Wednesday, June 12, 2013

MoneyScience News

MoneyScience News


Blog Post: TheFinancialServicesClub: Why insurance is so boring (and why it needn't be)

Posted: 12 Jun 2013 03:09 AM PDT

I began life in finance in insurance, taking the insurance exams and gaining a professional qualification.  I’m still a Chartered Insurance Practitioner today, even though the sector leaves me cold.read more...

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Blog Post: TheAlephBlog: One Small Victory versus Stock Promotion

Posted: 11 Jun 2013 09:58 PM PDT

Okay, here’s the promoted stock scoreboard:read more...

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Blog Post: WealthandCapitalMarketsBlog: Tokyo Roundtable 2013: The Capital Markets Revolution in Japan and Asia

Posted: 11 Jun 2013 06:37 PM PDT

Tokyo, home to Asia’s largest capital markets, is also wonderful in May, and was a perfect location for two recent Celent roundtables.read more...

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Published / Preprint: Phase Transition in the S&P Stock Market. (arXiv:1306.2508v1 [q-fin.ST])

Posted: 11 Jun 2013 05:38 PM PDT

We analyze the stock prices of the S&P market from 1987 until 2012 with the covariance matrix of the firm returns determined in time windows of several years. The eigenvector belonging to the leading eigenvalue (market) exhibits in its long term time dependence a phase transition with an order parameter which can be interpreted within an agent-based model. From 1995 to 2005 the market is in...

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