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cc-by-nc-nd, (c) Vega Baquero et al., 2026
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/225799

Proportionality between allocations in asset management

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Asset allocation refers to deciding the optimal participation of each asset within a portfolio. Therefore, these participations are a composition, and compositional methods should be used to treat the data and perform analysis over it. When trying to find relationships between parts of a composition, proportions have shown to be more suitable than correlations. In this paper, using a previous proportionality index as starting point, two new indexes are proposed and all of them are used to analyze the asset allocation in a portfolio composed of five stocks from the IBEX 35 (the Spanish stock market index). Results shed light on the connection between volatility, allocations and their proportionality.

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VEGA BAQUERO, Juan david, SANTOLINO, Miguel. Proportionality between allocations in asset management. _IREA – Working Papers_. 2026. Vol.  IR26/01. [consulta: 25 de gener de 2026]. [Disponible a: https://hdl.handle.net/2445/225799]

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