International Journal of Computational Intelligence Systems

Volume 8, Issue 5, September 2015, Pages 874 - 885

Combining RMT-based filtering with time-stamped resampling for robust portfolio optimization

Authors
David Quintana, Sandra García-Rodríguez, Silvano Cincotti, Pedro Isasi
Corresponding Author
David Quintana
Received 26 October 2014, Accepted 13 June 2015, Available Online 1 September 2015.
DOI
10.1080/18756891.2015.1084707How to use a DOI?
Keywords
Portfolio optimization, Filtering, Robustness, Multi-objective optimization
Abstract

Finding the optimal weights for a set of financial assets is a difficult task. The mix of real world constrains and the uncertainty derived from the fact that process is based on estimates for parameters that likely to be inaccurate, often result in poor results. This paper suggests that a combination of a filtering mechanism based on random matrix theory with time-stamped resampled evolutionary multiobjective optimization algorithms enhances the robustness of forecasted efficient frontiers.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Journal
International Journal of Computational Intelligence Systems
Volume-Issue
8 - 5
Pages
874 - 885
Publication Date
2015/09/01
ISSN (Online)
1875-6883
ISSN (Print)
1875-6891
DOI
10.1080/18756891.2015.1084707How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - JOUR
AU  - David Quintana
AU  - Sandra García-Rodríguez
AU  - Silvano Cincotti
AU  - Pedro Isasi
PY  - 2015
DA  - 2015/09/01
TI  - Combining RMT-based filtering with time-stamped resampling for robust portfolio optimization
JO  - International Journal of Computational Intelligence Systems
SP  - 874
EP  - 885
VL  - 8
IS  - 5
SN  - 1875-6883
UR  - https://doi.org/10.1080/18756891.2015.1084707
DO  - 10.1080/18756891.2015.1084707
ID  - Quintana2015
ER  -