Practical analysis for investment professionals
standard deviation
Behavioral Portfolio Management: Emotions and Volatility Are Key to Successful Implementation
Despite numerous studies attempting to link volatility to changing fundamentals, research shows that investor emotions are the root cause of the vast majority of these price changes, according to C. Thomas Howard.
Behavioral Portfolio Management: An Alternative to Modern Portfolio Theory
As modern portfolio theory fades in reputation from intense pressure from behavioral finance, many researchers are seeking to fill the void with behavioral finance applications. Behavioral portfolio management is one such model.