A breakthrough methodology for profiting in the high-yield and distressed debt market
Global advances in technology give investors and asset managers more information at their fingertips than ever before. With Quantitative Analytics in Debt Valuation and Management, you can join the elite club of quantitative investors who know how to use that information to beat the market and their competitors.
This powerful guide shows you how to sharpen your analytical process by considering valuable information hidden in the prices of related assets. Quantitative Analytics in Debt Valuation and Management reveals a progressive framework incorporating debt valuation based on the interrelationships among the equity, bond, and options markets. Using this cutting-edge method in conjunction with traditional debt and equity analysis, you will reduce portfolio risk, find assets with the highest returns, and generate dramatically greater profits from your transactions.
This book's "fat-free" presentation and easy-to-navigate format jump-starts busy professionals on their way to mastering proven techniques to:
Additionally, you will be well prepared for the real world with the book's focus on practical application and clear case studies. Step-by-step, you will see how to improve bond pricing and hedge debt with equity, and how selected investment management strategies perform when the model is used to drive decision making.
|Traditional Techniques in Credit Analysis||p. 1|
|Loan Valuation Framework||p. 45|
|Model Application and Capital Framework||p. 69|
|Pricing Individual Loans||p. 95|
|Market-Implied Probability of Default||p. 125|
|Integrating Equity Prices into Debt Valuation||p. 155|
|Hedging Debt with Equity||p. 187|
|Real-Time Simulation-A Case Study||p. 223|
|Managing Levered Debt Portfolios||p. 253|
|Conclusions and Final Thoughts||p. 285|
|Table of Contents provided by Ingram. All Rights Reserved.|
Number Of Pages: 368
Published: 25th April 2012
Dimensions (cm): 23.9 x 16.5 x 3.4
Weight (kg): 0.636