This book brings together domains in financial asset pricing and valuation, financial investment theory, econometrics modeling, and the empirical analyses of financial data by applying appropriate econometric techniques. These domains are highly intertwined and should be properly understood in order to correctly and effectively harness the power of data and methods for investment and financial decision-making. The book is targeted at advanced finance undergraduates and beginner professionals performing financial forecasts or empirical modeling who will find it refreshing to see how forecasting is not simply running a least squares regression line across data points, and that there are many minefields and pitfalls to avoid, such as spurious results and incorrect interpretations.PREFACE This book is an introduction to financial valuation and financial data analyses using econometric methods. ... search in the hope of finding clues to reproduce winning formulas for gold, or else to find the secret recipe to avert disasters. ... Financial valuation is the key to investment decision and risk management that are central to any economy today. ... the field of finance has developed a rich set of theories and rigorous framework with which to understand how stock pricesanbsp;...
|Title||:||Financial Valuation and Econometrics|
|Author||:||Kian Guan Lim|
|Publisher||:||World Scientific - 2011|