Learning Quantitative Finance with R (eBook)

The role of a quantitative analyst is very challenging, yet lucrative, so there is a lot of competition for the role in top-tier organizations and investment banks. This book is your go-to resource if you want to equip yourself with the skills required to tackle any real-world problem in quantitative finance using the popular R programming language.

You'll start by getting an understanding of the basics of R and its relevance in the field of quantitative finance. Once you've built this foundation, we'll dive into the practicalities of building financial
models in R. This will help you have a fair understanding of the topics as well as their implementation, as the authors have presented some use cases along with examples that are easy to understand and correlate.

We'll also look at risk management and optimization techniques for algorithmic trading. Finally, the book will explain some advanced concepts, such as trading using machine learning, optimizations, exotic options, and hedging.

By the end of this book, you will have a firm grasp of the techniques required to implement basic quantitative finance models in R.

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Implement machine learning, time-series analysis, algorithmic trading and moreAbout This BookUnderstand the basics of R and how they can be applied in various Quantitative Finance scenariosLearn various algorithmic trading techniques and ways to optimize them using the tools available in R.Contain different methods to manage risk and explore trading using Machine Learning.Who This Book Is ForIf you want to learn how to use R to build quantitative finance models with ease, this book is for you. Analysts who want to learn R to solve their quantitative finance problems will also find this book useful. Some understanding of the basic financial concepts will be useful, though prior knowledge of R is not required.What You Will LearnGet to know the basics of R and how to use it in the field of Quantitative FinanceUnderstand data processing and model building using RExplore different types of analytical techniques such as statistical analysis, time-series analysis, predictive modeling, and econometric analysisBuild and analyze quantitative finance models using real-world examplesHow real-life examples should be used to develop strategiesPerformance metrics to look into before deciding upon any modelDeep dive into the vast world of machine-learning based tradingGet to grips with algorithmic trading and different ways of optimizing itLearn about controlling risk parameters of financial instrumentsIn DetailThe role of a quantitative analyst is very challenging, yet lucrative, so there is a lot of competition for the role in top-tier organizations and investment banks. This book is your go-to resource if you want to equip yourself with the skills required to tackle any real-world problem in quantitative finance using the popular R programming language.You'll start by getting an understanding of the basics of R and its relevance in the field of quantitative finance. Once you've built this foundation, we'll dive into the practicalities of building financial models in R. This will help you have a fair understanding of the topics as well as their implementation, as the authors have presented some use cases along with examples that are easy to understand and correlate.We'll also look at risk management and optimization techniques for algorithmic trading. Finally, the book will explain some advanced concepts, such as trading using machine learning, optimizations, exotic options, and hedging.By the end of this book, you will have a firm grasp of the techniques required to implement basic quantitative finance models in R.Style and approachThis book introduces you to the essentials of quantitative finance with the help of easy-to-understand, practical examples and use cases in R. Each chapter presents a specific financial concept in detail, backed with relevant theory and the implementation of a real-life example.