This book provides an investor-friendly presentation of the premises and
applications of the quantitative finance models governing investment in
one asset class of publicly traded stocks, specifically real estate
investment trusts (REITs). The models provide highly advanced analytics
for REIT investment, including:
- portfolio optimization using both historic and predictive return
estimation;
- model backtesting;
- derivative valuation;
- and incorporating ESG ratings into REIT investment.
These quantitative finance models are presented in a unified framework
consistent with dynamic asset pricing (rational finance). Given its
scope and practical orientation, this book will appeal to investors
interested in portfolio optimization and innovative tools for investment
risk assessment.