{"product_id":"preparing-for-the-worst-1","title":"Preparing for the Worst","description":"\u003cb\u003eA timely approach to downside risk and its role in stock market investments\u003c\/b\u003e  \u003cp\u003eWhen dealing with the topic of risk analysis, most books on investments treat downside and upside risk equally. Preparing for the Worst takes an entirely novel approach by focusing on downside risk and explaining how to incorporate it into investment decisions. Highlighting this asymmetry of the stock market, the authors describe how existing theories miss the downside and follow with explanations of how it can be included. Various techniques for calculating downside risk are demonstrated.\u003c\/p\u003e \u003cp\u003eThis book presents the latest ideas in the field from the ground up, making the discussion accessible to mathematicians and statisticians interested in applications in finance, as well as to finance professionals who may not have a mathematical background. An invaluable resource for anyone wishing to explore the critical issues of finance, portfolio management, and securities pricing, this book:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eIncorporates Value at Risk into the theoretical discussion\u003c\/li\u003e\n\u003cli\u003eUses many examples to illustrate downside risk in U.S., international, and emerging market investments\u003c\/li\u003e\n\u003cli\u003eAddresses downside risk arising from fraud and corruption\u003c\/li\u003e\n\u003cli\u003eIncludes step-by-step instructions on how to implement the methods introduced in this book\u003c\/li\u003e\n\u003cli\u003eOffers advice on how to avoid pitfalls in calculations and computer programming\u003c\/li\u003e\n\u003cli\u003eProvides software use information and tips\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54231977165144,"sku":"9780471234425","price":164.86,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780471234425.jpg?v=1778562969","url":"https:\/\/agendabookshop.com\/products\/preparing-for-the-worst-1","provider":"Agenda Bookshop","version":"1.0","type":"link"}