SmartFolio Academic Edition download

"SmartFolio a high, easy to use advanced analytical tools."
Advanced, continuously updated software provides all tools necessary investors. Some mathematical algorithms used by SmartFolio emerged only in the last few years. Others can be found in many commercial products are not for this reason. The most important feature SmartFolio below:

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General

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Paradigm supports full multi-term investment.
Full portfolio of non-return assets, or Gaussian distribution with support between outlined nonlinear dependencies, including options and hedge funds. Dynamics of this portfolio through direct simulation to obtain a model with assumptions. Two environments for portfolio analysis

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Portfolio Construction
Simultaneous creation:

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* Analytical environment: logarithmic price increments are assumed to be independent normal random variables.
* Date Environment: optimization and other operations are based directly on historical prices.

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risk-free asset option.
Factor-a factor-based asset pricing model for option selection.
estimated parameters
Stambaugh combined sample estimates, used if asset histories differ in length
An example of a common value is expected Jorion the estimated average return shrinks back.
The covariance-Matrix-Wolf Ledoit estimated sample covariance matrix for constant correlation covariance matrix is minimized.

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The Pastor-Stambaugh expected returns and their colleagues for the sample covariances estimates Wang joint estimate shrinks, the selected factor model implies.
MacKinlay expected returns and covariances, assumptions, prices by unobservable factors.
Parameter estimates are described in black-this includes Litterman model based on the subjective views invetsor joint forecasting and asset allocation process Pastor SmartFolio Academic Edition 3.0.65 now can download free.