TY  - BOOK
AU  - Zhang,Michael
AU  - Lu,Tao
AU  - Shi,Chuan
TI  - Navigating the factor zoo: the science of quantitative investing 
SN  - 9781003480204
U1  - 332.63/2042 23
PY  - 2025///
CY  - Abingdon, Oxon, New York, NY
PB  - Routledge
KW  - Investment analysis
KW  - Mathematical models
KW  - Asset allocation
KW  - Investments
N1  - Factor Investing -- Quantamentals -- Statistical Moments as Factors -- Market Beta -- Technical Analysis Factors -- Microstructure and Liquidity -- Tail Risk -- Behavioral Finance -- Option Information -- Uncertainty -- Alternative Data -- Machine Learning in Factor Investing
N2  - "Bridging the gap between theoretical asset pricing and industry practices in factors and factor investing, Zhang et al. provides a comprehensive treatment of factors, along with industry insights on practical factor development. Chapters cover a wide array of topics, including the foundations of quantamentals, the intricacies of market beta, the significance of statistical moments, the principles of technical analysis, and the impact of market microstructure and liquidity on trading. Furthermore, it delves into the complexities of tail risk and behavioral finance, revealing how psychological factors affect market dynamics. The discussion extends to the sophisticated use of option trading data for predictive insights and the critical differentiation between outcome uncertainty and distribution uncertainty in financial decision-making. A standout feature of the book is its examination of machine learning's role in factor investing, detailing how it transforms data preprocessing, factor discovery, and model construction. Overall, this book provides a holistic view of contemporary financial markets, highlighting the challenges and opportunities in harnessing alternative data and machine learning to develop robust investment strategies. This book would appeal to investment management professionals and trainees. It will also be of use to graduate and upper undergraduate students in quantitative finance, factor investing, asset management and/or trading"--
UR  - https://www.taylorfrancis.com/books/9781003480204
ER  -