PENGGUNAAN PEMBOBOTAN MODEL BLACK-LITTERMAN DALAM MENENTUKAN VALUE AT RISK PADA PORTOFOLIO INVESTASI
Abstract
This paper discusses the use of the Black-Litterman weighting in determining the value at risk in the investment portfolio. Black-Litterman model obtained through sampling theory approach is used to determine the weight of each portfolio asset. Based on the
weight of assets of the Black-Litterman obtained standard deviation Black-Litterman portfolio is used in the calculation of Value at Risk in the Black-Litterman portfolio.
weight of assets of the Black-Litterman obtained standard deviation Black-Litterman portfolio is used in the calculation of Value at Risk in the Black-Litterman portfolio.
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