Portfolio Analytics - An Introduction to Return and Risk Measurement

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.

Sommario

Introduction.- Return Analysis.- Risk Measurement.- Performance Measurement.- Investment Controlling.

Dettagli sul prodotto

• Autori: Wolfgang Marty
• Editore: Springer, Berlin
• Lingue: Inglese
• Formato: Tascabile
• Pubblicazione: 23.08.2016
• EAN: 9783319345253
• ISBN: 978-3-31-934525-3
• Pagine: 204
• Dimensioni: 155 mm x 12 mm x 235 mm
• Peso: 343 g
• Illustrazioni: XIV, 204 p.
• Serie: Springer Texts in Business and Economics
• Categorie: Scienze sociali, diritto, economia > Economia > Economia politica; B, Economics, finance, business & management, Statistics, Accounting, Finance, macroeconomics, Finance, general, Economics and Finance, Accounting/Auditing, Business Mathematics, Macroeconomics and Monetary Economics, Macroeconomics/Monetary Economics//Financial Economics, Applications of Mathematics, Finance & accounting, Monetary Economics, Probability & statistics, Business mathematics & systems, Economics, Mathematical, Quantitative Finance, Management accounting & bookkeeping, Bookkeeping