Fig. 5
From: Intelligent option portfolio model with perspective of shadow price and risk-free profit
Cumulative wealth of 50ETF, intelligent option model, and risk-free model. Note: This figure shows the change of accumulated wealth from 2015–02-26 to 2021–09-23, and adjusts each portfolio 80 times. The initial wealth is 1. Since the fluctuation of 50ETF is relatively small compared with the other two strategies, the change of cumulative income is not obvious. The maximum value during this period is 1.4640 and the minimum value is 0.7519