Хураангуй:
All investors want minimizing risk with maximizing return. Considering the
tradeoffs between risk and return, Harry Markowitz, an American financial economist,
proposed the so-called Modern Portfolio Theory in 1952. The goal of this paper is to
provide a practical study of Markowitz model on the Mongolian stock market. From
the data inputs which are daily closing prices of stocks that 3 classifications of each 8
Mongolian joint-stock companies (randomly chosen) stocks traded on Mongolian Stock
Exchange between 1st of January 2009 to 31st December 2018. As a result, we can see
which classification of Mongolian joint-stock companies have higher return with lower
risk.
