Title :
Modern Portfolio Theory. II
Author_Institution :
Northern Arizona Univ., Flagstaff, AZ
Abstract :
The previous column presented the basic ideas of modern portfolio theory (MPT). This column covers additional aspects of the theory and presents a result known as the capital asset pricing model (CAPM). The underlying theory is not always easy to grasp on a first encounter but is presented here because it plays a central role in investment theory and practice
Keywords :
investment; pricing; capital asset pricing model; investment theory; modern portfolio theory; Financial management; Investments; Portfolios; Pricing; Security;
Journal_Title :
Microwave Magazine, IEEE
DOI :
10.1109/MW-M.2006.250299
