In this work, I introduce a new investment strategy for long-term equity investors. In particular, my proposed portfolio relies on the mean-variance approach as in Markowitz (1952), and it requires the same input estimates and is vividly located on the efficient frontier. The analytic...

Convolutional neural networks (CNN) and long short-term memory (LSTM) networks have become a staple of sequence learning. Due to the well-established fact that financial time series data exhibit exceptionally noisy characteristics, capital market anomalies are virtually impossible to detect. We...

Monte Carlo simulation methods for the valuation of financial instruments have become a staple of empirical economic analysis. A specific focus is dedicated to the feasibility of the stock price losses and barrier options as well as the sensitivity of partial time barrier options in dependence...