Mallios Forecasting in Financial and Sports Gambling Markets

Adaptive Drift Modeling
1. Auflage 2011
ISBN: 978-1-118-09953-7
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 264 Seiten, E-Book

A guide to modeling analyses for financial and sports gamblingmarkets, with a focus on major current events
Addressing the highly competitive and risky environments ofcurrent-day financial and sports gambling markets, Forecasting inFinancial and Sports Gambling Markets details the dynamic processof constructing effective forecasting rules based on both graphicalpatterns and adaptive drift modeling (ADM) of cointegrated timeseries. The book uniquely identifies periods of inefficiency thatthese markets oscillate through and develops profitable forecastingmodels that capitalize on irrational behavior exhibited duringthese periods.
Providing valuable insights based on the author's firsthandexperience, this book utilizes simple, yet unique, candlestickcharts to identify optimal time periods in financial markets andoptimal games in sports gambling markets for which forecastingmodels are likely to provide profitable trading and wageringoutcomes. Featuring detailed examples that utilize actual data, thebook addresses various topics that promote financial andmathematical literacy, including:
* Higher order ARMA processes in financial markets
* The effects of gambling shocks in sports gambling markets
* Cointegrated time series with model drift
* Modeling volatility
Throughout the book, interesting real-world applications arepresented, and numerous graphical procedures illustrate favorabletrading and betting opportunities, which are accompanied bymathematical developments in adaptive model forecasting and riskassessment. A related web site features updated reviews in sportsand financial forecasting and various links on the topic.
Forecasting in Financial and Sports Gambling Markets is anexcellent book for courses on financial economics and time seriesanalysis at the upper-undergraduate and graduate levels. The bookis also a valuable reference for researchers and practitionersworking in the areas of retail markets, quant funds, hedge funds,and time series. Also, anyone with a general interest in learningabout how to profit from the financial and sports gambling marketswill find this book to be a valuable resource.

Autoren/Hrsg.

Mallios, William S.

Über Autor(innen)

William S. Mallios, PhD, is a consultant at Mallios and Associates, where he provides professional advisement to various financial, medical, and educational institutions. A Fulbright Senior Specialist, Dr. Mallios served as professor of decision sciences at California State University, Fresno, for more than twenty-five years and has provided consulting services for government organizations, including the Food and Drug Administration and Centers for Disease Control.