Search results for "Portfolio"
showing 10 items of 303 documents
Opettajan portfolion avulla kohti omaa opettajaprofiilia
1998
STUDY REGARDING THE MARKOWITZ MODEL OF PORTFOLIO SELECTION
2015
The Markowitz model was introduced through the work of Harry Markowitz (1952) and analyzes the risk and the rentability of a diversified portfolio of securities. In our research, we want to use the Markowitz model in order to identify the structure of the optimal portfolio of risky assets, in other words the efficient portofolio. The study, conducted on three romanian companies from the construction sector, listed on the Bucharest Stock Exchange, leads to the conclusion that the portfolio is illegitimate, so it is necessary to sell the securities of the companies in the absence, procedure known as short sell.
The relationship between credit ratings and asset liquidity: Evidence from Western European banks
2020
This study examines the role of asset liquidity in Western European banks’ credit rating downgrades and upgrades over the 2005–2017 period. The results suggest that changes in bank credit ratings have been more favorable for banks that have a liquid asset portfolio. Furthermore, asset liquidity has a stronger effect on the credit rating of banks that already have an illiquid asset portfolio. In contrast, the effect is significantly smaller or nonexistent for the most liquid banks. These results imply that the new liquidity regulation introduced by the Basel III requirements will improve the stability and hence decrease the fragility of the European banking sector. Furthermore, the benefits …
Unit 2: the Markowitz portfolio selection model. parte teoría
2021
Se introduce el modelo de Markowitz y la selección de carteras. Además, se explican las carteras eficientes.
Matematiikan saavutusten salkku matematiikan oppimisen tukena
2002
Contingent Convertible Bonds for Sovereign Debt Risk Management
2018
Abstract We consider convertible bonds that contractually stipulate payment standstill, contingent on a market indicator of a sovereign’s credit worthiness breaching a distress threshold. This financial innovation limits ex ante the likelihood of debt crises and imposes ex post risk sharing between creditors and the debtor. Drawing from literature on contingent contracts, neglected risks, and bank CoCo, we extend prevailing arguments in favor of sovereign CoCo (S-CoCo). We discuss issues relating to their design: which market trigger, market discipline and sovereign incentives, and errors of false alarms or missed crises, and provide supporting evidence with eurozone data and a simple simul…
Data from: Collective defence portfolios of ant hosts shift with social parasite pressure
2014
Host defences become increasingly costly as parasites breach successive lines of defence. Because selection favours hosts that successfully resist parasitism at the lowest possible cost, escalating coevolutionary arms races are likely to drive host defence portfolios towards ever more expensive strategies. We investigated the interplay between host defence portfolios and social parasite pressure by comparing 17 populations of two Temnothorax ant species. When successful, collective aggression not only prevents parasitation but also spares host colonies the cost of searching for and moving to a new nest site. However, once parasites breach the host's nest defence, host colonies should resort…