£57.64

About as cheap as it gets — within 5% of the all-time low it hit 1 month ago.

£58 today · all-time low £55 (Aug 2026) · usually the usual

VDM Verlag Opportunity Cost of Constrained Portfolio Strategies: Theory, Method, Evidence

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Last 54 days · 54 data points (no recent data)

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£57.65 £55.19 £55.72 £56.26 £56.80 £57.34 £57.87 26 July 2026 08 August 2026 21 August 2026 03 September 2026 17 September 2026
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Price Distribution

Price distribution over 54 days • 2 price levels

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Current Price
12 days 42 days · current 0 11 21 32 42 £55 £58 Days at Price

Price Analysis

Most common price: £58 (42 days, 77.8%)

Price range: £55 - £58

Price levels: 2 different prices over 54 days

Description

Financial investors frequently confront factors suchas financial regulations that prevent them fromattaining a first-best solution to the optimal assetallocation problem. For example, they may be requiredto implement a mean-variance efficient portfolio, orthey may be constrained to invest in anon-well-diversified choice of assets, such asholding stocks only or bonds only, or they may beconstrained from short-selling. Such constraintsimply the imposition of a welfare loss on theinvestor. That a welfare loss is inevitable is wellknown, but the portfolio choice literature thus farhas offered little guidance on how to measure theloss, and how various factors will influence theamount of the loss. This volume tackles the welfareloss problem in a comprehensive and rigorous manner.Using a combination of mathematical analysis andcomputer simulation, deep insight is achieved into avariety of constrained portfolio choice problems. Thebook will be found highly illuminating to portfoliochoice theorists as well as to students andpractitioners of investment analysis.

Product Specifications

Format
paperback
Domain
Amazon UK
Publication Date
21 August 2008
Listed Since
19 March 2009

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