Customer Reviews

Statistical Analysis of Financial Data in S-PLUS

5 star:		(3)
4 star:		(1)
3 star:		(0)
2 star:		(1)
1 star:		(2)

 

 

I took Prof. Carmona's class at Princeton using lecture notes from which the book is directly derived. I can say that I had no better experience than this class, and it truly gave the layman (that would be me) a great feel for basic and intermediate statistical techniques and analysis. Prof. Carmona's intention, as he stated at the beginning of the course was to give us a "license to practice statistics" and I think successful study of this book will give you just that.

It is very useful. If you do not have much experience in S plus programming. It combines Statistics and Finance perfectly. Definitely helps a lot!!

while I agree that Prof Carmona should have made the dataset available upon launching the book (...), I think you guys should have taken the time to email him and just ask for it, which I did.

Besides this book is just what the doctor ordered for those us fluent in S-Plus and that have adopted it as tool of choice to perform empirical finance work.

I rate this book 4 stars.

The links to datasets and software don't work. If you read the preface online at Springer you will be misleaded thinking that the author will maintain a site with the data and software used in the book. In fact if you will need to buy finmetrics(Splus module) to reproduce the examples.
I don't recommend.

I got this book thinking that since I use S-plus as a derivatives trader at a Bulge Bracket I-bank, how great it is that a Princeton Professor would use this statistical software package to do all sort of analysis of Financial Time Series.

Sorry to say that all the datasets that he refers to in the book and that are necessary to do the problem sets are not available. The webpage he constantly refers to in the book just does not work, and none of the other links on his homepage refer you to the datasets.

Don't buy this unless you want to waste your money.

The book was completely brand new. The shipping decent, so overall a pretty great purchase.

After spending big money for this book, I was shocked I had to shell out even more money to get the data and S-plus scripts. Her book is like an old style teaser. Don't get suckered in.