Equity Market
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The Handbook of Equity Market Anomalies $75 Investment pioneer Len Zacks presents the latest academic research on how to beat the market using equity anomalies The Handbook of Equity Market Anomalies organizes and summarizes research carried out by hundreds of finance and accounting professors over the last twenty years to identify and measure equity market inefficiencies and provides self-directed individual investors with a framework for incorporating the results of this research into their own investment processes. Edited by Len Zacks, CEO of Zacks Investment Research, and written by leading professors who have performed groundbreaking research on specific anomalies, this book succinctly summarizes the most important anomalies that savvy investors have used for decades to beat the market. Some of the anomalies addressed include the accrual anomaly, net stock anomalies, fundamental anomalies, estimate revisions, changes in and levels of broker recommendations, earnings-per-share surprises, insider trading, price momentum and technical analysis, value and size anomalies, and several seasonal anomalies. This reliable resource also provides insights on how to best use the various anomalies in both market neutral and in long investor portfolios. A treasure trove of investment research and wisdom, the book will save you literally thousands of hours by distilling the essence of twenty years of academic research into eleven clear chapters and providing the framework and conviction to develop market-beating strategies. Strips the academic jargon from the research and highlights the actual returns generated by the anomalies, and documented in the academic literature Provides a theoretical framework within which to understand the concepts of risk adjusted returns and market inefficiencies Anomalies are selected by Len Zacks, a pioneer in the field of investing As the founder of Zacks Investment Research, Len Zacks pioneered the concept of the earnings-per-share surprise in 1982 and developed the Zacks Rank, one of the first anomaly-based stock selection tools. Today, his firm manages U.S. equities for individual and institutional investors and provides investment software and investment data to all types of investors. Now, with his new book, he shows you what it takes to build a quant process to outperform an index based on academically documented market inefficiencies and anomalies. |
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Financial Modeling of the Equity Market $95 An inside look at modern approaches to modeling equity portfolios Financial Modeling of the Equity Market is the most comprehensive, up-to-date guide to modeling equity portfolios. The book is intended for a wide range of quantitative analysts, practitioners, and students of finance. Without sacrificing mathematical rigor, it presents arguments in a concise and clear style with a wealth of real-world examples and practical simulations. This book presents all the major approaches to single-period return analysis, including modeling, estimation, and optimization issues. It covers both static and dynamic factor analysis, regime shifts, long-run modeling, and cointegration. Estimation issues, including dimensionality reduction, Bayesian estimates, the Black-Litterman model, and random coefficient models, are also covered in depth. Important advances in transaction cost measurement and modeling, robust optimization, and recent developments in optimization with higher moments are also discussed. Sergio M. Focardi (Paris, France) is a founding partner of the Paris-based consulting firm, The Intertek Group. He is a member of the editorial board of the Journal of Portfolio Management. He is also the author of numerous articles and books on financial modeling. Petter N. Kolm, PhD (New Haven, CT and New York, NY), is a graduate student in finance at the Yale School of Management and a financial consultant in New York City. Previously, he worked in the Quantitative Strategies Group of Goldman Sachs Asset Management, where he developed quantitative investment models and strategies. |
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Privatization and Equity $200 Privatization raises problems of equity, can lead to greater inequality and changes in market structure. These issues are explored across a broad range of countries by contributors who have a wide experience of privatization. |
Why is inflation positive for the equity/stock market?
I hear people saying how QE2/inflation is good, at least in the short-term, for the equity market. Why?
QE2 and inflation are not the same thing.
In general, QE2 is an attempt by the FED to do one to three things (depending on who is talking and why): Stabilize the financial marketplace, lower interest rates, and/or spark economic growth by restarting an asset growth model/bubble.
That last bit is obviously the stock market and very good for stock prices in the short terms. Lower interest rates and stable Financial Markets also have a long history of being good for stock prices.
In industry speak: Cheap money drives demand to risk. In the language of regular folks, if I can borrow at 0.25% and lend at 5% I have a profitable business. If I can borrow at 0.25% and make 25% in the stock market, you have a money making machine.
Stocks Rise as Bernanke Signals Economy Doesn't Need Aid
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Stock Market Abstract Background - 24W x 15H - Peel and Stick Wall Decal by Wallmonkeys $33.99 WallMonkeys wall graphics are printed on the highest quality re-positionable, self-adhesive fabric paper. Each order is printed in-house and on-demand. WallMonkeys uses premium materials & state-of-the-art production technologies. Our white fabric material is superior to vinyl decals. You can literally see and feel the difference. Our wall graphics apply in minutes and won't damage your paint or l... |
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2007 Global Conference - 2007 The Year of Private Equity? $29.95 Four of the world's leading private equity executives -- Leon Black of Apollo Advisors LP, David Bonderman of Texas Pacific Group, Thomas Lee of Thomas H. Lee Capital LLC and David Rubenstein of The Carlyle Group -- talk with CNBC's Maria Bartiromo at the 2007 Milken Institute Global Conference about the future of private equity, capital markets, debt, going public and newly proposed regulations t... |
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Equities $39.98 Do you need help interpreting key technical indicators and feel you have nowhere to turn? If that's the case, then this video is a must addition to your reference shelf. Peter Martin, senior technical analyst for Prudential Equity Group covers what the leading technical indicators are, how his firm uses them in analyzing both broad market movements and individual stock prospects and how he helps... |

