%0 Journal Article
%T Application of Volatility in Portfolio  Construction
%A Michael Ha
%A George Z. Liu
%A Lihui Zheng
%J Journal of Applied Mathematics and Physics
%P 808-813
%@ 2327-4379
%D 2015
%I Scientific Research Publishing
%R 10.4236/jamp.2015.37099
%X <p class=\"MsoNormal\">
	<span lang=\"EN-US\">We studied the CBOE Market Volatility Index
from 1995 to 2004 and the Cross-Sectional Volatility of MSCI US and MSCI AC
Asia ex Japan of the same period. Tracking Error calculations and Market
Volatility Analyses were performed. We selected a portfolio, Dragon, for Risk
Analysis, Risk Decomposition and Risk Characteristics identification purposes.
A conclusion relating Dragon¡¯s Tracking Error and its Portfolio Size was drawn.</span> 
</p>
%K Volatility
%K VIX
%K Tracking Error
%K Active Risk
%K Risk Decomposition
%K Risk Characteristics
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=57658