Finding Alpha: the search for Alpha when risk and return break down

Finding Alpha is a real-world guide to achieving alpha when risk doesnt always correlate to higher returns. To start, Falkenstein walks the readers throughthe Capital Asset Pricing Model (CAPM), as well as other well-documented theory and models, and discusses how these theories measure up to current empirical evidence being documented by researchers and academics. Parts 2 and 3 deal with relative risk, understanding the nature of alpha and risk, and how to use practical applications of alpha seeking strategies the author developed at a successful hedge fund. Falkenstein shows how use of fundamental analysis and trading techniques are key to predicting alpha.

• ISBN: 978-0-470-44590-7
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 298
• Fecha Publicación: 08/07/2009
• Nº Volúmenes: 1
• Idioma: Inglés