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Euro Bonds: Markets, Infrastructure And Trends - Sergio Ortobelli - Bog - World Scientific Publishing Co Pte Ltd - Plusbog.dk

Stock Market Crashes: Predictable And Unpredictable And What To Do About Them - Mikhail Zhitlukhin - Bog - World Scientific Publishing Co Pte Ltd -

Stock Market Crashes: Predictable And Unpredictable And What To Do About Them - Mikhail Zhitlukhin - Bog - World Scientific Publishing Co Pte Ltd -

'Overall, the book provides an interesting and useful synthesis of the authorsaEURO (TM) research on the predictions of stock market crashes. The book can be recommended to anyone interested in the Bond Stock Earnings Yield Differential model, and similar methods to predict crashes.'Quantitative FinanceThis book presents studies of stock market crashes big and small that occur from bubbles bursting or other reasons. By a bubble we mean that prices are rising just because they are rising and that prices exceed fundamental values. A bubble can be a large rise in prices followed by a steep fall. The focus is on determining if a bubble actually exists, on models to predict stock market declines in bubble-like markets and exit strategies from these bubble-like markets. We list historical great bubbles of various markets over hundreds of years.We present four models that have been successful in predicting large stock market declines of ten percent plus that average about minus twenty-five percent. The bond stock earnings yield difference model was based on the 1987 US crash where the S&P 500 futures fell 29% in one day. The model is based on earnings yields relative to interest rates. When interest rates become too high relative to earnings, there almost always is a decline in four to twelve months. The initial out of sample test was on the Japanese stock market from 1948-88. There all twelve danger signals produced correct decline signals. But there were eight other ten percent plus declines that occurred for other reasons. Then the model called the 1990 Japan huge -56% decline. We show various later applications of the model to US stock declines such as in 2000 and 2007 and to the Chinese stock market. We also compare the model with high price earnings decline predictions over a sixty year period in the US. We show that over twenty year periods that have high returns they all start with low price earnings ratios and end with high ratios. High price earnings models have predictive value and the BSEYD models predict even better. Other large decline prediction models are call option prices exceeding put prices, Warren Buffett's value of the stock market to the value of the economy adjusted using BSEYD ideas and the value of Sotheby's stock. Investors expect more declines than actually occur. We present research on the positive effects of FOMC meetings and small cap dominance with Democratic Presidents. Marty Zweig was a wall street legend while he was alive. We discuss his methods for stock market predictability using momentum and FED actions. These helped him become the leading analyst and we show that his ideas still give useful predictions in 2016-2017. We study small declines in the five to fifteen percent range that are either not expected or are expected but when is not clear. For these we present methods to deal with these situations.The last four January-February 2016, Brexit, Trump and French elections are analzyed using simple volatility-S&P 500 graphs. Another very important issue is can you exit bubble-like markets at favorable prices. We use a stopping rule model that gives very good exit results. This is applied successfully to Apple computer stock in 2012, the Nasdaq 100 in 2000, the Japanese stock and golf course membership prices, the US stock market in 1929 and 1987 and other markets. We also show how to incorporate predictive models into stochastic investment models.

DKK 1088.00
1

Physics In A Mad World - Misha Shifman - Bog - World Scientific Publishing Co Pte Ltd - Plusbog.dk

Physics In A Mad World - Misha Shifman - Bog - World Scientific Publishing Co Pte Ltd - Plusbog.dk

This book tells captivating stories of misadventures of two renowned theoretical physicists in the Soviet Union. The first part is devoted to Friedrich (Fritz) Houtermans, an outstanding Dutch–Austrian–German physicist who was the first to suggest that the source of stars' energy is thermonuclear fusion, and also made a number of other important contributions to cosmochemistry and geochemistry. In 1935, Houtermans, a German communist, in an attempt to save his life from Hilter's Gestapo, fled to the Soviet Union. He took up an appointment at the Kharkov Physico-Technical Institute, working there for two years with the Russian physicist Valentin P Fomin. In the Great Purge of 1937, Houtermans was arrested in December by the NKVD (Soviet Secret Police, KGB's predecessor). He was tortured, and confessed to being a Trotskyist plotter and German spy, out of fear of threats against his wife Charlotte. However, Charlotte had already escaped from the Soviet Union to Denmark, after which she went to England and finally the USA. As a result of the Hilter–Stalin Pact of 1939, Houtermans was turned over to the Gestapo in May 1940 and imprisoned in Berlin. The second part consists of two essays that narrate the life story of Yuri Golfand, one of the codiscoverers of supersymmetry, a major discovery in theoretical physics in the 20th century. In 1973, just two years after the publication of his seminal paper, he was fired from the Lebedev Physics Institute in Moscow. Because of his Jewish origin he could find no job. Under such circumstances, he applied for an exit visa to Israel, but his application was denied. Yuri Golfand became a refusnik and joined the Human rights movement, along with two other prominent physicists, Andrei Sakharov and Yuri Orlov. To earn his living, he had to do manual work, repeatedly being intimidated by KGB. Only 18 years later, shortly before the demise of the Soviet Union, did he obtain permission to leave the country, emigrating to Israel in 1990. These personal life stories of two outstanding theorists are interwined with the tragedies of the 20th century and make for compelling reading.

DKK 628.00
1

Physics In A Mad World - Misha (univ Of Minnesota Shifman - Bog - World Scientific Publishing Co Pte Ltd - Plusbog.dk

Physics In A Mad World - Misha (univ Of Minnesota Shifman - Bog - World Scientific Publishing Co Pte Ltd - Plusbog.dk

This book tells captivating stories of misadventures of two renowned theoretical physicists in the Soviet Union. The first part is devoted to Friedrich (Fritz) Houtermans, an outstanding Dutch–Austrian–German physicist who was the first to suggest that the source of stars' energy is thermonuclear fusion, and also made a number of other important contributions to cosmochemistry and geochemistry. In 1935, Houtermans, a German communist, in an attempt to save his life from Hilter's Gestapo, fled to the Soviet Union. He took up an appointment at the Kharkov Physico-Technical Institute, working there for two years with the Russian physicist Valentin P Fomin. In the Great Purge of 1937, Houtermans was arrested in December by the NKVD (Soviet Secret Police, KGB's predecessor). He was tortured, and confessed to being a Trotskyist plotter and German spy, out of fear of threats against his wife Charlotte. However, Charlotte had already escaped from the Soviet Union to Denmark, after which she went to England and finally the USA. As a result of the Hilter–Stalin Pact of 1939, Houtermans was turned over to the Gestapo in May 1940 and imprisoned in Berlin. The second part consists of two essays that narrate the life story of Yuri Golfand, one of the codiscoverers of supersymmetry, a major discovery in theoretical physics in the 20th century. In 1973, just two years after the publication of his seminal paper, he was fired from the Lebedev Physics Institute in Moscow. Because of his Jewish origin he could find no job. Under such circumstances, he applied for an exit visa to Israel, but his application was denied. Yuri Golfand became a refusnik and joined the Human rights movement, along with two other prominent physicists, Andrei Sakharov and Yuri Orlov. To earn his living, he had to do manual work, repeatedly being intimidated by KGB. Only 18 years later, shortly before the demise of the Soviet Union, did he obtain permission to leave the country, emigrating to Israel in 1990. These personal life stories of two outstanding theorists are interwined with the tragedies of the 20th century and make for compelling reading.

DKK 300.00
1