Optimizing a Portfolio Depending on the Attitude Towards Risk
CosticÄƒ Vlad () and
Panait Anghel ()
Additional contact information
CosticÄƒ Vlad: "Ovidius" University of Constanta
Panait Anghel: "Ovidius" University of Constanta
Ovidius University Annals, Economic Sciences Series, 2019, vol. XIX, issue 2, 939-943
The risk is associated with the profitability of any security as well as with any economic activity. The actors of the financial market are differently placed in front of the risks, according to a series of criteria such as trading experience, the available capital, real time information possibilities, the ability to interprret the data, the intuition, etc. The psychological factor always had an essential role in taking certain risk doses. The analysis of the period prior to the recent financial crisis showed that an important number of the investors deliberately omitted the risk exposure considering wrongly that the level of the present financial market eliminates the possibility of a crisis to appear. The reality proved the opposite, reason for which we considered it necessary to present a few mathematical models to appreciate the attitude in front of risk. With this paper, the authors aim to point out that reality has proven the opposite, which is why we considered it necessary to present some mathematical models for assessing the attitude towards risk.
Keywords: coefficient Î²; portfolio of risky actions; risk-averse portfolio; variation of the return and the risk in relation to the weight of securities (search for similar items in EconPapers)
JEL-codes: F30 G01 (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/wp-conte ... 2/Section%20V/46.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xix:y:2019:i:2:p:939-943
Access Statistics for this article
Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela
More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().