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Vast Portfolio Selection with Gross-exposure Constraints()

We introduce the large portfolio selection using gross-exposure constraints. We show that with gross-exposure constraint the empirically selected optimal portfolios based on estimated covariance matrices have similar performance to the theoretical optimal ones and there is no error accumulation effe...

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Detalhes bibliográficos
Main Authors: Fan, Jianqing, Zhang, Jingjin, Yu, Ke
Formato: Artigo
Idioma:Inglês
Publicado em: 2012
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC3535429/
https://ncbi.nlm.nih.gov/pubmed/23293404
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1080/01621459.2012.682825
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