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Asset Pricing and Investment Styles in Digital Assets

A Comparison with Traditional Asset Classes

Authors:

  • Provides a fundamental understanding of digital assets and digital asset data in a finance research context
  • Includes a variety of easy-to-implement and back tested trading strategies in digital assets
  • Offers a comprehensible research on how to invest in digital assets

Part of the book series: Advanced Studies in Diginomics and Digitalization (ASDD)

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Hardcover Book USD 159.99
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Table of contents (12 chapters)

  1. Front Matter

    Pages i-xx
  2. An Asset Pricer’s Toolkit

    • Tobias Glas
    Pages 7-24
  3. Investment Styles in General

    • Tobias Glas
    Pages 25-39
  4. Related Literature

    • Tobias Glas
    Pages 41-45
  5. Digital Assets

    • Tobias Glas
    Pages 47-93
  6. Digital Assets in a Multi-asset Context

    • Tobias Glas
    Pages 95-113
  7. Investment Styles in Digital Assets

    • Tobias Glas
    Pages 133-146
  8. Risk Factors in Digital Assets

    • Tobias Glas
    Pages 147-174
  9. Are the Results Robust and Still Valid?

    • Tobias Glas
    Pages 187-205
  10. Conclusion

    • Tobias Glas
    Pages 207-211
  11. Back Matter

    Pages 213-339

About this book

This book analyzes the emerging asset class of digital assets. When a new asset class originates, researchers try to understand some basic questions: Can digital assets, with the flagship asset bitcoin, really be considered a serious asset class? Since it is possible to trade digital assets, does it make sense to trade or to invest in these assets? How do digital assets compare to traditional asset classes like equities or bonds?

After describing basic financial theory and breaking down the digital asset universe, this book provides fundamental knowledge with respect to this young and rising asset class. It focuses on special issues like the application of technical indicators, investment styles, asset pricing and portfolio construction. Furthermore, it offers remarks and links to other traditional asset classes and describes and warns of data issues in digital asset data.

Authors and Affiliations

  • University of Bremen, Bremen, Germany

    Tobias Glas

About the author

Tobias Glas is the founder and managing director of the digital asset research and analysis platform crypto-matter.com. Before that he worked at different banks and asset managers in Munich and Frankfurt. In his last position he managed a several hundred million EUR market-neutral credit hedge fund strategy. Tobias holds a PhD from University of Bremen (Germany), where he focused on asset pricing and investment topics in digital assets early on. Before that, he studied Finance at Frankfurt School of Finance and Management (Germany). He also is a CAIA charter holder.

Bibliographic Information

Buy it now

Buying options

eBook USD 119.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 159.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access