Erscheinungsdatum: 08.05.2018, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: Exploiting Investor Sentiment for Portfolio Optimization, Autor: Banholzer, Nicolas, Verlag: GRIN Verlag, Sprache: Englisch, Rubrik: Mathematik // Wahrscheinlichkeitstheorie, Seiten: 120, Informationen: Paperback, Gewicht: 184 gr, Verkäufer: averdo
Exploiting Investor Sentiment for Portfolio Optimization ab 44.99 € als Taschenbuch: Magisterarbeit. Aus dem Bereich: Bücher, Wissenschaft, Mathematik,
Exploiting Investor Sentiment for Portfolio Optimization ab 34.99 € als pdf eBook: . Aus dem Bereich: eBooks, Fachthemen & Wissenschaft, Mathematik,
In 1956 two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein's. The other was John L. Kelly Jr., a Texas-born gun-toting physicist. Together they applied the science of information theory - the basis of computers and the Internet - to the problem of making as much money as possible as fast as possible. Shannon and MIT mathematician Edward O. Thorp took the "Kelly formula" to Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider's edge. Shannon believed it was possible for a smart investor to beat the market - and Fortune's Formula will convince you that he was right. PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio. 1. Language: English. Narrator: Jeremy Arthur. Audio sample: http://samples.audible.de/bk/aren/002577/bk_aren_002577_sample.mp3. Digital audiobook in aax.
Learn about Arbitrage with iMinds Money's insightful fast knowledge series. Arbitrage is defined as attempting to profit by exploiting price differences of identical or similar financial instruments between two or more markets. The difference between the two market prices is the profit or spread. The term is usually used to describe transaction involving financial instruments such as stock, bonds, commodities, currencies and derivatives. A person or institution that practices arbitrage is known as an arbitrageur. When used academically, arbitrage refers to transactions in which there is no negative cash flow at any stage, and at least one state where there is a positive cash flow. Put simply, it is the prospect of making a profit without any risk or cost for the investor. However, when the term is used in real world situations, it may refer to the expected profit, as there is always some risk and execution time involved in arbitrage transactions. While the concept is risk free in theory, the complexity and volatility of real world markets make the process more perilous than it initially sounds. iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.iMinds unique fast-learning modules as seen in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others.. the future of general knowledge acquisition. 1. Language: English. Narrator: Emily Sophie Knapp. Audio sample: http://samples.audible.de/bk/imnd/000234/bk_imnd_000234_sample.mp3. Digital audiobook in aax.
Exploiting Investor Sentiment for Portfolio Optimization ab 44.99 EURO Magisterarbeit
Exploiting Investor Sentiment for Portfolio Optimization ab 34.99 EURO
Master's Thesis from the year 2018 in the subject Statistics, grade: 1.0, University of Augsburg (Wirtschaftswissenschaftliche Fakultät, Lehrstuhl für Statistik), language: English, abstract: In efficient financial markets, there is no room for sentimental investors. Any new information would be immediately absorbed and any mispricing immediately corrected by the forces of rational arbitrageurs doing the maths with the fundamentals. But why should financial markets be different from any other market where humans interact and are subject to psychological biases? There is strong empirical evidence that investor sentiment, broadly defined as 'a belief about future cash flows and investment risks that is not justified by the facts at hand', plays an important role in financial markets. It can lead to significant overpricing/underpricing, particularly of assets prone to subjective valuations. With limits/risks to arbitrage in the short term, prices rather correct over the medium to long term as sentimental beliefs mean-revert. Building on the studies by Baker and Wurgler 2006 and Baker, Wurgler, and Y. Yuan 2012, measures of investor sentiment for international markets are constructed. Using the Copula Opinion Pooling approach developed by Attilio Meucci, this thesis shows how to incorporate these sentiment measures into portfolio optimization. Thereby, a sentiment-based trading strategy that exploits the medium-term reversal effect of sentiment is developed and empirically tested. The results are promising as they provide strong evidence that sentiment contains beneficial information that should not be neglected by quantitative portfolio managers.
The ultimate guide to assessing and exploiting the customer value and revenue potential of the Cloud A new business model is sweeping the world--the Cloud. And, as with any new technology, there is a great deal of fear, uncertainty, and doubt surrounding cloud computing. Cloudonomics radically upends the conventional wisdom, clearly explains the underlying principles and illustrates through understandable examples how Cloud computing can create compelling value--whether you are a customer, a provider, a strategist, or an investor. Cloudonomics covers everything you need to consider for the delivery of business solutions, opportunities, and customer satisfaction through the Cloud, so you can understand it--and put it to work for your business. Cloudonomics also delivers insight into when to avoid the cloud, and why. * Quantifies how customers, users, and cloud providers can collaborate to create win-wins * Reveals how to use the Laws of Cloudonomics to define strategy and guide implementation * Explains the probable evolution of cloud businesses and ecosystems * Demolishes the conventional wisdom on cloud usage, IT spend, community clouds, and the enterprise-provider cloud balance Whether you're ready for it or not, Cloud computing is here to stay. Cloudonomics provides deep insights into the business value of the Cloud for executives, practitioners, and strategists in virtually any industry--not just technology executives but also those in the marketing, operations, economics, venture capital, and financial fields.