advances in Investment Analysis and Portfolio Management phần 4 pptx

... 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 intercept of R f and slope ... averse. Investment Analysis and Portfolio Management 57 Unsystematic risk is unique to an individual asset (business risk, financial risk, other risks, related t...

Ngày tải lên: 14/08/2014, 22:20

... 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 investment ... environment and investment process; 2. Quantitative methods of investment analysis; 3. Theory of investment portfolio formation; 4. Investment in stock...

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 ... assets in which to invest and determining the proportions of these financial assets in the investment portfolio. Formation of diversified investment portfolio is the ne...

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; ... - A and B is defined in the next formula (2.9): n Investment Analysis and Portfolio Management 49 9. What is the interpretation of the coefficient o...

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) 100% 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 %...

Ngày tải lên: 14/08/2014, 22:20

... 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 and Portfolio Management 94 5. Investment ... clients – individual investors the list of blue chip stock as high quality ones in their understanding, based on the analysis of information about the firm. Investm...

Ngày tải lên: 14/08/2014, 22:20

... Yield-to-Maturity Investment Analysis and Portfolio Management 1 04 rates. At the macroeconomic level the relationship between the interest rate and the level of savings and investments, changes in government ... negative influence to the interest rates (from the investors in bonds position - decrease in interest rates): • Decrease in investments; • Increase i...

Ngày tải lên: 14/08/2014, 22:20

... Perceptions of investment risk 6 .4. Mental accounting and investing 6.5. Emotions and investing Summary Key terms Questions and problems References and further readings The finance and investment ... why. a) Increase in investments; b) Increase in savings level; c) Decrease in export; d) Decrease in import; e) Increase in government spending; f) Incre...

Ngày tải lên: 14/08/2014, 22:20

... Investment Analysis and Portfolio Management 142 Hedging portfolios of shares using index options. Large investors usually manage varied portfolios of shares so, rather than hedging individual ... more risk. The investors are more likely to purchase higher-risk stocks after locking in gain by selling stocks at a profit. Investment Analysis and Portfolio Manage...

Ngày tải lên: 14/08/2014, 22:20

... factor in building such an optimal portfolio. Investors are looking to have in their portfolios asset classes that are Investment Analysis and Portfolio Management 163 P n Face value (nominal ... made by investors? 8. What is the point of investment portfolio rebalancing? Investment Analysis and Portfolio Management 156 Jensen’s Alpha = (ř p – ř f...

Ngày tải lên: 14/08/2014, 22:20