– Prepare the required inputs for the Markowitz model (Full covariance model). –

– Prepare the required inputs for the Markowitz model (Full covariance model). – Determine the covariance between each pair of assets to understand their comovements and diversify accordingly. -Apply the Markowitz optimization procedure to calculate the weights that will minimize the portfolio’s variance for a target level of return. This involves using tools such as Excel’s Solver. -Summarize the optimized asset weights within the risky portfolio. Considering 4 as your level of risk aversion, identify the best mix of risky portfolio and risk-free asset to be able to reach the optimal complete portfolio. -Identify expected portfolio return and risk derived from the Markowitz Model