Investment portfolio of the company estrategia global P.LC. based on macroeconomic tools

The objective of this study was to create an optimal portfolio by applying macroeconomics and Markowitz's Portfolio Theory with the Capital Asset Pricing Model (CAPM). An analysis of the companies listed in the Colombian Stock Exchange was carried out, taking into account the available investment opportunities, as well as the market analysis considering the risk-return relationship in highly uncertain and volatile environments. A quantitative methodology using the study of historical price series, rates of return and other macroeconomic factors was used. Through ten investment simulations,  different portfolios were  constructed using the  Markowitz  model in produced by COVID-19 which accounted for many of the losses in certain plays. However, the high diversification reduced the volatility power and was able to obtain positive results during some periods.