Fuzzy Based Investment Portfolio Management

2019 ◽  
pp. 73-95 ◽  
Author(s):  
Mayank Pandey ◽  
Vikas Singh ◽  
Nishchal K. Verma
Keyword(s):  
Portfolio Management ◽  
Investment Portfolio

PORTFOLIO MANAGEMENT OF ENERGY SAVING PROJECTS BASED ON THE MARKOVITS THEORY

2021 ◽  
pp. 79-91
Author(s):  
S. Kiyko ◽  
L. Deineha ◽  
M. Basanets ◽  
D. Kamienskyi ◽  
A. Didenko
Keyword(s):  
Energy Saving ◽  
Portfolio Optimization ◽  
Portfolio Management ◽  
Quadratic Function ◽  
Subject Area ◽  
Linear Constraints ◽  
Point Of View ◽  
Investment Portfolio ◽  
Financial Investment ◽  
Software Application

The goal of the work was to identify research and compare methods of portfolio management of energy saving projects and to develop software for optimizing portfolio investments using several methods. The key elements and strategies of creating an effective investment portfolio are considered: diversification, rebalancing, active portfolio management, passive portfolio management. Given the basic principles of investment theory, the task of portfolio investment is to form an investment portfolio with known shares of certain assets to maximize returns and minimize risk. To solve this problem, the method of Harry Markowitz, known as modern portfolio theory, was chosen. This is the theory of financial investment, in which statistical methods are used to make the most profitable risk distribution of the securities portfolio and income valuation, its components are asset valuation, investment decisions, portfolio optimization, evaluation of results. From a mathematical point of view, the problem of forming an optimal portfolio is the problem of optimizing a quadratic function (finding the minimum) with linear constraints on the arguments of the function. Methods of optimization of portfolios of energy saving projects taking into account the specifics of the subject area are analyzed. According to the results of the analysis, the methods of finding the maximum Sharpe’s ratio and the minimum volatility from randomly generated portfolios were chosen. A software application has been developed that allows you to download data, generate random portfolios and optimize them with selected methods. A graphical display of portfolio optimization results has also been implemented. The program was tested on data on shares of energy saving companies. The graphs built by the program allow the operator to better assess the created portfolio of the energy saving project.

DYNAMIC OPTIMIZATION OF THE INVESTMENT PORTFOLIO MANAGEMENT TRAJECTORY

2021 ◽  
Vol 17 (3) ◽  
pp. 73-77
Author(s):  
NATALIA GRINEVA ◽  
◽  
Keyword(s):  
Mathematical Model ◽  
Dynamic Optimization ◽  
Portfolio Management ◽  
Management Strategy ◽  
Optimization Problem ◽  
Optimal Portfolio ◽  
Processes Of Change ◽  
Investment Portfolio ◽  
Strategy Formation ◽  
Risk Appetite

The task of control from the position of mathematical tools application is discussed, economic statement and mathematical model of optimization problem are formulated, the sequential realization of the research aim - the mechanism of optimal portfolio management strategy formation - is presented. The results of dynamic optimization of decisions made at each step form the optimum law of the portfolio management. Scientific novelty of the study consists in the fact that the constructed portfolio takes into account the real incompleteness of the initial data on the processes of change in the yields of securities; there is no need to build a set of effective portfolios and indifference curves that characterize the risk appetite of investors; private characteristics are not used as the main criteria that determine the structure of the optimal portfolio of securities.

An analysis of papers published in the Journal of European Real Estate Research, 2008-2019

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Martin Hoesli
Keyword(s):  
Comparative Analysis ◽  
Real Estate ◽  
Eastern Europe ◽  
Portfolio Management ◽  
Design Methodology ◽  
Central And Eastern Europe ◽  
Investment Portfolio ◽  
Content Type ◽  
Real Estate Research ◽  
Key Dimensions

Purpose The purpose of this paper is to analyze papers that have been published in the Journal of European Real Estate Research since its inception in 2008. Design/methodology/approach The author analyzes papers published from 2008 to 2019 in the Journal of European Real Estate Research by authors’ country of affiliation, by country of study and by theme. Findings The Journal of European Real Estate Research publishes papers from scholars from an increasing number of countries, in particular in Central and Eastern Europe. Papers that provide a comparative analysis of countries constitute the largest category of contributions. The three most popular themes remain housing, valuation and investment/portfolio management. However, the dynamics of the three categories differ notably. Originality/value This paper provides for a clearer understanding of key dimensions of real estate research in Europe.

International Stock Investment Portfolio Management Strategies for Emerging Economies

2014 ◽  
pp. 368-384
Author(s):  
H. Cem Sayin ◽  
Sinan Çakan
Keyword(s):  
Portfolio Management ◽  
Management Strategies ◽  
Investment Decisions ◽  
Management Process ◽  
Investment Portfolio ◽  
Future Expectations ◽  
Investment Style ◽  
Stock Investment ◽  
The Future ◽  
Stock Investments

People or companies canalize their money to consumption or retain it for the future. Their desire to use their savings to obtain extra income gave birth to the concept of investment. They do this in a frame of expectations about the future. Expectations are the foundation of all investment decisions. This chapter focuses on how an investment and portfolio management process should be and explains different portfolio management strategies. It also includes different types of stock investments. The chapter intends to teach how one can choose a stock and manage money effectively. For this aim, the chapter includes value investment style, growth investment sytle, technical investment style, momentum investment style, fundamental investment style, and beyond. It is very important to know which strategy best fits your aims and your characteristics, so you will be able to learn this through this chapter. In addition, it is important to know how these strategies can used together effectively. In this chapter, an investor will find answers to questions about stock investment.

Investment portfolio management from cybernetic point of view

2013 ◽  
Author(s):  
Angel Marchev, Jr. ◽  
Angel Marchev
Keyword(s):  
Portfolio Management ◽  
Point Of View ◽  
Investment Portfolio

scholarly journals CONCEPT, PRINCIPLES AND STAGES OF FORMATION OF INVESTMENT PORTFOLIO

2019 ◽  
Author(s):  
З.М. Абдулаева ◽  
М-Э. А Яндаров
Keyword(s):  
Portfolio Management ◽  
Industrial Enterprise ◽  
Investment Policy ◽  
Investment Portfolio ◽  
Scientific Publications ◽  
Leading Role ◽  
Financial Investments ◽  
Analytical Review ◽  
Modern Economic ◽  
Theoretical Foundations

В статье раскрываются теоретические основы формирования и управления инвестиционным портфелем промышленного предприятия. Из аналитического обзора научных публикаций отечественных и зарубежных ученых следует, что инвестиционная политика промышленного предприятия должна основываться на стратегии профессионального подхода к финансовым вложениям путем формирования инвестиционного портфеля. В современных экономических условиях выбор модели и разработка стратегии управления инвестиционным портфелем играет ведущую роль в формировании инвестиционной политики промышленного предприятия. В качестве ключевого аспекта рассматривается формирование инвестиционного портфеля с использованием индивидуальных оптимально подходящих методов и приемов с обязательным учетом возможных инвестиционных рисков и показателей доходности. The article reveals the theoretical foundations of the formation and management of the investment portfolio of an industrial enterprise. From the analytical review of scientific publications of domestic and foreign scientists, it follows that the investment policy of an industrial enterprise should be based on the strategy of a professional approach to financial investments by creating an investment portfolio. In modern economic conditions, the choice of model and development of investment portfolio management strategy plays a leading role in the formation of investment policy of an industrial enterprise. As a key aspect, the formation of an investment portfolio using individual optimally suitable methods and techniques with mandatory consideration of possible investment risks and profitability indicators is considered.

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