Portfolio Management: Selection and Allocation across Intelligent Analysis

During this study, we employed an artificial intelligent technique in order to solve the problem of portfolio optimization. Traditionally, Markowitz Mean-Variance Model is a fundamental method for optimizing portfolio based on risk and return. However, it still remains the assumptions of behaviors a...

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Main Author: Xie, Cong
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2008
Online Access:https://eprints.nottingham.ac.uk/22170/
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author Xie, Cong
author_facet Xie, Cong
author_sort Xie, Cong
building Nottingham Research Data Repository
collection Online Access
description During this study, we employed an artificial intelligent technique in order to solve the problem of portfolio optimization. Traditionally, Markowitz Mean-Variance Model is a fundamental method for optimizing portfolio based on risk and return. However, it still remains the assumptions of behaviors among market and investors, which by the way means they will affect the performances of portfolio optimization. However, Genetic Algorithm as an evolutionary optimization tool can be used in portfolio selection and optimization problems since it would not establish on these assumptions. We compared the performances of the stock portfolio which constructed by Mean-Variance Model and Genetic Algorithm according to investors's expected rate of return in order to minimize the portfolio risk. The empirical study showed that Genetic algorithm provided an alternative solution for a stock portfolio selection and allocation.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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spelling nottingham-221702018-01-12T10:41:25Z https://eprints.nottingham.ac.uk/22170/ Portfolio Management: Selection and Allocation across Intelligent Analysis Xie, Cong During this study, we employed an artificial intelligent technique in order to solve the problem of portfolio optimization. Traditionally, Markowitz Mean-Variance Model is a fundamental method for optimizing portfolio based on risk and return. However, it still remains the assumptions of behaviors among market and investors, which by the way means they will affect the performances of portfolio optimization. However, Genetic Algorithm as an evolutionary optimization tool can be used in portfolio selection and optimization problems since it would not establish on these assumptions. We compared the performances of the stock portfolio which constructed by Mean-Variance Model and Genetic Algorithm according to investors's expected rate of return in order to minimize the portfolio risk. The empirical study showed that Genetic algorithm provided an alternative solution for a stock portfolio selection and allocation. 2008 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/22170/1/08MSClixcx2.pdf Xie, Cong (2008) Portfolio Management: Selection and Allocation across Intelligent Analysis. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Xie, Cong
Portfolio Management: Selection and Allocation across Intelligent Analysis
title Portfolio Management: Selection and Allocation across Intelligent Analysis
title_full Portfolio Management: Selection and Allocation across Intelligent Analysis
title_fullStr Portfolio Management: Selection and Allocation across Intelligent Analysis
title_full_unstemmed Portfolio Management: Selection and Allocation across Intelligent Analysis
title_short Portfolio Management: Selection and Allocation across Intelligent Analysis
title_sort portfolio management: selection and allocation across intelligent analysis
url https://eprints.nottingham.ac.uk/22170/