Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 2
Series Vol. 6 , 27 April 2023
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Portfolio Designed Based on Markowitz Model in Terms of Wine Industry of China
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Abstract
Contemporarily, China's Wine industry has a special social status because of the prevalence of the culture of drinking. Since the 21st century, the Wine industry has flourished, and the stock price has risen sharply, which makes it become the favorite object of plenty of investors. Facing the unexpected COVID-19, the Wine industry recovered and maintained a rising trend immediately after a short blow, showing its strong risk resistance. In order to find the best investment strategy for Wine industry, this paper applies the financial analysis method to screen out stocks worth investing and the Markowitz modelto determine the optimal portfolio as a reference for investors with quantitative analysis. To be specific, several typical stocks in the industry are chosen and the effective frontier is obtained. According to the models, the performances of the optimal case are illustrated and demonstrated. These results shed light on guiding further exploration of Wine industry and other similar industries.
Keywords
Portfolio Optimization., Wine Industry, Markowitz Portfolio Theory
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 2
- ISBN (Print)
- 978-1-915371-23-2
- ISBN (Online)
- 978-1-915371-24-9
- Published Date
- 27 April 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/6/2022151
- Copyright
- 27 April 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited