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Black-Litterman porteføljemodell×Pardannelse (statistisk arbitrasje)×
FagfeltFinansFinans
FamilieRegression modelRegression model
Opprinnelsesår19922006
OpphavspersonFischer Black & Robert LittermanGatev, Goetzmann & Rouwenhorst (empirical rule); Vidyamurthy (quantitative framing)
TypeBayesian portfolio allocation modelCointegration-based mean-reversion trading strategy
Opprinnelig kildeBlack, F. & Litterman, R. (1992). Global Portfolio Optimization. Financial Analysts Journal, 48(5), 28-43. DOI ↗Gatev, E., Goetzmann, W. N. & Rouwenhorst, K. G. (2006). Pairs Trading: Performance of a Relative-Value Arbitrage Rule. Review of Financial Studies, 19(3), 797–827. DOI ↗
AliasBlack-Litterman, BL model, Black-Litterman Portföy Modelistatistical arbitrage, relative-value arbitrage, mean-reversion pairs strategy, Çift Alım-Satım Stratejisi (Pairs Trading / Statistical Arbitrage)
Relaterte55
SammendragThe Black-Litterman model, introduced by Fischer Black and Robert Litterman in 1992, is a Bayesian portfolio allocation framework that blends market-equilibrium returns with an investor's own views to produce more stable, intuitive portfolios. It was designed to cure the extreme concentration and input sensitivity of classical Markowitz mean-variance optimisation.Pairs trading is a quantitative trading strategy that takes a long-short position on two cointegrated assets when the gap (spread) between their prices shows mean reversion. It was popularised as a relative-value arbitrage rule by Gatev, Goetzmann and Rouwenhorst (2006) and framed quantitatively by Vidyamurthy (2004).
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ScholarGateSammenlign metoder: Black-Litterman Model · Pairs Trading. Hentet 2026-06-19 fra https://scholargate.app/no/compare