Bubble Value at Risk

Bubble Value at Risk
Author :
Publisher : John Wiley & Sons
Total Pages : 271
Release :
ISBN-10 : 9781118550373
ISBN-13 : 1118550374
Rating : 4/5 (73 Downloads)

Book Synopsis Bubble Value at Risk by : Max C. Y. Wong

Download or read book Bubble Value at Risk written by Max C. Y. Wong and published by John Wiley & Sons. This book was released on 2013-01-30 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces a powerful new approach to financial risk modeling with proven strategies for its real-world applications The 2008 credit crisis did much to debunk the much touted powers of Value at Risk (VaR) as a risk metric. Unlike most authors on VaR who focus on what it can do, in this book the author looks at what it cannot. In clear, accessible prose, finance practitioners, Max Wong, describes the VaR measure and what it was meant to do, then explores its various failures in the real world of crisis risk management. More importantly, he lays out a revolutionary new method of measuring risks, Bubble Value at Risk, that is countercyclical and offers a well-tested buffer against market crashes. Describes Bubble VaR, a more macro-prudential risk measure proven to avoid the limitations of VaR and by providing a more accurate risk exposure estimation over market cycles Makes a strong case that analysts and risk managers need to unlearn our existing "science" of risk measurement and discover more robust approaches to calculating risk capital Illustrates every key concept or formula with an abundance of practical, numerical examples, most of them provided in interactive Excel spreadsheets Features numerous real-world applications, throughout, based on the author’s firsthand experience as a veteran financial risk analyst


Bubble Value at Risk Related Books

Bubble Value at Risk
Language: en
Pages: 271
Authors: Max C. Y. Wong
Categories: Business & Economics
Type: BOOK - Published: 2013-01-30 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

Introduces a powerful new approach to financial risk modeling with proven strategies for its real-world applications The 2008 credit crisis did much to debunk t
An Introduction to Value-at-Risk
Language: en
Pages: 224
Authors: Moorad Choudhry
Categories: Business & Economics
Type: BOOK - Published: 2013-05-13 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

The value-at-risk measurement methodology is a widely-used tool in financial market risk management. The fifth edition of Professor Moorad Choudhry’s benchmar
Understanding Market, Credit, and Operational Risk
Language: en
Pages: 312
Authors: Linda Allen
Categories: Business & Economics
Type: BOOK - Published: 2009-02-04 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

A step-by-step, real world guide to the use of Value at Risk (VaR) models, this text applies the VaR approach to the measurement of market risk, credit risk and
Boom and Bust
Language: en
Pages: 297
Authors: William Quinn
Categories: Business & Economics
Type: BOOK - Published: 2020-08-06 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to an
Risk Management and Value
Language: en
Pages: 645
Authors: Mondher Bellalah
Categories: Business & Economics
Type: BOOK - Published: 2008 - Publisher: World Scientific

DOWNLOAD EBOOK

This book provides a comprehensive discussion of the issues related to risk, volatility, value and risk management. It includes a selection of the best papers p