Quantitative Investment Analysis

Whether you are a novice investor or an experienced practitioner, Quantitative Investment Analysis, Fourth Edition has something for you. Part of the CFA Institute Investment Series, this authoritative guide is relevant the world over and will facilitate your mastery of quantitative methods and their application in today's investment process.

This updated edition provides all the statistical tools and latest information you need to be a confident and knowledgeable investor. This edition expands coverage to Machine Learning algorithms and the role of Big Data in an investment context along with capstone chapters in applying these techniques to factor modeling, risk management and backtesting and simulation in in- vestment strategies. The authors go to great lengths to ensure an even treatment of subject matter, consistency of mathematical notation, and continuity of topic coverage that is critical to the learning process. Well suited for motivated individuals who learn on their own, as well as general reference, this complete resource delivers clear, example-driven coverage of a wide range of quantitative methods. Inside you'll find:

• Learning outcome statements (LOS) specifying the objective of each chapter
• A diverse variety of investment-oriented examples both aligned with the LOS and reflecting the realities of today's investment world
• A wealth of practice problems, charts, tables, and graphs to clarify and reinforce the concepts and tools of quantitative investment management

Sharpen your skills by furthering your hands-on experience with the Quantitative Investment Analysis Workbook, Fourth Edition--an essential guide, containing learning outcomes and summary overview sections, along with challenging problems and solutions.