{"entities":{"Q2298422":{"pageid":2309165,"ns":120,"title":"Item:Q2298422","lastrevid":57257898,"modified":"2026-03-27T16:31:30Z","type":"item","id":"Q2298422","labels":{"en":{"language":"en","value":"Portfolio selection based on Bayesian theory"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 7170818"}},"aliases":{},"claims":{"P31":[{"mainsnak":{"snaktype":"value","property":"P31","hash":"fd5912e4dab4b881a8eb0eb27e7893fef55176ad","datavalue":{"value":{"entity-type":"item","numeric-id":56887,"id":"Q56887"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$F38315E9-66CA-4621-A7B7-020C1B4C0FCA","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"d3ab0580759ce6a9bd108271f61e5732c53857ad","datavalue":{"value":{"text":"Portfolio selection based on Bayesian theory","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q2298422$16117FAC-2F0A-40FA-9BB0-B7A83AAD62AC","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"4158fab3a366586feb30edfe152651d4396ecf91","datavalue":{"value":"1435.91177","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$AFCF4233-C110-4CA5-B536-CB85D39DBEBB","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"7f2ddccfdeb778a5ae03c0df1ada4b7a86c359a3","datavalue":{"value":"10.1155/2019/4246903","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$D160072C-FE3F-4332-AB79-F61248AF9B86","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"8d5153af74ef72b4364e2affeffa4230cbc4a36c","datavalue":{"value":{"entity-type":"item","numeric-id":1621185,"id":"Q1621185"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$2F8D01C8-6EA8-436F-8F45-7605629A8A8F","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"9eff21c951dcc3c7badc102d32796955403d5323","datavalue":{"value":{"entity-type":"item","numeric-id":932088,"id":"Q932088"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$D618F4F4-498D-43B0-A388-BD7102AAF37F","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"0bf7e773da2cec3f4d2169345b1322978a836619","datavalue":{"value":{"entity-type":"item","numeric-id":2298421,"id":"Q2298421"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$0B9C7A26-1B7C-45A5-9253-5137CBEAFD47","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"3224336c45651291f430fb9327e3b2e8ebd31e97","datavalue":{"value":{"entity-type":"item","numeric-id":2063090,"id":"Q2063090"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$A20B4E2D-F277-41B6-8736-5056E9B14FC8","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"3dc97bc0aff607b9c22ce37ffa18b6de85001d90","datavalue":{"value":{"entity-type":"item","numeric-id":86199,"id":"Q86199"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$BAB48354-0C28-4053-B9D3-7078B77CEBF7","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"24486b0c9c2f4867c6ded703b21ce26ee6b26916","datavalue":{"value":{"time":"+2020-02-20T00:00:00Z","timezone":0,"before":0,"after":0,"precision":11,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q2298422$FFB2DA8A-0D40-44F2-B457-06AA65299D8F","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"a30c775308d18040b21aa9ff3b5101c184e09730","datavalue":{"value":"Summary: The traditional portfolio selection model seriously overestimates its theoretic optimal return. Aiming at this problem, two portfolio selection models are proposed to modify the parameters and enhance portfolio performance based on Bayesian theory. Firstly, a Bayesian-GARCH(1,1) model is built. Secondly, Markov Chain is applied to curve the parameters' state transfer, and a Bayesian Markov regime-Switching-GARCH(1,1) model is constructed. Both the two models can handle the overestimation problem and can obtain self-financing portfolios. In the numerical experiments, both the models are examined with data from China stock market, and their performances are compared and analyzed. The results show that BMS-GARCH(1,1) model is superior to the Bayesian-GARCH(1,1) model.","type":"string"},"datatype":"string"},"type":"statement","id":"Q2298422$31549B03-4CD2-4D97-B280-4691B8B1CF09","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"7f918b855cc4e1ef3c50dee94916276dca231342","datavalue":{"value":"91G10","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$C122B1AA-D89F-40D2-8B8C-9C7BE4E488A7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"5aebd1e2f37ac7804756da25eed3c017810ad161","datavalue":{"value":"91G70","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$562A8FF1-FA11-4D6D-9268-55B3C15BB3E5","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"4a8fc00d3d69e1837f024970c798053ff342d011","datavalue":{"value":"62P05","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$870C467A-89D5-488C-AA3F-CDF4AF9724B0","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"263fe214efd09bf9c6b17ea6db9fdd071a64ad13","datavalue":{"value":"7170818","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$EF6999E1-DDEA-402D-8D8E-87C453909FE3","rank":"normal"}],"P1460":[{"mainsnak":{"snaktype":"value","property":"P1460","hash":"57f7fea50d2ce1b39b695c4a1313582eed405e38","datavalue":{"value":{"entity-type":"item","numeric-id":5976449,"id":"Q5976449"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$2F22FDB9-0A44-49CF-9F1B-693EDDE6BF8B","rank":"normal"}],"P205":[{"mainsnak":{"snaktype":"value","property":"P205","hash":"ef0c5fbda7f2f6bbad27e001772f21f4416ec8fc","datavalue":{"value":"https://doi.org/10.1155/2019/4246903","type":"string"},"datatype":"url"},"type":"statement","id":"Q2298422$54DCDDB0-C2F6-465D-9817-CE6CD43C231D","rank":"normal"}],"P388":[{"mainsnak":{"snaktype":"value","property":"P388","hash":"0299cf8400c0ce394e96946a40bdc847da507180","datavalue":{"value":"W2980744127","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$F5724C2A-7567-426E-AE88-85C5F056A9A9","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"770e58c19a224d46190ac0646f1d976de0b9ab83","datavalue":{"value":{"entity-type":"item","numeric-id":1417785,"id":"Q1417785"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$65AC8843-8A0D-4EDA-A557-BCBCB258C185","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"dfb5cbd1d48c35e16aed3121742aae7b80e4a607","datavalue":{"value":{"entity-type":"item","numeric-id":993719,"id":"Q993719"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$790F4639-0BBC-4AC5-AAB0-6FAAE9D1A14B","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"22b643a02a491cb9e849ed90247ac14f274d9c67","datavalue":{"value":{"entity-type":"item","numeric-id":1043348,"id":"Q1043348"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$C3C4FA58-BEEE-434D-A181-047391849BB7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"4e06da7efc47d767ede1f740124ecc59a8cd08bb","datavalue":{"value":{"entity-type":"item","numeric-id":2514707,"id":"Q2514707"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$7A8B4E2F-374F-41FA-B0DD-2B718CE1FFFB","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"976749bbfea045d40170b06a7e305ed6cb70a53a","datavalue":{"value":{"entity-type":"item","numeric-id":3861108,"id":"Q3861108"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$1CF0E27F-22A1-4EFD-8EA4-C1959E83BD26","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"af0d62610af03aedbc2ff8a9fcf5d8845f7b2dea","datavalue":{"value":{"entity-type":"item","numeric-id":1275033,"id":"Q1275033"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$B7D9796B-8861-422B-B427-5E62B6C21BA1","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"b6f4bf6cd4f00381b2e87b15178886f8bb44b46a","datavalue":{"value":{"entity-type":"item","numeric-id":4798677,"id":"Q4798677"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$378E064F-4AE1-4FCC-8D7C-6635A844DC35","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"a9a62613088b48bacbe13174a776ddb8af01ab49","datavalue":{"value":{"entity-type":"item","numeric-id":3650926,"id":"Q3650926"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$6A86ED14-EE8B-41B9-A62F-0E629204982F","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"cea7cbbee1b130040d90caf029d678f47d0392ae","datavalue":{"value":{"entity-type":"item","numeric-id":2464234,"id":"Q2464234"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$AECD29EF-D542-4BD7-9CC2-4548942BCC61","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"2faeef6ad6012a3b95310a40be522f69b9f7d5f5","datavalue":{"value":{"entity-type":"item","numeric-id":641134,"id":"Q641134"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$0D5784D4-81C0-4F95-87F1-D1D6C00C92BE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"ab4e3d1e39d4d99a6175bda56a5dc2c5ec01f1c9","datavalue":{"value":{"entity-type":"item","numeric-id":297038,"id":"Q297038"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$51A1EC11-93CA-48CA-BA6E-DB9231AD80FE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"cf286e66e992eceb6af7c3892006c7e4916d1e60","datavalue":{"value":{"entity-type":"item","numeric-id":1752196,"id":"Q1752196"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$27216D32-FC6A-4889-9D4B-AB75B26BAFFE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"cb085d5730ff72e7109721dceed1a62aa9bcfa58","datavalue":{"value":{"entity-type":"item","numeric-id":5819770,"id":"Q5819770"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$8F198EB0-EAFD-4DF5-ADC5-44B87A566747","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"741e30ceb0a83e043199aa0c9fefa3fb42ab37d6","datavalue":{"value":{"entity-type":"item","numeric-id":5624533,"id":"Q5624533"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$03823DE1-1879-48CE-A9E3-A6DCA1A11614","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"382f1842faedc5256729793b8827bc9d38d5ceb4","datavalue":{"value":{"entity-type":"item","numeric-id":3700646,"id":"Q3700646"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$B8E49F1E-40E2-4145-862A-B6F22594DA4C","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"3a72fa585e60908ba3833e6f24023dba0d1abfb3","datavalue":{"value":{"entity-type":"item","numeric-id":1341198,"id":"Q1341198"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$33293A07-8FE4-4D2E-95F1-29B99F43FC1A","rank":"normal"}],"P12":[{"mainsnak":{"snaktype":"value","property":"P12","hash":"8cefa5ee9566c3e70209a16f055b86807821d263","datavalue":{"value":"Q126981035","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q2298422$9781C99F-0CFC-484D-A31A-406569BE9600","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"ec9f07e783f183d53b16d57c3665d078a3083571","datavalue":{"value":{"entity-type":"item","numeric-id":4991069,"id":"Q4991069"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"a88898505caa986d0d4079c108cc8e3ea46859c8","datavalue":{"value":{"amount":"+0.7873803377151489","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2298422$E5F42DE7-08DF-4E85-9D3A-4380CFF09249","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"95bc90fccaa9e19a9e886f89084ac46563cdc4ba","datavalue":{"value":{"entity-type":"item","numeric-id":2141202,"id":"Q2141202"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"218b5f216000ed6ac6e66d1e2023378f65e6df52","datavalue":{"value":{"amount":"+0.7772994637489319","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2298422$8C7EF5BE-6043-4ABB-B764-6638F20256AA","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"4094ef5c922758446ae5ca9a13a3cdad056d08a1","datavalue":{"value":{"entity-type":"item","numeric-id":1040692,"id":"Q1040692"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"dcc366af1eb8964885dd7ebf872534b5e4b7a31f","datavalue":{"value":{"amount":"+0.7746129631996155","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2298422$102D7D28-3246-4D6F-9E13-3CA7E2D62BF9","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"216bec5ca314883b17c4871b55d1656933370acd","datavalue":{"value":{"entity-type":"item","numeric-id":429627,"id":"Q429627"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"405cad4e33edbcc971420456d9d620b3908ed54e","datavalue":{"value":{"amount":"+0.7741485834121704","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2298422$C8B2EA53-FCC3-4F44-A222-AA09085F3679","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"0b611265cb05f5980e24ed120379f6bb196bbe07","datavalue":{"value":{"entity-type":"item","numeric-id":3347565,"id":"Q3347565"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"094fa5cd33852da0510b07ac365a3cfe27b6300d","datavalue":{"value":{"amount":"+0.7681820392608643","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q2298422$A7BA422D-1723-4B57-A98A-3AEE4CB0A9D9","rank":"normal"}],"P163":[{"mainsnak":{"snaktype":"value","property":"P163","hash":"45fcd4163b5f33e6e8c784f5522d7246c0a1a61e","datavalue":{"value":{"entity-type":"item","numeric-id":57056,"id":"Q57056"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q2298422$BFF08738-57A5-4C07-A807-A347B77B2B9C","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"Publication:2298422","badges":[],"url":"https://portal.mardi4nfdi.de/wiki/Publication:2298422"}}}}}