第五讲投资组合理论(上).pptxVIP

第五讲 投资组合理论（上）; 证券投资的收益与风险;2. 股息收益率（Dividend Yield） 是指公司派发的年现金红利与股票买入价之比。;;二、证券投资风险的本质;四、风险的测定方法;;例2：Best Candy, an American Firm. The value of Best Candy stock is sensitive to the price of sugar. ;;%;一、马柯威茨证券组合理论;Markowitz, Harry;2. 证券资产i和投资组合P的期望收益和风险 ; Case Analysis： Best Candy, an American Firm. The value of Best Candy stock is sensitive to the price of sugar. ;;%;SugarKane, a big Hawaiian sugar company, reaps unusual profits and its stock prise soars during years of sugar shortage.;; Cov(rBest,rKane) =0.5(25-10.5)(1-6)+0.3(10-10.5)(-5-6