Zaimovic, Azra; Omanovic, Adna; Arnaut-Berilo, Almira - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-30
previous empirical studies to identify certain patterns in determining the optimal number of stocks in well …-diversified portfolios in different markets, and to compare how the optimal number of stocks has changed over different periods and how it … refers to, etc. Our paper provides additional support for the fact that (1) a generalized optimal number of stocks that …