By Robert A. Weigand

A "hands-on" advisor to utilized fairness research and portfolio management

From asset allocation to modeling the intrinsic worth of a inventory, Applied fairness research and Portfolio administration + on-line Video Course deals readers an effective starting place within the perform of primary research utilizing an identical instruments and strategies as expert traders. choked with real-world illustrations and hands-on purposes, Professor Weigand's studying procedure takes a rigorous, empirical method of issues comparable to studying the macro-finance surroundings, zone rotation, monetary research and valuation, assessing a company's aggressive place, and reporting the functionality of a inventory portfolio.

Unlike commonplace books in this subject—which characteristic chapters to learn and workouts to complete—this source permits readers to actively perform the training adventure through finishing writing workouts and manipulating interactive spreadsheets that illustrate the foundations being taught. the training method additionally good points tutorial video clips that reveal the way to use the spreadsheet versions and excerpts from the author's web publication, that are used to depict extra examples of the research approach. alongside the way in which, it skillfully outlines an efficient method of growing and reading outputs in general linked to a top-down funds administration store — together with a macroeconomic forecasting e-newsletter, unique inventory study reviews, and a portfolio functionality attribution analysis.

  • Covers issues together with lively and passive funds administration, basic research and portfolio attribution analysis
  • Companion streaming movies exhibit the right way to use unfastened on-line facts to create yourown analyses of key fiscal signs, person shares, and inventory portfolios
  • A important source for universities who've utilized fairness research and portfolio administration courses

Practical and updated, the e-book is a wonderful source for people with a necessity for functional funding expertise.

Show description

Read or Download Applied Equity Analysis and Portfolio Management: Tools to Analyze and Manage Your Stock Portfolio PDF

Similar investing books

The Encyclopedia Of Technical Market Indicators, Second Edition

Cutting-edge so much all-inclusive reference of technical indicators­­--what they're and the way to take advantage of them so as to add worth to any buying and selling application Technical research has turn into an extremely renowned traders' instrument for gauging marketplace energy and forecasting temporary path for either markets and person shares.

Time the Markets: Using Technical Analysis to Interpret Economic Data, Revised Edition

In Time the Markets, award-winning technical analyst Charles D. Kirkpatrick applies technical research to key financial symptoms and exhibits tips to use them to spot industry shifts, stay away from loss, and develop into a extra ecocnomic long term investor.   Drawing on a long time of publicly on hand info, Kirkpatrick demonstrates how you can discover robust purchase and promote signs and exhibits how one can contain company, undefined, financial, sentiment, and industry info into trustworthy timing signs that may assist you realize approaching inventory and bond marketplace dangers—and get out of how.

Hedge Fund Analysis: An In-Depth Guide to Evaluating Return Potential and Assessing Risks

A close, step by step publication overlaying the total hedge fund assessment processInvesting in hedge cash isn't the same as making an investment in different asset sessions. there's less publicly on hand information regarding hedge cash functionality than there's approximately mutual cash or person shares. for this reason, making an investment during this type calls for extra subtle funding wisdom, larger due diligence, and, in lots of instances, a better-developed skill to guage funding managers.

TradeStation made easy! : using EasyLanguage to build profits with the world's most popular trading software

"Customize your buying and selling plan for better gains utilizing the most well-liked charting software program. the vast majority of specialist and person investors use a few form of buying and selling software program on which to base their recommendations. With over 100,000 clients, the preferred buying and selling software program this present day is TradeStation, released by way of TradeStation applied sciences.

Extra resources for Applied Equity Analysis and Portfolio Management: Tools to Analyze and Manage Your Stock Portfolio

Sample text

Statman (2010), Nofsinger (2010), and others have identified additional cognitive biases that often derail investors’ thinking. Some of the most popular biases include hindsight error, which tricks people into thinking they can foretell the future because they can easily observe the past. Confirmation errors occur when investors place too much weight on information that confirms their prior opinions (cognitive consonance), but underweight or completely disregard evidence that contradicts their prior opinions (cognitive dissonance).

Lo, Andrew. 2004. ” Journal of Portfolio Management 30: 15–29. Lo, Andrew. 2005.

Passive investors outperform active investors in the aggregate. ■■ Research suggests that two main factors contribute to the outperformance of passive investors: lower costs of trading and committing fewer cognitive errors. ■■ Active investors need a theory, or model, of how rapidly and accurately new information affects stock prices. ■■ The three main theories of information and prices are the efficient markets hypothesis, behavioral finance, and the adaptive markets hypothesis. ■■ An investment policy statement makes clear statements about an investor’s or fund’s objectives, return expectations, risk tolerance, time horizon, and portfolio allocations that inform the decisions of stock analysts and portfolio ­managers.

Download PDF sample

Rated 4.72 of 5 – based on 31 votes