Financial Lab Analyzer
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Date
2019
Authors
Ibsias, Medhat
Jian, Yazan
Journal Title
Journal ISSN
Volume Title
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Abstract
Decreasing the risk degree we face in making decisions in our life is one of the most
important goals we all aspire to reach. In this project, we believe that a step toward this
goal is coming true. SRA (Systemic Risk Analysis) is basically an application which
provides real time measurement, modeling and forecasting of financial volatility and
correlations for a wide spectrum of assets.
Using the tools of modern finance and risk management, it is possible to measure and
model different types of risks and make a useful analysis of the online and up to date data
we get from (stock market), such as, Volatility Analysis, Correlation Analysis, Liquidity
Analysis.
In order to develop this project in an efficient way, some steps need to be done.
Collecting up to date data by connecting directly to PEX (Palestine Exchange) using
specific APIs will be one of the very first steps we need in the developing process.
Another source of data we need can be extracted form annual reports using a specific
application. For statistical computing and graphics we will use statistical software such as
R and MATLAB. Users will be able to get the maximum benefit by using the results
uploaded to our website.
This type of applications is not common in Mena region. There is similar, under
development application in the USA but it only provides studies and analysis for western
market.