Análisis De Portafolio, Diapositivas (Portfolio Analysis Slides)
42 Pages Posted: 6 Feb 2012 Last revised: 1 Aug 2012
Date Written: February 5, 2012
This is a course material (slides) for the book Managerial Decision Making Under Risk and Uncertainty. The book is originally in Spanish and is untitled as Decisiones empresariales bajo riesgo e incertidumbre. The level of the book is basic. It handles very few mathematics and it is expected to be used by managers.
This chapter presents the relationship between risk and return using the Markowitz portfolio analysis model and the Capital Asset Pricing Model CAPM. The chapter (and the slides) also presents a procedure to derive the efficient frontier and the optimum portfolio. Finally, it studies how to derive unlevered betas associated to Ku, the cost of unlevered equity, from levered betas.
Note: Downloadable document is in Spanish.
Keywords: Portfolio analysis, CAPM, Capital Asset Pricing Model, optimum portfolio
JEL Classification: G31
Suggested Citation: Suggested Citation