Simulating the Case against Stock Picking

Authors

  • Charles J. Higgins Dept. Finance/CIS Loyola Marymount Univ. 1 LMU Dr. Los Angeles, CA 90045-8385, USA.

DOI:

https://doi.org/10.20448/2002.41.37.39

Keywords:

Stocks, Normal distribution, Skewed distribution, Security, Standard deviation, Investment Stock market, Portfolio, Stock picking , Diversification.

Abstract

In simulating a portfolio of 100 security prices the median terminal price was regularly below that of the average mean portfolio price. In that picking a single security would likely choose the median terminal price, a case can be made against stock picking.

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Published

2018-10-10

How to Cite

Higgins, C. J. (2018). Simulating the Case against Stock Picking. Journal of Accounting, Business and Finance Research, 4(1), 37–39. https://doi.org/10.20448/2002.41.37.39

Issue

Vol. 4 No. 1 (2018)

Section

Articles