Econometrics: bibliography - page 15
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
I have some associations )
Why isn't technical analysis a part of statistics? Technical analysis is a part of statistics, it's just what someone called it. It's essentially the same approximations, averages and trends.
Technical analysis is based on a trader's subjective opinion of what is happening in the market. The result is random results and the dependence of success on the individual.
The scientific approach to the market produces models and algorithms that can provably make money if the assumptions from which these models/algorithms were created are met. The validity of the assumptions is also tested - statistical hypothesis testing methods are used, or careful backtesting of the strategy, which excludes fitting.
Take pair trading, for example. It works if the spread between the instruments is mean reversionary. Testing this hypothesis is done using unit root statistical tests. Using, say, the likelihood ratio test, it is possible to determine the point in time when the average spread is broken and the strategy should be disabled. That is the scientific approach.
can i have the name of his books?
Look at the list of publications on wikipedia.
Take pair trading, for example. It works if the spread between instruments is mean reversionary. Testing this hypothesis is done using unit root statistical tests. Using, say, the likelihood ratio test, it is possible to determine the point in time when the average spread is broken and the strategy should be disabled. This is the scientific approach.
Can I have a link to this pair trading? I want to get a feel for it.
http://lmgtfy.com/?q=%D0%BF%D0%B0%D1%80%D0%BD%D1%8B%D0%B9+%D1%82%D1%80%D0%B5%D0%B9%D0%B4%D0%B8%D0%BD%D0%B3
I would like to push you from associations to textbooks and then to some EViews or R.
Statistics in Business. A manager's and financier's guide. A. A. Minko
"Eksmo Moscow 2008
Statistics in business. The manager's and financier's handbook. A. A. Minko
"Eksmo Moscow 2008.
You can do it that way. If from scratch, there are many textbooks from which you can get an overview knowledge, but this knowledge is not enough for trading.
Actually, this is a university speciality: econometrics or mathematical statistics, 5 years of drills, not a fact that they will be able to apply. So assess your capabilities.
If your goal is trading on the basis of econometrics (statistics), then I usually advise: EViews, tool by tool, if you do not understand it, then select the literature to the tool you do not understand.
More complicated, but also more possibilities, R, ideally Matlab.
But this is meaningful professional trading with predictable results and risk. Otherwise it is little different from a casino.
marker - so what was the question?
I didn't see any questions :-) it would have been easier for you to repeat them :-)