Minimum Variance Portfolio|財經線上App不用買-HotApp4Game

Minimum Variance Portfolio reveals the MINIMUM RISK combination of any 3 securities. For the first time in an app, an individual can leverage advanced statistical optimization before making investment choices. Enter any three security symbols and MVP will analyze historical price data and determine how each one is correlated or un-correlated to the others. MVP then returns the least risky combination of the three securities. As an example, suppose you want to invest in high-tech/info-tech stocks. You may think Apple, Google and Microsoft are strong stocks and that diversifying into three different stocks is ideal. But how much of each one should you buy? MVP can tell you.The least volatile investment combination is: 37% Apple41% Google20% MicrosoftExpected Return 20.52 %/yearVolatility 2.93 %/yearAND, you can move the slider up and down to trace the 'Minimum Variance Line'. This will allow you to see what combination of stocks gives you a higher expected return, but also more volatility. Second Portfolio: 71% Apple14% Google14% MicrosoftExpected Return 40.5%/year Volatility 3.52 %/year.A key insight is that the second portfolio has twice the expected return but is only slightly more volatile than the first. In this case, the trade off is worth it. Users can do this for any three securities that have traded for at least one year and are archived on yahoo finance.(portfolio percentages are rounded to the nearest percent)