QUANTITATIVE VALUE

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Quantitative Value

Author : Wesley R. Gray
ISBN : 9781118416556
Genre : Business & Economics
File Size : 22.28 MB
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A must-read book on the quantitative value investmentstrategy Warren Buffett and Ed Thorp represent two spectrums ofinvesting: one value driven, one quantitative. Where they align isin their belief that the market is beatable. This book seeks totake the best aspects of value investing and quantitative investingas disciplines and apply them to a completely unique approach tostock selection. Such an approach has several advantages over purevalue or pure quantitative investing. This new investing strategyframed by the book is known as quantitative value, a superior,market-beating method to investing in stocks. Quantitative Value provides practical insights into aninvestment strategy that links the fundamental value investingphilosophy of Warren Buffett with the quantitative value approachof Ed Thorp. It skillfully combines the best of Buffett and EdThorp—weaving their investment philosophies into a winning,market-beating investment strategy. First book to outline quantitative value strategies as they arepracticed by actual market practitioners of the discipline Melds the probabilities and statistics used by quants such asEd Thorp with the fundamental approaches to value investing aspracticed by Warren Buffett and other leading value investors A companion Website contains supplementary material that allowsyou to learn in a hands-on fashion long after closing the book If you're looking to make the most of your time in today'smarkets, look no further than Quantitative Value.
Category: Business & Economics

Quantitative Value Web Site

Author : Tobias Carlisle
ISBN : OCLC:1105796024
Genre : Business enterprises
File Size : 29.28 MB
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A must-read book on the quantitative value investment strategy Legendary investment gurus Warren Buffett and Ed Thorp represent different ends of the investing spectrum: one a value investor, the other a quant. While Buffett and Thorp have conflicting philosophical approaches, they agree that the market is beatable. In Quantitative Value, Wesley Gray and Tobias Carlisle take the best aspects from the disciplines of value investing and quantitative investing and apply them to a completely unique and winning approach to stock selection. As the authors explain, the quantitative value strategy offers a superior way to invest: capture the benefits of a value investing philosophy without the behavioral errors associated with "stock picking." To demystify their innovative approach, Gray and Carlisle outline the framework for quantitative value investing, including the four key elements the investment process: 1) How to avoid stocks that can cause a permanent loss of capital: Learn how to uncover financial statement manipulation, fraud, and financial distress. 2) How to find stocks with the highest quality: Learn how to find strong economic franchises, and robust financial strength. Gray and Carlisle look at long term returns on capital and assets, free cash flow, and a variety of metrics related to margins and general financial strength. 3) The secret to finding deeply undervalued stocks: Does the price-to-earnings ratio find undervalued stocks better than free cash flow? Gray and Carlisle examine the historical data on over 50 valuation ratios, including some unusual metrics, rare multi-year averages, and uncommon combinations. 4) The five signals sent by smart money: The book uncovers the signals sent by insiders, short sellers, shareholder activists and institutional investment managers. After detailing the quantitative value investment process, Gray and Carlisle conduct a historical test of the resulting quantitative value model. Their conclusions are surprising and counter-intuitive. The book includes a companion website that offers a monthly-updated screening tool to find stocks using the model outlined in the book, an updated back-testing tool, and a blog about recent developments in quantitative value investing. For any investor who wants to make the most of their time in today's complex marketplace, they should look no further than Quantitative Value.
Category: Business enterprises

Quantitative Models For Value Based Supply Chain Management

Author : Marcus Brandenburg
ISBN : 9783642313042
Genre : Business & Economics
File Size : 43.87 MB
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​​​​​​​Supply chain management (SCM) strives for creating competitive advantage and value for customers by integrating business processes from end users through original suppliers. However, the question of how SCM influences the value of a firm is not fully answered. Various conceptual frameworks that explain the coherence of SCM and company value, comprehended as value-based SCM, are well accepted in scientific research, but quantitative approaches to value-based SCM are found rather seldom. The book contributes to this research gap by proposing quantitative models that allow for assessing influences of SCM on the value of a firm. Opposed to existing models that limit the observation to chosen facets of SCM or selected value drivers, this holistic approach is adequate to • reflect configurational and operational aspects of SCM, • cover all phases of the product life cycle, • financially compare value impacts of profitability-related and asset-related value drivers, and • assess influences of dynamics and uncertainties on company value.​
Category: Business & Economics

Quantitative Momentum

Author : Wesley R. Gray
ISBN : 9781119237198
Genre : Business & Economics
File Size : 88.97 MB
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The individual investor's comprehensive guide to momentum investing Quantitative Momentum brings momentum investing out of Wall Street and into the hands of individual investors. In his last book, Quantitative Value, author Wes Gray brought systematic value strategy from the hedge funds to the masses; in this book, he does the same for momentum investing, the system that has been shown to beat the market and regularly enriches the coffers of Wall Street's most sophisticated investors. First, you'll learn what momentum investing is not: it's not 'growth' investing, nor is it an esoteric academic concept. You may have seen it used for asset allocation, but this book details the ways in which momentum stands on its own as a stock selection strategy, and gives you the expert insight you need to make it work for you. You'll dig into its behavioral psychology roots, and discover the key tactics that are bringing both institutional and individual investors flocking into the momentum fold. Systematic investment strategies always seem to look good on paper, but many fall down in practice. Momentum investing is one of the few systematic strategies with legs, withstanding the test of time and the rigor of academic investigation. This book provides invaluable guidance on constructing your own momentum strategy from the ground up. Learn what momentum is and is not Discover how momentum can beat the market Take momentum beyond asset allocation into stock selection Access the tools that ease DIY implementation The large Wall Street hedge funds tend to portray themselves as the sophisticated elite, but momentum investing allows you to 'borrow' one of their top strategies to enrich your own portfolio. Quantitative Momentum is the individual investor's guide to boosting market success with a robust momentum strategy.
Category: Business & Economics

Ontocape

Author : Wolfgang Marquardt
ISBN : 9783642046551
Genre : Science
File Size : 47.30 MB
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Motivation for this Book Ontologies have received increasing attention over the last two decades. Their roots can be traced back to the ancient philosophers, who were interested in a c- ceptualization of the world. In the more recent past, ontologies and ontological engineering have evolved in computer science, building on various roots such as logics, knowledge representation, information modeling and management, and (knowledge-based) information systems. Most recently, largely driven by the next generation internet, the so-called Semantic Web, ontological software engineering has developed into a scientific field of its own, which puts particular emphasis on the theoretical foundations of representation and reasoning, and on the methods and tools required for building ontology-based software applications in diverse domains. Though this field is largely dominated by computer science, close re- tionships have been established with its diverse areas of application, where - searchers are interested in exploiting the results of ontological software engine- ing, particularly to build large knowledge-intensive applications at high productivity and low maintenance effort. Consequently, a large number of scientific papers and monographs have been p- lished in the very recent past dealing with the theory and practice of ontological software engineering. So far, the majority of those books are dedicated to the th- retical foundations of ontologies, including philosophical treatises and their re- tionships to established methods in information systems and ontological software engineering.
Category: Science

Quantitative Methods For Business Decisions

Author : Jon Curwin
ISBN : 1844805743
Genre : Business mathematics
File Size : 50.79 MB
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Using a rigorous exercise-based approach, this title provides in-depth guidance on how to apply to most widely-used statistical methods in business. Each chapter focuses on a selection of statistical techniques, illustrated with examples from across business, marketing, economics, accounting, finance and public administration.
Category: Business mathematics

Management Of Value

Author : Office of Government Commerce
ISBN : 0113312768
Genre : Business & Economics
File Size : 74.55 MB
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This guide provides clear and unambiguous guidance to value management. It is the first cross-sector and universally-applicable guidance on how to maximise value in a way that takes account of an organisation's priorities, differing stakeholder needs and, at the same time, the use of resources as efficiently and effectively as possible. It is the basis for a qualification scheme, initially an APM Group Foundation level examination. It meets the requirements of all the markets it addresses (namely the PPM market with information for Senior Management), identifies the attributes, processes, techniques and benefits of value management and encourages the delivery of Value for Money; is applicable generally across all project environments and compatible with OGC's core portfolio, programme, project and risk management (P3RM) guidance
Category: Business & Economics

Ai 2003 Advances In Artificial Intelligence

Author : Tamas D. Gedeon
ISBN : 9783540245810
Genre : Computers
File Size : 57.45 MB
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Consider the problem of a robot (algorithm, learning mechanism) moving along the real line attempting to locate a particular point ? . To assist the me- anism, we assume that it can communicate with an Environment (“Oracle”) which guides it with information regarding the direction in which it should go. If the Environment is deterministic the problem is the “Deterministic Point - cation Problem” which has been studied rather thoroughly [1]. In its pioneering version [1] the problem was presented in the setting that the Environment could charge the robot a cost which was proportional to the distance it was from the point sought for. The question of having multiple communicating robots locate a point on the line has also been studied [1, 2]. In the stochastic version of this problem, we consider the scenario when the learning mechanism attempts to locate a point in an interval with stochastic (i. e. , possibly erroneous) instead of deterministic responses from the environment. Thus when it should really be moving to the “right” it may be advised to move to the “left” and vice versa. Apart from the problem being of importance in its own right, the stoch- tic pointlocationproblemalsohas potentialapplications insolvingoptimization problems. Inmanyoptimizationsolutions–forexampleinimageprocessing,p- tern recognition and neural computing [5, 9, 11, 12, 14, 16, 19], the algorithm worksits wayfromits currentsolutionto the optimalsolutionbasedoninfor- tion that it currentlyhas. A crucialquestionis oneof determining the parameter whichtheoptimizationalgorithmshoulduse.
Category: Computers

Quantitative Methods In Project Management

Author : John C. Goodpasture
ISBN : 1932159150
Genre : Business & Economics
File Size : 85.25 MB
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Quantitative Methods for the Project Manager is for professional project managers who need to know how to make everyday use of numerical analysis. It combines theory and practices and is designed to be easily applied.
Category: Business & Economics

Statistical Methods For Groundwater Monitoring

Author : Robert D. Gibbons
ISBN : 0471587079
Genre : Technology & Engineering
File Size : 82.75 MB
Format : PDF, Kindle
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This book explains the statistical methods used to analyze the huge volume of data that groundwater monitoring wells produce in a comprehensive manner accessible to engineers and scientists who may not have a strong background in statistics. In addition, the book provides statistical methods to make the most accurate use of the data and shows how to set up an effective monitoring system.
Category: Technology & Engineering