advances in Investment Analysis and Portfolio Management phần 1 pptx

... 2 010 Investment Analysis and Portfolio Management 7 1. Investment environment and investment management process Mini-contents 1. 1. Investing versus financing 1. 2. Direct versus indirect ... Holding period for investing in financial assets vary in very wide interval and depends on the investor’s goals and investment strategy. Investment Analysi...

Ngày tải lên: 14/08/2014, 22:20

... for investment portfolio formation Mini-contents 3 .1. Portfolio theory. 3 .1. 1. Markowitz portfolio theory. 3 .1. 2. The Risk and Expected Return of a Portfolio. 3.2. Capital Asset Pricing ... useful instrument for investment analysis and decision making in reality. As can be seen in Fig.3.5, Equation in formula 3.4 represents the straight line having an int...

Ngày tải lên: 14/08/2014, 22:20

... Investment Analysis and Portfolio Management 29 • Investment • Investment environment • Investment vehicles • Investment management process • Investment policy • Investment ... selling some assets in his portfolio and buying the Investment Analysis and Portfolio Management 19 funds are investing the funds according to a stated set of...

Ngày tải lên: 14/08/2014, 22:20

... B r A Investment Analysis and Portfolio Management 36 Variance and the standard deviation are similar measures of risk and can be used for the same purposes in investment analysis; ... market portfolio in the table: Rate of return Month Stock A Market portfolio 1 0,30 0 ,12 2 0.24 0,08 3 -0,04 -0 ,10 4 0 ,10 -0,02 5 0,06 0,08 6 0 ,10 0,07 In...

Ngày tải lên: 14/08/2014, 22:20

... Ratio. Investment Analysis and Portfolio Management 71 4. Investment in Stocks Mini-contents 4 .1. Stock as specific investment. 4.2. Stock analysis for investment decision making. 4.2.3.E-I-C ... b) 10 0% invest in stock B; c) 50% in stock A and 50% in stock B; d) 20% invest in stock A and 80% in stock B e) 60% invest in stock A and 40% in...

Ngày tải lên: 14/08/2014, 22:20

... 2 010 - 01- 01 2009- 01- 01 2008- 01- 01 2007- 01- 01 2006- 01- 01 LIQUIDITY RATIOS Current ratio 0. 81 0.99 1. 24 2.60 4.43 Quick ratio 0.39 0.45 1. 02 0.89 1. 61 PROFITABILITY ... the intrinsic value of stock is valuated at the same range as in the market and its current market price shows the intrinsic value. Investment Analysis...

Ngày tải lên: 14/08/2014, 22:20

... higher. Investment Analysis and Portfolio Management 11 2 The immunization is the strategy of immunizing (protecting) a bond portfolio against interest rate risk (i.e., changes in the general ... Yield-to-Maturity Investment Analysis and Portfolio Management 10 4 rates. At the macroeconomic level the relationship between the interest rate and the lev...

Ngày tải lên: 14/08/2014, 22:20

... why. a) Increase in investments; b) Increase in savings level; c) Decrease in export; d) Decrease in import; e) Increase in government spending; f) Increase in Taxes. 6. Distinguish between ... price is 95 LT? Investment Analysis and Portfolio Management 12 4 regret and the seeking of pride can affect investors’ wealth in two ways: first, investors are...

Ngày tải lên: 14/08/2014, 22:20

... Vorkink. (2006). Investor Overconfidence and Trading Volume // Review of Financial Studies, No 19 , p. 15 31- 1565. Investment Analysis and Portfolio Management ... 20 01, 25, p. 13 39 -13 66. 13 . Shapira, Zur, Itzhak Venezia (20 01) . Patterns of Behavior of Professionally Managed and Independent Investors. // Journal of banking an...

Ngày tải lên: 14/08/2014, 22:20

... Investment Analysis and Portfolio Management 16 0 References and further readings 1. Arnerich, T., at al. (2007) Active .versus passive investment management: putting the debate into ... 0,30 46 ,10 Put 60 1, 25 56,25 Call 20 0,25 20,00 Investment Analysis and Portfolio Management 15 9 9. What changes in investor’s circumstances cause the rebalan...

Ngày tải lên: 14/08/2014, 22:20