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With the 2010 World Cup kicking off in less than four weeks, financial analysts at JP Morgan have crunched the numbers and come up with a bold conclusion – England will win football's biggest prize for the first time in 44 years.
Matthew Burgess and Marco Dion made the claim this morning, as an illustration of how 'Quant methodology' (the use of mathematical data to evaluate investment opportunities) can be applied to the real world.
Burgess and Dion took mathematical models created to assess stocks, and instead plugged in data on Fifa rankings, historical football results, and the latest bookmakers' odds. And despite concern over the state of Wayne Rooney's groin, Ledley King's knee and Gareth Barry's ankle, the pair predicted in a note to City investors that the Three Lions would maul Spain in the final on 11 July, with Holland coming third.
"Having developed a rather successful Quant Model over the years, we intend to introduce it to our readers and also use its methodology to apply it to a fruitful field for statistics: Football and the World Cup," they wrote.
JP Morgan added that they believe Brazil to be the strongest team taking part in the tournament. However, due to the fixture schedule, their model predicts overall victory for England – who will play Algeria, Slovenia and the USA in the group stages of the tournament.
Based on today's odds at Betfair, England are third favourite to lift the trophy, with Spain the punters' top pick ahead of Brazil.
Burgess and Dion also admitted that their work should be taken "with a pinch of salt", but insisted that the upcoming World Cup was "an ideal opportunity to light-heartedly explain quantitative techniques and demystify the typical Quant framework."
Given that Quant methodology is used widely in the City, there could be red faces at JP Morgan (and a few concerned investors) if England should crash out of the tournament on 23 June in a shock defeat to Slovenia.
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Matthew Burgess and Marco Dion made the claim this morning, as an illustration of how 'Quant methodology' (the use of mathematical data to evaluate investment opportunities) can be applied to the real world.
Burgess and Dion took mathematical models created to assess stocks, and instead plugged in data on Fifa rankings, historical football results, and the latest bookmakers' odds. And despite concern over the state of Wayne Rooney's groin, Ledley King's knee and Gareth Barry's ankle, the pair predicted in a note to City investors that the Three Lions would maul Spain in the final on 11 July, with Holland coming third.
"Having developed a rather successful Quant Model over the years, we intend to introduce it to our readers and also use its methodology to apply it to a fruitful field for statistics: Football and the World Cup," they wrote.
JP Morgan added that they believe Brazil to be the strongest team taking part in the tournament. However, due to the fixture schedule, their model predicts overall victory for England – who will play Algeria, Slovenia and the USA in the group stages of the tournament.
Based on today's odds at Betfair, England are third favourite to lift the trophy, with Spain the punters' top pick ahead of Brazil.
Burgess and Dion also admitted that their work should be taken "with a pinch of salt", but insisted that the upcoming World Cup was "an ideal opportunity to light-heartedly explain quantitative techniques and demystify the typical Quant framework."
Given that Quant methodology is used widely in the City, there could be red faces at JP Morgan (and a few concerned investors) if England should crash out of the tournament on 23 June in a shock defeat to Slovenia.
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