Introduction

This book systematically introduces the important research methods of factor investment from a unified perspective, and provides independent, replicable, and high-quality factor empirical analysis results for the Chinese A-share market. It is a highly practical factor investment manual. The content covers core contents such as the basics of factor investment, methodology, interpretation of mainstream factors, multi-factor models, anomaly research, current status of factor research, and factor investment practice. The book explains statistical methods in a simple and easy-to-understand manner, focusing on empirical analysis, while explaining the practice of factor investing. Although this book involves necessary mathematical formulas, it focuses on the balance between academic rigor and readers' reading experience. It aims to help readers understand the research context of asset prices and master the application of various analytical methods in studying anomalies, factors, and multi-factor models.

Main features

• Solid theoretical foundation
• Rich practical cases
• Clear operating instructions
• Suitable for practical applications

Suitable for the crowd

• Quantitative Analyst
• Algorithmic Trader
• Financial Engineer
• Data Scientist