The Markowitz Curve as an Envelope Cover Image

Krzywa Markowitza jako obwiednia
The Markowitz Curve as an Envelope

Author(s): Krzysztof Guzik, Edward Smaga
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: portfolio theory; Markowitz curve; efficient portfolio; hiperbolas envelope

Summary/Abstract: The article shows that the Markowitz curve can be interpreted as an envelope of hyperbolas (parabolas). Describing a set of investment opportunities as a family of curves dependent on established parameters serves as an introduction to solving this issue.

  • Issue Year: 876/2011
  • Issue No: 08
  • Page Range: 5-12
  • Page Count: 8
  • Language: Polish