Measuring Market Risk, 2nd Edition by Kevin Dowd

Measuring Market Risk, 2nd Edition



Measuring Market Risk, 2nd Edition ebook




Measuring Market Risk, 2nd Edition Kevin Dowd ebook
Publisher:
Page: 410
ISBN: 0470013036, 9780470016510
Format: pdf


New York: John Wiley & Sons, Inc., 2005. CHAPTER New material has been added on behavioural finance, mutual hedge funds, venture capital and equity markets, weather and energy derivatives, carbon trading, exotic derivatives, real options, derivatives strategies, and market risk/value at risk. Material on Corporate Finance has been removed. If you read the headlines (and most people don't bother to go much farther beyond the headline than the lead paragraph –- to our collective disgrace), you already think FASB eased the rules for measuring fair value on Thursday. CHAPTER 11 International Portfolio Diversification 221. (Taylor, F, 2000 2nd edition) In addition when GM & Corus borrow in foreign currency, committing themselves to regular interest and principal payments in that currency, they are exposed to forex risk. Risk Management and Capital Adequacy. Furthermore, this exposure exists irrespective of whether assets and liabilities are accounted for on an historical book value or current market value basis. CHAPTER 9 Measuring Asset Returns 153. It didn't help that much here, . With the onset of the crisis, the financial system could barely have taken comfort in book value accounting which relied on historical cost, as opposed to getting some forward visibility from market value, however imperfect the measure may have been. To measure the impact of exchange rate movements on the two organisations involved in foreign currency denominated operations, we need to identify the types of risks that GM & Corus are exposed to and the amount of risk they actually encounter. CHAPTER 10 Portfolio Theory 189. Chapter 10 – VaR Methods; Chapter 11 – VaR Mapping; Chapter 14 – Stress Testing. Value at Risk: The New Benchmark for Managing Financial Risk, 3rd ed. To the point that, if you want to be all “don't look at one number to measure risk, you jerks,” VaR is the one number you tell the jerks not to look at.