Description

 

Short description

SmartFolio will show you how to resolve quite a lot of sensible duties together with:

 

 

Find probably the most applicable asset allocation in accordance with your funding objectives, market historical past and forecasts;

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

Arrive at sufficient portfolio rebalancing technique to reduce rebalancing transaction prices.

 

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

 

SmartFolio Theory

Features

Our superior, continuously up to date software program provides the investor all of the instruments they want. Some of the mathematical algorithms utilized by SmartFolio have solely emerged in the previous couple of years. Many are subsequently to not be present in different industrial merchandise. The most vital 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 way of direct simulation of portfolio dynamics with no mannequin assumptions.

 

Portfolio Construction

Simultaneous creation of two environments for portfolio evaluation:

 

Analytical setting: logarithmic worth increments are assumed to be impartial usually distributed random variables.

Historical setting: optimization and different procedures are primarily based straight 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, often when a person fails to seek out what they’re searching for. Our flagship mission, 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 concept and the approaches that have been nonetheless being utilized by most present software program packages.

 

In 2006 we realized that SmartFolio had critical industrial prospects, and so based Modern Investment Technologies Ltd. to make SmartFolio software program out there 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 right now.

 

Our philosophy

Our firm has been privileged to have developed within the so known as data age, in a world the place know-how advances with great velocity. But we rapidly 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 a substitute of implementing our personal in-house approaches, we’d focus our efforts on fastidiously choosing and integrating the latest and promising theoretical achievements that grew to become out there by way of open supply. This permits us to not solely retain our aggressive edge, but in addition to guard our shoppers from the dangers related to utilizing proprietary “black-box” algorithms which can be nearly at all times obscure and sometimes unpredictable.

 

SmartFolio 3.0.83

Bug fixes

SmartFolio failing to import dividend knowledge from Yahoo!Finance resulting from change within the Yahoo dividend historical past web page – fastened