This papers presents optimization of a portfolio consisting of stocks of Indian companies. The optimization has been done using three nature inspired computing techniques-Genetic Algorithm (GA), Wind Driven Optimization (WDO), Ant Lion Optimization (ALO). Overall ALO shows better results compared to other techniques.
A portfolio of is a collection of different types of stocks. This diversification is necessary to reduce investment risk. This paper presents a state of art review of various nature inspired techniques used for portfolio optimization. There are various nature inspired techniques like Genetic Algorithm etc., which are successfully used in many areas of science, engineering and management. This paper looks for applications of these for portfolio optimization. This also presents the gaps, which are present in this research area, and can be surveyed further.
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