{"product_id":"libro-quant-basics-101-a-beginners-guide-to-quantitative-trading","title":"Libro: Quant Basics 101: A Beginner's Guide To Quantitative Trading","description":"\u003ctable style=\"border-collapse:collapse;margin-bottom:16px;width:100%\"\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eFormato\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eTapa Blanda\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e\u003cstrong\u003eNúmero de páginas\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003e485\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\u003cp\u003eQuant Basics 101 is designed primarily for students interested in pursuing a career in quantitative trading and\/or sell-side researchers exploring the buy-side. It is not aimed at retail traders, though they may find some useful insights.\u003cbr\u003e\u003cbr\u003eQuantitative Trading uses a combination of mathematical and statistical models, algorithms, and computational methods to systematically analyze financial data, identify trading opportunities, and automatically execute trading strategies.\u003cbr\u003eSitting at the intersection of high-level math, intricate analytics, and advanced technology, quantitative trading has a reputation for being a difficult subject, demanding a dedication understood only by ardent financial and tech aficionados.\u003cbr\u003e\u003cbr\u003eThe book serves as a foundational guide to understanding the principles of quantitative finance: it teaches the essential habits to prevent common errors and avoid obvious mistakes; it offers guidance on how to approach some standard problems; it describes a few elementary examples of quantitative strategies and pinpoints several interesting areas of research. The book deals with the building blocks of quantitative trading. At its core, the book is about Building Intuition.\u003cbr\u003e\u003cbr\u003ePrimary themes discussed in the book are the research, design, backtest, and implementation of quantitative strategies, including the portfolio construction problem, the importance of risk management, and the danger of overfitting. Other themes include the acquisition of data, standard linear techniques, fixed-income theory, and the trading of volatility.\u003cbr\u003e\u003cbr\u003eThe book serves as a reference and source of ideas and intuition for quantitative traders, portfolio managers, risk managers, financial economists and regulatory professionals, amongst others, as well as researchers in related areas.\u003cbr\u003eTable of Contents Preface\u003cbr\u003eNotations\u003cbr\u003eLecture Guide\u003cbr\u003e\u003cbr\u003e1. Toy Example(s)\u003cbr\u003e1.In Doubt, Just Follow The Past 2.Discussion and Fixes 3.Variants: Trend-Following, Fund Replication, Equi-Vol 4.Changing Perspective 5.Interpretation: Algebraic Digression 6.Take-Aways\u003cbr\u003e\u003cbr\u003e2. Back to Basics: Good Practice and Usual Mistakes\u003cbr\u003e1.General Concepts and Notations 2.Constructing a Valid Backtest 3.Matters of Variances and Covariances 4.Execution: Fees, Slippage, Market Impact 5.Capital Requirement and Margin-to-Equity 6.Different Regions, Different Currencies 7.Good Practices and Take-Aways\u003cbr\u003e\u003cbr\u003e3. (Over) Fitting is (Too) Easy\u003cbr\u003e1.Inference and the Curse of Over-fitting 2.On the Maximization of Sharpe Ratios 3.Danger in the Numbers 4.Perspectives and Take-Aways\u003cbr\u003e\u003cbr\u003e4. Everything (Almost) is Linear\u003cbr\u003e1.Convolutions Everywhere 2.On the Equivalence of Standard Indicators 3.Linear Regressions 4.Linearity in Practice 5.Take-Aways\u003cbr\u003e\u003cbr\u003e5. Risk Factor Models\u003cbr\u003e1.Introduction 2.Standard Historical Models 3.Residuals, Betas, and the Hedging of Factors 4.Constructing Risk Models 5.Take-Aways\u003cbr\u003e\u003cbr\u003e6. Portfolio Construction\u003cbr\u003e1.General Concepts 2.Some Allocation Paradigms 3.Risk Factor Models and Portfolio Construction 4.Signal Prediction and Aggregation 5.Take-Aways\u003cbr\u003e\u003cbr\u003e7. Data\u003cbr\u003e1.Futures 2.Stocks (and Indices, ETNs, ETFs, Cryptos) 3.Options\u003cbr\u003e\u003cbr\u003e8. A Taste of Fixed Income\u003cbr\u003e1.Spot Rates, Discounting Curves, Forward Rates 2.Interest Rate Instruments: Futures and Swaps 3.Bond Basics\u003cbr\u003e4.Carry\u003cbr\u003e\u003cbr\u003e9. Stochastic Curve Models\u003cbr\u003e1.Stochastic Curve Models 2.Stochastic Curve Models versus Spot Models 3.Application: the Schwartz-Smith Approach 4.Take-Aways\u003cbr\u003e\u003cbr\u003e10. Beyond Black-Scholes\u003cbr\u003e1.The Black-Scholes Paradigm 2.Variance: Replication and Properties 3.Volatility Stylized Facts 4.Quantitative Trading of Volatility 5.Take-Aways\u003cbr\u003e\u003cbr\u003e11. Final Worlds\u003cbr\u003e\u003cbr\u003eAppendices\u003cbr\u003eA. The Basics of Algebra\u003cbr\u003eB. On Models\u003cbr\u003eC. Clustering\u003cbr\u003eD. Risk Neutral Pricing\u003cbr\u003eE. Random Proofs\u003cbr\u003e\u003cbr\u003eReferences\u003c\/p\u003e","brand":"Independently published","offers":[{"title":"Default Title","offer_id":59675573157969,"sku":"B0DR5KJP2K","price":67700.0,"currency_code":"CLP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0669\/6455\/3809\/files\/61ejM_LL0WL.jpg?v=1781935313","url":"https:\/\/provetodo.cl\/es-cl\/products\/libro-quant-basics-101-a-beginners-guide-to-quantitative-trading","provider":"Provetodo ","version":"1.0","type":"link"}