Forecasting expected returns in the financial markets /

Forecasting expected returns in the financial markets / edited by Stephen Satchell. - Amsterdam ; Boston : Academic Press, 2007. - x, 286 p. : ill. ; 25 cm. - Quantitative finance series .

Includes bibliographical references and index.

Market efficiency and forecasting -- A step-by-step guide to the Black-Litterman model -- A demystification of the Black-Litterman model : managing quantitative and traditional portfolio construction -- Optimal portfolios from ordering information -- Some choices in forecast construction -- Bayesian analysis of the Black-Scholes option price -- Bayesian forecasting of options prices: a natural framework for pooling historical and implied volatility information -- Robust optimization for utilizing forecasted returns in institutional investment -- Cross-sectional stock returns in the UK market : the role of liquidity risk -- The information horizon- optimal holding period, strategy aggression and model combination in a multi-horizon framework -- Optimal forecasting horizon for skilled investors -- Investments as bets in the binomial asset pricing model -- The hidden binomial economy and the role of forecasts in determining prices.

9780750683210 (hbk.) 075068321X (hbk.)

2007300193

GBA765265 bnb

013763116 Uk


Stock price forecasting--Mathematics.
Securities--Prices--Mathematical models.
Investment analysis--Mathematics.

HG4637 / .F66 2007

332.632042 / FOR