How Long to Read Indexation and Causation of Financial Markets

How Long Does it Take to Read Indexation and Causation of Financial Markets?

It takes the average reader 1 hour and 50 minutes to read Indexation and Causation of Financial Markets by Yoko Tanokura

Assuming a reading speed of 250 words per minute. Learn more

Description

​This book presents a new statistical method of constructing a price index of a financial asset where the price distributions are skewed and heavy-tailed and investigates the effectiveness of the method. In order to fully reflect the movements of prices or returns on a financial asset, the index should reflect their distributions. However, they are often heavy-tailed and possibly skewed, and identifying them directly is not easy. This book first develops an index construction method depending on the price distributions, by using nonstationary time series analysis. Firstly, the long-term trend of the distributions of the optimal Box–Cox transformed prices is estimated by fitting a trend model with time-varying observation noises. By applying state space modeling, the estimation is performed and missing observations are automatically interpolated. Finally, the index is defined by taking the inverse Box–Cox transformation of the optimal long-term trend. This book applies the method to various financial data. For example, applying it to the sovereign credit default swap market where the number of observations varies over time due to the immaturity, the spillover effects of the financial crisis are detected by using the power contribution analysis measuring the information flows between indices. The investigations show that applying this method to the markets with insufficient information such as fast-growing or immature markets can be effective.

How long is Indexation and Causation of Financial Markets?

Indexation and Causation of Financial Markets by Yoko Tanokura is 110 pages long, and a total of 27,500 words.

This makes it 37% the length of the average book. It also has 34% more words than the average book.

How Long Does it Take to Read Indexation and Causation of Financial Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 30 minutes to read Indexation and Causation of Financial Markets aloud.

What Reading Level is Indexation and Causation of Financial Markets?

Indexation and Causation of Financial Markets is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Indexation and Causation of Financial Markets?

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