Quantitative Investment Analysis (CFA Institute Investment Series) - Hardcover

DeFusco, Richard A.; McLeavey, Dennis W.; Pinto, Jerald E.; Runkle, David E.; Anson, Mark J. P.

Hardcover

ISBN 10: 111910422X ISBN 13: 9781119104223

Publisher: Wiley, 2016

Synopsis

Your complete guide to quantitative analysis in the investment industry

Quantitative Investment Analysis, Third Edition is a newly revised and updated text that presents you with a blend of theory and practice materials to guide you through the use of statistics within the context of finance and investment. With equal focus on theoretical concepts and their practical applications, this approachable resource offers features, such as learning outcome statements, that are targeted at helping you understand, retain, and apply the information you have learned. Throughout the text's chapters, you explore a wide range of topics, such as the time value of money, discounted cash flow applications, common probability distributions, sampling and estimation, hypothesis testing, and correlation and regression.

Applying quantitative analysis to the investment process is an important task for investment pros and students. A reference that provides even subject matter treatment, consistent mathematical notation, and continuity in topic coverage will make the learning process easier—and will bolster your success.

• Explore the materials you need to apply quantitative analysis to finance and investment data—even if you have no previous knowledge of this subject area
• Access updated content that offers insight into the latest topics relevant to the field
• Consider a wide range of subject areas within the text, including chapters on multiple regression, issues in regression analysis, time-series analysis, and portfolio concepts
• Leverage supplemental materials, including the companion Workbook and Instructor's Manual, sold separately

Quantitative Investment Analysis, Third Edition is a fundamental resource that covers the wide range of quantitative methods you need to know in order to apply quantitative analysis to the investment process.

About this title

About the Author

RICHARD A. DEFUSCO, CFA, is a Professor of Finance at the University of Nebraska-Lincoln. He earned his CFA charter in 1999 and started CFA grading in 2000.

DENNIS W. MCLEAVEY, CFA, is Faculty Advisor to the Ram Fund and Professor Emeritus of Finance and OR/MS at the University of Rhode Island. He obtained his CFA charter in 1990 and began CFA grading in 1995.

JERALD E. PINTO, PHD, CFA, has been at CFA Institute since 2002 as Visiting Scholar, Vice President, and now Director, Curriculum Projects in the Credentialing Division for the CFA and CIPM Programs.

DAVID E. RUNKLE, CFA, is Director of Quantitative Research for Trilogy Global Advisors, LP. He joined Trilogy in 2007 from Piper Jaffray, where he was an Investment Research Manager.

From the Back Cover

Whether you are a novice investor or an experienced practitioner, Quantitative Investment Analysis, Third Edition has something for you. Part of the CFA Institute Investment Series, this authoritative guide is relevant the world over and will facilitate your mastery of quantitative methods and their application in today's investment process.

This updated edition brings back the distinguished team of Richard DeFusco, Dennis McLeavey, Jerald Pinto, and David Runkle, who provide all the statistical tools and latest information you need to be a confident and knowledgeable investor. The authors go to great lengths to ensure the even treatment of subject matter, consistency of mathematical notation, and continuity of topic coverage that is critical to the learning process. Well suited for motivated individuals who learn on their own as well as general reference, this complete resource delivers clear, example-driven coverage of a wide range of quantitative methods. Inside you'll find:

• Learning outcome statements (LOS) specifying the objective of each chapter
• A diverse variety of investment-oriented examples both aligned with the LOS and reflecting the realities of today's investment world
• A wealth of practice problems, charts, tables, and graphs to clarify and reinforce the concepts and tools of financial calculus

Sharpen your skills by furthering your hands-on experience in the Quantitative Investment Analysis Workbook, Third Edition—an essential guide containing learning outcomes and summary overview sections, along with challenging problems and solutions.

Get the potent mix of best practices and solid theory you need to reach your investing goals with Quantitative Investment Analysis, Third Edition.

From the Inside Flap

Your up-to-date guide to quantitative analysis in the investment industry

"Quantitative Investment Analysis provides all of the essential tools to understand the quantitative aspects of investing. In a world in which technology and quantitative techniques increasingly are canvassing all aspects of business and business analysis, the foundations of quantitative analysis have never been more important to the investment game, and will only become more important in the years to come. All investors can benefit from a thorough understanding of the use of quantitative methods."
—Ted Seides, CFA, Co-Chief Investment Officer & President, Protégé Partners

"When it comes to finance, building a foundation is mission critical. Quantitative Investment Analysis successfully facilitates this mission—providing a first-class education on the critical skills and concepts required to be a successful investment practitioner. Highly recommended."
—Wesley R. Gray, PhD, CEO/CIO of Alpha Architect, and author of Quantitative Value and DIY Financial Advisor

"Quantitative Investment Analysis gets to the heart of the matter. Crisp, well-written, and technically thorough, this book provides an excellent foundation for understanding the statistics and economics of portfolio management and asset pricing. It also provides a thorough review of the major asset pricing models widely used today."
—David Blackwell, Dean, Gatton College of Business and Economics, University of Kentucky

Edition details

• Publisher: Wiley
• Publication date: 2016
• Language: English
• ISBN 10: 111910422X
• ISBN 13: 9781119104223
• Binding: Hardcover
• Edition number: 3
• Number of pages: 640