Risk-Appetite Discriminated Investors’ Portfolio Optimization: Lessons from Pakistan Stock Exchange Listed Fertilizer Industry
نویسندگان
چکیده
The main aim of this research is to assess the performance risk-appetite discriminated investors in PSX listed fertilizers industry, using RSM and non-RSM, maximize their portfolios' wealth. period (18 November 2015-June 30, 2021) well characterized by presence two distinct volatility-related bull-regime bear-regime, it divided into groups: in-sample out-sample. Throughout out-sample time, different models are used forecast cumulative wealth each investor. This Sharpe ratios calculated various (RSM Non-RSM). In stocks cumulated
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ژورنال
عنوان ژورنال: Journal of finance & economics research
سال: 2022
ISSN: ['2415-2463', '2415-2455']
DOI: https://doi.org/10.20547/jfer2207204