{"product_id":"foundations-of-computational-finance-with-matlab-isbn-9781119433859","title":"Foundations of Computational Finance with MATLAB","description":"\u003cp\u003e\u003cb\u003eGraduate from Excel to MATLAB\u003csup\u003e®\u003c\/sup\u003e to keep up with the evolution of finance data\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFoundations of Computational Finance with MATLAB\u003csup\u003e®\u003c\/sup\u003e\u003c\/i\u003e is an introductory text for both finance professionals looking to branch out from the spreadsheet, and for programmers who wish to learn more about finance. As financial data grows in volume and complexity, its very nature has changed to the extent that traditional financial calculators and spreadsheet programs are simply no longer enough. Today’s analysts need more powerful data solutions with more customization and visualization capabilities, and MATLAB provides all of this and more in an easy-to-learn skillset.\u003c\/p\u003e \u003cp\u003eThis book walks you through the basics, and then shows you how to stretch your new skills to create customized solutions. Part I demonstrates MATLAB’s capabilities as they apply to traditional finance concepts, and PART II shows you how to create interactive and reusable code, link with external data sources, communicate graphically, and more.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eMaster MATLAB’s basic operations including matrices, arrays, and flexible data structures\u003c\/li\u003e \u003cli\u003eLearn how to build your own customized solutions when the built-ins just won’t do\u003c\/li\u003e \u003cli\u003eLearn how to handle financial data and industry-specific variables including risk and uncertainty\u003c\/li\u003e \u003c\/ul\u003e \u003cul\u003e \u003cli\u003eAdopt more accurate modeling practices for portfolios, options, time series, and more\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eMATLAB is an integrated development environment that includes everything you need in one well-designed user interface. Available Toolboxes provide tested algorithms that save you hours of code, and the skills you learn using MATLAB make it easier to learn additional languages if you choose to do so. Financial firms are catching up to universities in MATLAB usage, so this is skill set that will follow you throughout your career. When you’re ready to step into the new age of finance, \u003ci\u003eFoundations of Computational Finance with MATLAB\u003c\/i\u003e provides the expert instruction you need to get started quickly. \u003c\/p\u003e \u003cp\u003eIntroduction xiii\u003c\/p\u003e \u003cp\u003eWhy You Should Read This Book xiii\u003c\/p\u003e \u003cp\u003eThe Intended Reader xiv\u003c\/p\u003e \u003cp\u003eWhy MATLAB\u003csup\u003e®\u003c\/sup\u003e? xiv\u003c\/p\u003e \u003cp\u003eHow to Use This Book xvi\u003c\/p\u003e \u003cp\u003eFont Conventions xvi\u003c\/p\u003e \u003cp\u003eAbout the Author xvii\u003c\/p\u003e \u003cp\u003eMathWorks Information xviii\u003c\/p\u003e \u003cp\u003eReferences xviii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I MATLAB Conventions and Basic Skills 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Working with MATLAB\u003csup\u003e®\u003c\/sup\u003e Data 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Introduction 3\u003c\/p\u003e \u003cp\u003e1.2 Arrays 3\u003c\/p\u003e \u003cp\u003e1.2.1 Numerical Arrays 4\u003c\/p\u003e \u003cp\u003e1.2.2 Math Calculations with Scalars,Vectors, and Matrices 10\u003c\/p\u003e \u003cp\u003e1.2.3 Statistical Calculations on Vectors and Matrices 16\u003c\/p\u003e \u003cp\u003e1.2.4 Extracting Values from Numerical Vectors and Matrices 19\u003c\/p\u003e \u003cp\u003e1.2.5 Counting Elements 26\u003c\/p\u003e \u003cp\u003e1.2.6 Sorting Vectors and Matrices 28\u003c\/p\u003e \u003cp\u003e1.2.7 Relational Expressions and Logical Arrays 31\u003c\/p\u003e \u003cp\u003e1.2.8 Dealing with NaNs (Not a Number) 35\u003c\/p\u003e \u003cp\u003e1.2.9 Dealing with Missing Data 39\u003c\/p\u003e \u003cp\u003e1.3 Character Arrays 40\u003c\/p\u003e \u003cp\u003e1.3.1 String Arrays 44\u003c\/p\u003e \u003cp\u003e1.4 Flexible Data Structures 46\u003c\/p\u003e \u003cp\u003e1.4.1 Cell Arrays 47\u003c\/p\u003e \u003cp\u003e1.4.2 Structure (“struct”) Arrays 49\u003c\/p\u003e \u003cp\u003e1.4.3 Tables 51\u003c\/p\u003e \u003cp\u003eReferences 60\u003c\/p\u003e \u003cp\u003eFurther Reading 60\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Working with Dates and Times 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Introduction 61\u003c\/p\u003e \u003cp\u003e2.2 Finance Background: Why Dates and Times Matter 61\u003c\/p\u003e \u003cp\u003e2.2.1 First Challenge: Day Count Conventions 62\u003c\/p\u003e \u003cp\u003e2.2.2 Second Challenge: Date Formats 63\u003c\/p\u003e \u003cp\u003e2.3 Dates and Times in MATLAB 64\u003c\/p\u003e \u003cp\u003e2.3.1 Datetime Variables 64\u003c\/p\u003e \u003cp\u003e2.3.2 Date Conversions 73\u003c\/p\u003e \u003cp\u003e2.3.3 Date Generation Functions with Serial Number Outputs 79\u003c\/p\u003e \u003cp\u003e2.3.4 Duration Arrays 83\u003c\/p\u003e \u003cp\u003e2.3.5 Calendar Duration Variables 86\u003c\/p\u003e \u003cp\u003e2.3.6 Date Calculations and Operations 89\u003c\/p\u003e \u003cp\u003e2.3.7 Plotting Date Variables Introduction 94\u003c\/p\u003e \u003cp\u003eReferences 95\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Basic Programming with MATLAB\u003csup\u003e®\u003c\/sup\u003e 97\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 Introduction 97\u003c\/p\u003e \u003cp\u003e3.1.1 Algorithms 101 97\u003c\/p\u003e \u003cp\u003e3.1.2 Go DIY or Use Built-In Code? 98\u003c\/p\u003e \u003cp\u003e3.2 MATLAB Scripts and Functions 99\u003c\/p\u003e \u003cp\u003e3.2.1 Scripts 99\u003c\/p\u003e \u003cp\u003e3.2.2 Developing Functions 106\u003c\/p\u003e \u003cp\u003e3.2.3 If Statements 112\u003c\/p\u003e \u003cp\u003e3.2.4 Modular Programming 115\u003c\/p\u003e \u003cp\u003e3.2.5 User Message Formats 121\u003c\/p\u003e \u003cp\u003e3.2.6 Testing and Debugging 124\u003c\/p\u003e \u003cp\u003eReferences 127\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Working with Financial Data 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Introduction 129\u003c\/p\u003e \u003cp\u003e4.2 Accessing Financial Data 129\u003c\/p\u003e \u003cp\u003e4.2.1 Closing Prices versus Adjusted Close Prices for Stocks 130\u003c\/p\u003e \u003cp\u003e4.2.2 Data Download Examples 131\u003c\/p\u003e \u003cp\u003e4.2.3 Importing Data Interactively 133\u003c\/p\u003e \u003cp\u003e4.2.4 Automating Data Imports with a Script 138\u003c\/p\u003e \u003cp\u003e4.2.5 Automating Data Imports with a Function 140\u003c\/p\u003e \u003cp\u003e4.2.6 Importing Data Programmatically 147\u003c\/p\u003e \u003cp\u003e4.3 Working with Spreadsheet Data 154\u003c\/p\u003e \u003cp\u003e4.3.1 Importing Spreadsheet Data with Import Tool 154\u003c\/p\u003e \u003cp\u003e4.3.2 Importing Spreadsheet Data Programmatically 154\u003c\/p\u003e \u003cp\u003e4.4 Data Visualization 156\u003c\/p\u003e \u003cp\u003e4.4.1 Built-In Plot Functions 156\u003c\/p\u003e \u003cp\u003e4.4.2 Using the Plot Tools 158\u003c\/p\u003e \u003cp\u003e4.4.3 Plotting with Commands 159\u003c\/p\u003e \u003cp\u003e4.4.4 Other Plot Tools 162\u003c\/p\u003e \u003cp\u003e4.4.5 Built-In Financial Charts 173\u003c\/p\u003e \u003cp\u003eReferences 176\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Financial Calculations with MATLAB 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Time Value of Money 179\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Introduction 179\u003c\/p\u003e \u003cp\u003e5.2 Finance Background 180\u003c\/p\u003e \u003cp\u003e5.2.1 Future Value with Single Cash Flows 180\u003c\/p\u003e \u003cp\u003e5.2.2 Future Value with Multiple Cash Flows 185\u003c\/p\u003e \u003cp\u003e5.2.3 Present Value with Single Cash Flows 187\u003c\/p\u003e \u003cp\u003e5.2.4 Present Value with Multiple Variable Cash Flows 188\u003c\/p\u003e \u003cp\u003e5.3 MATLAB Time Value of Money Functions 189\u003c\/p\u003e \u003cp\u003e5.3.1 Future Value of Fixed Periodic Payments 190\u003c\/p\u003e \u003cp\u003e5.3.2 Future Value of Variable Payments 191\u003c\/p\u003e \u003cp\u003e5.3.3 Present Value of Fixed Payments 193\u003c\/p\u003e \u003cp\u003e5.3.4 Present Value of Variable Payments 194\u003c\/p\u003e \u003cp\u003e5.4 Internal Rate of Return 197\u003c\/p\u003e \u003cp\u003e5.5 Effective Interest Rates 198\u003c\/p\u003e \u003cp\u003e5.6 Compound Annual Growth Rate 198\u003c\/p\u003e \u003cp\u003e5.7 Continuous Interest 200\u003c\/p\u003e \u003cp\u003e5.8 Loans 200\u003c\/p\u003e \u003cp\u003eReferences 202\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Bonds 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 Introduction 203\u003c\/p\u003e \u003cp\u003e6.2 Finance Background 204\u003c\/p\u003e \u003cp\u003e6.2.1 Bond Classifications 204\u003c\/p\u003e \u003cp\u003e6.2.2 Bond Terminology 205\u003c\/p\u003e \u003cp\u003e6.3 MATLAB Bond Functions 206\u003c\/p\u003e \u003cp\u003e6.3.1 US Treasury Bills 206\u003c\/p\u003e \u003cp\u003e6.3.2 Bond Valuation Principles 208\u003c\/p\u003e \u003cp\u003e6.3.3 Calculating Bond Prices 209\u003c\/p\u003e \u003cp\u003e6.3.4 Calculating Bond Yields 212\u003c\/p\u003e \u003cp\u003e6.3.5 Calculating a Bond’s Total Return 214\u003c\/p\u003e \u003cp\u003e6.3.6 Pricing Discount Bonds 216\u003c\/p\u003e \u003cp\u003e6.4 Bond Analytics 216\u003c\/p\u003e \u003cp\u003e6.4.1 Interest Rate Risk 217\u003c\/p\u003e \u003cp\u003e6.4.2 Measuring Rate Sensitivity 219\u003c\/p\u003e \u003cp\u003e6.4.3 Yield Curves 227\u003c\/p\u003e \u003cp\u003e6.5 Callable Bonds 229\u003c\/p\u003e \u003cp\u003eReferences 231\u003c\/p\u003e \u003cp\u003eFurther Reading 231\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Dealing with Uncertainty and Risk 233\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Introduction 233\u003c\/p\u003e \u003cp\u003e7.2 Overview of Financial Risk 234\u003c\/p\u003e \u003cp\u003e7.3 Data Insights 234\u003c\/p\u003e \u003cp\u003e7.3.1 Visualizing Data 235\u003c\/p\u003e \u003cp\u003e7.3.2 Basic Single Series Plots 237\u003c\/p\u003e \u003cp\u003e7.3.3 Basic Multiple Series Plots 237\u003c\/p\u003e \u003cp\u003e7.3.4 Adding Plot Customization 238\u003c\/p\u003e \u003cp\u003e7.3.5 Histograms 239\u003c\/p\u003e \u003cp\u003e7.3.6 Measures of Central Location 241\u003c\/p\u003e \u003cp\u003e7.3.7 Measures of Data Dispersion 243\u003c\/p\u003e \u003cp\u003e7.4 Data Relationships 249\u003c\/p\u003e \u003cp\u003e7.4.1 Covariance and Correlation 251\u003c\/p\u003e \u003cp\u003e7.4.2 Correlation Coefficients 252\u003c\/p\u003e \u003cp\u003e7.5 Creating a Basic Simulation Model 253\u003c\/p\u003e \u003cp\u003e7.6 Value at Risk (VaR) 258\u003c\/p\u003e \u003cp\u003eReferences 261\u003c\/p\u003e \u003cp\u003eFurther Reading 262\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Equity Derivatives 263\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Introduction 263\u003c\/p\u003e \u003cp\u003e8.2 Options 264\u003c\/p\u003e \u003cp\u003e8.2.1 Option Quotes 265\u003c\/p\u003e \u003cp\u003e8.2.2 Market Mechanics 266\u003c\/p\u003e \u003cp\u003e8.2.3 Factors in Option Valuation 267\u003c\/p\u003e \u003cp\u003e8.3 Option Pricing Models 268\u003c\/p\u003e \u003cp\u003e8.3.1 Arbitrage 269\u003c\/p\u003e \u003cp\u003e8.3.2 Binomial Option Pricing 270\u003c\/p\u003e \u003cp\u003e8.3.3 Black-Scholes 274\u003c\/p\u003e \u003cp\u003e8.4 Options’ Uses 276\u003c\/p\u003e \u003cp\u003e8.4.1 Hedging 277\u003c\/p\u003e \u003cp\u003e8.4.2 Speculation and Leverage 277\u003c\/p\u003e \u003cp\u003e8.4.3 Customizing Payoff Profiles 278\u003c\/p\u003e \u003cp\u003e8.5 Appendix: Other Types of Derivatives 279\u003c\/p\u003e \u003cp\u003e8.5.1 Commodity and Energy 279\u003c\/p\u003e \u003cp\u003e8.5.2 Credit 279\u003c\/p\u003e \u003cp\u003e8.5.3 Exotic Options 280\u003c\/p\u003e \u003cp\u003eReferences 281\u003c\/p\u003e \u003cp\u003eFurther Reading 281\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Portfolios 283\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 Introduction 283\u003c\/p\u003e \u003cp\u003e9.2 Finance Background 283\u003c\/p\u003e \u003cp\u003e9.3 Portfolio Optimization 285\u003c\/p\u003e \u003cp\u003e9.4 MATLAB Portfolio Object 286\u003c\/p\u003e \u003cp\u003e9.4.1 Object-Oriented Programming (OOP) 286\u003c\/p\u003e \u003cp\u003e9.4.2 A Basic Example 287\u003c\/p\u003e \u003cp\u003e9.4.3 Using Data Stored in a Table\u003c\/p\u003e \u003cp\u003eFormat 294\u003c\/p\u003e \u003cp\u003eReferences 296\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Regression and Time Series 297\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 Introduction 297\u003c\/p\u003e \u003cp\u003e10.2 Basic Regression 297\u003c\/p\u003e \u003cp\u003e10.2.1 Understanding Least Squares 300\u003c\/p\u003e \u003cp\u003e10.2.2 Model Notation 301\u003c\/p\u003e \u003cp\u003e10.2.3 Fitting a Polynomial with polyfit and polyval 303\u003c\/p\u003e \u003cp\u003e10.2.4 Linear Regression Methods 305\u003c\/p\u003e \u003cp\u003e10.3 Working with Time Series 308\u003c\/p\u003e \u003cp\u003e10.3.1 Step 1: Load the Data (Single Series) 308\u003c\/p\u003e \u003cp\u003e10.3.2 Step 2: Create the FTS Object 309\u003c\/p\u003e \u003cp\u003e10.3.3 Step 3: Using FTS Tools 311\u003c\/p\u003e \u003cp\u003eReferences 314\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix 1 Sharing Your Work 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA1.1 Introduction 315\u003c\/p\u003e \u003cp\u003eA1.2 Publishing a Script 316\u003c\/p\u003e \u003cp\u003eA1.2.1 Publishing with Code Sections 317\u003c\/p\u003e \u003cp\u003eA1.2.2 futureValueCalc3 319\u003c\/p\u003e \u003cp\u003eA1.2.3 Formatting Options 321\u003c\/p\u003e \u003cp\u003eA1.2.4 Working with Live Scripts 322\u003c\/p\u003e \u003cp\u003eA1.2.5 Editing and Control 325\u003c\/p\u003e \u003cp\u003eReferences 326\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix 2 Reference for Included MATLAB\u003csup\u003e®\u003c\/sup\u003e Functions 327\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIndex 335\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eED M\u003csmall\u003eC\u003c\/small\u003eCARTHY\u003c\/b\u003e is a journalist, prolific finance writer, and MathWorks Certified MATLAB\u003csup\u003e®\u003c\/sup\u003e Associate. His articles have appeared in \u003ci\u003eBloomberg Wealth Manager, CFA Institute Magazine, Institutional Investor, Financial Planning, Journal of Accountancy,\u003c\/i\u003e and the\u003ci\u003e Journal of Financial Planning.\u003c\/i\u003e He is also author of \u003ci\u003eThe Financial Advisor's Analytical Toolbox\u003c\/i\u003e and\u003ci\u003e Fast Forward MBA in Personal Finance.\u003c\/i\u003e    \u003c\/p\u003e\u003cp\u003eStaying competitive in corporate and investment finance today means a lot more than proficiency with spreadsheets and calculators. Advances in data collection and analytics have fundamentally changed how we manage money, and traditional tools and data sets are no longer enough. But where's the best place to start? \u003ci\u003eFoundations of Computational Finance with MATLAB\u003c\/i\u003e\u003csup\u003e®\u003c\/sup\u003e offers a robust introduction to the most up-do-date ways traditional finance practices are being optimized on the MATLAB\u003csup\u003e®\u003c\/sup\u003e computational platform. \u003c\/p\u003e\u003cp\u003eWith an understanding of linear algebra and statistics, as well as access to MATLAB\u003csup\u003e®\u003c\/sup\u003e and the associated toolboxes, you can use this hands-on guide alongside your computer to develop the knowledge base and skillset to enter the world of computational finance. Designed for the self-learner—clarifying chapter introductions, referenced source material, and sample codes walk you through creating interactive and reusable code, measuring and forecasting uncertainty, using graphics to analyze and communicate results in multiple formats, and more. \u003c\/p\u003e\u003cp\u003ePresented in a masterful pedagogy by a MathWorks Certified MATLAB\u003csup\u003e®\u003c\/sup\u003e Associate, the authoritative coverage focuses on developing a practical understanding of MATLAB\u003csup\u003e®\u003c\/sup\u003e's built-in functions in order to develop programming solutions. It enables users to immediately use the platform in real-world practice, with a solid foundation for launching into more advanced operations. Students and professionals alike can efficiently jumpstart their path to success in the financial industry with: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eBest practices for working with data, dates and times, and basic programming\u003c\/li\u003e \u003cli\u003eStep-by-step instruction for importing, manipulating, and visualizing financial data from popular external sources\u003c\/li\u003e \u003cli\u003eIllustrative explanations for applying time value of money calculations and applications to cash flows, time periods, and interest rates\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis versatile resource stays with you after you've mastered the basics with a section of appendices featuring handy, quick- reference MATLAB\u003csup\u003e®\u003c\/sup\u003e functions, as well as guidance for publishing code, creating interactive files, and conducting regression and time series analysis. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eFoundations of Computational Finance with MATLAB\u003c\/i\u003e\u003csup\u003e®\u003c\/sup\u003e is your one-stop primer to the new approach to financial analysis and management.    \u003c\/p\u003e\u003cp\u003e\u003cb\u003eMaster a Key Tool in Quantitative Finance\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eFoundations of Computational Finance with MATLAB\u003c\/i\u003e\u003csup\u003e®\u003c\/sup\u003e is the long-awaited introductory guide to one of the most flexible and powerful computational platforms for finance. \u003c\/p\u003e\u003cp\u003eWhether you're planning for a career in corporate or investment finance, or you're looking to advance in one of those industries, this hands-on guide is your turnkey solution to understanding the ins and outs of MATLAB\u003csup\u003e®\u003c\/sup\u003e and all the ways it enables you to get more out of your data sets, including nontraditional information, with new computational tools. \u003c\/p\u003e\u003cp\u003eThis single guidebook is all you need to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eGet up to speed quickly for real-world practice by mastering one of the best-suited platforms for quantitative finance\u003c\/li\u003e \u003cli\u003eReinforce covered material with interactive learning by working through guided examples in the MATLAB\u003csup\u003e®\u003c\/sup\u003e Command Window\u003c\/li\u003e \u003cli\u003eDevelop the complete, up-to-date groundwork you need to build advanced skills\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eSpreadsheets and calculators are a good start, but to keep pace with high- performing financial professionals, you need \u003ci\u003eFoundations of Computational Finance with MATLAB\u003c\/i\u003e\u003csup\u003e®\u003c\/sup\u003e\u003ci\u003e.\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989237776613,"sku":"NP9781119433859","price":29.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119433859.jpg?v=1761783326","url":"https:\/\/k12savings.com\/products\/foundations-of-computational-finance-with-matlab-isbn-9781119433859","provider":"K12savings","version":"1.0","type":"link"}