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Decision Making with Quantitative Financial Market Data: Applications, Precautions and Pitfalls

Decision Making with Quantitative Financial Market Data: Applications, Precautions and Pitfalls

Paperback

Series: Springerbriefs in Operations Research

Business GeneralInvesting & Finance

ISBN10: 3030675793
ISBN13: 9783030675790
Publisher: Springer Nature
Published: Mar 3 2021
Pages: 61
Weight: 0.25
Height: 0.15 Width: 6.14 Depth: 9.21
Language: English
Use of quantitative data, especially in financial markets, may provide rapid results due to the ease-of-use and availability of fast computational software, but this book advises caution and helps to understand and avoid potential pitfalls.

It deals with often underestimated issues related to the use of financial quantitative data, such as non-stationarity issues, accuracy issues and modeling issues. It provides practical remedies or ways to develop new calculation methodologies to avoid pitfalls in using data, as well as solutions for risk management issues in financial market.

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Business General