Modeling, Pricing, and Implementing Commodity Derivatives with R. Statistics in Practice

Over the last decade, commodities have moved out of the financial market shadows into the investment mainstream.  This hands–on book details how to actively test data in real time, aids in the understanding of how these results impact modeling decisions, and explains how to analyze and implement up–to–date models in the R environment. Extensive use of built–in R modules and the development of new R functions built on top of existing functions provide empirical finance and econometric practitioners with a deeper understanding of real data implications versus the stylized facts in the market.