Book description
In Principles of Quantitative Equity Investing, pioneering financial researcher Dr. Sugata Ray demonstrates how to invest successfully in US equities with quantitative strategies, using rigorous rule sets to decide when and what to trade.
Whether you’re a serious investor, professional advisor, or student of finance, Ray will help you determine the optimal quantitative rules for your investing objectives, and then "backtest" their performance through any historical time period. He demonstrates each key technique using state-of-the-art Equities Lab software — and this book comes with 20 weeks of free access to Equities Lab, plus a discount on its purchase.
Ray covers key topics including stock screening, portfolio rebalancing, market timing, returns and dividends, benchmarks, bespoke measures, and more. He also presents a series of powerful screens built by many of the world’s most successful investors.
Together, this guidebook and software combine to offer a turnkey solution for creating virtually any quantitative strategy, and then accurately estimating its performance and risk characteristics — helping you systematically maximize your profits and control your risk.
Table of contents
- About This eBook
- Title Page
- Copyrigth Page
- Dedication Page
- Contents
- Acknowledgments
- About the Author
-
Preface
- What This Book Is About (and Not About) and Who It Is For (and Not For)
- Concrete Scenarios of Readers Who Would Find This Book Useful
- Individual Investors Who Are Relatively New to Investing
- Individual Investors Who Have Invested in Equities Before But Are Not Professionals or Semiprofessionals at Investing
- Involuntary Investors Who Receive a Cash Windfall
- Investors and Investment Advisors Who Invest Mainly in Mutual Funds and ETFs
- Investors and Investment Advisors Who Invest in Individual Stock Picks
- Investors and Investment Advisors Who Already Have a Quantitative Strategy in Place
- Finally, a Note for Investors Who Have a Legacy Account
- Student Scenarios
- The Finance Student
- The Technical Student
- Bon Voyage
- Endnotes
- 1. Overview of Quantitative Investing
- 2. What You Need to Start Investing Using Quantitative Techniques
- 3. Creating a Screen—The Nuts and Bolts of Choosing a Quantitative Investing Strategy
- 4. For the Deeper Divers among Us: How to Use Quantitative Strategies to Enhance Fundamental Valuations
- 5. Market Timing—Getting In and Out at the Right Time
- 6. Technical Analysis for Quants
- 7. How to Measure Performance
- 8. Rebalancing—Why, How, and How Often
- 9. Weights—Equal or Otherwise
- 10. Some Powerful Screens
- 11. Where to Get Ideas for New Screens
- 12. Troubleshooting
- 13. Behavioral Biases Avoided by Investing Quantitatively
- 14. How Do You Actually Make Money Now? A Brief Guide to Implementation
- 15. Alternative Tools for Quantitative Investing
- 16. Why Does Quantitative Investing Work?
- 17. Quantitative Investing in the Markets Today
- 18. Godspeed
- Bibliography
- Index
Product information
- Title: Principles of Quantitative Equity Investing: A Complete Guide to Creating, Evaluating, and Implementing Trading Strategies
- Author(s):
- Release date: June 2015
- Publisher(s): Pearson
- ISBN: 9780134193403
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