advances in Investment Analysis and Portfolio Management phần 6 ppt

... 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 ... average dividend income. Analysis of economic forecasting. Investors by forecasting changes in the macro economy and in interest rates endeavor to decrease the inv...

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 ... reasonable. Holding period for investing in financial assets vary in very wide interval and depends on the investor’s goals and investment strategy. Invest...

Ngày tải lên: 14/08/2014, 22:20

... 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 ... correlation always Investment Analysis and Portfolio Management 51 3. Theory for investment portfolio formation Mini-contents 3.1. Portfolio theory. 3.1.1. M...

Ngày tải lên: 14/08/2014, 22:20

... negative influence to the interest rates (from the investors in bonds position - decrease in interest rates): • Decrease in investments; • Increase in savings level; • Decrease in export; • Increase ... in interest rates): • Increase in investments; • Decrease in savings level; • Increase in export; • Decrease in import; • Increase in government spending; • De...

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 ... 120 6. Psychological aspects in investment decision making Mini-contents 6. 1. Overconfidence 6. 2. Disposition effect 6. 3. Perceptions of investment risk 6. 4. Mental...

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

... 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; however, standard ... Investment Analysis and Portfolio Management 46 loss; (2) some form of income. The holding period return is the percentage increase in returns associated w...

Ngày tải lên: 14/08/2014, 22:20

... 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% in stock B. 9. The following investment portfolios ... Ratio. Investment Analysis and Portfolio Management 71 4. Investment in Stocks Mini-contents 4.1. Stock as specific investment. 4.2. Stock analy...

Ngày tải lên: 14/08/2014, 22:20

... 1531-1 565 . Investment Analysis and Portfolio Management 142 Hedging portfolios of shares using index options. Large investors usually manage varied portfolios ... Seongyeon (20 06) . Do Investors Integrate Losses and Segregate Gains? Mental Accounting and Investor Trading Decisions. // Journal of Business, 20 06, 79, p. 2539-2573...

Ngày tải lên: 14/08/2014, 22:20

... 0,30 46, 10 Put 60 1,25 56, 25 Call 20 0,25 20,00 Investment Analysis and Portfolio Management 159 9. What changes in investor’s circumstances cause the rebalancing of the investment portfolio? ... factor in building such an optimal portfolio. Investors are looking to have in their portfolios asset classes that are Investment Analysis and Portfolio Mana...

Ngày tải lên: 14/08/2014, 22:20