Book
Statistics and Data Analysis for Investing and Trading
A full textbook by John M. Charles, MS, Statistician, in the works: the statistics behind sound investing and trading decisions, taught the way a college course teaches it, with worked examples drawn from real market numbers.
Available Soon
What it will cover
- Returns and risk: volatility, drawdowns, volatility drag, and risk-adjusted performance, computed step by step.
- Valuation from the numbers up: cash flow models, multiples, and the growth rate already priced into a stock.
- Backtests without self-deception: significance, base rates, sample sizes, and why most track records prove less than they claim.
- Portfolio math: correlation, diversification, position sizing, and the Kelly criterion in practical form.
Designed like a real college textbook: chapters with worked examples, key numbers, and exercises at the end of each chapter. In writing now. Join the email list to hear when it ships.