SmartFolio 3.0.83 Corporate License, Jan 18 2012

Short description

SmartFolio will enable you to remedy quite a lot of sensible duties together with:

Find probably the most applicable asset allocation in response to your funding targets, market historical past and forecasts;

Analyze dangers of your funding portfolio from numerous views (volatility, value-at-risk, shortfall chances);

Arrive at satisfactory portfolio rebalancing technique to attenuate rebalancing transaction prices.

Supported analytical strategies embrace shrinkage estimators, sturdy portfolio optimization, walk-forward portfolio optimization, benchmark monitoring, Black-Litterman mannequin, issue fashions, and plenty of others.

SmartFolio Theory

Features

Our superior, continuously up to date software program offers the investor all of the instruments they want. Some of the mathematical algorithms utilized by SmartFolio have solely emerged in the previous few years. Many are subsequently to not be present in different industrial merchandise. The most essential SmartFolio options are outlined beneath:

Fully helps the multi-period funding paradigm.

Fully helps portfolios that includes belongings with non-Gaussian distribution of returns, or non-linear inter-dependencies, together with choices and hedge funds. This is achieved by direct simulation of portfolio dynamics with no mannequin assumptions.

Portfolio Construction

Simultaneous creation of two environments for portfolio evaluation:

Analytical atmosphere: logarithmic value increments are assumed to be impartial usually distributed random variables.

Historical atmosphere: optimization and different procedures are primarily based instantly on historic costs.

Risk-free asset possibility.

Factor-selection possibility for a factor-based asset pricing mannequin.

Estimation of parameters

Equally-weighted pattern estimates of anticipated returns and covariances

Company

Who we’re

Most good software program is born out of necessity, normally when a person fails to search out what they’re in search of. Our flagship undertaking, SmartFolio, was no exception, and was launched in 2004, fuelled by our ardour for our work. Our inspiration was the clear hole between modern advances in portfolio idea and the approaches that have been nonetheless being utilized by most present software program packages.

In 2006 we realized that SmartFolio had severe industrial prospects, and so based Modern Investment Technologies Ltd. to make SmartFolio software program obtainable to all. Our firm is exclusive in that we’re completely primarily based in Moscow, thereby making us the one Russian suppliers {of professional} asset allocation software program presently.

Our philosophy

Our firm has been privileged to have developed within the so known as info age, in a world the place know-how advances with super pace. But we shortly realised that this additionally had disadvantages. As many newly rising theories are revealed instantly, no firm, even with the brightest of minds, has even the slightest probability of competing in analysis.

We subsequently determined that as an alternative of implementing our personal in-house approaches, we’d focus our efforts on rigorously choosing and integrating the latest and promising theoretical achievements that turned obtainable by open supply. This permits us to not solely retain our aggressive edge, but in addition to guard our purchasers from the dangers related to utilizing proprietary “black-box” algorithms which might be nearly at all times obscure and infrequently unpredictable.

SmartFolio 3.0.83

Bug fixes

SmartFolio failing to import dividend knowledge from Yahoo!Finance as a consequence of change within the Yahoo dividend historical past web page – mounted