Quantitative Analysis or Quant is a prodedure that tries to understand the behavior or Financial Markets using only mathematics. Quant rely upon statistical modeling, measurement, and research to predict the direction and speed of financial markets.

Analysis of a situation or event, especially a financial market, by means of complex mathematical and statistical modelling.

Dictionary Definition of Quantitative Analysis.

Quantitative analysis is employed for several reasons, including measurement, performance evaluation or valuation of a financial instrument, and predicting real-world events, such as changes in a country’s gross domestic product (GDP).