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Investigators from Vilnius State University Zero in on Information Technology (On the Optimization of Investment Strategies in the Context of Virtual...

August 9, 2014



Investigators from Vilnius State University Zero in on Information Technology (On the Optimization of Investment Strategies in the Context of Virtual Financial Market by the Individual Approach to Risk)

By a News Reporter-Staff News Editor at Investment Weekly News -- Data detailed on Information Technology have been presented. According to news reporting originating from Vilnius, Lithuania, by VerticalNews correspondents, research stated, "The optimal financial investment (Portfolio) problem was investigated by leading financial organizations and scientists. Nobel prizes were awarded for the Modern Portfolio Theory (MPT) and further developments."

Our news editors obtained a quote from the research from Vilnius State University, "The aim of these works was to define the optimal diversification of the assets depending on the acceptable risk level. In contrast, the objective of this work is to provide a flexible, easily adaptable model of virtual financial markets designed for the needs of individual users in the context of utility theory. The aim is to optimize investment strategies. This aim is the new element of the proposed model and simulation system since optimization is performed in the space of investment strategies; both short term and longer term."

According to the news editors, the research concluded: "The new and unexpected result of experiments with the historical financial time series using the PORTFOLIO model is the observation that the minimal prediction errors do not provide the maximal profits."

For more information on this research see: On the Optimization of Investment Strategies in the Context of Virtual Financial Market by the Individual Approach to Risk. Informatica, 2014;25(2):241-264. Informatica can be contacted at: Inst Mathematics & Informatics, Akademijos Str 4, Vilnius Lt-08663, Lithuania.

The news editors report that additional information may be obtained by contacting J. Mockus, Vilnius State Univ, Inst Math & Informat, LT-0860 Vilnius, Lithuania. Additional authors for this research include I. Katin and J. Katina.

Keywords for this news article include: Europe, Vilnius, Lithuania, Information Technology, Investment and Finance

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


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Source: Investment Weekly News


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