STUDY REGARDING THE MARKOWITZ MODEL OF PORTFOLIO SELECTION

Nicolae Baltes and Alexandra-Gabriela-Maria Dragoe
Additional contact information
Nicolae Baltes: Lucian Blaga University of Sibiu, România
Alexandra-Gabriela-Maria Dragoe: Lucian Blaga University of Sibiu, România

Revista Economica, 2015, vol. 67, issue Supplement, 195-206

Abstract: The Markowitz model was introduced through the work of Harry Markowitz (1952) and analyzes the risk and the rentability of a diversified portfolio of securities. In our research, we want to use the Markowitz model in order to identify the structure of the optimal portfolio of risky assets, in other words the efficient portofolio. The study, conducted on three romanian companies from the construction sector, listed on the Bucharest Stock Exchange, leads to the conclusion that the portfolio is illegitimate, so it is necessary to sell the securities of the companies in the absence, procedure known as short sell.

Keywords: efficient portfolio; risk; rentability; scenario (search for similar items in EconPapers)
JEL-codes: G11 G17 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://economice.ulbsibiu.ro/revista.economica/arc ... S19baltes&dragoe.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:67:y:2015:i:supplement:p:195-206

Access Statistics for this article

More articles in Revista Economica from Lucian Blaga University of Sibiu, Faculty of Economic Sciences Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No.17, postal code 550324, Sibiu, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Eduard Alexandru Stoica ().