Berlin Springer-Verlag Berlin and Heidelberg GmbH & Co. K 2011 2012. Hard cover New. 804 p. Springer Handbooks of Computational Statistics . XI, 804 p. Intended for professional and scholarly audience.

ISBN10: 3642172539, ISBN13: 9783642172533, [publisher: Springer Berlin Heidelberg] Hardcover Druck auf Anfrage Neuware - Printed after ordering - Any financial asset that is openly traded has a market price. Except for extreme market conditions, market price may be more or less than a 'fair' value. Fair value is likely to be some complicated function of the current intrinsic value of tangible or intangible assets underlying the claim and our assessment of the characteristics of the underlying assets with respect to the expected rate of growth, future dividends, volatility, and other relevant market factors. Some of these factors that affect the price can be measured at the time of a transaction with reasonably high accuracy. Most factors, however, relate to expectations about the future and to subjective issues, such as current management, corporate policies and market environment, that could affect the future financial performance of the underlying assets. Models are thus needed to describe the stochastic factors and environment, and their implementations inevitably require computational finance tools.
[Einbeck, Germany] [Publication Year: 2011]
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ISBN10: 3642172539, ISBN13: 9783642172533, [publisher: Springer Berlin Heidelberg] Hardcover Druck auf Anfrage Neuware - Printed after ordering - Any financial asset that is openly traded has a market price. Except for extreme market conditions, market price may be more or less than a 'fair' value. Fair value is likely to be some complicated function of the current intrinsic value of tangible or intangible assets underlying the claim and our assessment of the characteristics of the underlying assets with respect to the expected rate of growth, future dividends, volatility, and other relevant market factors. Some of these factors that affect the price can be measured at the time of a transaction with reasonably high accuracy. Most factors, however, relate to expectations about the future and to subjective issues, such as current management, corporate policies and market environment, that could affect the future financial performance of the underlying assets. Models are thus needed to describe the stochastic factors and environment, and their implementations inevitably require computational finance tools.
[Einbeck, Germany] [Publication Year: 2011]
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ISBN10: 3642172539, ISBN13: 9783642172533, [publisher: Springer] Hardcover New Copy. Customer Service Guaranteed
[Denver, CO, U.S.A.] [Publication Year: 2011]