<abstract xmlns="http://www.w3.org/1999/xhtml"><p> The main purpose of this article is to present the test results of the hypothesis that the use of one’s own (and foreign) database (used by investment portfolio managers to create indicators of individual stock analyses) has an effect on the accuracy of forecasting future movements of investment portfolio value. In addition to the use of different indicators and methods of stock analysis, the creation of an optimal investment portfolio requires assessment of the suitability and adequacy of the database used in investment portfolio managers′ decisionmaking process; in other words, it is necessary to determine which stocks are to be included in the specific investment portfolio and which are not. The problem of the selection and use of different databases is linked to the question of determining the importance of numerous relevant elements when creating an optimal investment portfolio.</p></abstract>

The main purpose of this article is to present the test results of the hypothesis that the use of one’s own (and foreign) database (used by investment portfolio managers to create indicators of individual stock analyses) has an effect on the accuracy of forecasting future movements of investment portfolio value. In addition to the use of different indicators and methods of stock analysis, the creation of an optimal investment portfolio requires assessment of the suitability and adequacy of the database used in investment portfolio managers′ decisionmaking process; in other words, it is necessary to determine which stocks are to be included in the specific investment portfolio and which are not. The problem of the selection and use of different databases is linked to the question of determining the importance of numerous relevant elements when creating an optimal investment portfolio.

The Influence of One’s Own Database on the Accuracy of Forecasting Future Movements of Investment Portfolio Value

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The main purpose of this article is to present the test results of the hypothesis that the use of one’s own (and foreign) database (used by investment...

The Influence of One’s Own Database on the Accuracy of Forecasting Future Movements of Investment Portfolio Value

Article Category: Original Scientific Paper

Published Online: Jun 27, 2017

Page range: 42 - 48

Received: Jan 01, 2016

Accepted: Sep 01, 2016

DOI: https://doi.org/10.1515/ngoe-2017-0011

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.