Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Beyond Arbitrage
Download Beyond Arbitrage full books in PDF, epub, and Kindle. Read online Beyond Arbitrage ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Beyond Arbitrage: How to Take Your Business to Another Level by : Ryan Reger
Download or read book Beyond Arbitrage: How to Take Your Business to Another Level written by Ryan Reger and published by CreateSpace. This book was released on 2015-03-20 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The number one question we hear from other sellers is "Where do I find inventory for my business?" If you sell online let me ask you this..... Are you tired of trekking from store to store to find quality inventory to sell? When you do find good inventory, are you tired of other sellers dropping the prices to a point that it's no longer profitable? Would you like to find sources for inventory that you can replenish over and over? Do you wish you could pick up the phone or send an email to place an order and never even have to touch that inventory? If you're ready to take your business to the next level then Beyond Arbitrage is for you. In Beyond Arbitrage, John Bullard Sr and Ryan Reger lay out exactly how to find quality wholesale sources of inventory.
Book Synopsis Beyond Arbitrage by : John Howland Cochrane
Download or read book Beyond Arbitrage written by John Howland Cochrane and published by . This book was released on 1996 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is often useful to price assets and other random payoffs by reference to other observed prices rather than construct full-fledged economic asset pricing models. This approach breaks down if one cannot find a perfect replicating portfolio. We impose weak economic restrictions to derive usefully tight bounds on asset prices in this situation. The bounds basically rule out high Sharpe ratios - `good deals' - as well as arbitrage opportunities. We present the method of calculation, we extend it to a multiperiod context by finding a recursive solution, and we apply it to option pricing examples including the Black-Scholes setup with infrequent trading, and a model with stochastic stock volatility and a varying riskfree rate.
Book Synopsis Beyond Arbitrage by : John H. Cochrane
Download or read book Beyond Arbitrage written by John H. Cochrane and published by . This book was released on 2009 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: One often wants to value a given asset or risky payoff by reference to observed prices of other assets rather than by exploiting full-fledged economic models. However, this approach breaks down if one cannot find a perfect replicating portfolio. We impose weak economic restrictions to derive usefully tight bounds on asset prices in this situation. The bounds basically rule out high Sharpe ratios - quot;good dealsquot; - as well as arbitrage opportunities. We show how to calculate the price bounds in two-period, multiperiod and continuous time contexts. We show that the multiperiod problem can be solved recursively as a sequence of two-period problems. We calculate bounds in option pricing examples including infrequent trading, an option written on a nontraded event, and in an environment with stochastic stock volatility and a varying riskfree rate.
Book Synopsis The Complete Arbitrage Deskbook by : Stephane Reverre
Download or read book The Complete Arbitrage Deskbook written by Stephane Reverre and published by McGraw Hill Professional. This book was released on 2001-05-21 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Complete Arbitrage Deskbook explains every aspect of the types, instruments, trading practices, and opportunities of modern equity arbitrage. It travels beyond U.S. borders to examine the worldwide opportunities inherent in arbitrage activities and demonstrates how to understand and practice equity arbitrage in the global professional environment. Written specifically for traders, risk managers, brokers, regulators, and anyone looking for a comprehensive overview of the field of equity arbitrage, this groundbreaking reference provides: Details of the financial instruments used in equity arbitrage—stocks, futures, money markets, and indices Explanations of financial valuation and risk analysis, tailored to the characteristics of the underlying position and market environment Examples of actual arbitrage situations—presenting a real-life snapshot of equity arbitrage in actionThe Complete Arbitrage Deskbook is the only book to combine operational details with practical analysis of modern equity arbitrage. Concise in explanation yet comprehensive in scope, it provides an integrated overview of both the practices and the possibilities of the modern equity arbitrage marketplace.
Book Synopsis Convertible Arbitrage by : Nick P. Calamos
Download or read book Convertible Arbitrage written by Nick P. Calamos and published by John Wiley & Sons. This book was released on 2011-01-19 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Minimize risk and maximize profits with convertible arbitrage Convertible arbitrage involves purchasing a portfolio of convertible securities-generally convertible bonds-and hedging a portion of the equity risk by selling short the underlying common stock. This increasingly popular strategy, which is especially useful during times of market volatility, allows individuals to increase their returns while decreasing their risks. Convertible Arbitrage offers a thorough explanation of this unique investment strategy. Filled with in-depth insights from an expert in the field, this comprehensive guide explores a wide range of convertible topics. Readers will be introduced to a variety of models for convertible analysis, "the Greeks," as well as the full range of hedges, including titled and leveraged hedges, as well as swaps, nontraditional hedges, and option hedging. They will also gain a firm understanding of alternative convertible structures, the use of foreign convertibles in hedging, risk management at the portfolio level, and trading and hedging risks. Convertible Arbitrage eliminates any confusion by clearly differentiating convertible arbitrage strategy from other hedging techniques such as long-short equity, merger and acquisition arbitrage, and fixed-income arbitrage. Nick Calamos (Naperville, IL) oversees research and portfolio management for Calamos Asset Management, Inc. Since 1983 his experience has centered on convertible securities investment. He received his undergraduate degree in economics from Southern Illinois University and an MS in finance from Northern Illinois University.
Book Synopsis Merger Arbitrage by : Thomas Kirchner
Download or read book Merger Arbitrage written by Thomas Kirchner and published by John Wiley & Sons. This book was released on 2016-04-18 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mitigate risk and increase returns with an alternative hedge fund strategy Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition is the definitive guide to the ins and outs of the burgeoning merger arbitrage hedge fund strategy, with real-world examples that illustrate how mergers work and how to take advantage of them. Author Thomas Kirchner, founder of the Pennsylvania Avenue Event-Driven Fund, discusses the factors that drove him to invest solely in merger arbitrage and other event-driven strategies, and details the methods used to incorporate merger arbitrage into traditional investment strategies. And while there is always a risk that a deal will fall through, the book explains how minimal such risks really are when the potential upside is factored in. Early chapters of the book focus on the basics of the merger arbitrage strategy, including an examination of mergers and the incorporation of risk into the arbitrage decision. Following chapters detail deal structures, financing, and legal aspects to provide the type of in-depth knowledge required to execute an effective investment strategy. The updated second edition stresses new, increasingly relevant information like: Worldwide legal deal regimes UK takeover code UK takeover code global offspring Regulators around the world The book provides clear, concise guidance on critical considerations including leverage and options, shorting stocks, and legal recourse for inadequate merger consideration, allowing readers to feel confident about trying a new investment strategy. With simple benefits including diversification of risk and return streams, this alternative hedge fund strategy has a place in even the most traditional plan. Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition provides the information that gives investors an edge in the merger arbitrage arena.
Book Synopsis Arbitrage Theory Beyond Semi-martingales by : Andreas Renghart
Download or read book Arbitrage Theory Beyond Semi-martingales written by Andreas Renghart and published by . This book was released on 2009 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis ABCs of Arbitrage by : Frederic L. Ballard
Download or read book ABCs of Arbitrage written by Frederic L. Ballard and published by American Bar Association. This book was released on 2007 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Arbitrage written by Nigel Feetham and published by Spiramus Press Ltd. This book was released on 2011 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Press coverage has often shown little understanding of the distinction between tax avoidance and tax evasion, describing the legitimate behaviour of taxpayer banks, financial institutions and multinational businesses in emotive terms and often inaccurately. This book aims to look at tax arbitrage, and demystify its practice.
Book Synopsis Online Arbitrage - 2020 & Beyond by : Chris Green
Download or read book Online Arbitrage - 2020 & Beyond written by Chris Green and published by . This book was released on 2020-06-11 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: So, you want to sell online? Great! In my opinion, there has never been a better time to sell online. More and more people are doing more and more of their shopping online, and more buyers mean more opportunity for online sellers! More opportunity also means more competition, but don't let this worry you. If there are more opportunities to make money, then more sellers will enter the market. You should see this as a positive marker that there is definitely money to be made. If there wasn't good money to be made, would sellers, including yourself, be entering this market? Of course not! More sellers? More competition? This may sound intimidating, and that may be the reason why you bought this book. The information contained in this book will allow you to buy smart, lower your costs, increase your margins, and source products more efficiently than your competition. Your competition will be way more scared of you than you should ever be of them after you read this book. If they are not using the techniques and strategies outlined in this book, then there is little doubt that their margins are lower than yours are, which means that they are working harder than you are (and for less money). If that trend continues, they will eventually put themselves out of business while your business continues to grow and remain highly profitable.Knowledge is power. Never before in human history has that phrase been more accurate. What you will acquire in this book is the knowledge of how to source products online like a professional reseller.So, what does all of this have to do with product sourcing? It's been said that when you are sourcing products to sell, you make your money when you buy. This is because if you are buying smart, you are buying at a cost that is sure to maintain your margins. Do you actually 'make money' when you buy? No, of course not. But if you buy smart, while you may not always make as much money as you originally expected, you significantly reduce your risk of ever losing money on a purchase for resale.You are using tools, apps, knowledge, strategies, and techniques that allow you to not only find great products to resell, but also to get them at the absolute lowest possible price. This can significantly lower your risk when making buying decisions, almost to the point of zero. You know that you will be able to sell the products for a profit and when you have enough margins built into the products, you will still be profitable even if you have to lower price to due to changing market conditions.One problem that new (and existing) sellers run into is what to sell. Even if they know what to sell, they then need to know where to get it. And even if they know where to get it, they need to know the best way to make their purchases in order to source their products at the absolute lowest possible price.This book will explain how to quickly identify products with great resale potential to buy when shopping online using tools, programs, and apps. We'll discuss many different ways to lower your final purchase price through discounts, coupons, rebates, and more. There are really no limits as to what types of products you can source and from where you can source them. With the tools and apps available to today's online sellers, many have figured out that they do not want to discriminate in what they sell. They will sell anything that is profitable! They just need to be able to quickly identify the salability and margin of an item and then they can decide if the item fits into their individual business model.
Author :Vijay Singal Publisher :Financial Management Association Survey and Synthesis Series ISBN 13 :0195304225 Total Pages :369 pages Book Rating :4.1/5 (953 download)
Book Synopsis Beyond the Random Walk by : Vijay Singal
Download or read book Beyond the Random Walk written by Vijay Singal and published by Financial Management Association Survey and Synthesis Series. This book was released on 2006 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an efficient market, all stocks should be valued at a price that is consistent with available information. But as financial expert Singal points out, there are circumstances under which certain stocks sell at a price higher or lower than the right price. Here he discusses ten such anomalous prices and shows how investors might--or might not--be able to exploit these situations for profit.
Download or read book Arbitrage written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-02 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Arbitrage In the fields of economics and finance, arbitrage refers to the technique of taking advantage of a discrepancy in pricing in two or more markets by striking a combination of matching agreements in order to capitalize on the difference. The profit results from the difference between the market prices at which the unit is traded. A transaction is considered to be an arbitrage when it is employed by academics. An arbitrage is a transaction that does not include a negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state. To put it another way, it is the potential of a risk-free profit after consideration of transaction costs. When there is the prospect of quickly purchasing something at a low price and then selling it at a higher price, for instance, this is an example of an arbitrage opportunity. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Arbitrage Chapter 2: Derivative (finance) Chapter 3: Long-Term Capital Management Chapter 4: Bond (finance) Chapter 5: Futures contract Chapter 6: Equity derivative Chapter 7: Hedge (finance) Chapter 8: Convertible bond Chapter 9: Fixed income Chapter 10: Rational pricing Chapter 11: Convertible security Chapter 12: Corporate bond Chapter 13: Risk arbitrage Chapter 14: Convertible arbitrage Chapter 15: Fixed income arbitrage Chapter 16: Dual-listed company Chapter 17: Limits to arbitrage Chapter 18: Big Mac Index Chapter 19: Reverse convertible securities Chapter 20: Replicating portfolio Chapter 21: Convergence trade (II) Answering the public top questions about arbitrage. (III) Real world examples for the usage of arbitrage in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Arbitrage.
Book Synopsis Merger Arbitrage by : Thomas Kirchner
Download or read book Merger Arbitrage written by Thomas Kirchner and published by John Wiley & Sons. This book was released on 2009-07-01 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed look at an important hedge fund strategy Written by a fund manager who invests solely in merger arbitrage, also referred to as risk arbitrage, and other event-driven strategies, Merger Arbitrage is the definitive book on how this alternative hedge fund strategy works. Initial chapters are dedicated to the ins and outs of the strategy–cash mergers versus stock for stock mergers, legal aspects of mergers, and pitfalls of the merger process–while later chapters focus on giving the reader sound advice for integrating merger arbitrage into an investment portfolio. Merger Arbitrage helps readers understand leverage and options, shorting stocks, and legal aspects of merger arbitrage, including seeking appraisal or filing lawsuits for inadequate merger consideration. For those looking to gain an edge in the merger arbitrage arena, this book has everything they need to succeed. Thomas F. Kirchner, CFA (New York, NY), is the founder and portfolio manager of Pennsylvania Avenue Funds (www.pennavefunds.com), which invests in merger arbitrage and other event-driven strategies.
Book Synopsis Market-Consistent Prices by : Pablo Koch-Medina
Download or read book Market-Consistent Prices written by Pablo Koch-Medina and published by Springer Nature. This book was released on 2020-07-16 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arbitrage Theory provides the foundation for the pricing of financial derivatives and has become indispensable in both financial theory and financial practice. This textbook offers a rigorous and comprehensive introduction to the mathematics of arbitrage pricing in a discrete-time, finite-state economy in which a finite number of securities are traded. In a first step, various versions of the Fundamental Theorem of Asset Pricing, i.e., characterizations of when a market does not admit arbitrage opportunities, are proved. The book then focuses on incomplete markets where the main concern is to obtain a precise description of the set of “market-consistent” prices for nontraded financial contracts, i.e. the set of prices at which such contracts could be transacted between rational agents. Both European-type and American-type contracts are considered. A distinguishing feature of this book is its emphasis on market-consistent prices and a systematic description of pricing rules, also at intermediate dates. The benefits of this approach are most evident in the treatment of American options, which is novel in terms of both the presentation and the scope, while also presenting new results. The focus on discrete-time, finite-state models makes it possible to cover all relevant topics while requiring only a moderate mathematical background on the part of the reader. The book will appeal to mathematical finance and financial economics students seeking an elementary but rigorous introduction to the subject; mathematics and physics students looking for an opportunity to get acquainted with a modern applied topic; and mathematicians, physicists and quantitatively inclined economists working or planning to work in the financial industry.
Book Synopsis No-arbitrage Pricing Beyond Semimartingales by : Christian Bender
Download or read book No-arbitrage Pricing Beyond Semimartingales written by Christian Bender and published by . This book was released on 2006 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Islamic Finance by : Mahmoud A. El-Gamal
Download or read book Islamic Finance written by Mahmoud A. El-Gamal and published by Cambridge University Press. This book was released on 2006-07-03 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of the practice of Islamic finance and the historical roots that define its modes of operation. The focus of the book is analytical and forward-looking. It shows that Islamic finance exists mainly as a form of rent-seeking legal-arbitrage. In every aspect of finance - from personal loans to investment banking, and from market structure to corporate governance - Islamic finance aims to replicate in Islamic forms the substantive functions of contemporary financial instruments, markets, and institutions. By attempting to replicate the substance of contemporary financial practice using pre-modern contract forms, Islamic finance has arguably failed to serve the objectives of Islamic law. This book proposes refocusing Islamic finance on substance rather than form. This approach would entail abandoning the paradigm of 'Islamization' of every financial practice. It would also entail reorienting the brand-name of Islamic finance to emphasize issues of community banking, micro-finance, and socially responsible investment.
Book Synopsis Understanding Arbitrage by : Randall Billingsley
Download or read book Understanding Arbitrage written by Randall Billingsley and published by Pearson Education. This book was released on 2005-10-05 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arbitrage is central both to corporate risk management and to a wide range of investment strategies. Thousands of financial executives, managers, and sophisticated investors want to understand it, but most books on arbitrage are far too abstract and technical to serve their needs. Billingsley addresses this untapped market with the first accessible and realistic guide to the concepts and modern practice of arbitrage. It relies on intuition, not advanced math: readers will find basic algebra sufficient to understand it and begin using its methods. The author starts with a lucid introduction to the fundamentals of arbitrage, including the Laws of One Price and One Expected Return. Using realistic examples, he shows how to identify assets and portfolios ripe for exploitation: mispriced commodities, securities, misvalued currencies; interest rate differences; and more. You'll learn how to establish relative prices between underlying stock, puts, calls, and 'riskless' securities like Treasury bills -- and how these techniques support derivatives pricing and hedging. Billingsley then illuminates options pricing, the heart of modern risk management and financial engineering. He concludes with an accessible introduction to the Nobel-winning Modigliani-Miller theory, and its use in analyzing capital structure.
