{"product_id":"risk-measures-extreme-value-rective-publishing-9798312681130","title":"Risk Measures \u0026 Extreme Value Theory (EVT) in Finance: A Practical Guide to Tail Risk, Crisis Modeling, and Quantitative Risk Management","description":"\u003cb\u003eReactive Publishing\u003c\/b\u003e\u003cp\u003eFinancial markets are \u003cb\u003edominated by uncertainty, fat tails, and rare but catastrophic events\u003c\/b\u003e. Traditional risk models often fail to capture extreme losses, leading to underestimation of \u003cb\u003eblack swan events\u003c\/b\u003e and systemic crises. \u003cb\u003eExtreme Value Theory (EVT) and advanced risk measures\u003c\/b\u003e provide the mathematical tools necessary to \u003cb\u003equantify tail risk, assess market crashes, and build more resilient financial models\u003c\/b\u003e.\u003c\/p\u003e\u003cp\u003eThis book \u003cb\u003ebridges the gap between theoretical risk modeling and practical applications\u003c\/b\u003e, equipping finance professionals with \u003cb\u003estatistical techniques and Python implementations\u003c\/b\u003e to analyze \u003cb\u003eextreme market movements, portfolio drawdowns, and systemic contagion risks\u003c\/b\u003e.\u003c\/p\u003e\u003cb\u003eWhat You'll Learn: \u003c\/b\u003e\u003cp\u003e\u003cb\u003eCore Risk Measures in Finance\u003c\/b\u003e - Value at Risk (VaR), Conditional VaR (CVaR), and Expected Shortfall\u003cbr\u003e\u003cb\u003eExtreme Value Theory (EVT) Fundamentals\u003c\/b\u003e - Block maxima method, Peaks Over Threshold (POT), and Generalized Extreme Value (GEV) distribution\u003cbr\u003e\u003cb\u003eModeling Financial Crashes \u0026amp; Tail Risk\u003c\/b\u003e - Identify, predict, and hedge against extreme losses\u003cbr\u003e\u003cb\u003eFat Tails \u0026amp; Heavy-Tailed Distributions\u003c\/b\u003e - Lévy processes, Pareto distributions, and power laws in market data\u003cbr\u003e\u003cb\u003eCopula Models for Dependence Structures\u003c\/b\u003e - Quantify multi-asset risk and tail dependencies\u003cbr\u003e\u003cb\u003eStress Testing \u0026amp; Crisis Simulation\u003c\/b\u003e - Use EVT-based Monte Carlo simulations to model financial crises\u003cbr\u003e\u003cb\u003ePython Implementations \u0026amp; Case Studies\u003c\/b\u003e - Hands-on coding with \u003cb\u003eSciPy, NumPy, and EVT-specific libraries\u003c\/b\u003e\u003c\/p\u003e\u003cb\u003eWho This Book is For: \u003c\/b\u003e\u003cp\u003e\u003cb\u003eRisk Managers \u0026amp; Portfolio Analysts\u003c\/b\u003e - Improve financial stability by correctly measuring tail risk\u003cbr\u003e\u003cb\u003eTraders \u0026amp; Hedge Fund Analysts\u003c\/b\u003e - Optimize strategies by understanding extreme price movements\u003cbr\u003e\u003cb\u003eQuantitative Researchers \u0026amp; Data Scientists\u003c\/b\u003e - Develop robust statistical models for extreme risk events\u003cbr\u003e\u003cb\u003eStudents \u0026amp; Academics in Quant Finance \u0026amp; Statistics\u003c\/b\u003e - Master EVT for financial applications\u003c\/p\u003e\u003cp\u003eWith \u003cb\u003eclear explanations, real-world financial case studies, and hands-on Python implementations\u003c\/b\u003e, this book \u003cb\u003etransforms EVT and risk measures into actionable tools for risk management and trading strategies\u003c\/b\u003e.\u003c\/p\u003e\u003cp\u003e\u003cb\u003ePrepare for the extremes-get your copy today!\u003c\/b\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Rective Publishing,Johann Strauss\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9798312681130\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Independently Published\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/02\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 320\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.85lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.80d","brand":"Rective Publishing","offers":[{"title":"Paperback","offer_id":48800881115391,"sku":"9798312681130","price":29.99,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/risk-measures-extreme-value-rective-publishing-9798312681130","provider":"WR Book House","version":"1.0","type":"link"}