Abstract:In recent years, due to the growth and development of financing tools and methods, financial institutions are always looking for new, efficient, and low-cost methods. In carrying out their daily production operations, companies are faced with different and diverse financial input and output flows from purchasing orders and inventory to receiving the price of sold goods, which are not the same in terms of time. Therefore, they will inevitably look for the financing of these processes, which is referred to as wo… Show more
“…The results of the optimization have shown that in all three mentioned models, more weight in the investment portfolio has been allocated to industries that have less fluctuations in the stock returns of those industries. Also, the optimal weight has been decreasing over time for industries whose efficiency fluctuations have increased, and on the contrary, if the fluctuations in efficiency have decreased over time, the optimal share of the portfolio has increased [12]. Some other researchers focused on the optimization of the investment portfolio using the multivariable Markowitz and multivariate model.…”
Purpose: Portfolio optimization is one of the important issues in the field of financial sciences and investment, which has many applications in financial planners and decisions. By choosing a suitable stock portfolio, it is possible to greatly increase the efficiency of investment (in terms of increasing returns and reducing risk).
Methodology: In this paper, by presenting a model of liquidity risk, using the concept of diversification in the form of Shannon's entropy and econometric approach, an optimal portfolio of investment with the lowest risk and the highest return has been presented in the form of a portfolio. To calculate the liquidity risk, using multivariable methods, the variance-covariance matrix of price index returns and price gap was calculated and used in the presented model, and finally, the optimal weight was used using the optimization method and meta-heuristic algorithm of non-dominant ranking of the second version., calculated for selected industries.
Findings: The output results of the model show that the optimal weight of the groups that have less variance in the optimal portfolio is higher.
Originality/Value: Besides, the effect of removing the concept of liquidity from the model leads to an increase in the weight of industries that have less liquidity, and along with the increase in risk, the return of the optimal portfolio also increases in this case.
“…The results of the optimization have shown that in all three mentioned models, more weight in the investment portfolio has been allocated to industries that have less fluctuations in the stock returns of those industries. Also, the optimal weight has been decreasing over time for industries whose efficiency fluctuations have increased, and on the contrary, if the fluctuations in efficiency have decreased over time, the optimal share of the portfolio has increased [12]. Some other researchers focused on the optimization of the investment portfolio using the multivariable Markowitz and multivariate model.…”
Purpose: Portfolio optimization is one of the important issues in the field of financial sciences and investment, which has many applications in financial planners and decisions. By choosing a suitable stock portfolio, it is possible to greatly increase the efficiency of investment (in terms of increasing returns and reducing risk).
Methodology: In this paper, by presenting a model of liquidity risk, using the concept of diversification in the form of Shannon's entropy and econometric approach, an optimal portfolio of investment with the lowest risk and the highest return has been presented in the form of a portfolio. To calculate the liquidity risk, using multivariable methods, the variance-covariance matrix of price index returns and price gap was calculated and used in the presented model, and finally, the optimal weight was used using the optimization method and meta-heuristic algorithm of non-dominant ranking of the second version., calculated for selected industries.
Findings: The output results of the model show that the optimal weight of the groups that have less variance in the optimal portfolio is higher.
Originality/Value: Besides, the effect of removing the concept of liquidity from the model leads to an increase in the weight of industries that have less liquidity, and along with the increase in risk, the return of the optimal portfolio also increases in this case.
The conventional supply chain framework included smart objects to upgrade intelligence, mechanization capabilities, and intelligent decision-making. Internet of things (IoT) advances give uncommon openings to extend productivity, diminish supply chain framework costs, and optimize energy consumption. Optimizing energy utilization with the IoT makes moving forward operational productivity in any industry conceivable. The applications of IoT within the energy segment have pulled in the extraordinary consideration of customers, businesses, and indeed, governments. For case, joining sun-oriented energy into control checking systems is one of the benefits of IoT within the supply chain, which changes a supply chain administration framework into a green and energy-saving plan. Utilizing daylight as an energy source empowers commerce to spare costs while giving a nonstop control supply to guarantee gadgets work without battery substitutions. Using renewable vitality, an intelligent framework prepared with the IoT transmits less nursery gases than conventional vitality sources.
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