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CPPI or C&M [推广有奖]

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googlefinal 发表于 2012-5-16 09:31:37 |AI写论文

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Hello everyone,

We all know CPPI could outperform C&M in a trending market and offer portfolio with a protection, and vice versa for C&M.

However, what if the question inform us the market is a reversal, while the customer need us to keep a protection for the portfolio. Which one would you choose?

Thanks!

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关键词：CPPI PPI protection Outperform Portfolio customer everyone protection question market

相关帖子

沙发

owenhl 发表于 2012-5-16 19:29:11

Use constant mix as reversal means fluctuation

藤椅

bridgethu 发表于 2012-5-17 02:08:37

Can you tell where you see this question?

板凳

asakawalan 发表于 2012-5-17 17:18:02

reversal means a down-down oscilliation, cppi provides better protection.

报纸

bridgethu 发表于 2012-5-18 04:14:21

我觉得是buy & hold吧. CM没有protection, CPPI perform worse than BH and CM in reversal market

地板

wangc0704 发表于 2012-5-18 08:37:14

同意楼上的

7楼

googlefinal 发表于 2012-5-18 08:49:18

bridgethu的回答是正解！
QUESTION CLEAR

8楼

fridayshow 发表于 2012-5-20 05:47:56

asakawalan 发表于 2012-5-17 17:18
reversal means a down-down oscilliation, cppi provides better protection.

down-down oscilliation? you mean down-up osciliation? what is exactly a down-and-down osciliation?

9楼

tianjinxtl 发表于 2012-5-21 07:52:03

in trending market, CCPI > Buy and Hold > Constaint Mix
when fluctuating, constant mix > buy and Hold > CPPI.
CPPI 是越涨越买，assuming momentum following,
constaint mix是上涨了就卖, assuming mean reversion.

个人理解，欢迎交流