{"product_id":"time-series-2","title":"Time Series","description":"\u003cp\u003eA new edition of the comprehensive, hands-on guide to financial time series, now featuring S-Plus® and R software\u003c\/p\u003e \u003cp\u003eTime Series: Applications to Finance with R and S-Plus®, Second Edition is designed to present an in-depth introduction to the conceptual underpinnings and modern ideas of time series analysis. Utilizing interesting, real-world applications and the latest software packages, this book successfully helps readers grasp the technical and conceptual manner of the topic in order to gain a deeper understanding of the ever-changing dynamics of the financial world.\u003c\/p\u003e \u003cp\u003eWith balanced coverage of both theory and applications, this Second Edition includes new content to accurately reflect the current state-of-the-art nature of financial time series analysis. A new chapter on Markov Chain Monte Carlo presents Bayesian methods for time series with coverage of Metropolis-Hastings algorithm, Gibbs sampling, and a case study that explores the relevance of these techniques for understanding activity in the Dow Jones Industrial Average. The author also supplies a new presentation of statistical arbitrage that includes discussion of pairs trading and cointegration. In addition to standard topics such as forecasting and spectral analysis, real-world financial examples are used to illustrate recent developments in nonstandard techniques, including:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eNonstationarity\u003c\/li\u003e\n\u003cli\u003eHeteroscedasticity\u003c\/li\u003e\n\u003cli\u003eMultivariate time series\u003c\/li\u003e\n\u003cli\u003eState space modeling and stochastic volatility\u003c\/li\u003e\n\u003cli\u003eMultivariate GARCH\u003c\/li\u003e\n\u003cli\u003eCointegration and common trends\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eThe book's succinct and focused organization allows readers to grasp the important ideas of time series. All examples are systematically illustrated with S-Plus® and R software, highlighting the relevance of time series in financial applications. End-of-chapter exercises and selected solutions allow readers to test their comprehension of the presented material, and a related Web site features additional data sets.\u003c\/p\u003e \u003cp\u003eTime Series: Applications to Finance with R and S-Plus® is an excellent book for courses on financial time series at the upper-undergraduate and beginning graduate levels. It also serves as an indispensible resource for practitioners working with financial data in the fields of statistics, economics, business, and risk management.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Product","offer_id":54251345543512,"sku":"9780470583623","price":132.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780470583623__676f7a14eda49.jpg?v=1741159634","url":"https:\/\/agendabookshop.com\/products\/time-series-2","provider":"Agenda Bookshop","version":"1.0","type":"link"}