Undergraduate Mathematics Students

Friday Sep 12, 2008

SUM Series: Mathematics and Pizza!



Come enjoy pizza while you listen to this week's SUM Series talk!

Financial risk in the "real" world
Albert Hopping (Progress Energy)
Thursday, September 18, 2008
3:00--3:50 p.m.
Harrelson 330

Value at Risk (VaR) is a benchmark for financial risk, but what does it mean and how do we find it? We?ll discuss commodities and their financial risk with a focus on energy markets. We?ll also look at the practical issues behind calculating VaR for multiple commodities. Depending on audience questions, topics discussed may include forward markets, futures markets, options, implied volatility, Black-Scholes model, Delta, the energy industry in general, GBM, correlations, credit risk, margin accounts, MATLAB, Excel, and statistical distributions.



Check out the SUM Series website for more information on the SUM Series.

Upcoming topics include:

Ranking sports teams with Google's PageRank.
Making the grad school decision.
The mathematics of voting.
An ancient algorithm for settling debts.
Math movie nite (afternoon)



TELL YOUR FRIENDS!

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