Year of Graduation
The Impact on the Time Horizon of Rsk and Return of Investment
The task in this graduate qualification work is to prove that investing in stocks becomes more effective when the time horizon increases. To solve this problem, a study was conducted in three markets: Hong Kong, India and Russia. This sample is explained by the prospects of markets and the potential for growth of each country. The historical data used for detailed analysis on the stock indices of countries: HSI, SENSEX (from 1980 to 2017) and the MICEX (from 2000 to 2017). To estimate the effectiveness of investment were used the coefficients of Sharp, Sortino and the coefficient of variation (CV). As the result was drown a conclusion the increasing of the time horizon positively impacts on return of investments in stocks on all reviewed markets.