DescriptionInvestment Mathematics provides an introductory analysis of investments from a quantitative viewpoint, drawing together many of the tools and techniques required by investment professionals.
Using these techniques, the authors provide simple analyses of a number of securities including fixed interest bonds, equities, index-linked bonds, foreign currency and derivatives. The book concludes with coverage of other applications, including modern portfolio theory, portfolio performance measurement and stochastic investment models.
PART I: SECURITY ANALYSIS.
Equities and Real Estate.
Foreign Currency Investments.
PART II: STATISTICS FOR INVESTMENT.
Describing Investment Data.
Modelling Investment Returns.
Estimating Parameters and Hypothesis Testing.
Measuring and Testing Comovements in Returns.
PART III: APPLICATIONS.
Modern Portfolio Theory and Asset Pricing.
Portfolio Performance Measurement.
Option Pricing Models.
Stochastic Investment Models.
Compound Interest Tables.
Student's t Distribution: Critical Points.
Areas in the Right-hand Tail of the Normal Distribution.
- Clearly explains the basics of investment mathematics and statistics
- Provides numerous practical examples
- Self-contained chapters so that reader can choose appropriate path based on own needs
- Excel spreadsheets containing worked examples
- Questions and answers section