Muteba Mwamba, John; Mbucici, Leon Mishindo; Mba, Jules … - In: International Journal of Financial Studies : open … 13 (2025) 1, pp. 1-18
This study evaluates the effectiveness of the Non-dominated Sorting Genetic Algorithm III (NSGA-III) in comparison to …, and kurtosis. The findings reveal that NSGA-III significantly outperforms the Mean-Variance method by generating a more … diverse set of Pareto-optimal portfolios. Portfolios optimized with NSGA-III exhibited superior performance, achieving higher …