Departmental Bulletin Paper 国際投資のリスク分析
A Risk Analysis of International Investments

Honobe, Erik

8pp.27 - 33 , 2016-03-31 , 多摩大学グローバルスタディーズ学部
Over the last few decades, stock markets have become increasingly global and computerized trading systems have kept facilitating investments into foreign stock markets. In particular, emerging markets have shown possibilities of returns considerably higher than those of developed markets. However, an important downside is the high risk often pertaining to investments in emerging markets. In this paper, we analyze the risk and returns of emerging markets and compare them to those of developed markets. Further, we attempt to determine to what extent an efficient international portfolio can diversify risk without lowering returns, or increase returns without increasing risk. Results from actual data are provided.

Number of accesses :  

Other information