Zobrazeno 1 - 10
of 77
pro vyhledávání: '"Clarence C Y Kwan"'
Autor:
Clarence C Y Kwan
Publikováno v:
Spreadsheets in Education, Vol 12, Iss 2 (2020)
This paper updates an Excel-based example in a recent case study published in Spreadsheets in Education. The original example was intended to assist graduate admission committees outside China in assessing the academic quality of individual Chinese u
Externí odkaz:
https://doaj.org/article/729573733eb44199be375c2d2a9de823
Autor:
Clarence C. Y. Kwan
Publikováno v:
Spreadsheets in Education (2024)
The surprising empirical finding in the finance literature that the 1/N investment strategy outperforms portfolio optimization, followed by some intense debate on the topic, has given credence to this simple approach in the investment world . This pa
Externí odkaz:
https://doaj.org/article/f3752237ee8d4003952c6ad062ca3b5e
Autor:
Clarence C. Y. Kwan
Publikováno v:
Spreadsheets in Education, Vol 9, Iss 1 (2016)
This paper derives, from a pedagogic perspective, the Arbitrage Pricing Model, which is an important asset pricing model in modern finance. The derivation is based on the idea that, if a self-financed investment has no risk exposures, the payoff from
Externí odkaz:
https://doaj.org/article/5bb806a6542f4311a94987ba44104636
Autor:
Yi Feng, Clarence C. Y. Kwan
Publikováno v:
Spreadsheets in Education, Vol 8, Iss 1 (2014)
The topic of interest rate conversion is part of the time value concepts covered in introductory finance courses. It is about establishing the equivalence of interest rates over different intra-year periods in compound interest settings. From our exp
Externí odkaz:
https://doaj.org/article/6d155d243ff34ba5a23116c3fa65245e
Publikováno v:
Spreadsheets in Education, Vol 5, Iss 3 (2012)
This paper presents some Excel-based simulation exercises that are suitable for use in financial modeling courses. Such exercises are based on a stochastic process of stock price movements, called geometric Brownian motion, that underlies the derivat
Externí odkaz:
https://doaj.org/article/33dee458da614c30a347a3cc6271f594
Autor:
Yi Feng, Clarence C. Y. Kwan
Publikováno v:
Spreadsheets in Education, Vol 5, Iss 3 (2012)
In view of the importance of reliable duration measures for bond immunization strategies, this paper considers, from a pedagogic perspective, the duration concept. Both a basic bond model and a more realistic bond model, which accounts for the accrue
Externí odkaz:
https://doaj.org/article/a0ab040931554f339690893db083c03a
Autor:
Clarence C. Y. Kwan
Publikováno v:
Financial Markets and Portfolio Management. 32:77-110
The Markowitz critical line method for mean–variance portfolio construction has remained highly influential today, since its introduction to the finance world six decades ago. The Markowitz algorithm is so versatile and computationally efficient th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7b13698c4acabddfac61dea62794a682
https://doi.org/10.1007/s11408-018-0306-7
https://doi.org/10.1007/s11408-018-0306-7
Publikováno v:
Finance Research Letters. 6:106-113
Asset spanning tests are very useful tools for the determination of which asset classes belong to an investor's portfolio. There are numerous applications of such tools in the finance literature. What is not so obvious is the proper decision an inves
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::954d45f23925f7be25d4ddfe32a1ef75
https://doi.org/10.1016/j.frl.2008.12.003
https://doi.org/10.1016/j.frl.2008.12.003
Publikováno v:
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l'Administration. 8:175-178
Jennings, Starks, and Fellingham (1981) and Karpoff (1987, 1988) have argued that a positive correlation between trading volume and price change in the stock market arises because selling short involves higher costs than does investing long. However,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::98fa130c491471284d3f9ad09b25480e
https://doi.org/10.1111/j.1936-4490.1991.tb00558.x
https://doi.org/10.1111/j.1936-4490.1991.tb00558.x
Publikováno v:
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l'Administration. 4:169-185
Recent research efforts to solve the optimal balance mix of property-liability insurance companies have not resulted in the widespread application of the portfolio technique. The simple approach introduced in this paper tries to overcome this problem
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4ef30b3420c4c71b3fa8bef95be5001a
https://doi.org/10.1111/j.1936-4490.1987.tb00450.x
https://doi.org/10.1111/j.1936-4490.1987.tb00450.x