标题: Research and Markets: The Handbook of Equity Market Anomalies: Translating Market Inefficiencies into Effective Investment Strategies from Investment Pioneer Len Zacks 作者: Research and Markets, Business Wire (English), 12/21/2011.
数据库: Regional Business News.
HTML 全文Research and Markets: The Handbook of Equity Market Anomalies: Translating Market Inefficiencies into Effective Investment Strategies from Investment Pioneer Len Zacks
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Research and Markets (
http://www.researchandmarkets.co ... /the_handbook_of_eq) has announced the addition of John Wiley and Sons Ltd's new book "The Handbook of Equity Market Anomalies: Translating Market Inefficiencies into Effective Investment Strategies" to their offering.
Investment pioneer Len Zacks presents the latest academic research on how to beat the market using equity anomalies
The Handbook of Equity Market Anomalies organizes and summarizes research carried out by hundreds of finance and accounting professors over the last twenty years to identify and measure equity market inefficiencies and provides self-directed individual investors with a framework for incorporating the results of this research into their own investment processes. Edited by Len Zacks, CEO of Zacks Investment Research, and written by leading professors who have performed groundbreaking research on specific anomalies, this book succinctly summarizes the most important anomalies that savvy investors have used for decades to beat the market.
Some of the anomalies addressed include the accrual anomaly, net stock anomalies, fundamental anomalies, estimate revisions, changes in and levels of broker recommendations, earnings-per-share surprises, insider trading, price momentum and technical analysis, value and size anomalies, and several seasonal anomalies. This reliable resource also provides insights on how to best use the various anomalies in both market neutral and in long investor portfolios. A treasure trove of investment research and wisdom, the book will save you literally thousands of hours by distilling the essence of twenty years of academic research into eleven clear chapters and providing the framework and conviction to develop market-beating strategies.
Key features: Strips the academic jargon from the research and highlights the actual returns generated by the anomalies, and documented in the academic literature Provides a theoretical framework within which to understand the concepts of risk adjusted returns and market inefficiencies Anomalies are selected by Len Zacks, a pioneer in the field of investing
As the founder of Zacks Investment Research, Len Zacks pioneered the concept of the earnings-per-share surprise in 1982 and developed the Zacks Rank, one of the first anomaly-based stock selection tools. Today, his firm manages U.S. equities for individual and institutional investors and provides investment software and investment data to all types of investors. Now, with his new book, he shows you what it takes to build a quant process to outperform an index based on academically documented market inefficiencies and anomalies.
Key Topics Covered:
CHAPTER 1: Conceptual Foundations of Capital Market Anomalies
CHAPTER 2: The Accrual Anomaly
CHAPTER 3: The Analyst Recommendation and Earnings Forecast Anomaly
CHAPTER 4: Post-Earnings Announcement Drift and Related Anomalies Daniel Taylor
CHAPTER 5: Fundamental Data Anomalies
CHAPTER 6: Net Stock Anomalies
CHAPTER 7: The Insider Trading Anomaly
CHAPTER 8: Momentum: The Technical Analysis Anomaly 173
CHAPTER 9: Seasonal Anomalies
CHAPTER 10: Size and Value Anomalies
CHAPTER 11: Anomaly-Based Processes for the Individual Investor
Author:
Leonard Zacks has been Chairman and CEO of Zacks Investment Research since 1978. Prior to that, he held several positions with A.G. Becker, a Chicago-based brokerage firm, including investment analyst, assistant to the president, and product development manager. Zacks was an associate at McKinsey & Company in New York and an analyst at the Rand Corporation in California. He holds a PhD in operations research from the Massachusetts Institute of Technology.
For more information visit
http://www.researchandmarkets.co ... /the_handbook_of_eq