东华大学学报（英文版）2003，Vol.20Issue(2)：129-136,8.
Ratio K: a New Way of Metering and Evaluating the Risk and Return of Stock Investment
Ratio K: a New Way of Metering and Evaluating the Risk and Return of Stock Investment
朱淑珍 1朱静怡1
作者信息
- 1. Management School, Donghua University, Shanghai 200051
- 折叠
摘要
Abstract
Although widely used, both the Markowitz model and VAR (Value at Risk) model have some limitations in evaluating the risk and return of stock investnent.By the analysis of the conceptions of risk and return,together with the three hypotheses of technological analysis, a novelty model of metering and evaluating the risk and return of stock investnent is established.The major indicator of this model , risk-return ratio K, combines the characteristic indicators of risk and return. Regardless of the form of the risk-return probability density functions, this indicator K can always reflect the risk-return performances of the invested stocks clearly and accurately. How to use the model to make optimum investment and how to make portfolio combined with clustering analysis is also explained.关键词
Stock investment/risk and return/risk-return ratio K/metering and evaluatingKey words
Stock investment/risk and return/risk-return ratio K/metering and evaluating分类
管理科学引用本文复制引用
朱淑珍,朱静怡..Ratio K: a New Way of Metering and Evaluating the Risk and Return of Stock Investment[J].东华大学学报（英文版）,2003,20(2):129-136,8.
