Construction of Optimal Portfolio Using Sharpe’S Single index Model: An Empirical Study on Indian Computer Software Industry Stocks
Journal Title: International Journal of Management, IT and Engineering - Year 2017, Vol 7, Issue 12
Abstract
Indian IT services companies are establishing their presence in all major global markets. Accordingly the primary concern of this research is to build an optimal portfolio from Indian Computer Software Industry with the assistance of Sharpe index model. NSE listed top 28 computer software securities on basis of market capitalization have been selected for the present research. Present study covers five years time period from October 1, 2012 to October 1, 2017. Nineteen companies have been selected on the basis of Cut-off point. An investor is getting 2.569172% of Portfolio Return on an average by constructing Portfolio of NSE 19 Computer Software securities, and against it he is bearing 6% Portfolio Risk. All the selected securities except Ramco Ltd and Sasken Tech Ltd are having beta less than 1, so we can say that they are stable earning securities with low level of risk.It is believed that present study would prove useful to investors for putting their resources optimally into Indian Computer Software Industry and to choose which companies would give most elevated return at low risk.
Authors and Affiliations
Dr. Rupinder Katoch
Keywords
Related Articles
- EP ID EP18971
- DOI -
- Views 303
- Downloads 8
slugEffect of 2-Phosphono Butane 1, 2, 4, Tricarboxylic Acid on germination and seedlings of Vigna sinensis
There is an urgent need to develop suitable soil amendments to resolve the problem. The attempts have been made to test 2-Phosphono Butane 1,2,4, Tricarboxylic Acid (Codex-551) as one of the chemical amendment for sali...
slugThe Moderating Role of Supporting Technology on the Relationship between Firm Integration and Supply Chain Orientation
The purpose of this research is to present the relationship between firm integration and supply chain orientation and supporting technology as moderating that relationship. The data collection instrument used was a que...
slugMITIGATION OF CHROMATIC DISPERSION BY ALL PASS FILTER
Dispersion in a single mode fiber is the bottleneck of long haul optical communication systems, which limits the bit rate and repeater-less distance. Chromatic dispersion (CD) of a single mode fiber (SMF) is an importa...
Consistency and Safe Caching in Distributed File System by Using Lease Based Mechanism
In this paper, we argue that weak cache consistency and unsecured caching in distributed file system environment supported by existing mechanism and protocol, and must be augmented by strong consistency mechanisms and...
slugQUANTIFICATION OF AGILITY OF A SUPPLY CHAIN USING FUZZY LOGIC
We focus on the issue of performance evaluation in supply chains, in particular the concept of “Agility”. All parameters of agility can be qualitatively judged in linguistic terms. We specifically target the problem of...