周教授CFA金融课程：2019 CFA Level 1 Quantitative Methods

STUDY SESSION 2 Quantitative Methods (1)

This study session introduces quantitative concepts and techniques used in financial analysis and investment decision making. The time value of money and discounted cash flow analysis form the basis for cash flow and security valuation. Descriptive statistics used for conveying important data attributes such as central tendency, location, and dispersion are presented. Characteristics of return distributions such as symmetry, skewness, and kurtosis are also introduced. Finally, all investment forecasts and decisions involve uncertainty: Therefore, probability theory and its application quantifying risk in investment decision making is considered.

Reading 9 Probability Concepts

STUDY SESSION 3 Quantitative Methods (2)

This study session introduces the common probability distributions used to describe the behavior of random variables, such as asset prices and returns. How to estimate measures of a population (mean, standard deviation) based on a population sample is shown. A framework for hypothesis testing, used for validating dataset hypotheses, follows, along with techniques to test a hypothesis. The session ends with coverage of technical analysis, a set of tools that uses asset price, trading volume, and other similar data for making investment decisions.

READING ASSIGNMENTS

Quantitative Methods 定量分析