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The paper considers company performance measures and the development of the Economic Value Added (EVA) indicator in volatile economies, particularly in the case of the Czech Republic. Methods used for pyramidal analysis, their assumptions, and their application possibilities are discussed. A...
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Estimation of volatility of financial time series plays a crucial role in pricing derivatives. Volatility is often estimated from historical data; however, it is well known that volatility varies in time. We propose a method to choose a suitable length of historical data to estimate contemporary...
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The paper focuses on possibilities of the qualitative risk analysis of a project, which appears scarcely in literature … compared to the more sophisticated techniques of risk analysis, such as simulations. Identified are elementary processes of … risk analysis ranging from the risk identification to the determination of significance of a risk factor by means of …
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and disadvantages. Further results and benefits of application of Monte Carlo simulation in risk analysis of investment …
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