0
Your cart

Your cart is empty

Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment

Buy Now

Bubble Value at Risk, Revised Edition - A Countercyclical Risk Management Approach + Website (Hardcover, Revised Edition) Loot Price: R2,626
Discovery Miles 26 260
Bubble Value at Risk, Revised Edition - A Countercyclical Risk Management Approach + Website (Hardcover, Revised Edition): MCY...

Bubble Value at Risk, Revised Edition - A Countercyclical Risk Management Approach + Website (Hardcover, Revised Edition)

MCY Wong

 (sign in to rate)
Loot Price R2,626 Discovery Miles 26 260 | Repayment Terms: R246 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

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

General

Imprint: John Wiley & Sons
Country of origin: United States
Release date: April 2013
First published: 2013
Authors: MCY Wong
Dimensions: 235 x 153 x 26mm (L x W x T)
Format: Hardcover
Pages: 368
Edition: Revised Edition
ISBN-13: 978-1-118-55034-2
Categories: Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
Books > Business & Economics > Business & management > Management of specific areas > Budgeting & financial management
LSN: 1-118-55034-X
Barcode: 9781118550342

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!

Partners