The new fama-french model replaces the existing five-factor model. The new five-factor fama-french model includes profitability and investment factors. Profitability factor: Robust minus weak operating profit (RWA )= (SR + BR) / 2 – (SW + BW) / 2 = [(SR – SW) + ( BR – BW)] / 2 Investment factor: Conservative minus aggressive Investment […]
General Working Papers: Arxiv Vixra SSRN (Huge collection) Ideas Econoacademics EconPapers: Very large collection of economics working papers Look at Repec too University wise working paper series: Harvard Working Paper 1 Harvard Business School Working Paper Archive London Business School Working Papers Sloan School of Management Working Papers Index University of Chicago Center for Research in Security Prices (CRSP) […]
I am expecting a long gap from JOB and nothing can be better for me to learn and apply. I am planning to learn, revisit and clarify my mathematical concepts starting with elementary stochastic process. *I really don’t have relevant back ground to give expert advice. This article is purely for my own learning. I […]
Bombay stock exchange is one of the oldest stock exchanges in Asia. Currently, BSE, NSE and some more exchanges which are competing each other for success, clients and liquidity. The way the Indian market has opened up investment opportunities for the world , we can’t deny the role of these stock exchanges.But, one article that has made me think about […]
Source: http://mondediplo.com/IMG/arton6510.png This image chart reveals something unusual. Is the east more sexier for tourist? Asia-pacific region attracts around 22% of global tourists and all the major destinations in the region are marked as sex tourist destination. It makes me believe that Asia is getting sexier :). The most of these places are favorite with Asian. If […]
In a quant (quantitative) fund, an investor manager employs computer-based numeric and mathematical model to select securities. The computer-model determines buy or sell decision for the fund managers, avoiding human intervention. Quantitative model for investment has become widespread with the advent of modern computers and Internet connectivity. The use of complex theories of mathematics to […]
http://www.indianhedgefunds.in/indian-hedge-funds-struggle-through-first-half/ Hedge funds are not performing well this year. Hedge Fund Research Inc.’s HFRX Global Hedge Fund Index was down 1.59% in June. In the first half of 2011, hedge funds averaged a loss of -2.12% Among emerging markets, Brazil and Russia hedge funds fared better, with average return of 1.18% and 1.64% respectively for […]
Industrial output in November grew at its slowest in a year and a half. The 2.7% rise was way below the 11.3% annual growth in the previous month and under the median forecast of 6.6% in a Reuters poll. Disappointing industrial output data was expected to drag market down. However market jumped back to 5860 […]
Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries. It is the most popular hedging instrument againts economy. When bad news starts coming to market, gold price starts increasing. Here is a chart og gold price from Jan 2000 to August […]
Long time back, I was through an interview process. The interviewer gave me a pair of equities to formulate a trading strategy. I worked on it for a week and got a very simple strategy which should work on real market. However, by that time I had completely made my mind to stick to my […]