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The Creation of Own Portfolio on a Stock Market
OBSTOVÁ, Marie
This bachelor thesis is dedicated to the characterization of selected sectors of the stock market in terms of yield and risk and to the suggestion optimal portfolio based on the detected results. The thesis consists of two main parts, the theoretical and practical ones. The first section is dedicated to characteristic basic concepts and portfolio characteristics. The second part of this thesis deals with selection of 60 shares of the five shares sectors, calculations of the main characteristics and creating the optimal portfolio. The used characteristics for rating of the shares are yield, risk, systematic risk, individual risk, median, coefficient of variation and factor beta. At a portfolio of 15 shares were confirmed the theoretical conclusions about the drop in the overal risk due to individual risk. The values of individual risk fell from 8,35 % to 1,56 %. In practice this is unworkable portfolio. The reason is the high fees and systematic risk, what for they are created three portfolio after 5 shares. These portfolio can be seen as the result of work.
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