Abstract
The first research concerning stock selection and evaluation methods goes back to the 1929 great depression. Initially there were two main approaches: fundamental and technical analysis. In the 50’s a new trend in stock market analysis started up, namely portfolio analysis. Its origins and development were connected with Markowitz’s [4], [5] and Sharpe’s [12] papers. According to them portfolio selection is conceived as a problem of finding an efficient set of portfolios. The probabilistic estimates of future risks and returns of securities are applied. Then an investor chooses one portfolio from the efficient set.
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Dominiak, C. (1997). An Application of Interactive Multiple Goal Programming on the Warsaw Stock Exchange. In: Caballero, R., Ruiz, F., Steuer, R. (eds) Advances in Multiple Objective and Goal Programming. Lecture Notes in Economics and Mathematical Systems, vol 455. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46854-4_7
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DOI: https://doi.org/10.1007/978-3-642-46854-4_7
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