Indices, Index Funds And ETFs: Exploring HCI, Nonlinear Risk and Homomorphisms by Michael I. C. NwoguguEnglish | EPUB | 2019 | 710 Pages | ISBN : 1137447001 | 10.35 MB
Indices, index funds and ETFs are grossly inaccurate and inefficient and affect more than €120 trillion worth of securities, debts and commodities worldwide. This book analyzes the mathematical/statistical biases, misrepresentations, recursiveness, nonlinear risk and homomorphisms inherent in equity, debt, risk-adjusted, options-based, CDS and commodity indices – and by extension, associated index funds and ETFs.