[Download] "Portfolio Analytics" by Wolfgang Marty " Book PDF Kindle ePub Free
eBook details
- Title: Portfolio Analytics
- Author : Wolfgang Marty
- Release Date : January 19, 2014
- Genre: Finance,Books,Business & Personal Finance,Science & Nature,Mathematics,Industries & Professions,Economics,
- Pages : * pages
- Size : 2884 KB
Description
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.