Type of Program: Investment tool
Supported Platforms: Windows 7/Vista/XP/2000
Company Name: Modern Investment Technologies Ltd
Installed Size: 19Mb
The installation of SmartFolio is easy and intuitive, you can
place the program files where you want them.
When you first open SmartFolio you are told that you have 29 days left to run
the evaluation version, fair enough.
Okay if you are going to shell out $599 for software I think that you will
really want to use it effectively. With that in mind I think that there are two
things that you should do. The first one is doing the "Getting started with
SmartFolio", after all if you want to get the most out of a tool it is best to
know how to use it. The other is to look at the included Pdf file Theoretical
One of the first things that you are going to find out is that there are four
ways that you can import data into SmartFolio. They are from Yahoo! Finance,
Bloomberg Professional, Excel or text files.
Besides just keeping track of your assets, what you really want to use
SmartFolio for is portfolio optimization. SmartFolio has walk-forward
optimization. With walk-forward optimization the whole historical period
available is divided in series of in-sample and out-of-sample segments.
In-sample intervals are used for optimization, while corresponding out-of-sample
intervals are used for performance evaluation. In this way dynamically re
optimized portfolio is evaluated based on how well it performs on the test data,
not the data it was optimized on. With SmartFolio you can also do In-sample
optimization plus construct the efficient frontier, which represents a set of
optimal portfolios corresponding to the entire spectrum of an investor's risk
With SmartFolio you can analyse portfolio risks using the Value-at-Risk
With this new version of SmartFolio you can use the Black-Litterman mathematical
model for portfolio allocation too.
All in all SmartFolio has an excellent set of tools that the savvy trader can
use to optimize their investing strategy. Highly recommended.
Ease of Installation:
Reviewed by Arthur Williams Jr