Portfolio Analytics [electronic resource] : An Introduction to Return and Risk Measurement / by Wolfgang Marty.
Tipo de material: TextoSeries Springer Texts in Business and Economics | Springer Texts in Business and EconomicsEditor: Cham : Springer International Publishing : Imprint: Springer, 2013Descripción: XII, 200 p. 53 illus., 14 illus. in color. online resourceTipo de contenido:- text
- computer
- online resource
- 9783319035093
- SpringerLink (Online service)
- 657.8333 23
- 658.152 23
- Libro electrónico
- HG4501-6051
- HG1501-HG3550
1. Introduction -- 2. Return analysis -- 3. Risk Measurement -- 4. Performance Measurements -- 5. Investment Controlling.
This textbook first introduces the reader to return measurement and then goes on to compare the time-weighted rate of return (TWR) with the money-weighted rate of return (MWR). To emphasize the importance of risk in conjunction with return, different tracking errors are analyzed and ex-post versus ex-ante risk figures are compared. The author then proceeds to modern portfolio theory (MPT) and illustrates how the constraints interfere substantially in the construction of optimized portfolios. As a conclusion, the book provides the reader with all the essential aspects of investment controlling.
ZDB-2-SBE
No hay comentarios en este titulo.