Teoría de Markowitz con metodología EWMA para la toma de decisión sobre cómo invertir su dinero

Financial markets currently offer various investment alternatives, including a variety of assets, which are differentiated by the level of profitability, liquidity, volatility and trading volume associated with them, among other characteristics of the market; it which implies that investors use various tools to choose optimal investments incurring a level of risk. Given the above, this paper presents a model of efficient portfolio optimization based on Markowitz´s theory, using EWMA methodology for the calculation of portfolio risk.