FIN 424
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Capital and Security Markets
Course Description
How investors, market frictions, and financial institutions affect security prices, compensation for risk, and return patterns in capital and security markets. An analytical framework and quantitative tools to better analyze and understand capital markets.
When Taught
Contact Department
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Title
Mispricing
Learning Outcome
Explain how trading costs, short-selling constraints, and institutional structure affect the ability of investors to correct mispricing.
Title
Trading Strategies
Learning Outcome
Articulate how to create trading strategies.
Title
Backtesting
Learning Outcome
Backtest trading strategies using historical data. This includes performing risk based benchmarking and identifying historical mispricing.
Title
Assess Potential
Learning Outcome
Use historical backtesting, statistical inference, and the limits to arbitrage framework to assess the potential of proposed trading strategies.
