Fundamental quantification is an important investment strategy for obtaining excess returns in the era of artificial intelligence. It circumvents the human weakness of traditional subjective stock investment in chasing ups and downs, and prevents the collapse of quantitative models caused by excessive data mining. It has become a popular investment method in recent years. This book uses quantitative analysis methods to backtest 22 years of data from the Chinese stock market from the end of 1998 to the end of 2020. It displays the empirical results of 53 commonly used and effective single-factor and 31 multi-factor investment strategies. It demonstrates step by step how to construct a fundamental quantitative investment strategy, which helps investors build an investment system that can be practiced correctly and avoid personal To overcome the losses and damage caused by negative influences such as emotions, media noise and herding effect, adopt investment strategies that have higher long-term returns, better relative performance, and a higher probability of beating the performance benchmark, and abandon investment strategies that have poor long-term returns, poor relative performance, low probability of beating the performance benchmark, and are in a huge retracement range in the long term to achieve long-term compound interest growth in wealth.
Reader comments
The fundamental quantitative investment strategies mentioned in this book resonated with me very much. It is like a practical guide for investors. Just like when I face the decision of getting married, I also need to consider various factors comprehensively. This book teaches us to avoid emotional decision-making and make smarter choices through data analysis and quantitative models. Moreover, I admire the author's persistence and self-discipline. He spent three years researching that this spirit is also very important in life. I think whether it is investment or life, we need this kind of perseverance to achieve success. 💪
A super practical investment book that can be supported by the author's 22 years of data backtesting and guide you in multi-factor modeling. Even a veteran like me has reference value. Highly recommended, worth a look!
The fundamental quantitative investment strategies mentioned in this book resonated with me very much. It is like a practical guide for investors. Just like when I face the decision of getting married, I also need to consider various factors comprehensively. This book teaches us to avoid emotional decision-making and make smarter choices through data analysis and quantitative models. Moreover, I admire the author's persistence and self-discipline. He spent three years researching that this spirit is also very important in life. I think whether it is investment or life, we need this kind of perseverance to achieve success. 💪
A super practical investment book that can be supported by the author's 22 years of data backtesting and guide you in multi-factor modeling. Even a veteran like me has reference value. Highly recommended, worth a look!
Learn something
Not bad, analyzed carefully.
It's okay. It's a good book for beginners.