The Gumbel copula is a popular tool for modeling dependencies between variables, particularly in the context of financial modeling where extreme events (tail dependencies) are of interest. This copula belongs to the Archimedean family and is characterized by its ability…
Accumulation/Distribution (A/D) Analysis is a technical indicator used in financial markets to assess the relationship between stock prices and trading volume. It helps determine whether a stock is being accumulated (bought) or distributed (sold). The indicator calculates the “money flow”…
The prototyping stage forms an integral component of the financial modeler’s approach and is even more apparent in sophisticated environments like mergers, acquisitions or even capital budgeting. The focus of this stage is on the preparation of a first basic…
