Thursday, April 9, 2015

portfolio management - Comparing MVO with Resampled Efficient Frontier


My question: How can I compare the Resampled Frontier (REF) to the standard MVO frontier when I have been provided with $\mu$, $\Omega$, and don't have access to true future data to test real out of sample performance (i.e. these parameters are "current").


I'm looking for some way to determine which one is superior (based on whatever measure(s) of "superiority" is(are) used in the literature).




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