Energy Risk

Valuing and Managing Energy Derivatives

• Author(s): Dragana Pilipović,
• Publisher: McGraw Hill Professional
• Pages: 248
• ISBN_10: 0786312319
  ISBN_13: 9780786312313
  
• Language: en
• Categories: Business & Economics / Investments & Securities / Commodities / General , Business & Economics / Finance / General , Business & Economics / Investments & Securities / General , Business & Economics / Investments & Securities / Futures , Business & Economics / Investments & Securities / Derivatives , Business & Economics / Personal Finance / General , Business & Economics / Personal Finance / Investing , Business & Economics / Industries / Energy ,

Description:... Energy Risk: Valuing and Managing Energy Derivatives is the market-tested and immediately valuable answer to many trading and risk management questions. It will be immensely helpful to traders, utilities, banks, natural gas firms, large end users, and other professionals who face the often-untested waters of energy investment and risk management. This comprehensive book covers the entire range of energy investing issues, including properties and principles that make energy markets so different from more established financial markets; essential types of modeling principles and skills that are demanded by the complexities of energy markets, including electricity and natural gas; ways to model the underlying price behavior of the spot and forward markets, plus an effective method for modeling volatility; option price modeling and implementation; and complete risk management tools, including the "Greeks," portfolio analysis, and value-at-risk (VAR).