Download or read book Fuzziness and funds allocation in portfolio optimization written by Jack Allen and published by Infinite Study. This book was released on with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each individual investor is different, with different financial goals, levels of risk tolerance and personal preferences. From the point of view of investment management, these characteristics are often defined as objectives and constraints

Download or read book Investing in Mutual Funds Using Fuzzy Logic written by Kurt Peray and published by CRC Press. This book was released on 1999-06-25 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fuzzy Logic is an analytical tool used in the modeling of those phenomena that fall outside the scope of exact sciences. It is used in the analysis of complex and highly nonlinear processes, where mathematical models or standard classic logic cannot define conditions inherent to such processes, e.g. human thinking. Kurt Peray's detailed analysis of the new approaches and techniques for Risk Control and Portfolio Asset Allocation - which uses the principles of Fuzzy Logic - helps you to make decisions as to when to buy, hold or sell. While making independent and educated decisions, you will be able to hedge your portfolio from the volatile forces in the market, and will offset the erosive impact of inflation and taxation. In this electronic age, investors have quick access to important information relevant to the decision process. The guidelines and formulas that serve as foundations to the Fuzzy Logic approach gives you the ability to build customized programs. Investing in Mutual Funds Using Fuzzy Logic is for the individual who wants to invest in financial instruments that will provide a return for growth. With the investment approach he devised, Peray guides the you towards achieving your investment goals.

Download or read book Fuzzy and Neutrosophic Systems and Time Allocation of Money written by M. Khoshnevisan and published by Infinite Study. This book was released on with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Each individual investor is different, with different financial goals, different levels of risk tolerance and different personal preferences. From the point of view of investment management, these characteristics are often defined as objectives and constraints.

Download or read book Efficient Asset Management written by Richard O. Michaud and published by Oxford University Press. This book was released on 2008-03-03 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of theoretical benefits, Markowitz mean-variance (MV) optimized portfolios often fail to meet practical investment goals of marketability, usability, and performance, prompting many investors to seek simpler alternatives. Financial experts Richard and Robert Michaud demonstrate that the limitations of MV optimization are not the result of conceptual flaws in Markowitz theory but unrealistic representation of investment information. What is missing is a realistic treatment of estimation error in the optimization and rebalancing process. The text provides a non-technical review of classical Markowitz optimization and traditional objections. The authors demonstrate that in practice the single most important limitation of MV optimization is oversensitivity to estimation error. Portfolio optimization requires a modern statistical perspective. Efficient Asset Management, Second Edition uses Monte Carlo resampling to address information uncertainty and define Resampled Efficiency (RE) technology. RE optimized portfolios represent a new definition of portfolio optimality that is more investment intuitive, robust, and provably investment effective. RE rebalancing provides the first rigorous portfolio trading, monitoring, and asset importance rules, avoiding widespread ad hoc methods in current practice. The Second Edition resolves several open issues and misunderstandings that have emerged since the original edition. The new edition includes new proofs of effectiveness, substantial revisions of statistical estimation, extensive discussion of long-short optimization, and new tools for dealing with estimation error in applications and enhancing computational efficiency. RE optimization is shown to be a Bayesian-based generalization and enhancement of Markowitz's solution. RE technology corrects many current practices that may adversely impact the investment value of trillions of dollars under current asset management. RE optimization technology may also be useful in other financial optimizations and more generally in multivariate estimation contexts of information uncertainty with Bayesian linear constraints. Michaud and Michaud's new book includes numerous additional proposals to enhance investment value including Stein and Bayesian methods for improved input estimation, the use of portfolio priors, and an economic perspective for asset-liability optimization. Applications include investment policy, asset allocation, and equity portfolio optimization. A simple global asset allocation problem illustrates portfolio optimization techniques. A final chapter includes practical advice for avoiding simple portfolio design errors. With its important implications for investment practice, Efficient Asset Management 's highly intuitive yet rigorous approach to defining optimal portfolios will appeal to investment management executives, consultants, brokers, and anyone seeking to stay abreast of current investment technology. Through practical examples and illustrations, Michaud and Michaud update the practice of optimization for modern investment management.

Download or read book Mathematics and Computing written by B. Rushi Kumar and published by Springer Nature. This book was released on 2023-03-14 with total page 701 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprises select peer-reviewed articles submitted for the proceedings of the International Conference on Mathematics and Computing (ICMC 2022), held by the School of Advanced Sciences, Vellore Institute of Technology, Vellore, India, in association with Ramanujan Mathematical Society, India, Cryptology Research Society of India and Society for Electronic Transactions and Security, India, from 6–8 January 2022. With an aim to identify the existing challenges in the areas of mathematics and computing, the book emphasizes the importance of establishing new methods and algorithms to address these challenges. The book includes topics on diverse applications of cryptology, network security, cyber security, block chain, IoT, mobile network, data analytics, applied algebra, mathematical analysis, mathematical modelling, fluid dynamics, fractional calculus, multi-optimization, integral equations, dynamical systems, numerical analysis and scientific computing. Divided into five major parts—applied algebra and analysis, fractional calculus and integral equations, mathematical modelling and fluid dynamics, numerical analysis, and computer science and applications—the book is a useful resource for students, researchers and faculty as well as practitioners.

Download or read book Collected Papers Volume XI written by Florentin Smarandache and published by Infinite Study. This book was released on 2022-08-01 with total page 1018 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eleventh volume of Collected Papers includes 90 papers comprising 988 pages on Physics, Artificial Intelligence, Health Issues, Decision Making, Economics, Statistics, written between 2001-2022 by the author alone or in collaboration with the following 84 co-authors (alphabetically ordered) from 19 countries: Abhijit Saha, Abu Sufian, Jack Allen, Shahbaz Ali, Ali Safaa Sadiq, Aliya Fahmi, Atiqa Fakhar, Atiqa Firdous, Sukanto Bhattacharya, Robert N. Boyd, Victor Chang, Victor Christianto, V. Christy, Dao The Son, Debjit Dutta, Azeddine Elhassouny, Fazal Ghani, Fazli Amin, Anirudha Ghosha, Nasruddin Hassan, Hoang Viet Long, Jhulaneswar Baidya, Jin Kim, Jun Ye, Darjan Karabašević, Vasilios N. Katsikis, Ieva Meidutė-Kavaliauskienė, F. Kaymarm, Nour Eldeen M. Khalifa, Madad Khan, Qaisar Khan, M. Khoshnevisan, Kifayat Ullah,, Volodymyr Krasnoholovets, Mukesh Kumar, Le Hoang Son, Luong Thi Hong Lan, Tahir Mahmood, Mahmoud Ismail, Mohamed Abdel-Basset, Siti Nurul Fitriah Mohamad, Mohamed Loey, Mai Mohamed, K. Mohana, Kalyan Mondal, Muhammad Gulfam, Muhammad Khalid Mahmood, Muhammad Jamil, Muhammad Yaqub Khan, Muhammad Riaz, Nguyen Dinh Hoa, Cu Nguyen Giap, Nguyen Tho Thong, Peide Liu, Pham Huy Thong, Gabrijela Popović, Surapati Pramanik, Dmitri Rabounski, Roslan Hasni, Rumi Roy, Tapan Kumar Roy, Said Broumi, Saleem Abdullah, Muzafer Saračević, Ganeshsree Selvachandran, Shariful Alam, Shyamal Dalapati, Housila P. Singh, R. Singh, Rajesh Singh, Predrag S. Stanimirović, Kasan Susilo, Dragiša Stanujkić, Alexandra Şandru, Ovidiu Ilie Şandru, Zenonas Turskis, Yunita Umniyati, Alptekin Ulutaș, Maikel Yelandi Leyva Vázquez, Binyamin Yusoff, Edmundas Kazimieras Zavadskas, Zhao Loon Wang.

Download or read book Dynamic Portfolio Theory and Management written by Richard E. Oberuc and published by McGraw Hill Professional. This book was released on 2004 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description

Download or read book Elementary Fuzzy Matrix Theory and Fuzzy Models for Social Scientists written by W. B. Vasantha Kandasamy, Florentin Smarandache, K. Ilanthenral and published by Infinite Study. This book was released on 2007-03-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Super Fuzzy Matrices and Super Fuzzy Models for Social Scientists written by W. B. Vasantha Kandasamy and published by Infinite Study. This book was released on 2008 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the concept of fuzzy super matrices and operations on them. The author has provided only those operations on fuzzy supermatrices that are essential for developing super fuzzy multi expert models. We do not indulge in labourious use of suffixes or superfixes and difficult notations; instead we illustrate the working by simple examples. This book will be highly useful to social scientists who wish to work with multi expert models. An important feature of this book is its simple approach. Illustrations are given to make the method of approach to the problems easily understandable. Super fuzzy models using Fuzzy Cognitive Maps, Fuzzy Relational maps, Bidirectional Associative Memories and Fuzzy Associative Memories are defined here. Every model is a multi expert model. This book will certainly be a boon not only to social scientists but also to engineers, students, doctors and researchers. The authors introduce thirteen multi expert models using the notion of fuzzy supermatrices. These models are also described by illustrative examples.

Download or read book Special Fuzzy Matrices for Social Scientists written by W. B. Vasantha Kandasamy and published by Infinite Study. This book was released on 2007-01-01 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces special classes of Fuzzy and Neutrosophic Matrices. These special classes of matrices are used in the construction of multi-expert special fuzzy models using FCM, FRM and FRE and their Neutrosophic analogues (simultaneous or otherwise according to ones need). Using the six basic models, we have constructed a multi-expert multi-model called Super Special Hexagonal Fuzzy and Neutrosophic Model.Given any special input vector, these models can give the resultant using special operations. When coupled with computer programming, these operations can give the solution within a reasonable time period.Such multi-expert multi-model systems are not only a boon to social scientists, but also to anyone who wants to use Fuzzy and Neutrosophic Models.

Download or read book Fuzzy Interval Matrices Neutrosophic Interval Matrices and their Applications written by W. B. Vasantha Kandasamy and published by Infinite Study. This book was released on 2006-01-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces for the first time the notion of fuzzy interval matrices, fuzzy interval bimatrices, fuzzy interval n-matrices, neutrosophic interval matrices, neutrosophic interval bimatrices, neutrosophic interval n-matrices, fuzzy neutrosophic interval matrices and fuzzy neutrosophic interval n-matrices, where n >= 2.These new notions find their applications in FCInM, FRInM, FBAItM, NCInM, NCRInM and NRInM models, where n>=1.It is important to mention that these Fuzzy interval n-matrices and Fuzzy neutrosophic interval n-matrices will find their usage in Leontief economic models and Markov chains that have lots of industrial applications.

Download or read book Fuzzy Cognitive Maps and Neutrosophic Cognitive Maps written by W. B. Vasantha Kandasamy and published by Infinite Study. This book was released on 2003-01-01 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world of chaotic alignments, traditional logic with its strict boundaries of truth and falsity has not imbued itself with the capability of reflecting the reality. Despite various attempts to reorient logic, there has remained an essential need for an alternative system that could infuse into itself a representation of the real world. Out of this need arose the system of Neutrosophy (the philosophy of neutralities, introduced by FLORENTIN SMARANDACHE), and its connected logic Neutrosophic Logic, which is a further generalization of the theory of Fuzzy Logic. In this book we study the concepts of Fuzzy Cognitive Maps (FCMs) and their Neutrosophic analogue, the Neutrosophic Cognitive Maps (NCMs). Fuzzy Cognitive Maps are fuzzy structures that strongly resemble neural networks, and they have powerful and far-reaching consequences as a mathematical tool for modeling complex systems. Neutrosophic Cognitive Maps are generalizations of FCMs, and their unique feature is the ability to handle indeterminacy in relations between two concepts thereby bringing greater sensitivity into the results. Some of the varied applications of FCMs and NCMs which has been explained by us, in this book, include: modeling of supervisory systems; design of hybrid models for complex systems; mobile robots and in intimate technology such as office plants; analysis of business performance assessment; formalism debate and legal rules; creating metabolic and regulatory network models; traffic and transportation problems; medical diagnostics; simulation of strategic planning process in intelligent systems; specific language impairment; web-mining inference application; child labor problem; industrial relations: between employer and employee, maximizing production and profit; decision support in intelligent intrusion detection system; hyper-knowledge representation in strategy formation; female infanticide; depression in terminally ill patients and finally, in the theory of community mobilization and women empowerment relative to the AIDS epidemic.

Download or read book Applications of Bimatrices to some Fuzzy and Neutrosophic Models written by W. B. Vasantha Kandasamy and published by Infinite Study. This book was released on 2005-12 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives some new types of Fuzzy and Neutrosophic models which can analyze problems in a revolutionary way.The new notions of bigraphs, bimatrices and their generalizations are used to build these models which will be helpful to analyze time dependent problems or problems which need stage-by-stage comparison of more than two experts.The models expressed here can be considered as generalizations of Fuzzy Cognitive Maps and Neutrosophic Cognitive Maps.

Download or read book Vedic Mathematics Vedic or Mathematics A Fuzzy Neutrosophic Analysis written by W. B. Vasantha Kandasamy and published by Infinite Study. This book was released on 2006-12 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ?Vedas? are considered ?divine? in origin and are assumed to be revelations from God. In traditional Hinduism, the Vedas were to be learnt only by the ?upper? caste Hindus. The ?lower castes? (Sudras) and so-called ?untouchables? (who were outside the Hindu social order) were forbidden from even hearing to its recitation. In recent years, there have been claims that the Vedas contain the cure to AIDS and the production of electricity.Here the authors probe into Vedic Mathematics (that gained renown during the revivalist Hindutva rule in India and was introduced into school syllabus in several states); and explore if it is really ?Vedic? in origin or ?Mathematics? in content. To gain a better understanding of its imposition, we interviewed students, teachers, parents, educationists and activists. We analyze this problem using models like Fuzzy Cognitive Maps (FCM), Fuzzy Relational Maps (FRM) and newly constructed Fuzzy Dynamical System (and their Neutrosophic Analogues). The issue of imposition of Vedic Mathematics into the school curriculum involves religious politics, caste supremacy, apart from elementary arithmetic ? so we use fuzzy and neutrosophic techniques to gain acute insight into how students have been affected because of this politically motivated syllabus revision.

Download or read book Reservation for Other Backward Classes in Indian Central Government Institutions Like IITs IIMs and AIIMS A Study of the Role of Media Fuzzy Super FRM Models written by W. B. Vasantha Kandasamy and published by Infinite Study. This book was released on 2009-01-01 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Forecasting Financial Markets in India written by Rudra Prakash Pradhan and published by Allied Publishers. This book was released on 2009 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the Forecasting Financial Markets in India, held at Kharagpur during 29-31 December 2008.

Download or read book Practical Goal Programming written by Dylan Jones and published by Springer Science & Business Media. This book was released on 2010-03-10 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practical Goal Programming is intended to allow academics and practitioners to be able to build effective goal programming models, to detail the current state of the art, and to lay the foundation for its future development and continued application to new and varied fields. Suitable as both a text and reference, its nine chapters first provide a brief history, fundamental definitions, and underlying philosophies, and then detail the goal programming variants and define them algebraically. Chapter 3 details the step-by-step formulation of the basic goal programming model, and Chapter 4 explores more advanced modeling issues and highlights some recently proposed extensions. Chapter 5 then details the solution methodologies of goal programming, concentrating on computerized solution by the Excel Solver and LINGO packages for each of the three main variants, and includes a discussion of the viability of the use of specialized goal programming packages. Chapter 6 discusses the linkages between Pareto Efficiency and goal programming. Chapters 3 to 6 are supported by a set of ten exercises, and an Excel spreadsheet giving the basic solution of each example is available at an accompanying website. Chapter 7 details the current state of the art in terms of the integration of goal programming with other techniques, and the text concludes with two case studies which were chosen to demonstrate the application of goal programming in practice and to illustrate the principles developed in Chapters 1 to 7. Chapter 8 details an application in healthcare, and Chapter 9 describes applications in portfolio selection.