Statistical Arbitrage in the U.S. Equities Market Marco Avellaneda∗† and Jeong-Hyun Lee∗ First draft: July 11‚ 2008 This version: June 15‚ 2009 Abstract We study model-driven statistical arbitrage in U.S. equities. The trading signals are generated in two ways: using Principal Component Analysis and using sector ETFs. In both cases‚ we consider the residuals‚ or idiosyncratic components of stock returns‚ and model them as mean-reverting processes. This leads naturally to “contrarian” trading
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CHAPTER I INTRODUCTION 1.1 INTRODUCTION TO MERGER AND ACQUISITION (M&A) Mergers and acquisitions (abbreviated M&A) is an aspect of corporate strategy‚ corporate finance and management dealing with the buying‚ selling‚ dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin‚ or a new field or new location‚ without creating a subsidiary‚ other child entity or using a joint venture. The distinction between
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CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND SIWES was established by ITF in 1973 to solve the problem of lack of adequate practical skills preparatory for employment in industries by Nigerian graduates of tertiary institutions. The Scheme exposes students to industry based skills necessary for a smooth transition from the classroom to the world of work. It affords students of tertiary institutions the opportunity of being familiarized and exposed to the needed experience in handling machinery
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Pergamon PII: European Management Journal Vol. 19‚ No. 3‚ pp. 239–253‚ 2001 2001 Elsevier Science Ltd. All rights reserved Printed in Great Britain S0263-2373(01)00021-4 0263-2373/01 $20.00 + 0.00 HR Issues and Activities in Mergers and Acquisitions RANDALL SCHULER‚ Rutgers University‚ New Jersey SUSAN JACKSON‚ Rutgers University‚ New Jersey Mergers and acquisitions are increasingly being used by firms to strengthen and maintain their position in the market place. They are seen by many
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Controlled Companies in the Standard & Poor’s 1500: A Ten Year Performance and Risk Review October 2012 The analyses‚ opinions and perspectives herein are the sole responsibility
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Apple from the iPod to the iPad A Case Study in Corporate Strategy Second Edition 2012 Dr John Ashcroft PhD BSc.(Econ) CBIM‚ FRSA Foreword John Ashcroft Contents Apple from the iPod to the iPad This is the case study of Apple in the digital age. The great era of the iPod‚ the development of the digital hub and Apple’s move into the mainstream consumer market with the iPod‚ the iPhone and the iPad. 1 Introduction It has many great examples and lessons for enthusiasts of marketing‚ leadership
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Wireless LAN Design Guide for High Density Client Environments in Higher Education Design Point #1: Establish and Validate a Per-Connection Bandwidth Requirement Design Point #2: Calculate the Aggregate Throughput Required for the Coverage Area 6 7 Design Point #3: Choose a High Minimum Data Rate to Support Increased E ciency‚ 14 Design point #4: 5 GHz Support will be Critical for High Density‚ so Determine the Channel Plan that you will Support and How it will be Administered Design
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OMEGA APSIDE - 0WS Optical Wireless Switch Card: OWS Firmware for VLC OMEGA Project Contractual Date of Delivery to the CEC: M12 Actual Date of Delivery to the CEC: Author(s): Workpackage: Security: Nature: Version: Total number of pages: Eric Gueutier (APSIDE) WP4 CO Report 1.0 48 Abstract: This internal deliverable presents the OWS firmware for the HWO prototype 1 (VLC part). Keyword list: Optical Wireless‚ OW‚ HWO‚ Hybrid Wireless Optic‚ VLC‚ Visible Light Communication‚ IRC‚ Infra
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Comcast Corporation is the nation’s leading provider of cable‚ entertainment and communications products and services‚ with 24.1 million cable customers‚ 12.4 million high-speed Internet customers and 3.5 million voice customers. Comcast is principally involved in the development‚ management and operation of broadband cable networks and in the delivery of programming content. Comcast provides a wide variety of consumer products and services: Video - Comcast is the nation’s largest video provider
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PART 2 REQUIREMENT SPECIFICATIONS CONTENTS 1. OVERVIEW 3 2. OBJECTIVES 3 3. SCOPE OF TENDER 4 4. SCOPE OF WORK 4 5. GENERAL REQUIREMENTS 6 6. SYSTEM PERFORMANCE REQUIREMENTS 7 7. ESTABLISHMENT OF CONTRACT 7 8. REQUIREMENTS ON STANDARDS & PROCEDURES 8 9. SYSTEM SECURITY & AUDIT 9 10. EXPERIENCE OF TENDERER 10 11. REFERENCE SITES 10 12. PROJECT MANAGEMENT 10 13. DESIGN OF APPLICATION SOFTWARE 12 14. DEVELOPMENT FACILITIES REQUIREMENTS 14 15
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