By Chainika Thakar Independent event is an important part of mathematics, econometrics and also finance. The events that do not affect each others’ outcomes are the independent events. Particularly speaking about the financial markets’ trading domain, independent events play a significant role. When trading in one of the tradeable items (say, stocks, commodities etc.) of … Read more
By Vivek Krishnamoorthy This post on Bayesian inference is the second of a multi-part series on Bayesian statistics and methods used in quantitative finance. In my previous post, I gave a leisurely introduction to Bayesian statistics and while doing so distinguished between the frequentist and the Bayesian outlook of the world. I dwelt on how each … Read more
By Varun Divakar In this blog on “Understanding the chain rule,” we will learn the math behind the application of chain rule with the help of an example. Table of Contents For those of you who are interested in Neural Networks and Deep Learning, the process of backpropagation is a very important concept which is … Read more
A type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, “renga”. A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the previous brick … Read more