1.

Record Nr.

UNINA9910841032603321

Autore

Corcoran Clive M

Titolo

Long/short market dynamics [[electronic resource] ] : trading strategies for today's markets / / Clive M. Corcoran

Pubbl/distr/stampa

Chichester, West Sussex, England, : John Wiley & Sons, c2007

ISBN

1-119-20891-2

1-282-34560-5

9786612345609

0-470-06531-1

Descrizione fisica

1 online resource (359 p.)

Collana

Wiley trading series

Disciplina

332.6327

332.64524

Soggetti

Capital market - United States

Investments - United States

Stock exchanges - United States

Risk management - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [329]-333) and index.

Nota di contenuto

Coming to terms with new market dynamics -- Range expansion and liquidity -- Comparative quantiles -- Volume as a leading indicator -- Alignments and divergences -- Volatility -- The morphology of gaps -- Correlation and convergence -- Random walks and power laws -- Regime shifts and stationarity -- Money management techniques -- Portfolio theory -- Alpha -- Markets as networks.

Sommario/riassunto

Hedge funds are now the largest volume players in the capital markets. They follow a wide assortment of strategies but their activities have replaced and overshadowed the traditional model of the long only portfolio manager. Many of the traditional technical indicators and commonly accepted trading strategies have become obsolete or ineffective. The focus throughout the book is to describe the principal innovations that have been made within the equity markets over the last several years and that have changed the ground rules for trading activities. By understanding these changes the active