Markowitz’s "Portfolio Selection": A Fifty-Year Retrospective

The concepts of Markowitz`s portfolio theory. The way to find the value of a risky security to add a premium for risk to the pure rate of interest. The followings from the relation between the variance of the return of a portfolio and of its securities.

Рубрика Финансы, деньги и налоги
Предмет Finance
Вид статья
Язык английский
Прислал(а) Ира
Дата добавления 11.08.2013
Размер файла 515,9 K

Отправить свою хорошую работу в базу знаний просто. Используйте форму, расположенную ниже

Студенты, аспиранты, молодые ученые, использующие базу знаний в своей учебе и работе, будут вам очень благодарны.


Подобные документы

  • Study credit channel using clustering and test the difference in mean portfolio returns. The calculated debt-to-capital, interest coverage, current ratio, payables turnover ratio. Analysis of stock market behavior. Comparison of portfolios’ performances.

    курсовая работа [1,5 M], добавлен 23.10.2016

  • Changes in the legal regulation of the clearing, settlement system of securities in Ukraine aimed at harmonizing Ukrainian securities legislation with European and international regulatory standards. Netting regulation in Ukraine. Concepts of securities.

    статья [23,2 K], добавлен 19.09.2017

  • Factors, the causes and consequences of dollarization for Post-Soviet Union countries. Methods of calculation of deposit interest rates. The estimated exchange rate coefficient encompasses two effects: dollar appreciation and foreign exchange operations.

    курсовая работа [669,0 K], добавлен 23.09.2016

  • Fisher Separation Theorem. Consumption Vs. Investment. Utility Analysis. Indifference Curves. The satisfaction levels. Indifference Curves and Trade Off between Present and Future Consumptions. Marginal Rate of Substitution. Capital Market Line.

    презентация [1,5 M], добавлен 22.06.2015

  • Example of a bond valuing. Bond prices and yields. Stocks and stock market. Valuing common stocks. Capitalization rate. Constant growth DDM. Payout and plowback ratio. Assuming the dividend. Present value of growth opportunities. Sustainable growth rate.

    презентация [748,8 K], добавлен 02.08.2013

  • Federalism and the Tax System. Federal Taxes and Intergovernmental Revenues. Tax Reform. The Progressivity of the Tax System. Political Influences on the Tax System. Main principles of US tax system. The importance of Social Security taxes.

    реферат [15,9 K], добавлен 01.12.2006

  • Brief description of PJSC "Kyivenergo". Basic concepts of dividend policy of the company. Practice of forming and assesing the effiiency of dividend policy of the company. The usual scheme of dividend policy formation consists of six main stages.

    курсовая работа [1004,4 K], добавлен 07.04.2015

  • Современный подход к проблеме оценки риска включает два, достаточно различных, дополняющих друг друга, подхода: метод оценки величины под риском VAR (Value At Risk) и метод анализа чувствительности портфеля к изменениям параметров рынка (Stress or Sensiti

    реферат [31,1 K], добавлен 17.04.2005

  • Capital Structure Definition. Trade-off theory explanation to determine the capital structure. Common factors having most impact on firm’s capital structure in retail sector. Analysis the influence they have on the listed firm’s debt-equity ratio.

    курсовая работа [144,4 K], добавлен 16.07.2016

  • Types and functions exchange. Conjuncture of exchange market in theory. The concept of the exchange. Types of Exchanges and Exchange operations. The concept of market conditions, goals, and methods of analysis. Stages of market research product markets.

    курсовая работа [43,3 K], добавлен 08.02.2014

  • The core innovation of post-modern portfolio theory. Total variability of return. Downside risk optimization. Downside frequency, average deviation and magnitude. Main types of formulas for downside risk. Main features of the Sortino and Sharpe ratio.

    реферат [213,9 K], добавлен 15.12.2012

  • Алгоритм и схема написания самоанализа как основного структурного элемента подготовки к аттестации педагогических работников. Анализ содержания блоков педагогической деятельности. Блочная система как один из вариантов оформления методического portfolio.

    методичка [5,1 M], добавлен 20.05.2009

  • Назначение стратегического планирования маркетинга. Проведение Portfolio-анализа для гипотетической фирмы "Полиграфист". Конкурентоспособность и относительные доли рынка, занимаемые компанией. Построение матричных моделей General Electric-МсKinsey и BCG.

    курсовая работа [1,9 M], добавлен 01.05.2011

  • Модули, входящие в пакет программного обеспечения. Project Menagement, Methodology Management, Portfolio Analysis, Timesheets, myPrimavera, Software Development Kit, ProjectLink. Иерархическая структура Primavera и ее взаимосвязь с программой MS Project.

    контрольная работа [9,5 K], добавлен 18.11.2009

  • Charles Darwin, Darwin’s Critters. The Journey Home. The Ride Home. Ideas that Shaped Darwin’s Thinking. Darwin Presents His Case. Publication of On the Origin of Species by Means of Natural Selection. Inherited Variation & Artificial Selection.

    презентация [6,8 M], добавлен 18.10.2013

  • Public choice is an application of neoclassical economic tools. James Buchanan the developer of the Theory of the Public choice. The most important contribution of Public Choice Theory is that it recognizes that politicians are motivated by self interest.

    презентация [273,0 K], добавлен 03.04.2012

  • Russian New Year's tradition. Traditional New Year Menu, how to make the Russian Original Olivier. Symbols of Russian New Year: Ded Moroz and Snegurochka, Street’s decorations. Russian most popular New Year Movie – The Irony of Fate or Enjoy Your Bath!

    презентация [2,5 M], добавлен 25.11.2015

  • Estimation of influence of economic growth, level of incomes of the population, the interest rate, inflation and exchange rate on company Hydrolife activity. Hydrolife Company the company which makes potable water and water with useful minerals.

    реферат [15,8 K], добавлен 31.01.2012

  • The computer systems and unique possibilities for fulfillment before unknown offenses. The main risks and threats to information systems security in the internet. Internet as a port of escape of the confidential information and its damage minimization.

    контрольная работа [19,6 K], добавлен 17.02.2011

  • Theoretical basis recruitment and selection methods: internal or external recruitment, job resume, job interview. Recruitment process design and development. Evaluation of methods of recruitment and selection on example of "Procter and Gamble".

    курсовая работа [73,2 K], добавлен 03.05.2012

Работы в архивах красиво оформлены согласно требованиям ВУЗов и содержат рисунки, диаграммы, формулы и т.д.
PPT, PPTX и PDF-файлы представлены только в архивах.
Рекомендуем скачать работу.