Читать книгу Quantitative Finance For Dummies - Steve Bell - Страница 3

IN THIS PART …

Realise that the chart of a stock price can look jumpy and rather random because market prices are indeed very close to being random.

Get to grips with the mathematics of random numbers and brush up on probability and statistics.

Enter the strange and fascinating world of random walks. Find out how you can use them as models for the price movement of financial assets such as stocks.

Use calculus to analyse random walks so that you can get going on the classic maths for option pricing.