As implied volatility is essential for pricing options, analyzing derivative strategies and measuring risk in investment portfolios containing derivatives, and understanding variations in implied volatility also becomes vital. Aside from a secular trend, volatility clustering and calendar effects are two …

This paper compared the performance of alternative models for estimating Value at Risk (VaR) of four different currencies against the Indian rupee. I examined whether incorporating a volatility estimate capturing the ARCH effects in the normal linear VaR model yielded …

The existing literature is abundant with studies done to understand the risk management practices of multinationals and big business houses. The objectives with which these studies are conducted include understanding the practices, analyzing the hedging techniques adopted, examining the attitude …

The term 'BRIC' is a collection of Brazil, Russia, India, and China: the most promising emerging markets. The global investors at the time of making investments and building portfolios across different countries should consider the interlinkages that exist between the …