Introduction to Stock Portfolio Management

Emphasizing the need for knowledge of modern finance theory in portfolio management, this text explains why theory should precede mathematics when it comes to money management. It presents key concepts underlying portfolio management theory, followed by examples and applied exercises to enforce understanding of concepts and principles. The author introduces the basic notions of finance such as markets, uncertainty, and random asset prices and explains the economic grounds of stock portfolio optimization. The book also covers the asset selection process, efficient portfolios building, Markowitz optimization methodology, and performance assessment tools.

Inhaltsverzeichnis

Introduction: Basics and tips. Quantitative management. Introducing the economic theory of choice. Stock Selection and Portfolio Evaluation: Stock selection. Markowitz model. Portfolio Selection: Optimality Criteria: Expected utility theory. Other optimization criteria. Portfolio Selection: Performance: One-index models: CAPM (Sharpe 1964). Performance measure. Multi-index models' extensions. Appendices.

Über den Autor / die Autorin

Hayette Gatfaoui is an associate professor in the economics and finance department at the Rouen School of Management, France.

Zusammenfassung

Emphasizing the need for knowledge of modern finance theory in portfolio management, this text explains why theory should precede mathematics when it comes to money management. It presents key concepts underlying portfolio management theory, followed by examples and applied exercises to enforce understanding of concepts and principles.

Produktdetails

• Autoren: Gatfaoui Hayette, Gatfaoui (Rouen School of Management Hayette, Hayette Gatfaoui
• Verlag: Taylor & Francis Ltd.
• Sprache: Englisch
• Produktform: Fester Einband
• Erschienen: 31.12.2023
• EAN: 9781439811900
• ISBN: 978-1-4398-1190-0
• Seiten: 256
• Serien: Chapman and Hall/CRC Financial Mathematics Series; 100 Cases; Chapman & Hall/CRC Financial Mathematics Series; Chapman and Hall/CRC Financial Mathematics Series
• Themen: Sozialwissenschaften, Recht,Wirtschaft > Wirtschaft > Allgemeines, Lexika; BUSINESS & ECONOMICS / Finance / General, MATHEMATICS / General, MATHEMATICS / Probability & Statistics / General, Economic statistics, Finance & accounting, Probability & statistics, Applied mathematics, Probability and statistics, Finance and accounting, Econometrics and economic statistics