Quantitative Finance for Physicists – An Introduction : [PDF Download]

Summary:

Here on this page, we have provided option to read “Quantitative Finance for Physicists – An Introduction PDF” and please feel free to download PDF file for offline reading it from download link Given below to Your Computer/Mobile Storage. For more books from Same Author You can visit books.elsevier.com.

Quantitative Finance for Physicists – An Introduction- Download PDF Book:

“Convertible arbitrage. Convertible bonds are bonds that can be converted into shares of the same company. Convertible bonds often decline less in a falling market than shares of the same company do.

Hence, the idea of the convertible arbitrage is buying convertible bonds and short-selling the underlying stocks. Fixed-income arbitrage. This strategy implies taking long and short positions in different fixed-income securities.

By watching the correlations between different securities, one can buy those securities that seem to become underpriced and sell short those that look overpriced. Mortgage-backed securities (MBS) arbitrage.

MBS is actually a form of fixed income with a prepayment option. Yet, there are so many different MBS that this makes them a separate business. Merger arbitrage. This form of arbitrage involves buying shares of a company that is being bought and short-selling the shares of the buying company.

The rationale behind this strategy is that companies are usually acquired at a premium, which sends down the stock prices of acquiring companies.”

PDF Preview – Read, Think and Grow

REPORT THIS:
Our intention with this initiative is only to help needy people. If the PDF file download link is not working or this PDF Content is Copyright material and if you want to unpublish it, Please REPORT IT.