Measuring and modeling financial volatility is the key to derivative pricing, asset allocation and risk management. The recent availability of high-frequency data allows for refined methods in this field. In particular, more precise measures for the daily or lower frequency volatility can be...

The purpose of this work is to introduce one of the most promising among recentlydeveloped statistical techniques – the support vector machine (SVM) –to corporate bankruptcy analysis. An SVM is implemented for analysing suchpredictors as financial ratios. A method of adapting it to default...