000			02355cam a2200289zu 4500
001			10086311
003			FRCYB10086311
005			20250108085617.0
006			m o d
007			cr un
008			250108s2004 fr | o|||||0|0|||eng d
020			_a9780750660068
035			_aFRCYB10086311
040			_aFR-PaCSA _ben _c _erda
100	1		_aSatchell, Stephen
245	0	1	_aLinear Factor Models in Finance _c['Satchell, Stephen', 'Knight, John']
264		1	_bElsevier Science _c2004
300			_a p.
336			_btxt _2rdacontent
337			_bc _2rdamdedia
338			_bc _2rdacarrier
650		0	_a
700	0		_aSatchell, Stephen
700	0		_aKnight, John
856	4	0	_2Cyberlibris _uhttps://international.scholarvox.com/netsen/book/10086311 _qtext/html _a
520			_aThe determination of the values of stocks, bonds, options, futures, and derivatives is done by the scientific process of asset pricing, which has developed dramatically in the last few years due to advances in financial theory and econometrics. This book covers the science of asset pricing by concentrating on the most widely used modelling technique called: Linear Factor Modelling. Linear Factor Models covers an important area for Quantitative Analysts/Investment Managers who are developing Quantitative Investment Strategies. Linear factor models (LFM) are part of modern investment processes that include asset valuation, portfolio theory and applications, linear factor models and applications, dynamic asset allocation strategies, portfolio performance measurement, risk management, international perspectives, and the use of derivatives. The book develops the building blocks for one of the most important theories of asset pricing - Linear Factor Modelling. Within this framework, we can include other asset pricing theories such as the Capital Asset Pricing Model (CAPM), arbitrage pricing theory and various pricing formulae for derivatives and option prices. As a bare minimum, the reader of this book must have a working knowledge of basic calculus, simple optimisation and elementary statistics. In particular, the reader must be comfortable with the algebraic manipulation of means, variances (and covariances) of linear combination(s) of random variables. Some topics may require a greater mathematical sophistication.
999			_c81262 _d81262