![]() ![]() What is Modern Portfolio Theory (MPT) Modern Portfolio Theory was pioneered by Harry Markowitz in a paper published by the Journal of Finance in 1952. Portfolio Optimization should result in an Efficient Portfolio that will be generating the highest possible return at the set risk tolerance. It aims at creating a balanced portfolio that will yield the maximum possible return while maintaining the amount of risk that the investor is willing to carry. The sheet Main from which is launched the simulation, and where data and results are displayed. ![]() The sheet Portfolio Views in which the user enters his initial portfolio, as well as the Pick and Q matrices. ![]() Why use VBA Because it is a language mainly used by financial practitioners.Ĭalculations inherent to Black -Litterman model are not extremely heavy and do not require a high computing power. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
January 2023
Categories |