Quantitative strategies for achieving alpha

Book Cover
Average Rating
Publisher:
McGraw Hill,
Pub. Date:
c2009.
Language:
English
Description

Alpha, higher-than-expected returns generated by an investment strategy, is the holy grail of the investment world. Achieve alpha, and you've beaten the market on a risk-adjusted basis.Quantitative Strategies for Achieving Alpha was borne from equity analyst Richard Tortoriello's efforts to create a series of quantitative stock selection models for his company, Standard & Poor's, and produce a “road map” of the market from a quantitative point of view.

With this practical guide, you will gain an effective instrument that can be used to improve your investment process, whether you invest qualitatively, quantitatively, or seek to combine both. Each alpha-achieving strategy has been extensively back-tested using Standard & Poor's Compustat Point in Time database and has proven to deliver alpha over the long term.Quantitative Strategies for Achieving Alpha presents a wide variety of individual and combined investment strategies that consistently predict above-market returns. The result is a comprehensive investment mosaic that illustrates clearly those qualities and characteristics that make an investment attractive or unattractive. This valuable work contains:

  • A wide variety of investment strategies built around the seven basics that drive future stock market returns: profitability, valuation, cash flow generation, growth, capital allocation, price momentum, and red flags (risk)
  • A building-block approach to quantitative analysis based on 42 single-factor and nearly 70 two- and three-factor backtests, which show the investor how to effectively combine individual factors into robust investment screens and models
  • More than 20 proven investment screens for generating winning investment ideas
  • Suggestions for using quantitative strategies to manage risk and for structuring your own quantitative portfolios
  • Advice on using quantitative principles to do qualitative investment research, including sample spreadsheets

This powerful, data intensive book will help you clearly see what empirically drives the market, while providing the tools to make more profitable investment decisions based on that knowledge--through both bull and bear markets.

More Details
Contributors:
ISBN:
9780071549851
Also in this Series
More Like This
Reviews from GoodReads
Loading GoodReads Reviews.
Staff View

Grouping Information

Grouped Work ID 768b5d4c-aa88-6875-1c62-e3bb370cc78f
full_title quantitative strategies for achieving alpha
author tortoriello richard
grouping_category book
lastUpdate 2017-06-24 11:03:56AM

Solr Details

_version_ 1571375596234080256
accelerated_reader_interest_level
accelerated_reader_point_value 0
accelerated_reader_reading_level 0
author Tortoriello, Richard.
author-letter Tortoriello, Richard.
author2 NetLibrary, Inc.
author2-role NetLibrary, Inc.
author_additional Richard Tortoriello.
author_display Tortoriello, Richard
availability_toggle_arlington Available Now, Available Online, Entire Collection
callnumber-a HG4529
callnumber-first H - Social Science
callnumber-subject HG - Finance
days_since_added 2734
detailed_location_arlington EBSCOhost
display_description
econtent_protection_type_arlington external
econtent_source_arlington EBSCOhost
format_arlington eBook
format_boost 10
format_category_arlington eBook
grouping_category book
id 768b5d4c-aa88-6875-1c62-e3bb370cc78f
isbn 9780071549851
item_details external_econtent:ils:.b1323450x||EBSCOhost|Online|eBook|eBook|1|false|true|EBSCOhost||http://www.netlibrary.com.library.access.arlingtonva.us/urlapi.asp?action=summary&v=1&bookid=246917||Available Online||q||
itype_arlington eCollection
language English
language_boost 10
language_boost_es 1
lexile_code
lexile_score -1
lib_boost_arlington 50
literary_form Other
literary_form_full Other
local_callnumber_arlington Online
local_callnumber_exact_arlington Online
local_callnumber_left_arlington Online
local_days_since_added_arlington 2734
num_holdings 0
oclc (OCoLC)294848032
owning_library_arlington Arlington Public Library Online, Aurora Hills Online, Central Online, Cherrydale Online, Columbia Pike Online, Connection Crystal City Online, Detention Center Online, Glencarlyn Online, Local History Online, Plaza Online, Shirlington Online, Westover Online
physical xiii, 466 p. : ill. ; 25 cm.
popularity 0
primary_isbn 9780071549851
publishDate 2009
publishDateSort 2009
publisher McGraw Hill,
rating 2.5
rating_facet oneStar, twoStar
record_details external_econtent:ils:.b1323450x|eBook|eBook||English|McGraw Hill,|c2009.|xiii, 466 p. : ill. ; 25 cm.
recordtype grouped_work
scope_has_related_records a, arlington, c, d, g, h, o, p, s, u, v, w
scoping_details_arlington external_econtent:ils:.b1323450x||Available Online|Available Online|false|true|false|false|false|true|||
series McGraw-Hill finance & investing
series2 McGraw-Hill finance & investing
series_with_volume McGraw-Hill finance & investing
table_of_contents Introduction : in search of alpha -- Methodology -- The day-to-day drivers of stock market returns -- Profitability -- Valuation -- Cash flow -- Growth -- Capital allocation -- Price momentum -- Red flags -- Collected wisdom -- Combining the factors -- Integrating the stratetgies into your investment approach.
target_audience Other
target_audience_full Other
title Quantitative strategies for achieving alpha
title_display Quantitative strategies for achieving alpha
title_full Quantitative strategies for achieving alpha [electronic resource] / Richard Tortoriello
title_short Quantitative strategies for achieving alpha
title_sort quantitative strategies for achieving alpha