Home | Amazing | Today | Tags | Publishers | Years | Account | Search 
Optimal Portfolio Modeling, CD-ROM includes Models Using Excel and R: Models to Maximize Returns and Control Risk in Excel and R (Wiley Trading)

Buy

it takes more than just precise timing and picking the right stocks to achieve exceptional results in today's markets. In order to capture consistent success, you need to strike the right balance between position sizing and risk management.

Nobody understands this better than author Philip McDonnell, and with Optimal Portfolio Modeling, he looks to share his extensive experiences in this field with you. As a thirty-year trading veteran, McDonnell knows what it takes to make it in a variety of markets, and now, by focusing on the relatively unexplored realm of money management and portfolio modeling, he'll show you how to do the same.

Optimal Portfolio Modeling is an easily accessible introduction to portfolio modeling for those who prefer an intuitive approach to this discipline. While early chapters provide engaging insights on the statistical properties of markets, this book quickly moves on to illustrate invaluable trading and risk control models based on popular programs such as Excel and the statistical modeling language R.Through both empirical and statistical techniques, this reliable resource presents modeling formulas that will allow you to maxi-mize the performance, minimize the drawdown, and manage the risk of your portfolio.

Specific issues explored throughout these pages include:

  • Modeling market microstructure randomness

  • The distribution of price changes—from the Reflection Principle to choosing between empirical distributions and theoretical distributions

  • Modeling risk management and debunking stop-loss myths

  • The salient properties of a good utility model and its importance in optimal long-term growth of capital at the portfolio level

  • Proper backtesting for portfolio models

  • Plus much more

And through the book's companion CD-ROM—which skillfully parallels the information presented in the text and contains numerous program examples written in either Excel or R—you'll continue to cultivate your trading skills by learning how to use the tools that will allow you to develop distinct models.

As more smart money chases market returns, individual and professional traders need to take a more mathematical and statistically accurate approach to trading. Optimal Portfolio Modeling will show you how to do this, and much more, as you strive to achieve your personal investment objectives.

About the Author

Philip J. Mcdonnell is a trader and software/trading methodologies developer who has created proprietary data collection and analysis tools for real-time analysis of market direction and stock selection, with an emphasis on options analysis. He has handled network operations for a venture capital incubator, The Inception Group, and developed and sold options analysis software packages. McDonnell served as a research assistant at the University of California, Berkeley, School of Business, under Victor Niederhoffer. He holds degrees in mathematics and computer science from the University of California, Berkeley.

(HTML tags aren't allowed.)

Skin: The Complete Guide to Digitally Lighting, Photographing, and Retouching Faces and Bodies
Skin: The Complete Guide to Digitally Lighting, Photographing, and Retouching Faces and Bodies

Revised and thoroughly updated, this practical guide to photographing people is better than ever!

What is the color of skin? You may think you know, until you enter the world of digital photography and try to reproduce what you see. Differences in software, lighting, computer calibration—everything has an impact on...

Traditional Ecological Knowledge and Natural Resource Management
Traditional Ecological Knowledge and Natural Resource Management
From before the time Raven stole the sun and shed light on the world below, the Gitxaa/la people have lived in their territories along the north coast of British Columbia. Gitxaa/la laws (Ayaawk) and history (Adaawk) describe in precise detail the relationships of trust, honor, and respect that are appropriate for the well-being and continuance of...
Mathematical Foundations of Computer Networking (Addison-Wesley Professional Computing Series)
Mathematical Foundations of Computer Networking (Addison-Wesley Professional Computing Series)

 

Graduate students, researchers, and professionals in the field of computer networking often require a firm conceptual understanding of its theoretical foundations. Knowledge of optimization, information theory, game theory, control theory, and queueing theory is assumed by research papers in the
...

React: Up & Running: Building Web Applications
React: Up & Running: Building Web Applications
Hit the ground running with React, the open-source technology from Facebook for building rich web applications fast. With this practical guide, Facebook web developer Stoyan Stefanov teaches you how to build components--React's basic building blocks--and organize them into maintainable, large-scale apps. If you're familiar with...
Pragmatic Version Control Using CVS
Pragmatic Version Control Using CVS
This book is a recipe-based approach to using the CVS Version Control system that will get you up and running quickly--and correctly. All projects need version control: it's a foundational piece of any project's infrastructure. Yet half of all project teams in the U.S. don't use any version control at all. Many others don't use it well, and end...
Practical Unix & Internet Security, Second Edition
Practical Unix & Internet Security, Second Edition
This book is a practical guide to UNIX security. For users, we explain what computer security is, describe some of the dangers that you may face, and tell you how to keep your data safe and sound. For administrators, we explain in greater detail how UNIX security mechanisms work and tell how to configure and administer your computer for maximum...
©2020 LearnIT (support@pdfchm.net) - Privacy Policy