Bugár Gyöngyi

Market and Credit Risk Management

Measuring Risk with Dispersion Measures

In statistics, dispersion measures are used to capture the variability of a random variable. For example, if we want to estimate the risk of an investment, the return on the investment plays the role of this random variable. The return is the change in the value of an investment over a given period. It is usually made up of two parts: the change in the price of the product purchased (e.g. a share) on the one hand, and other income from the investment on the other. If we stick to the particular example, the former is the gain or loss in the share price and the latter is the dividend paid by the issuer of the share.

Tartalomjegyzék

Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2023

ISBN: 978 963 454 857 7

Gazdaság

International credit crunch, Mexican peso crisis, Asian crisis, sub-prime mortgage crisis... It is enough to think back to the financial crises of the last few decades to see why risk management is essential in the economy. This book will introduce the reader to the basics of financial risk management and the tools for managing market and credit risk. However, the book is not only for those who are starting to be familiar with risk management. Its middle section, where the author describes the various risk indicators and measures, should also provide interesting information for professionals. Particularly commendable that Gyöngyi Bugár guiding us with thematically structured practical examples through this dynamically evolving field.

Bálint Zsoldos - Credit risk analyst of an international investment bank

Hivatkozás: https://mersz.hu/bugar-market-and-credit-risk-management//

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