Portfolio Selection Based on Bayesian Theory

<table class="table-group" id="tab1"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left"> </td><td class="align_center">Short-selling</td><td class="align_center">No short-selling</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">Sharpe ratio</td><td class="align_center">0.411</td><td class="align_center">0.097</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Sharpe ratios with Bayesian-GARCH(1,1).</div>

Mathematical Problems in Engineering

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Table 1

Table 1: Portfolio Selection Based on Bayesian Theory 