Professor Charlie Cai - Official Website

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Semester 2 Teaching

MAN4260M Asset Pricing and MAN4270M Financial Statement Analysis; Check out the PredictCity Trading Game.

LUBS 5038 Security Market Microstructure.  See you in this summber.  Find out more in this page.


If you are interested in playing the PredictCity trading game, please register on this site for participation.  If you have problem logging in, please email me.

Can you predict GBPUSD?

Go to PredictCity and make your prediction. How to play

Are the UK stock market and economy set for good year in 2015?

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Last Updated ( Friday, 06 February 2015 10:44 )

Stock Index Return Forecast: Information of the Constituents

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Research Update: Forthcoming paper in the Economics Letters, 2012

Aurthors:  Charlie X. CAI, Khine KYAW,Qi ZHANG

We investigate whether the use of component forecasts improve the accuracy of a portfolio forecast which uses only aggregate data.  The results show that the use of component data improves the accuracy of aggregate forecasts.  Furthermore, the long-short trading strategy based on the component forecasts always generates substantially higher returns than the buy-and-hold strategy.

JEL classification: G11, G12, G17

Keywords: Index forecasting, Portfolio strategy, Stock returns.

Download the full paper below.  Your comments are wellcome.

Download this file (Component Forecast 18 Jan 2012.pdf)Component Forecast 18 Jan 2012.pdf[ ]164 Kb
Last Updated ( Monday, 23 January 2012 10:39 )

How to download data from Bankscope

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Last Updated ( Monday, 04 July 2011 14:08 )
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