Essays about: "Richard Wright"

Found 2 essays containing the words Richard Wright.

1. 1. Cryptocurrency's Role in Optimal Portfolios with von Neumann-Morgenstern Utility Theory

   University essay from Mälardalens universitet/Akademin för utbildning, kultur och kommunikation

   Author : Richard Wright; [2022]
   Keywords : Cryptocurrencies; Portfolio Optimization; Expected Utility;

   Abstract : Should cryptocurrencies populate modern portfolios, and to what degree? How can von Neumann-Morgenstern utility theory determine which portfolio is best? For this thesis, we take six cryptocurrencies and six stocks to create optimal portfolios from each and a combination of both. Then we compare the expected utility from each portfolio, with and without short selling, to a benchmark. READ MORE

3. 2. Did 2001 Mark the Beginning of a More Manipulated Market? An Analysis of Financial Markets via Benford's Law

   University essay from Mälardalens högskola/Akademin för utbildning, kultur och kommunikation

   Author : Richard Wright; Erik Munther; [2021]
   Keywords : Benford s Law; S P 500; STOXX Europe 600; Financial Markets; Stock Crash.;

   Abstract : Can the law of the natural distribution of random numbers expose malice in financial markets? This thesis aims to analyze the indices S&P 500 and STOXX 600, in an effort to identify days in which behavior in the market was the result of financial manipulation or non normal market movements. What was discovered by extending a previous study [10], was that we could accurately identify many days in which the market crashed or was affected by malpractice similar to the events in the 2007-2008 financial crisis. READ MORE