| Abstract [eng] |
There are situations in life when a person or a company earns more than it has to spend or – conversely – spends more than it earns. In such case there is an opportunity to choose saving. One of useful ways of saving is investment into securities. When performing such activity it is always important to estimate profitability and risk of such investment. The objective of this work are to distinguish methods for evaluation of portfolio’s risk and profitability, also – to form an individual portfolio of Lithuanian market stock papers and calculate such portfolio’s risk and profitability. There were following tasks defined: to distinguish between various risk forms, which influence stock papers’ market, also – present with portfolio’s risk assessment methods and methods for evaluation of various securities profitability along with overall portfolio’s profitability. The last task includes formation of individual securities portfolio together with its profitability and risk assessment. This work consists of three main parts. In the first one stock market, securities, which comprise overall portfolio, are discussed. The process of portfolio formation is generalized along with portfolio management methods. Also in this part portfolio’s risk and profitability calculations methods are presented and link between portfolio’s risk and profitability distinguished. In the second part individual portfolio is formed along with its risk assessment and profitability calculation. And the last part – it’s a securities risks and profitability’s forecast. In this part it is trying to presume in what way securities risk and profitability will change. Conclusions and suggestions are stated at the end of this paper, also a summary in English is presented here as well. The overall work consists of 68 pages (without appendixes). Statistical data and other relevant information are presented via 18 pictures and 17 tables. |
