Asset Pricing and Investment Styles in Digital Assets
This book analyzes the emerging asset class of digital assets. When a new asset class originates, researchers try to understand some basic questions: Can digital assets, with the flagship asset bitcoin, really be considered a serious asset class? Since it is possible to trade digital assets, does it make sense to trade or to invest in these assets? How do digital assets compare to traditional asset classes like equities or bonds?
After describing basic financial theory and breaking down the digital asset universe, this book provides fundamental knowledge with respect to this young and rising asset class. It focuses on special issues like the application of technical indicators, investment styles, asset pricing and portfolio construction. Furthermore, it offers remarks and links to other traditional asset classes and describes and warns of data issues in digital asset data.
Chapter 1. The Emergence of a New Asset Class: Digital Assets
Chapter 2. An Asset Pricer's ToolkitChapter 3. Investment Styles in General
Chapter 4. Related Literature
Chapter 5. Digital Assets
Chapter 6. Digital Assets in a Multi-asset Context
Chapter 7. On the Effectiveness of Technical Indicators in Digital Assets
Chapter 8. Investment Styles in Digital Assets
Chapter 9. Risk Factors in Digital Assets
Chapter 10. How to Incorporate Characteristics into the Portfolio Construction Process
Chapter 11. Are the Results Robust and Still Valid?
Chapter 12. Conclusion.
Glas, Tobias
| ISBN | 978-3-030-95694-3 |
|---|---|
| Artikelnummer | 9783030956943 |
| Medientyp | Buch |
| Auflage | 1st ed. 2022 |
| Copyrightjahr | 2022 |
| Verlag | Springer, Berlin |
| Umfang | XX, 339 Seiten |
| Abbildungen | XX, 339 p. 14 illus. |
| Sprache | Englisch |
