Understanding BFGS Optimization with F# Implementation
Optimization methods has always been one of my favorite topics given their central role in solving complex problems involving probability. Many problems, especially those involving parameter estimation, rely heavily on optimization techniques
Monte Carlo Simulation and Stock Prices Forecasting
Monte Carlo Simulation is a mathematical technique used in modeling the probability of different outcomes especially where there is uncertainty or randomness of variables. Monte Carlo simulation helps in providing an understanding of the impact of risk and uncertainty in prediction and forecasting models.
Portfolio Optimization
Portfolio optimization is the method of selecting the best portfolio, which gives back the most profitable rate of return for each unit of risk taken by the investors. A portfolio is defined as the pool of investment options of an investor. The best portfolio for an investor depends upon various options like risk appetite, expected rate of return, other cost minimization. An ideal portfolio would be the one that has the highest Sharpe ratio.
Innova signs on African Financial Services Limited
Innova Limited has been awarded the contract to implement for African Financial Services Limited (Zambia), a subsidiary of Sanlam Group, various software solutions including Fund Management and Unit Trust/CIS software.