Modern Portfolio Theory + Website Foundations, Analysis, and New Developments
List price: $95.00
Buy it from $28.81
Rent it from $39.98
This item qualifies for FREE shipping
*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.
30 day, 100% satisfaction guarantee
If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.
Learn more about our returns policy
Description: Modern Portfolio Theory presents a comprehensive picture of modern portfolio theory in a manner that can be used by financial practitioners and students. The book provides a summary of the important findings from all of the financial research done since modern portfolio theory (MPT) was created and presents all the MPT formulas and models using one consistent set of mathematical symbols. The first four chapters introduce the concept and explain probability theory and utility theory which are necessary to understand MPT. The next several chapters discuss Markowitz's seminal work on the topic and include a thorough explanation of the underlying mathematics. Finally, the authors describe logical extensions and developments to Markowitz's work, including the Capital Asset Pricing Model, Arbitrage Pricing Theory, portfolio ranking models, and performance attribution. The final chapter considers stock market developments like decimalization, high frequency trading, algorithmic trading, and other recent developments and shows how they align with MPT. The book analyzes portfolios of all sizes and types, shows how the advanced findings and formulas are derived, and offers a concise and comprehensive review of the voluminous the MPT literature. An associated website provides five Excel spreadsheets that compute Markowitz efficient frontiers under various assumptions and circumstances.
Rush Rewards U
You have reached 400 XP and carrot coins. That is the daily max!
Limited time offer:
Get the first one free!
All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $95.00
Copyright year: 2012
Publisher: John Wiley & Sons, Incorporated
Publication date: 1/22/2013
Size: 7.25" wide x 10.50" long x 2.00" tall