Tvorba a řízení akciového portfolia

Abstract

The main goal of this diploma thesis was to create and optimize the portfolio. The first was to create an effective set that seves as an optimal portfolio of investors with different risks to risk. The portfolio that an investor wishes is found using indifference curves. Furthermore, the optimization task was extended to transaction costs, the firs variant was static, which did not include the adjustment of the original portfolio and the second variant was a dynamic variant that, according to the furute development of shares, adjusted the composition of the portfolio to maximize its effectiveness. In the case of investing, it would be advisable to invest with a dynamic variation. This work contains some simplification that could possibly be extended. These simplification did not include the time value of money, short sales were not allowed and transaction costs were set to a fixed amount and were paid out of external money.