Home/Quantitative Finance/Portfolio Theory & Asset Pricing

Portfolio Theory & Asset Pricing

Mean-variance choice, equilibrium pricing, and factor models: how risk and return are allocated across assets.

12chapters

Beginner

01Returns, Risk, and the Opportunity SetEasy→
02Diversification and CovarianceMedium→

Intermediate

03Mean-Variance OptimizationHard→
04The Minimum-Variance FrontierHard→
05
Two-Fund Separation and the Capital Market LineSoon
06
CAPM and BetaSoon
07
The Single-Index ModelSoon
08
APT and Multifactor ModelsSoon
09
Utility, Risk Aversion, and Optimal PortfoliosSoon
10
Constraints, Short Sales, and Practical FrontiersSoon
11
Performance Measurement and AttributionSoon
12
Beyond Mean-Variance: CVaR, Drawdown, and Black–LittermanSoon