Investigation of the Valuation Model and Asset Allocation Based on Duration

DOI

10.2991/assehr.k.211209.350How to use a DOI?

Keywords

duration; valuation model; asset allocation

Abstract

Valuation is an important part of asset estimation and allocation, which are utilized in previous studies to evaluate the value of investment based on different models. In this paper, the duration is investigated as a valuation model in order to access the efficiency in asset allocation and is compared with the normal way which uses the discount rate. The way to calculate the duration and the mean to obtain the amounts of asset in portfolio by using duration are demonstrated. Besides, the empirical study and the sensitive analysis are carried out to find the elements that affects the present value and the amount of asset in portfolio. These results pave a new path to calculate present value by using duration, which will be efficient in valuation during investment.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Yuchen Liu
PY  - 2021
DA  - 2021/12/15
TI  - Investigation of the Valuation Model and Asset Allocation Based on Duration
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 2137
EP  - 2143
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.350
DO  - 10.2991/assehr.k.211209.350
ID  - Liu2021
ER  -