Persistent Link:
http://hdl.handle.net/10150/291766
Title:
Investment portfolio analysis: Energy and gold-minerals
Author:
Meave-Flores, Gerardo, 1953-
Issue Date:
1987
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
The purpose of this research is to analyze the impact that a sample of securities blended together would have upon the variance of the expected returns of an energy and a gold-minerals portfolio. A framework based on the Markowitz model, but solved linearly, has been constructed in which the optimal weight of each security in its respective portfolio is determined in order to minimize variance given the expected portfolio returns. The data elaborated for each stock (price, return and dividend) were on an annual basis for a period of 16 years and are the basis from which the projections of both the energy and the gold-minerals portfolio expected returns were derived. The results show that the variance in both portfolios is considerable, because stocks as a group show co-movement, meaning that stocks tend to do well or poorly as a group.
Type:
text; Thesis-Reproduction (electronic)
Keywords:
Investments.; Speculation.; Forecasting -- Study and teaching.
Degree Name:
M.S.
Degree Level:
masters
Degree Program:
Graduate College; Mining and Geological Engineering
Degree Grantor:
University of Arizona
Advisor:
Rieber, Michael

Full metadata record

DC FieldValue Language
dc.language.isoen_USen_US
dc.titleInvestment portfolio analysis: Energy and gold-mineralsen_US
dc.creatorMeave-Flores, Gerardo, 1953-en_US
dc.contributor.authorMeave-Flores, Gerardo, 1953-en_US
dc.date.issued1987en_US
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.description.abstractThe purpose of this research is to analyze the impact that a sample of securities blended together would have upon the variance of the expected returns of an energy and a gold-minerals portfolio. A framework based on the Markowitz model, but solved linearly, has been constructed in which the optimal weight of each security in its respective portfolio is determined in order to minimize variance given the expected portfolio returns. The data elaborated for each stock (price, return and dividend) were on an annual basis for a period of 16 years and are the basis from which the projections of both the energy and the gold-minerals portfolio expected returns were derived. The results show that the variance in both portfolios is considerable, because stocks as a group show co-movement, meaning that stocks tend to do well or poorly as a group.en_US
dc.typetexten_US
dc.typeThesis-Reproduction (electronic)en_US
dc.subjectInvestments.en_US
dc.subjectSpeculation.en_US
dc.subjectForecasting -- Study and teaching.en_US
thesis.degree.nameM.S.en_US
thesis.degree.levelmastersen_US
thesis.degree.disciplineGraduate Collegeen_US
thesis.degree.disciplineMining and Geological Engineeringen_US
thesis.degree.grantorUniversity of Arizonaen_US
dc.contributor.advisorRieber, Michaelen_US
dc.identifier.proquest1332420en_US
dc.identifier.oclc19687899en_US
dc.identifier.bibrecord.b18384420en_US
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