E-Book, Englisch, 634 Seiten
Vishwanath / Krishnamurti Investment Management
1. Auflage 2009
ISBN: 978-3-540-88802-4
Verlag: Springer Berlin Heidelberg
Format: PDF
Kopierschutz: 1 - PDF Watermark
A Modern Guide to Security Analysis and Stock Selection
E-Book, Englisch, 634 Seiten
ISBN: 978-3-540-88802-4
Verlag: Springer Berlin Heidelberg
Format: PDF
Kopierschutz: 1 - PDF Watermark
Sound investment decisions require an in-depth knowledge of the financial markets and available financial instruments. This book provides students and professionals with an understanding of the role and activities of an equity security analyst within the investment process. Emphasis is on understanding the process of analyzing companies; the valuation process; and the challenges of achieving success in a highly competitive capital market. The authors present a comprehensive compendium on the financial theory, the empirical evidence and the mathematical tools that form the underlying principles of investment decisions.
Autoren/Hrsg.
Weitere Infos & Material
1;Preface;5
2;Contents;7
3;Contributors;10
4;I Introduction to Securities Markets and Investment Management;15
4.1;Introduction;16
4.2;Introduction to Market Microstructure;25
4.3;An Overview of Securities Market Regulation Around theWorld;42
5;II Financial Theories;57
5.1;The Capital Asset Pricing Model and Arbitrage Pricing Theory: Theory;58
5.2;The Capital Asset Pricing Model and Arbitrage Pricing Theory: Tests and Application;90
6;III Financial Statements and Equity Prices;115
6.1;Accounting and Financial Analysis;116
6.2;The Use (and Misuse) of Cash Flow Statements;145
6.3;Prospective Analysis: Guidelines for Forecasting Financial Statements;161
7;IV Valuation Models;230
7.1;The EVA Approach to Investing;231
7.2;DCF Valuation Models: Free Cash Flow, APV, ECF, and CCF Valuation Models;244
7.3;Valuation Using Multiples;264
7.4;Real Options Perspective of Security Analysis*;285
7.5;Investing in Initial Public Offerings and Depository Receipts;300
8;V Equity Options;320
8.1;Pricing Equity Options;321
8.2;Investing in Exotic Options;358
9;VI Fixed Income and Credit Sensitive Instruments;380
9.1;An Overview of Fixed Income Securities and Markets;381
9.2;Investing in Convertibles, Preferred Stocks, andWarrants;402
9.3;Managing Fixed Income Portfolios;436
9.4;Interest Rate Derivatives;449
9.5;The Credit Market;467
9.6;Investing in Credit Derivatives;478
10;VII Active Investments and Market Efficiency;490
10.1;Market Efficiency: Theory, Tests, and Applications;491
10.2;An Overview of Mutual Funds and Exchange Traded Funds;510
10.3;Understanding Active Portfolio Management;532
10.4;Measuring Mutual Fund Performance;559
10.5;Hedge Funds;580
10.6;Investing in Emerging Markets;601
11;VIII Behavioral Finance and Summary;615
11.1;Behavioral Finance and Investment Strategy;616
