Market Momentum: Theory and Practice Contributor(s): Satchell, Stephen (Author), Grant, Andrew (Author) |
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ISBN: 1119599326 ISBN-13: 9781119599326 Publisher: Wiley OUR PRICE: $76.00 Product Type: Hardcover - Other Formats Published: December 2020 |
Additional Information |
BISAC Categories: - Business & Economics | Finance - Financial Engineering - Business & Economics | Investments & Securities - General |
Dewey: 332.632 |
LCCN: 2020020406 |
Physical Information: 1.4" H x 6.7" W x 9.7" (2.25 lbs) 432 pages |
Descriptions, Reviews, Etc. |
Publisher Description: A one-of-a-kind reference guide covering the behavioral and statistical explanations for market momentum and the implementation of momentum trading strategies Market Momentum: Theory and Practice is a thorough, how-to reference guide for a full range of financial professionals and students. It examines the behavioral and statistical causes of market momentum while also exploring the practical side of implementing related strategies. The phenomenon of momentum in finance occurs when past high returns are followed by subsequent high returns, and past low returns are followed by subsequent low returns. Market Momentum provides a detailed introduction to the financial topic, while examining existing literature. Recent academic and practitioner research is included, offering a more up-to-date perspective. What type of book is Market Momentum and how does it serve a range of readers' interests and needs?
Due to claims that the phenomenon of momentum goes against the Efficient Markets Hypothesis, behavioral economists have studied the topic in-depth. However, many books published on the subject are written to provide advice on how to make money. In contrast, Market Momentum offers a comprehensive approach to the topic, which makes it a valuable resource for both investment professionals and higher-level finance students. The contributors address momentum theory and practice, while also offering trading strategies that practitioners can study. |