The thermodynamics of portfolios
classification
❄️ cond-mat.stat-mech
q-fin.PM
keywords
portfoliosthermodynamicsallowscanonicaldefineensembleformalisminvesting
read the original abstract
We propose a new method of valuation of portfolios and their respective investing strategies. To this end we define a canonical ensemble of portfolios that allows to use the formalism thermodynamics.
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