...
20 10
Investment Analysis and Portfolio Management
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1. Investment environment and investment management process
Mini-contents
1.1. Investing versus financing
1 .2. Direct versus indirect ... environment and investment process;
2. Quantitative methods of investment analysis;
3. Theory of investment portfolio formation;
4. Investment in stocks;...
... - A and B is defined in the next
formula (2. 9):
n
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9. What is the interpretation of the coefficient of determination for the investor? ... the returns on the two
Investment Analysis and Portfolio Management
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2. 1 .2. Investment risk
Risk can be defined as a chance that the actual outcome fro...
... always
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3. Theory for investment portfolio formation
Mini-contents
3.1. Portfolio theory.
3.1.1. Markowitz portfolio theory.
3.1 .2. The ... 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 a...
...
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.
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4. Investment in Stocks
Mini-contents
4.1. Stock as specific investment.
4 .2. Stock anal...
... References and further readings
1. Arnold, Glen (20 10). Investing: the definitive companion to investment and the
financial markets. 2
nd
ed. Financial Times/ Prentice Hall.
2. Barker, Richard (20 01). ... 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 Portf...
... 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 ... Yield-to-Maturity
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rates. At the macroeconomic level the relationship between the interest rate and the
level...
... 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 ... Alternative Investments/ ed. by Greg N. Gregoriou. CRC Press,
20 09.
4. Fabozzi, Frank J. (1999). Investment management. 2nd ed. Prentice Hall Inc.
Investment Analysis an...
... Seongyeon (20 06). Do Investors Integrate Losses and Segregate
Gains? Mental Accounting and Investor Trading Decisions. // Journal of Business,
20 06, 79, p. 25 39 -25 73.
11. Nofsinger, John R. (20 08). ... No 52, p. 489-500.
8. Hirshleifer, David, Tyler Shumway (20 03). Good day Sunshine: Stock Returns and
the Weather. // Journal of Finance, 20 03, 58, p. 1009-10 32.
Investm...