Application of Artificial Bee Colony Algorithm to Portfolio Adjustment Problem with Transaction Costs

Table 4

Comparison results with different transaction costs with 𝜆=0.9.

	𝐶^1𝑖(𝑥𝑖)	𝐶^2𝑖(𝑥𝑖)	𝐶^3𝑖(𝑥𝑖)	𝐶^4𝑖(𝑥𝑖)
𝑥1	0.200	0.193	0.372	0.272
𝑥2	0	0.800	0.304	0.326
𝑥3	0.8	0	0.201	0.203
𝑥4	0	0.007	0.123	0.199
𝑈max	0.0034	0.0025	0.0018	0.0026
TC	0.0319	0.0341	0.0429	0.0358