[Returnanalytics-commits] r3980 - pkg/Dowd

[noreply at r-forge.r-project.org]

Author: dacharya
Date: 2015-08-20 11:35:02 +0200 (Thu, 20 Aug 2015)
New Revision: 3980

Modified:
   pkg/Dowd/DESCRIPTION
Log:
Details added

Modified: pkg/Dowd/DESCRIPTION
===================================================================
--- pkg/Dowd/DESCRIPTION	2015-08-20 09:33:48 UTC (rev 3979)
+++ pkg/Dowd/DESCRIPTION	2015-08-20 09:35:02 UTC (rev 3980)
@@ -1,16 +1,30 @@
 Package: Dowd
 Type: Package
-Title: R-Version of MMR II Toolbox Offered in Kevin Dowd's Book Measuring Market Risk
+Title: Functions Ported From MMR2 Toolbox Offered in Kevin Dowd's Book 
+          Measuring Market Risk
 Version: 0.1
-Date: 2015-05-24
+Date: 2015-08-20
 Author: Dinesh Acharya <dines.acharya at gmail.com>
 Maintainer: Dinesh Acharya <dines.acharya at gmail.com>
-Description: R-version of MMR2 Toolbox that supplements
-          Kevin Dowd's book Measuring Market Risk.
+Description: Kevin Dowd's book Measuring Market Risk is a widely read book 
+          in the area of risk measurement and is widely used by students and 
+          practitioners alike. As he claims, MATLAB indeed have been most 
+          suitable language when Dowd originally wrote the functions, however,
+          with growing popularity of R and a large user base, this project 
+          should make Dowd's code accessible to more readers. As Dowd's code 
+          was not intended to be error free and were more for reference, some 
+          functions in this package have inherited those errors. An attempt 
+          will be made in future to identify and correct them. Dowd's original 
+          code can be downloaded from . It should be noted that Dowd offers both
+          MMR2 and MMR1 toolboxes. Only MMR2 was ported to R. MMR2 is more 
+          recent version of MMR1 toolbox and they both have mostly similar 
+          function. The toolbox mainly contains different parametric and non 
+	  parametric methods for measurement of market risk as well as 
+	  backtesting risk measurement methods.
 Depends: R (>= 3.0.0), 
           bootstrap,
           MASS,
 	  forecast
 Suggests: PerformanceAnalytics, 
           testthat
-License: GPL
+License: GPL
\ No newline at end of file