Theoretical Analysis of Financial Portfolio Model

Xingang Wang

Graduate School of Northeast Forestry University.

DOI: 10.4236/ib.2013.53B015                

Abstract

This article introduces portfolio selection model proposed by Markowitz in 1952, as well as research of model promoted continually by subsequent researchers, and then introduces a more classic pricing model CAPM in stock market, and discusses difficulties in the study of modern portfolio theory, and forecasts problems of benefits and risks.

Keywords

Portfolio; CAPM; Benefits and Risks

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1]	H. C. John, “The Risk and Return of Ventufe Capital,” Tournal of Fimamcics, Vol. 75, No. 1, 2005, pp. 3-52.
[2]	Y. Y. Lao, Financial Securities, Beijing. Economic Management Publishing House, 2003.
[3]	G. Lee, Financial Economics, Chengdu. Sichuan University press, 1999.
[4]	Y. Lu, Financial Market Investment Decision Optimization in Probability Criterion, the Heilongjiang Province Natural Science Fund Project (G0521), 2008.
[5]	Y. F. Meng, “Securities Investment,” Xiamen. Xiamen University press, 2006
[6]	J. Y. Wang, Application of Statistics. Harbin. Heilongjiang People's Publishing House, 1999.