This is a summary of links featured on Quantocracy on Saturday, 09/01/2018. To see our most recent links, visit the Quant Mashup. Read on readers!
-
Beta herding [SR SV]Beta herding means convergence of market betas of individual stocks that arises from investors biased perceptions. Adverse beta herding denotes the dispersion of such betas that arises from a reversal of the bias. A new paper suggests that overconfidence in predictions of overall market direction and positive sentiment are key drivers of beta convergence, while uncertainty and negative
-
R Code Best practices [R Trader]Nothing is more frustrating than a long piece of code with no standard way of naming elements, presenting code or organizing files. Its not only unreadable but more importantly not reusable. Unfortunately, unlike other programming languages, R has no widely accepted coding best practices. Instead there has been various attempts to put together a few sets of rules. This post is trying to fill