释义 |
Markowitz efficient set of portfolios Markowitz efficient set of portfoliosThe collection of all efficient portfolios, which can be graphed as the Markowitz efficient frontier.Markowitz Efficient FrontierA graphical representation of the set of portfolios giving the highest level of expected return at different levels of risk. Harry Markowitz theorized that each level of risk contains one combination of assets giving the highest expected return. An efficient set of portfolios is represented as a line on a graph with risk as the x-axis and expected return as the y-axis; this representation is the Markowitz efficient frontier. See also: Markowitz Efficient Portfolio, Homogeneous Expectations Assumption. |