Portfolio Analytics An Introduction to Return and Risk Measurement

Portfolio Analytics An Introduction to Return and Risk Measurement / by Wolfgang Marty.

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 e...

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Bibliographic Details
Main Author: Marty, Wolfgang (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
Edition:2nd ed. 2015.
Series:Springer Texts in Business and Economics,
Springer eBook Collection.
Subjects:
Finance.
Economics, Mathematical .
Macroeconomics.
Business mathematics.
Statistics .
Accounting.
Bookkeeping .
Electronic resources (E-books)
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Description
Summary: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.
Physical Description:XIV, 204 p. 59 illus. online resource.
ISBN:9783319198125
ISSN:2192-4333
DOI:10.1007/978-3-319-19812-5

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