Swarm Intelligence in Portfolio Selection
Shahab Mohammad-Moradi, Hamid Khaloozadeh, Mohamad Forouzanfar, Ramezan Paravi, Nosratallah Forghani · InTech eBooks · 2009
In this study, a new optimization method is used for portfolio selection problem which is powerful to select the best portfolio proportion with minimum risk and high return. One of the advantages of this hybrid approach is the high speed of convergence to the best solution, because it uses both advantages of GA and PSO approaches. Simulation results demonstrate that the BS approach can achieve better solutions to stochastic portfolio selection compared to PSO method.