Investigation of the Valuation Model and Asset Allocation Based on Duration
- 10.2991/assehr.k.211209.350How to use a DOI?
- duration; valuation model; asset allocation
Valuation is an important part of asset estimation and allocation, which are utilized in previous studies to evaluate the value of investment based on different models. In this paper, the duration is investigated as a valuation model in order to access the efficiency in asset allocation and is compared with the normal way which uses the discount rate. The way to calculate the duration and the mean to obtain the amounts of asset in portfolio by using duration are demonstrated. Besides, the empirical study and the sensitive analysis are carried out to find the elements that affects the present value and the amount of asset in portfolio. These results pave a new path to calculate present value by using duration, which will be efficient in valuation during investment.
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Yuchen Liu PY - 2021 DA - 2021/12/15 TI - Investigation of the Valuation Model and Asset Allocation Based on Duration BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 2137 EP - 2143 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.350 DO - 10.2991/assehr.k.211209.350 ID - Liu2021 ER -