Sumários

Lecture 6

18 Outubro 2024, 09:30 Raquel M. Gaspar

MVT the general case. Determination of the IOS and EF for 3 or more risky assets. The envelop hyperbola.
Determination of tangent portfolios (with different active and passive riskless rates).
Mean-variance representation of safety first criteria of Roy, Kataoka and Telser.
International diversification and the role of exchange rate risk.


Tutorial 2

15 Outubro 2024, 13:00 Raquel M. Gaspar

Solving Computer Assignment 1 in Excel, part 2.


Lecture 5

11 Outubro 2024, 09:30 Raquel M. Gaspar

Investment opportunity set (IOS). Efficient frontiers (EF). 
Portfolios of two risky assets.
Introducing the riskless asset with different passive and active interest rates.
Two risky assets and a riskless asset.
Finding the tangent portfolio.
Including shortselling restrictions.


Tutorial 1

8 Outubro 2024, 13:00 Raquel M. Gaspar

Solving Computer Assignment 1 in Excel, part 1.


Lecture 4

4 Outubro 2024, 09:30 Raquel M. Gaspar

Variance of individual assets and portfolios. Volatility as a measure of risk. 
Analysis of risk diversification using homogeneous portfolios. 
Other measures of risk.
Introduction to mean-variance theory (MVT). MVT assumptions and inputs