Ryuichi T. Kishimoto, Karen Kaye Banaag Estrada, Michael Nayat Young
{"title":"大流行期间航空和游轮行业的投资组合选择","authors":"Ryuichi T. Kishimoto, Karen Kaye Banaag Estrada, Michael Nayat Young","doi":"10.1145/3447432.3447444","DOIUrl":null,"url":null,"abstract":"This study provides the investigation of the safety-first model on the airlines and cruise ship companies listed in the NASDAQ Market. The researchers collected 701 historical data within these companies to estimate the future returns. Applying the SF model to conduct backtesting on the 200 trading covering days before and during the pandemic COVID-19. The study shows that having different parameters set by the researchers to consider from an investor who is most brave and most cautious, no portfolio gave good results compared to the benchmark market. The result section shows the summary wherein the results of these portfolios underperformed the market. This paper contributes with results and analysis on the tourism industry under the NASDAQ during the health crisis.","PeriodicalId":111736,"journal":{"name":"2021 The 2nd International Conference on Industrial Engineering and Industrial Management","volume":"55 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Portfolio Selection on Airlines and Cruise Ship Industry During Pandemic\",\"authors\":\"Ryuichi T. Kishimoto, Karen Kaye Banaag Estrada, Michael Nayat Young\",\"doi\":\"10.1145/3447432.3447444\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study provides the investigation of the safety-first model on the airlines and cruise ship companies listed in the NASDAQ Market. The researchers collected 701 historical data within these companies to estimate the future returns. Applying the SF model to conduct backtesting on the 200 trading covering days before and during the pandemic COVID-19. The study shows that having different parameters set by the researchers to consider from an investor who is most brave and most cautious, no portfolio gave good results compared to the benchmark market. The result section shows the summary wherein the results of these portfolios underperformed the market. This paper contributes with results and analysis on the tourism industry under the NASDAQ during the health crisis.\",\"PeriodicalId\":111736,\"journal\":{\"name\":\"2021 The 2nd International Conference on Industrial Engineering and Industrial Management\",\"volume\":\"55 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2021-01-08\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"2021 The 2nd International Conference on Industrial Engineering and Industrial Management\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1145/3447432.3447444\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"2021 The 2nd International Conference on Industrial Engineering and Industrial Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/3447432.3447444","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Portfolio Selection on Airlines and Cruise Ship Industry During Pandemic
This study provides the investigation of the safety-first model on the airlines and cruise ship companies listed in the NASDAQ Market. The researchers collected 701 historical data within these companies to estimate the future returns. Applying the SF model to conduct backtesting on the 200 trading covering days before and during the pandemic COVID-19. The study shows that having different parameters set by the researchers to consider from an investor who is most brave and most cautious, no portfolio gave good results compared to the benchmark market. The result section shows the summary wherein the results of these portfolios underperformed the market. This paper contributes with results and analysis on the tourism industry under the NASDAQ during the health crisis.