Investments: Principles of Portfolio and Equity Analysis

Table of contents

1. Cover
2. Title
3. Copyright
4. Contents
5. Foreword
6. Acknowledgments
7. Introduction
8. Chapter 1: Market Organization and Structure
   1. Learning Outcomes
   2. 1. Introduction
   3. 2. The Functions of the Financial System
   4. 3. Assets and Contracts
   5. 4. Financial Intermediaries
   6. 5. Positions
   7. 6. Orders
   8. 7. Primary Security Markets
   9. 8. Secondary Security Market and Contract Market Structures
   10. 9. Well-Functioning Financial Systems
   11. 10. Market Regulation
   12. 11. Summary
   13. Problems
9. Chapter 2: Security Market Indices
   1. Learning Outcomes
   2. 1. Introduction
   3. 2. Index Definition and Calculations of Value and Returns
   4. 3. Index Construction and Management
   5. 4. Uses of Market Indices
   6. 5. Equity Indices
   7. 6. Fixed-Income Indices
   8. 7. Indices for Alternative Investments
   9. 8. Summary
   10. Problems
10. Chapter 3: Market Efficiency
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. The Concept of Market Efficiency
    4. 3. Forms of Market Efficiency
    5. 4. Market Pricing Anomalies
    6. 5. Behavioral Finance
    7. 6. Summary
    8. Problems
11. Chapter 4: Portfolio Management: An Overview
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. A Portfolio Perspective on Investing
    4. 3. Investment Clients
    5. 4. Steps in the Portfolio Management Process
    6. 5. Pooled Investments
    7. 6. Summary
    8. Problems
12. Chapter 5: Portfolio Risk and Return: Part I
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. Investment Characteristics of Assets
    4. 3. Risk Aversion and Portfolio Selection
    5. 4. Portfolio Risk
    6. 5. Efficient Frontier and Investor’s Optimal Portfolio
    7. 6. Summary
    8. Problems
13. Chapter 6: Portfolio Risk and Return: Part II
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. Capital Market Theory
    4. 3. Pricing of Risk and Computation of Expected Return
    5. 4. The Capital Asset Pricing Model
    6. 5. Beyond the Capital Asset Pricing Model
    7. 6. Summary
    8. Problems
14. Chapter 7: Basics of Portfolio Planning and Construction
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. Portfolio Planning
    4. 3. Portfolio Construction
    5. 4. Summary
    6. Problems
15. Chapter 8: Overview of Equity Securities
    1. Learning Outcomes
    2. 1.Introduction
    3. 2. Equity Securities in Global Financial Markets
    4. 3. Types and Characteristics of Equity Securities
    5. 4. Private Versus Public Equity Securities
    6. 5. Investing in Nondomestic Equity Securities
    7. 6. Risk and Return Characteristics of Equity Securities
    8. 7. Equity Securities and Company Value
    9. 8. Summary
    10. Problems
16. Chapter 9: Introduction to Industry and Company Analysis
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. Uses of Industry Analysis
    4. 3. Approaches to Identifying Similar Companies
    5. 4. Industry Classification Systems
    6. 5. Describing and Analyzing an Industry
    7. 6. Company Analysis
    8. 7. Summary
    9. Problems
17. Chapter 10: Equity Valuation: Concepts and Basic Tools
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. Estimated Value and Market Price
    4. 3. Major Categories of Equity Valuation Models
    5. 4. Present Value Models: The Dividend Discount Model
    6. 5. Multiplier Models
    7. 6. Asset-Based Valuation
    8. 7. Summary
    9. Problems
18. Chapter 11: Equity Market Valuation
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. Estimating a Justified P/E Ratio
    4. 3. Top-Down and Bottom-Up Forecasting
    5. 4. Relative Value Models
    6. 5. Summary
    7. Problems
19. Chapter 12: Technical Analysis
    1. Learning Outcomes
    2. 1. Introduction
    3. 2. Technical Analysis: Definition and Scope
    4. 3. Technical Analysis Tools
    5. 4. Elliott Wave Theory
    6. 5. Intermarket Analysis
    7. 6. Summary
    8. Problems
20. Glossary
21. References
22. About the Authors
23. About the CFA Program
24. Index