Hidden Markov Models in Finance International Series in Operations Research & Management Science, 104 | 2007 Edition

Details about Hidden Markov Models in Finance International Series in Operations Research & Management Science, 104:

A number of methodologies have been employed to provide decision making solutions globalized markets. Hidden Markov Models in Finance offers the first systematic application of these methods to specialized financial problems: option pricing, credit risk modeling, volatility estimation and more. The book provides tools for sorting through turbulence, volatility, emotion, chaotic events – the random "noise" of financial markets – to analyze core components.