Market Neutral Strategy - Book List
Posted in Trading Strategy by Admin
Market Neutral Strategy
Recommended Books by Kiran Sagarkar (M.D. Reliable Software Systems)
Pairs trading is the simplest possible example of employing a market neutral strategy. It involves the trading of securities in pairs comprised of a long position in one security and a short position in the other.
If performed properly, an investor will be in the ideal position of gaining in any situation--whether the market rises or falls.
Author Ganapathy Vidyamurthy examines two versions of pairs trading that arise in the context of statistical arbitrage and risk arbitrage. He offers a compelling point of view that integrates theory and practice, providing indepth analysis and insight in both of these cases. This book is for the more advanced practitioner of pair trading.
Pairs trading—and other market-neutral strategies—have been around since the organization of listed markets.
Once used only by large institutional investors and hedge funds, this approach has recently been adopted by many individual traders looking to take money out of the markets.
The Handbook of Pairs Trading clearly explains the theory and practice of this important discipline, and breaks down its strategy so you can gain a firm understanding of the underlying dynamics of pairs trading.
Filled with in-depth insight and expert advice, The Handbook of Pairs Trading is a comprehensive resource for those looking to implement this proven and profitable trading strategy.
Based on the results of author Andrew Poles own research and experience running a statistical arbitrage hedge fund for eight years in partnership with a group whose own history stretches back to the dawn of what was first called pairs trading this unique guide provides detailed insights into the nuances of a proven investment strategy.
Filled with in-depth insights and expert advice, Statistical Arbitrage contains comprehensive analysis that will appeal to both investors looking for an overview of this discipline, as well as quants looking for critical insights into modeling, risk management, and implementation of the strategy.
The stock market still intrigues people, but shell-shocked individual investors have learned to be more savvy and realistic with their investments.
There is no way to eliminate risk when stocks fluctuate, but with pair trading risk can be significantly reduced and even controlled. In addition to tips that cover beginning to intermediate investing topics, Stokes also presents the strategies behind market neutral investing in practical, easy-to-understand terms.
Stocks go up and down, but investors shouldn’t have to limit themselves to only one-half of the equation. Enter market neutral investing, where investors can take advantage of movement in both directions—long and short investing.
Achieving ideal returns by diversifying away risk. Managing risk is a weightier issue than ever for professional investors.
Market-neutral investing is one of the hottest strategies for delivering low risk high reward returns. In this groundbreaking book, industry expert Joseph G. Nicholas opens investors up to new thinking on highly effective approaches to return enhancement and risk reduction through investment diversification.
Nicholas shows how market-neutral investing techniques hedge exposures--to neutralize the impact of market volatility on investment performance. He demystifies these strategies and explains how to successfully put together a market-neutral portfolio.