出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：This paper deals with the application of the analysis on a portfolio made up of eight titles, through determination of the portfolio with absolute minimum variation and of the frontier of efficiency. Thus, using the Markowitz model, the dimensions of the portfolio with minimum absolute variation could be established but its profitability was smaller than the profitability offered by the BET rating. The best strategy to follow in this respect would have been to adopt a passive strategy and to take over the structure of the rating in the investment of portfolio for a good profitability but with a higher risk.
关键词：risk; probability; returns; portfolio with absolute minimum variation (PVMA); frontier of efficiency.
