Quantitative Financial Analysis using SPSS

What Does Quantitative Analysis Mean?

“Financial analysis technique that seeks to understand behavior by using complex mathematical and statistical modeling, measurement and research. By assigning a numerical value to variables, quantitative analysts try to replicate reality mathematically. Quantitative analysis can be done for a number of reasons such as easurement, performance evaluation or valuation of a financial instrument. It can also be used to predict real world events such as changes in a share price. In broad terms, quantitative analysis is simply a way of measuring things. Examples of quantitative analysis include everything from simple financial ratios such as earnings per share,  to something as complicated as discounted cash flow, or option pricing.” Investopedia.com

What does "SPSS" stand for?

“The letters "SPSS" mean something different today than they did when the product was conceived. When SPSS was founded in 1968, SPSS Chairman of the Board Norman H. Nie collaborated with C. Hadlai (Tex) Hull and Dale Bent, two of his fellow Stanford University graduate students, and developed the first SPSS program. They named it "Statistical Package for the Social Sciences," or "SPSS." As the "package" has grown into a multinational product serving a wide variety of users and the business has evolved from its academic roots to becoming a leading enterprise analytical solutions provider today, we simply use the "SPSS Inc." for the company and "SPSS" for the original product.” SPSS Inc.