T2W Trading Community

Description

A work which will bring Omega to the very forefront of available tools for working on probability and variance in financial markets analysis. No analyst or fund manager will want to be unfamiliar with the techniques that an understanding of Omega will place at their disposal. This ground-breaking new book is set to become a seminal work for financial analysts.

There is a compelling requirement for risk and the prediction of downside to be at the centre of investment strategy. Accuracy in the assessment of mathematical moment and trend lines lies within the pages of this book. With many fund managers, trading houses and banks offering similar products and services, this offers competitive methodology and tools not to be ignored. It pays to use them - it is risky not to.

Chapter Headings

- Introduction to Omega  

- Measuring Investment Performance, An Overview 

- Challenges of Asymmetric Returns  

- Assessing the Risk/Reward Trade offs 

- Making Optimal Allocations to Portfolios, Risk Capital,
and Bonus Pool 

- Re-balancing and Hedging Effectively

- Absolute and Asymmetric Returns

- How Do 20th Century Tools Stack Up - Markowitz, Sharpe,
Sortino Ratios, Ad Hoc 3 and 4 Moments Methods 

- Omega Function and Cumulative Distribution Functions 

- How to Use Omega 

- Ranking Investments and Omega Metrics  

- Omega Scores and Terminal Values 

- Conclusions, Appendices and Index