免费下载书籍地址：PDF下载地址
精美图片
Enhanced Indexing Strategies: Utilizing Futures And Options To Achieve Higher Performance提高标定指数的策略：利用期货与期权实现高业绩书籍详细信息
- ISBN：9780470259252
- 作者：暂无作者
- 出版社：暂无出版社
- 出版时间：2008-11
- 页数：暂无页数
- 价格：447.00
- 纸张：胶版纸
- 装帧：精装
- 开本：16开
- 语言：未知
- 丛书：暂无丛书
- TAG：暂无
- 豆瓣评分：暂无豆瓣评分
内容简介：
Leveraged index investments, including index futures, options, and ETFs, are one of the fastest growing products in finance, as both retail and institutional investors are attracted to their long-term returns and capital efficiency. With Enhanced Indexing Strategies, author Tristan Yates reveals how you can create and build high-performance indexing strategies using derivatives that can potentially generate much higher returns than conventional index investing. In addition, Enhanced Indexing Strategies introduces six innovative long-term indexing strategies using futures and options, each with its own advantages and applications.
Index funds are among the highest performing and most reliable investments available in the marketplace. Over the past several years, literally hundreds of index-related products have been introduced to the marketplace, most designed to provide investors with the capability to mix and match different funds in order to build custom portfolios. At the same time, leveraged investment products for the retail investor—which use borrowed capital to increase the returns within the structure of a passive investment strategy—are also one of the fastest growing products in the financial world. In Enhanced Indexing Strategies, Tristan Yates shows how to successfully combine these products using leveraged indexing to deliver better risk-adjusted returns than conventional approaches.
The idea behind leveraged investing is simple: if long-term investment returns are predictable, then even higher returns can be generated by borrowing and investing the capital over the long term in an index. Using derivatives such as futures and options, Yates reveals it is possible to not only borrow money to invest at a low rate, but also to implement hedging strategies that help reduce the risk of catastrophic losses.
Unlike other books on options trading that tell how to profit from short-term market movements, Enhanced Indexing Strategies uses options positions to capture long-term pricing trends. Using long calls and call spreads, hedging strategies, and LEAP call options—which have been hailed as an industry innovation due to their ability to maintain leverage while managing risk—Yates shows how to implement specific long-term strategies that can capture appreciation in volatile conditions across many years.
In addition to providing six different innovative long-term indexing strategies using futures and options, Yates also offers important advice on managing a leveraged investing portfolio. He covers each critical aspect of portfolio management: selecting indexes and strategies and determining the level of exposure, calculating the expected returns and the possible range of returns, and monitoring the portfolio to ensure that it is performing in accordance to projections. Yates's final piece of advice to investors is simple: get started. Every day you're not invested in an index is a missed opportunity for profits.
作者简介：
Tristan Yates researches and writes about global index investing, leveraged portfolio management, and derivative strategies for many publications, including Futures & Options Trader, Seeking Alpha, and Investopedia, and his articles are distributed through Yahoo! Finance, Forbes, Kiplinger, and MSN Money. An industry expert on leveraged ETFs, his research has been cited in the Wall Street Journal.
书籍目录：
Preface
CHAPTER 1 Owning the Index
The Story of Indexing
Indexing: Strategy or Philosophy?
Active Investment Selection
Index Investing and the Efficient Markets
Reconciling Indexing and Active Investing
Index Risk and Reward
Drift and Noise
Momentum, Mean Reversion, and Market Cycles
Cycles and Regime Change
Understanding Volatility
High Performance Indexes
Small Cap and Value Premium
Stock Migration
Additional Factors
Forecasting Index Returns
Summary
CHAPTER 2 Applying Leverage
Leveraged Investments: Conservation of Risk
Using the Leverage Ratio
Underwater Investments
Debt and Interest Effects
Sources of Leverage.
Margin Loans
Futures
Options
Example: Synthetics
Other Debt Sources
Managing a Leveraged Portfolio
Portfolio Sizing
Portfolio Allocations
Rebalancing with Leverage
Dollar Cost Averaging and Liquidity Preference
Reinvesting Leveraged Gains
Summary
CHAPTER 3 Indexing with Synthetics and Futures
Asset Allocation
Index Portfolio Returns
Applying Leverage
Holding Synthetic Positions
Transaction Costs
Expected Returns and Reinvestment
Adding Portfolio Volatility
Random Scenarios with Monte Carlo
Margin Calls
Substituting Futures
Summary
CHAPTER 4 Capturing Index Appreciation with Calls
Intuitive Option Pricing
Options as Potential Liabilities
Strike Prices
Time and Volatility
Dividends and Interest Rates
Following an Option
Risk Components of Various Options
Capturing Appreciation with Options
Daily Cost of Options
Volatility Skew
Uneven Appreciation
Option Analysis
Marginal Returns—Extending Time or Lowering Strike
Out-of-the-Money
Monthly Returns of Calls
More about Volatility
Summary
CHAPTER 5 Leveraged Covered Calls with Futures
CHAPTER 6 Rolling LEAPS Call Options Explained.
CHAPTER 7 Long-Term Returns Using Rolled LEAPS
CHAPTER 8 Long and Short Profits with Call Spreads
CHAPTER 9 Cycling Earnings Using Spread Positions
CHAPTER 10 Practical Hedging with Put Spreads
CHAPTER 11 LEAPS Puts and Three Ways to Profit
CHAPTER 12 Managing the Leveraged Multistrategy Portfolio.
Summary
Final Words
APPENDIX List of Index ETFs and Futures
About the Author
Index
作者介绍：
暂无相关内容，正在全力查找中
出版社信息：
暂无出版社相关信息，正在全力查找中！
书籍摘录：
暂无相关书籍摘录，正在全力查找中！
在线阅读/听书/购买/PDF下载地址：
原文赏析：
暂无原文赏析，正在全力查找中！
其它内容：
暂无其它内容！
书籍真实打分
故事情节：8分
人物塑造：5分
主题深度：4分
文字风格：9分
语言运用：4分
文笔流畅：5分
思想传递：4分
知识深度：4分
知识广度：6分
实用性：9分
章节划分：5分
结构布局：4分
新颖与独特：5分
情感共鸣：4分
引人入胜：3分
现实相关：6分
沉浸感：5分
事实准确性：9分
文化贡献：5分
网站评分
书籍多样性：3分
书籍信息完全性：5分
网站更新速度：8分
使用便利性：6分
书籍清晰度：3分
书籍格式兼容性：9分
是否包含广告：5分
加载速度：8分
安全性：6分
稳定性：7分
搜索功能：4分
下载便捷性：7分
下载点评
- 简单(484+)
- 排版满分(603+)
- 已买(609+)
- 无盗版(628+)
- 强烈推荐(318+)
- 无广告(356+)
下载评价
网友 曾***文：五星好评哦
网友 仰***兰：喜欢！很棒！！超级推荐！
网友 詹***萍：好评的，这是自己一直选择的下载书的网站
网友 苍***如：什么格式都有的呀。
网友 索***宸：书的质量很好。资源多
网友 居***南：请问，能在线转换格式吗？
网友 马***偲：好 很好 非常好 无比的好 史上最好的
网友 相***儿：你要的这里都能找到哦！！！
网友 宫***玉：我说完了。
网友 利***巧：差评。这个是收费的
网友 扈***洁：还不错啊，挺好