efficient portfolio 中文意思是什麼
efficient portfolio
解釋
高效率投資-
Efficient portfolio and no - arbitrage analysis in general m - v model
模型中的有效證券組合及無套利分析 -
The thesis, somehow, is a summary, which expounds the main contents of traditional portfolio theory ( tpt ) and mpt, also gives a comparison between tpt and mpt ; analyses two aspects of markowitz theory, one is the effects of risk disperses and the demonstration, the other is how to make an optimal portfolio strategy ; researches into capital assets pricing model ( capm ), factor model ( fm ) and arbitrage pricing theory ( apt ) respectively in three parts ; studies another two parts, one is the premise of mpt, which is the efficient market hypothesis ( emh ), the other analyses the behavior finance theory ( bft ) produced in the background of challenging and querying to emt and capm. the thesis finally discusses the researching and applying prospects of mpt in china
論文對現代資產組合理論與傳統資產組合理論分別進行了分析，並對兩者進行了比較研究，對馬克維茨的均值? ?方差理論從資產組合風險分散效應和最優資產組合選擇兩方面進行了重點分析，對資本資產定價模型、因素模型、套利定價理論進行了一定深度的分析和研究，對現代資產組合理論的前提假設? ?有效市場理論及在對有效市場理論和資本資產定價模型形成挑戰和質疑背景下提出的行為金融理論進行了論述，論文最後分析了現代資產組合理論在我國的研究及其應用的廣闊前景。 -
The first part is introduction, presenting this paper ' s structure, research background and so on ; the second part introduces some issues relating closely to risk, the tangency point between indifference utility curve and efficient frontier is the optimal portfolio ; the third part explores risk evaluation, this part begins with some risk factors affecting security ' s price and return, then analyzes the methods evaluating degree of risk, finally, introduces a more popular method of risk evaluation - - var ; the forth part expounds risk management, this part studies some risk control strategies correspond to specific risk mentioned above ; the last part put forward some advice contrapose issues existed in risk management in china
第一部分為緒論，介紹本文的相關背景；第二部分是與風險相關的幾個問題，等效用曲線與有效邊界的切點是投資者選擇的最佳投資組合；第三部分是風險衡量，該部分首先分析了證券與股票所面臨的風險，然後對債券和股票分別介紹，最後介紹了目前比較流行的風險衡量方法? ? var方法；第四部分為企業風險管理，這里針對上文所述的風險提出相應的風險控制策略；第五部分針對目前我國風險管理中存在的問題提出了幾點建議。 -
The capital asset pricing model ( capm ) demonstrates that the market portfolio is essentially the efficient frontier
資本資產定價模式capm證明市場投資組合本質上是有效的邊界。 -
Among the issues that grow more complex in gdd situations relative to co - located teams that is, teams that are located under one roof or in nearby buildings are the implementation of standards, methodologies, processes, and best practices ; portfolio management ; effective requirements management ; efficient knowledge and work transfer methods ; and robust software change management
而比協同位置團隊（也就是，位於下一層或附件建築物中的團隊）的gdd場景更大復雜的問題是標準、方法、過程以及最佳實踐的實現；組合管理；有效的需求管理；高效的知識及工作傳遞方法；以及健壯的軟體變更管理。 -
The cml is considered to be superior to the efficient frontier since it takes into account the inclusion of a risk - free asset in the portfolio
Cml被認為對有效邊界來說是更高級的，因為它考慮到了投資組合的無風險資產的內容。 -
The empirical results show that one may reduce risk and increase return of a portfolio, - then improve its performance by constructing efficient frontier on the space of expected return / cvar
我們的實證研究表明， cvar優化模型通過構造期望收益/ cvar有效前沿，在減少與控制組合的風險以及最大化組合收益方面具有重要的作用，從而可以提高組合的業績。 -
By bringing the hereditary way to the domain of the portfolio, the model is proved to be reasonable, and the algorithm is efficient
通過將遺傳演算法引入到證券投資分析領域，對最佳證券組合問題進行了優化計算，同時介紹了利用遺傳演算法計算最佳證券組合問題的求解步驟。 -
Following, making development study from the three directions : the first one is how to reduce calculation when to use markowitz model. this text has improved the efficient frontier of markowitz model utilizing free risk assets, and reduced calculation about revenue rates " co - variance matrix utilizing single or multiple factors, and so on. the second one is to add thinking factors about, such as transaction fee, fund limitation, lowest transaction unit ' s limitation, risk measures and exchange rate risk of international portfolio securities, so as to make markowitz model closer to our country ' s practice
接著，分三今方向對markowitz模型進行了拓展研究：第一個方向是運用markowitz模型時如何減少計算量，本文利用無風險資產來改進markowitz模型的有效邊界，利用單因子或多因子模型來減少收益率協方差的計算量等等；第二個方向是增加考慮因素，諸如交易費用、資金限制、最小交易單位限制，風險測度和國際組合證券的匯率風險，使markowitz模型更貼近我國的實際；第三個方向是對markowitz模型進行動態拓展研究，提出了將證券收益率看成是隨機序列時的投資決策模型，深入研究了m ? v有效邊界隨資產品種數增加而發生的漂移，並用解析方法和幾何圖形描述了漂移的軌跡和方向。 -
A line used in the capital asset pricing model to illustrate the rates of return for efficient portfolios depending on the risk - free rate of return and the level of risk ( standard deviation ) for a particular portfolio
一個線條用於資本資產定價模式中說明有效的投資組合的回報率，取決于無風險回報率和對一特定的投資組合的風險水平（標準偏差、標準離差） 。 -
Var and stress testing model can measure this tail risk, therefore, combined with delta - method, var is the efficient model that can be applied to measure chinese security portfolio market risk
股票收益率呈現出厚尾特性， var及其壓力測試模型能很好的計量投資組合的尾部收益及風險，因而結合了var的方差模型是適合於我國證券投資市場風險計量的有效模型。 -
At last the research gets an efficient portfolio which include different weighting shares. the efficient portfolio should be able to guide investor to judge the region shares " character and the profit of share combination, and direct the distribution of investment capital. in the end, the article still forecasts these companies " prospects and the macro - policy ' s trend or change
採用markowitz模型測算股票組合的收益、方差，試圖能通過各股權重的變化尋求有效證券組合，而該有效組合應能指導投資者對該地區的個股股性的優良與否、對該組合的收益預期性進行判斷以及對投資資金的分配給予指導，同時亦討論了西部上市公司的發展前景以及宏觀政策取向。 -
On along using two assumptions in portfolio theory : market efficient and investors are risk - aversion, this thesis constructs a multi - cycle portfolio model and works out the investor ' s investment strategy, with the analysis of investor ' s risk preference and the function of investor ' s risk - aversion and making use of dynamic programming optimization method
在沿用了標準資產組合理論市場有效率和投資者風險厭惡型條件與假設的基礎上，構造了一個多周期的資產組合模型，通過對投資者的風險偏好的分析，結合投資者的風險厭惡函數，利用動態規劃的優化方法得出了投資者的最優選擇策略。 -
The second chapter explains portfolio theory, focusing on its basic concepts & methods. according as the rules of er _ a, select the best portfolio of investment and confirm efficient portfolio
第二章闡述了組合投資的理論和方法，包括組合理論中常用的一些基本概念，其中一些概念來源於統計學，並且介紹了按照er _準則，如何選擇最佳投資組合，確定有效邊界。 -
Results of the research show that, these two portfolio are not the efficient portfolio. compare with the minimal risk of the efficient portfolio, the risk of these two portfolio could be reduced by a big margin
研究的結果顯示，本文所研究的二個投資組合均不是有效組合，與有效組合的最小風險相比，該二個組合的收益率變動方差存在著很大的下降空間。 -
For efficient portfolio management, the capital preservation fund may invest in other investments to the extent permitted by the mpf schemes regulation. however, it may not engage in security lending nor enter into repurchase agreements
為確保有效率地執行組合管理，保本基金可在強積金計劃規例準許的范圍內投資于其他投資，但不會從事證券借貸訂立回購協議。 -
Tax - efficient portfolio optimization 10 40 ucits constraints supported. specialized hedge fund risk models and analysis - for hedge funds statistical risk models hedging tools for equities, corporate bonds, convertibles, cdss, futures, etfs, options, etc
統計的風險模型與對沖工具，適用於股票企業債券可轉換債券信用違約互換cdss期貨交易所交易基金etfs及期權。 -
For efficient portfolio management, the portfolio of any underlying investments of this fund may acquire financial futures contracts and financial option contracts for hedging purpose, may engage in security lending, enter into repurchase agreements and may invest in other investments to the extent permitted by the mpf schemes regulation
為確保有效率地執行組合管理，此基金旗下任何附屬投資項目可在強積金計劃規例準許的范圍內購入財務期貨合約及財務期權合約以作對沖從事證券借貸訂立回購協議以及投資于其他投資。 -
For efficient portfolio management, the underlying investments under this fund may acquire financial futures contracts and financial option contracts for hedging purpose, engage in security lending, enter into repurchase agreements and may invest in other investments to the extent permitted by the mpf schemes regulation
為確保有效率地執行組合管理，於此基金旗下任何附屬投資項目可在強積金計劃規例準許的范圍內購入財務期貨合約及財務期權合約以作對沖從事證券借貸訂立回購協議以及投資于其他投資。 -
For efficient portfolio management, the portfolio of any underlying apif under this fund may acquire financial futures contracts and financial option contracts for hedging purpose, may engage in security lending, enter into repurchase agreements and may invest in other investments to the extent permitted by the regulation
為確保有效率地執行組合管理，此基金旗下任何附屬核準基金可在規例準許的范圍內購入財務期貨合約及財務期權合約以作對沖從事證券借貸訂立回購協議以及投資于其他投資。
分享友人