2.18. A special case of the fundamental law is related to the idea that independent forecasts with...

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2.18. A special case of the fundamental law is related to the idea that independent forecasts with informational value can improve the power of the overall forecasts. Suppose that you and your QEPM department decided to forecast the equity markets every month. The choices are market up, market down, or market flat. You collected the forecasts of every participant and then constructed the QEPM department’s

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Quantitative Equity Portfolio Management

ISBN: 9780071459396

1st Edition

Authors: Ludwig B Chincarini, Daehwan Kim

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