Hedging Market Exposures, EBOOKI
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//-->ContentsSeriesTitle PageCopyrightPrefaceIntroductionPORTFOLIO RISKSRISK MANAGEMENT TRIADRISK MANAGEMENT IN PRACTICEINTENDED AUDIENCEBOOK OUTLINEAbout the AuthorsChapter 1: The Economic Environment1.1. INTRODUCTION1.2. INFLATION AND UNEMPLOYMENT1.3. CENTRAL BANKS AND THE MONEYSUPPLY1.4. THE BUSINESS CYCLE1.5. PREDICTING THE FUTURE?1.6. ECONOMIC INDICATORSChapter 2: Risk: An Introduction2.1. WHAT IS RISK?2.2. RISKS OF FINANCIAL INSTRUMENTS2.3. OPERATIONAL RISK2.4. WHAT RISKS ARE IN YOURPORTFOLIO? HIDDEN HAZARDS2.5. HEDGING MARKET RISKSChapter 3: Asset Modeling3.1. ASSET VALUE3.2. FINANCIAL MODELS3.3. VALUATION PRINCIPLES3.4. DISCOUNT RATES SELECTION3.5. CASH FLOW PROJECTION AND ASSETVALUATION3.6. STOCHASTIC ASSET VALUATION3.7. THE MONTE CARLO METHOD3.8. STOCHASTIC EXTRAPOLATIONChapter 4: Market Exposures and FactorSensitivities4.1. FROM VALUATION TO RESPONSESAND SENSITIVITIES4.2. RESPONSE MATRIX AND SCENARIOGRID4.3. STRESS-TESTING4.4. SENSITIVITIES4.5. INTEREST RATE SENSITIVITIES:DURATION, PV01, CONVEXITY, KEY RATEMEASURES4.6. NUMERICAL EVALUATION OFSENSITIVITIES4.7. PERFORMANCE ATTRIBUTION ANDCOMPLETENESS TESTChapter 5: Quantifying Portfolio Risks5.1. THE NATURE OF RISK5.2. STANDARD RISK MEASURES5.3. OPTIMAL HEDGE SIZING5.4. TAIL-RISK MEASURESChapter 6: The Decision to Hedge6.1. TO HEDGE OR NOT TO HEDGE?6.2. THE HEDGING PROCESSChapter 7: Constructing a Hedge7.1. AN IDEAL HEDGE7.2. A SAMPLE HEDGE7.3. STATIC AND DYNAMIC HEDGING7.4. PROXY HEDGING7.5. PROTECTION VERSUS UPSIDE7.6. BASIS RISK7.7. UNINTENDED CONSEQUENCES7.8. HEDGING CREDIT RISK7.9. HEDGING PREPAYMENT,REDEMPTION, AND OTHER HUMANBEHAVIOR RISKS7.10 EXECUTIONAppendix A: Basics of Probability TheoryPROBABILITY AND RANDOM
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