How to implement lower partial moment of order 1 for given stocks in excel sheet?

06 July 2020 1 3K Report

I am working on portfolio optimization using lower partial moment of order 1, can someone help me how to implement LPM-1 in excel sheet using "tau" as my threshold value as 0.00% and order (n) as 1.

Thank you all in advance for your contributions to my question.

Tihana Škrinjarić

The first link if you google it literally gives instructions for excel

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