This repo contains a Shiny App which may be used for strategic (long term) asset allocation.

We say (or Markowitz said!) that a portfolio is efficient when it gives the "maximum return for a given risk, or minimum risk for given return", where the risk of a portfolio is measured by the variance of the returns.

Stock prices are downloaded from Yahoo FINANCE and are monthly aggregated, thus returns are also computed on monthly frequency.

The app provides return and risk (variance) of 1000 simulated portfolios (each with different weights).

The user can choose among a set of possible securities so as to build its best portfolio.

The app is available at https://renato95.shinyapps.io/portfolio_selection/