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

Table 6

Comparison results of modified ABC, ABC, and GA with 𝐶²_𝑖(𝑥_𝑖).

	𝑥1	𝑥2	𝑥3	𝑥4	Return	Risk	𝑈max
Modified ABC	0.200	0.800	0	0	0.059	5.9000𝐸−5	0.0125
ABC	0.200	0.800	0	0	0.059	5.9000𝐸−5	0.0125
GA	0.274	0.725	0	0.001	0.058	6.0220𝐸−5	0.0112