Energy Trading and Risk Management: A Practical Approach to Hedging, Trading and Portfolio Diversification (Wiley Finance)
| Author | : | |
| Rating | : | 4.54 (594 Votes) |
| Asin | : | B00JKGG1I0 |
| Format Type | : | |
| Number of Pages | : | 589 Pages |
| Publish Date | : | 2016-10-17 |
| Language | : | English |
DESCRIPTION:
With an approachable writing style, Iris Mack breaks down the three primary applications for energy derivatives markets – Risk Management, Speculation, and Investment Portfolio Diversification – in a way that hedge fund traders, consultants, and energy market participants can apply in their day to day trading activities. Moving from the fundamentals of energy markets through simple and complex derivatives trading, hedging strategies, and industry-specific case studies, Dr. Mack walks readers through energy trading and risk management concepts at an instructive pace, supporting her explanations with real-world examples, illustrations, charts, and precise definitions of important and often-misunderstood terms.From stochastic pricing models for exotic derivatives, to modern portfolio theory (MPT), energy portfolio management (EPM), to case studies dealing specifically with risk management challenges unique to wind and hydro-electric power, the bookguides readers through the complex world of energy trading and risk management to help investors, executives, and energy professionals ensure profitability and optimal risk mitigation in every market climat
"Thorough Analysis of Energy Finance Markets" according to Zubin Moosa. Energy Trading and Risk Management is an essential text that provides a thorough yet straightforward overview of the energy finance marketplace. Dr. Mack's book works as both a stepping stone and introductory piece to options, futures, and various other trading and risk management techniques, or as a supplement to experienced professionals. With both analysis of the underlying theory of energy derivative tools, as well as thorough walk-throughs of real world examples, I highly recommend Energy Trading and. "Great book for those interested in the energy markets!" according to Ron Jackson. Energy Trading and Risk Management is a comprehensive guide to the energy sector of the global financial markets. Dr. Mack covered every aspect of energy trading and what it is involved in risk management. Quant models and qualitative factors that should be accounted for when considering energy investments are explained thoroughly enough to gain needed insight, but described simply enough to be easily understood. There also many case studies included in the book to bring clarity to some of the concepts. I. Amazon Customer said is a great book that helped me to understand the fundamentals of. Energy - Trading and Risk Management, by Dr Iris Mack, is a great book that helped me to understand the fundamentals of trading. Dr. Mack's book helped make a complicated topic, easy to understand. Having Dr Mack as the professor for my trading class made a world of difference. I highly recommend this book to anyone who is interested in learning about energy trading.
Among the latest reference sources, industry veteran and academic Dr Iris Marie Mack’s book Energy Trading and Risk Management published by Wiley is a pretty compelling one.I instantly warmed up to the book barely a chapter in, struck by its practical approach, balanced tone, contextualised narrative and a genuine desire on the author’s part to define terms and methodologies for the benefit of those with a mid-tier investment knowledge base.Furthermore, the instructive narrative seeks to bring about a holistic understanding of how energy markets work to begin with, leading on to an adequate treatment of risk, speculation and portfolio diversity tenets. Whether one is brave enough (or not) comes second and not having a clear strategy would be borderline foolishness. That makes it worthy of any energy sector professional’s bookshelf.—Gaurav Sharma. From contango to the mo