Inflection Point Significance for the Investment Size

作者: Ralph Vince , Qiji Jim Zhu

DOI: 10.2139/SSRN.2230874

关键词:

摘要: Inflection points in the function for determining estimated geometric gain with respect to capital committed emerge when planning an investment a finite time horizon. These are where marginal increases reward risk peaks. We analyze properties of inflection mix one risky asset and risk-free illustrate their practical implications examples.

参考文章(4)
Qiji Jim Zhu, Ralph Vince, Steven Malinsky, A Dynamic Implementations of the Leverage Space Portfolio Social Science Research Network. ,(2012) , 10.2139/SSRN.2230866
J. L. Kelly, A New Interpretation of Information Rate Bell System Technical Journal. ,vol. 35, pp. 917- 926 ,(1956) , 10.1002/J.1538-7305.1956.TB03809.X
Q.J. Zhu, Mathematical analysis of investment systems Journal of Mathematical Analysis and Applications. ,vol. 326, pp. 708- 720 ,(2007) , 10.1016/J.JMAA.2006.02.092