Howie Huynh is graduating with an Honors Bachelor of Science in Finance and a Bachelor of Science in Economics for his hard work with his thesis titled “Composition and Diversification: The Effect on the Standard & Poor’s 500 Index Returns.” Howie was born and raised in Salt Lake City, Utah but will be moving to New York City after graduation to work as an Investment Banking Analyst. Congratulations Howie, and welcome to your alumni network! Read on to learn more about Howie’s thesis and his answers to our questions about his Eccles Experience.
Tell us something about your thesis – your research, your findings, or what you learned:
The thesis analyzes the correlation between market concentration and a portfolio’s returns. It looks at the S&P 500’s industry composition and analyzes its relationship with the index’s volatility in excess returns and Sharpe ratio. The results found that in the short run, concentration can affect volatility of a portfolio or index. However, in the long run, the paper did not find statistically significant correlations between volatility and concentration level, or between Sharpe Ratio and concentration level.
What was your most memorable experience as an Eccles student?
Flew myself to 4 different cities in one week to meet & network with Utah alums in California and New York.
