As Mark Twain said "the art of prophecy is very difficult, especially about the future" (well, actually I am not sure Mark Twain was the first one to say so, but if you're interested by that sentence, you can look here). I have been rather su...

This is Part 4 of a five-part article series, with new parts published each Thursday. You can download the complete article from the Revolution Analytics website. High Quality Graphics, Made Easy R is especially useful for generating charts and graphics, quickly and easily. The ability to create visual plots of complex data is more than just a handy trick;...

The online training provider Statistics.com has three great courses based on R coming up in the next few months: Nov. 5 - Dec. 3: "Graphics in R," with Paul Murrell Nov. 20 – Dec. 18: Support Vector Machines in R" with Dr. Lutz Hamel Dec. 17 - Jan. 22: "Geostatistics in R" with Prof. David Unwin The courses take...

This is sort-of related to my sidelined study of graph algebra. I was thinking about data I could apply a first-order linear difference model to, and the stock market came to mind. After all, despite some black swan sized shocks, what better predicts a day’s closing than the previous day’s closing? So,

All else equal, investors should require higher returns on assets whose liquidity is lower, in other words, investors demand a higher expected return, and hence larger liquidity premium, by holding a less liquidity asset. Risk & return co-exist.Is this really true for corporate bonds? I run a simple regression using R to test my data, where US corporate bonds...