Portfolio formation by cluster analysis.

• Main Authors: Chua, Hoe Sing., Tan, Sok Lee., Thong, Philip Kok Wah.
• Other Authors: Yeo, Gillian Hian Heng
• Format: Theses and Dissertations
• Language: English
• Published: 2009
• Subjects: DRNTU::Business::Finance::Investments
• Online Access: http://hdl.handle.net/10356/20115
• Institution: Nanyang Technological University

The project studies the portfolios' formation through different strategies. Some of the strategies covered in this studies are the Cluster strategy, Industrial strategy and the Random strategy. The central issues are to investigate whether the portfolio based on Cluster strategy will out-perform portfolios built based on Industrial and Random strategies. The Market Portfolio strategy will be used as a bench mark for all findings. This project further include findings into whether firms in different risk return clusters are characterized by different industrial segmentation, market segmentation or random segmentation.