Practical options pricing for better-informed investment decisions.
The Heston Model and Its Extensions in VBA is the definitive guide
to options pricing using two of the derivatives industry's most
powerful modeling tools the Heston model, and VBA. Light on theory,
this extremely useful reference focuses on implementation, and can
help investors more efficiently and accurately exploit market
information to better inform investment decisions. Coverage
includes a description of the Heston model, with specific emphasis
on equity options pricing and variance modeling, The book focuses
not only on the original Heston model, but also on the many
enhancements and refinements that have been applied to the model,
including methods that use the Fourier transform, numerical
integration schemes, simulation, methods for pricing American
options, and much more. The companion website offers pricing code
in VBA that resides in an extensive set of Excel spreadsheets. The
Heston model is the derivatives industry's most popular stochastic
volatility model for pricing equity derivatives. This book provides
complete guidance toward the successful implementation of this
valuable model using the industry's ubiquitous financial modeling
software, giving users the understanding and VBA code they need to
produce option prices that are more accurate, and volatility
surfaces that more closely reflect market conditions. Derivatives
pricing is often the hinge on which profit is made or lost in
financial institutions, making accuracy of utmost importance. This
book will help risk managers, traders, portfolio managers, quants,
academics and other professionals better understand the Heston
model and its extensions, in a writing style that is clear,
concise, transparent and easy to understand. For better pricing
accuracy, The Heston Model and Its Extensions in VBA is a crucial
resource for producing more accurate model outputs such as prices,
hedge ratios, volatilities, and graphs.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
