Smart Momentum The Future of Predictive Analysis in the Financial Markets

by Clark, Hugh

• ISBN13: 9780471486442
• ISBN10: 0471486442
• Edition: 1st
• Format: Hardcover
• Copyright: 2001-08-08
• Publisher: WILEY

Summary

Fast technological advances have allowed investors and traders to make increasingly sophisticated analysis of market momentum. The current trend in the financial world continues towards momentum analysis and Smart Momentum builds on this to create a new and far more reliable method of momentum analysis called "smart momentum". This dependable technique has opened up new possibilities in investment strategy and this book looks at both the theory and the application. The reader is guided through the techniques of smart momentum in clear accessible language. * Hugh Clark has vast investment experience and provides practical and proven examples of smart momentum in practice. * Explains in a highly practical manner the totally new technique developed by the author * Contains a complete worked example of the whole technique

Author Biography

<B>HUGH CLARK</B> is co-founder and Director of TIR Currency Management Limited which manages currency funds on behalf of institutional investors. With many years experience at directorial level, his previous roles have included Director of Inverlat International Limited and Global Head of Derivative Research with Baring Securities Limited. He holds an MA (Hons) degree in Mathematics from the University of Cambridge. <P>

Table of Contents

Part I THEORY	1	(40)
Introduction	3	(4)
Momentum preliminaries	7	(8)
Indicator creation	15	(10)
Indicator selection	25	(6)
Indicator combination	31	(4)
System maintenance	35	(2)
Risk management	37	(2)
Summary	39	(2)
Part II APPLICATION	41	(42)
Spreadsheet preliminaries	43	(2)
How to apply indicator creation	45	(20)
How to apply indicator selection	65	(4)
How to apply indicator combination	69	(8)
Performance and maintenance	77	(6)
APPENDICES
Appendix 1: Excel functions	79	(2)
Appendix 2: Indicator variations	81	(2)
Glossary	83	(8)
Index	91