THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKS

The article substantiates the approach to the content and methods of estimating the liquidity of finance assets included in the investor’s portfolio (a professional institutional market participant or non- institutional), gives their comparative analysis embracing both the phenomenon of liquidity an...

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Main Author: Daria A. Bystrova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2018-01-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/407
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author Daria A. Bystrova
author_facet Daria A. Bystrova
author_sort Daria A. Bystrova
collection DOAJ
description The article substantiates the approach to the content and methods of estimating the liquidity of finance assets included in the investor’s portfolio (a professional institutional market participant or non- institutional), gives their comparative analysis embracing both the phenomenon of liquidity and methods of its estimation on the basis of market information. It is proposed to consider an approach based on the use of the extended set of liquidity indices, including urgency, depth and flexibility, density and volume of dealings with assets, especially for emerging finance markets. Multidimensional liquidity estimations allow us to get its more accurate values in comparison with one-dimensional. It actualizes the topic of improving the traditional models and designing more original methods of finance asset liquidity estimation, which is used in criteria and restrictions of portfolio investment models.
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-8ba16f855acb48dbb71bf513ddaf32812025-08-20T02:53:23ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512018-01-0106717910.21686/2413-2829-2017-6-71-79396THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKSDaria A. Bystrova0Plekhanov Russian University of EconomicsThe article substantiates the approach to the content and methods of estimating the liquidity of finance assets included in the investor’s portfolio (a professional institutional market participant or non- institutional), gives their comparative analysis embracing both the phenomenon of liquidity and methods of its estimation on the basis of market information. It is proposed to consider an approach based on the use of the extended set of liquidity indices, including urgency, depth and flexibility, density and volume of dealings with assets, especially for emerging finance markets. Multidimensional liquidity estimations allow us to get its more accurate values in comparison with one-dimensional. It actualizes the topic of improving the traditional models and designing more original methods of finance asset liquidity estimation, which is used in criteria and restrictions of portfolio investment models.https://vest.rea.ru/jour/article/view/407stock exchange marketportfolio investorfinance asset liquidityindices of finance asset liquidity
spellingShingle Daria A. Bystrova
THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKS
Вестник Российского экономического университета имени Г. В. Плеханова
stock exchange market
portfolio investor
finance asset liquidity
indices of finance asset liquidity
title THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKS
title_full THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKS
title_fullStr THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKS
title_full_unstemmed THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKS
title_short THEORETICAL APPROACHES AND TOOLS OF ESTIMATING THE LIQUIDITY OF FINANCE ASSETS IN PORTFOLIO INVESTMENT TASKS
title_sort theoretical approaches and tools of estimating the liquidity of finance assets in portfolio investment tasks
topic stock exchange market
portfolio investor
finance asset liquidity
indices of finance asset liquidity
url https://vest.rea.ru/jour/article/view/407
work_keys_str_mv AT dariaabystrova theoreticalapproachesandtoolsofestimatingtheliquidityoffinanceassetsinportfolioinvestmenttasks