Risk-return analysis of the investment portfolio of two stocks, under the Markowitz model. Case study: Two multinational companies listed on the Mexican Stock Exchange

Abstract

Investment in productive and financial assets are a decision made as an alternative to direct resources to bring greater value and higher performance to an economic entity. The objective of this article is to analyze the return risk of the stocks of two companies listed on the Mexican Stock Exchange (BMV), presenting the case of the companies Grupo Bimbo, SAB de CV, and GRUMA, SAB de CV, both companies listed on the Mexican Stock Exchange, belonging to the industrial sector specifically the food and beverage sub-sector, being the most representative companies of this sector. The return on the portfolio is 0.27256% and the risk is 0.0121862, with an investment of 50% in each of them. The period analyzed was from 2015 to 2018. It is important to base decision-making by considering the risk analysis and performance of financial assets in where you wish to invest, in addition to relying on other analyzes such as fundamental and technical analysis, among others.