The Development of Markowitz – Sharpe\'s Theory and New Efficient Frontier: The Case of Large Cement Corporations in Tehran Stock Exchange Market
Markowitz's model which determines the weight of each stock in the portfolio is based on the optimal choice of stocks in order to maximize the expected returns. However, this theory through paying special attention to the concept of total risk reaches to an efficient frontier which undoubtedly...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Tarbiat Modares University
2010-07-01
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| Series: | پژوهشهای اقتصادی |
| Subjects: | |
| Online Access: | http://ecor.modares.ac.ir/article-18-2682-en.pdf |