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http://dx.doi.org/10.5762/KAIS.2011.12.9.3849

A Portfolio Selection Strategy with Consideration of Growth Potential of Corporations  

Choi, Da-Young (Dept. of Management Engineering, Sangmyung University)
Ahn, Beum-Jun (Dept. of Management Engineering, Sangmyung University)
Shin, Hyun-Joon (Dept. of Management Engineering, Sangmyung University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.12, no.9, 2011 , pp. 3849-3855 More about this Journal
Abstract
This study presents an efficient strategy for selecting portfolio by evaluating growth potential of a corporation based on dividend. Through preliminary experiments, we extract 4 categories to sort out prospective stocks and develop a scoring table including criteria and formulas used to calculate scores for each category. In order to show the effectiveness of the portfolio selected by scoring table, we constructed 3 portfolios for every 4 years (2007-2010) out of 927 listed companies in KRX and proved that our portfolios are superior to market portfolio in terms of rate of return.
Keywords
Portfolio Selection; Investment Strategy; Growth Potential; Scoring Table; Dividend; KOSPI;
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  • Reference
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