Decision Making with Quantitative Financial Market Data

Applications, Precautions and Pitfalls
1. Auflage 2021
ISBN: 978-3-030-67579-0
Verlag: Springer International Publishing

Buch, Englisch, 61 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 125 g

Reihe: SpringerBriefs in Operations Research

Use of quantitative data, especially in financial markets, may provide rapid results due to the ease-of-use and availability of fast computational software, but this book advises caution and helps to understand and avoid potential pitfalls.
It deals with often underestimated issues related to the use of financial quantitative data, such as non-stationarity issues, accuracy issues and modeling issues. It provides practical remedies or ways to develop new calculation methodologies to avoid pitfalls in using data, as well as solutions for risk management issues in financial market.

The book is intended to help professionals in financial industry to use quantitative data in a safer way.

Zielgruppe

Professional/practitioner

Autoren/Hrsg.

Ruttiens, Alain

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensforschung
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte
• Wirtschaftswissenschaften Betriebswirtschaft Management Entscheidungsfindung
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement

Inhaltsverzeichnis

1. Basic Notions.- 2. A Major Problem in Using Time Series of Data: the Stationarity.- 3. Another Major Problem in Using Time Series of Data: The Accuracy of the Statistical Measures.- 4. Issues About Modeling.- 5. Financial Data: Some Risk Management Issues.- 6.Synthesis.

Über Autor(innen)

Alain Ruttiens is a former banker who has worked with major banks, beginning his career with Banque Indosuez (Belgium) and ending it as director of the Financial Engineering Department at CBC Banque (Brussels, an affiliate of KBC Bank). He is the founding partner of NEURON sàrl (Luxembourg), a consulting firm specialized in financial markets and funds management. He is also an Affiliate Professor at the Ecole Supérieure de Commerce de Paris (France) and teaches or has taught at several universities and institutions, including the HEC Paris, Sorbonne University of Paris I, the Institut d’Etudes Politiques (Paris), the CSVG (Vietnam) and the Ecole Supérieure des Affaires, Beirut (Lebanon). Alain is the author of several books and research papers.