TAILIEUCHUNG - Ebook Essentials of investments (9th edition): Part 2

(BQ) Part 2 book "Essentials of investments" has contents: Macroeconomic and industry analysis, equity valuation, financial statement analysis, options markets, option valuation, futures markets and risk management, hedge funds,.and pther contents. | Confirming Pages Find more at Security Analysis 4 T ell your friends or relatives that you are studying investments and they will ask you, “What stocks should I buy?” This is the question at the heart of security analysis. How do analysts choose the stocks and other securities to hold in their portfolios? Security analysis requires a wide mix of skills. You need to be a decent economist with a good grasp of both macroeconomics and microeconomics, the former to help you form forecasts of the general direction of the market and the latter to help you assess the relative position of particular industries or firms. You need a good sense of demographic and social trends to help identify industries with bright prospects. You need to be a quick study of the ins and outs of particular industries to choose the firms that will succeed within each industry. You need a good accounting background to analyze the financial statements that firms provide to the public. You also need to have mastered corporate finance, since security analysis at its core is the ability to value a firm. In short, a good security analyst will be a generalist, with a grasp of the widest range of financial issues. This is where there is the biggest premium on “putting it all together.” The chapters in Part Four are an introduction to security analysis. We will provide you with a “top-down” approach to the subject, starting with an overview of international, macroeconomic, and industry issues, and only then progressing to the analysis of particular firms. These topics form the core of fundamental analysis. After reading these chapters, you will have a good sense of the various techniques used to analyze stocks and the stock market. PART Chapters in This Part: 12 Macroeconomic and Industry Analysis 13 Equity Valuation 14 Financial Statement Analysis 371 371 02/08/12 10:34 AM Confirming Pages Find more at Macroeconomic and

• Quản trị kinh doanh
• Essentials of investments
• Industry analysis
• Equity valuation
• Financial statement analysis
• Options markets
• Option valuation
• Futures markets
• Ebook Essentials of investments
• Investment companies
• Debt securities
• Portfolio theory
• Securities markets
• Capital asset pricing
• Derivative markets
• Active investment management
• Financial Assets
• The Investment Process
• Major Classes of Financial Assets
• Key Trends
• Global Markets
• Asset classes
• Financial instruments
• Other investment companies
• Behavioral finance
• Technical analysis
• Mutual funds
• International investing
• Performance evaluation
• Financial Markets
• Money Market Instrument Yields
• Bank Discount Rate
• Bond Equivalent Yield
• Securities market
• Secondary Security Sales
• Investment Banking Arrangements
• Public Offerings
• Private Placements
• Net Asset Value
• Types of Investment Companies
• Rates of Return
• Returns Using Arithmetic
• Geometric Averaging
• Dollar Weighted Returns
• Dollar Weighted Average Using Text
• Efficient Diversification
• Correlation Coefficients
• Three Security Portfolio
• Minimum Variance Combination
• Extending Concepts to All Securities
• Arbitrage Pricing Theory
• Resulting Equilibrium Conditions
• Capital Market Line
• Market Risk Premium
• The Efficient Market Hypothesis
• Versions of the EMH
• Types of Stock Analysis
• Resource Allocation
• How Tests Are Structured
• Behavioral Critiqu
• Share Price
• Moving Averages
• Bond Prices
• Bond Characteristics
• Corporate Bonds
• Preferred Stock
• Innovation in the Bond Market
• Bond Pricing Relationships
• Rules for Duration
• Callable Bonds
• Mortgage Backed Securities
• Passive Managemen
• Fundamental Analysis
• The Global Econom
• The Domestic Macroeconom
• The Domestic Macroeconomy
• Models of Equity Valuation
• Valuation by Comparables
• Limitations of Book Value
• Financial Statements
• Profitability Measures
• Financial Leverage
• Option Terminology
• Exercise Price Relationships
• European Options
• Different Types of Options
• Factors influencing option values
• BlacScholes option valuation
• Using the BlacScholes formula
• Binomial Option Pricing
• Risk Management
• Basics of Futures Contracts
• Existing Contracts
• Trading Mechanics