Skip to main content
Taylor & Francis Group Logo
    Advanced Search

    Click here to search products using title name,author name and keywords.

    • Login
    • Hi, User  
      • Your Account
      • Logout
      Advanced Search

      Click here to search products using title name,author name and keywords.

      Breadcrumbs Section. Click here to navigate to respective pages.

      Chapter

      Market risk for robot advisory
      loading

      Chapter

      Market risk for robot advisory

      DOI link for Market risk for robot advisory

      Market risk for robot advisory book

      Market risk for robot advisory

      DOI link for Market risk for robot advisory

      Market risk for robot advisory book

      ByPaolo Pagnottoni, Gloria Polinesi
      BookThe Routledge Handbook of FinTech

      Click here to navigate to parent product.

      Edition 1st Edition
      First Published 2021
      Imprint Routledge
      Pages 7
      eBook ISBN 9780429292903
      Share
      Share

      ABSTRACT

      Financial Technology (FinTech) services are rapidly expanding, arguably without being adequately supported by regulation. Robot advisory platforms that involve the provision of automated consultant and investment services with virtually no human contact may underestimate risks, causing a mismatch between investors’ expected and actual risk. Cryptocurrencies are a new asset class to be considered by robo-advisors in the near future. In this nascent market it is fundamental to understand the price dynamics in order to investigate in which exchange platforms the price formation process takes place and how they are interconnected. This chapter serves two aims: first, we propose an asset allocation strategy that takes individual users’ preference into account improving robot advisory portfolio allocation. In particular, random matrix theory filter and network metrics are combined in the minimum variance portfolio model in order to construct portfolios overperforming in terms of risk and realized risk with respect to the Markowitz model. Second, price discovery and interconnectedness of cryptocurrency market exchanges are studied in order to help investors in choosing the most suitable trading platforms to place profitable trades depending on their own strategy.

      T&F logoTaylor & Francis Group logo
      • Policies
        • Privacy Policy
        • Terms & Conditions
        • Cookie Policy
        • Privacy Policy
        • Terms & Conditions
        • Cookie Policy
      • Journals
        • Taylor & Francis Online
        • CogentOA
        • Taylor & Francis Online
        • CogentOA
      • Corporate
        • Taylor & Francis Group
        • Taylor & Francis Group
        • Taylor & Francis Group
        • Taylor & Francis Group
      • Help & Contact
        • Students/Researchers
        • Librarians/Institutions
        • Students/Researchers
        • Librarians/Institutions
      • Connect with us

      Connect with us

      Registered in England & Wales No. 3099067
      5 Howick Place | London | SW1P 1WG © 2022 Informa UK Limited