Finance Essentials

Finance Essentials provides a foundation of financial objects (such as cash flow, option, bond, and interest rates) and functions (such as spot-forward rate conversions, option valuation, and sensitivity measures) and shows you how to apply them effectively. Examples help you easily calculate Markowitz efficient portfolios and compute moving averages.

Using Finance Essentials, you'll quickly learn how to apply the powerful Mathematica environment for all tasks that require accurate numeric, symbolic, and graphical computation. You can also link to datafeeds, databases, spreadsheets, or your own proprietary software. Then dramatically reduce your code development time when you capitalize on Mathematica's high-level programming language. Take advantage of Finance Essentials and Mathematica together to implement new trading concepts and strategies at a pace other software just can't match.

Features

• Interest Rates
• Flat rates
• Term structure of interest rates--spot rates, forward rates, discount factors
• Conversion functions
• Bonds
• Bond payments
• Accrued interest
• Bond valuation
• Risk measures--duration, convexity
• Cash Flows
• Cash flow valuation
• Risk measures--duration, convexity
• Options
• Options valuation
• Risk measures--Delta, Theta, Rho, Lambda, Gamma, elasticity
• Implied volatility
• Finance Calendar Functions
• 30/360 and Actual/Actual Day Count Bases
• Example Applications
• Markowitz efficient frontier
• CAPM
• Betas and security-market line
• Moving averages
• Random number generation