| Description |
1 online resource. |
| Series |
Wiley finance |
|
Wiley finance series.
|
| Note |
Includes Internet access. |
| Bibliography |
Includes bibliographical references and index. |
| Summary |
Annotation A "hands-on" guide to applied equity analysis and portfolio managementFrom asset allocation to modeling the intrinsic value of a stock, "Applied Equity Analysis and Portfolio Management + Online Video Course" offers readers a solid foundation in the practice of fundamental analysis using the same tools and techniques as professional investors. Filled with real-world illustrations and hands-on applications, Professor Weigand's learning system takes a rigorous, empirical approach to topics such as analyzing the macro-finance environment, sector rotation, financial analysis and valuation, assessing a company's competitive position, and reporting the performance of a stock portfolio. Unlike typical books on this subject--which feature chapters to read and exercises to complete--this resource allows readers to actively participate in the learning experience by completing writing exercises and manipulating interactive spreadsheets that illustrate the principles being taught. The learning system also features instructional videos that demonstrate how to use the spreadsheet models and excerpts from the author's blog, which are used to depict additional examples of the analysis process. Along the way, it skillfully outlines an effective approach to creating and interpreting outputs typically associated with a top-down money management shop -- including a macroeconomic forecasting newsletter, detailed stock research reports, and a portfolio performance attribution analysis. Covers topics including active and passive money management, fundamental analysis and portfolio attribution analysisCompanion streaming videos show how to use free online data to create yourown analyses of key economic indicators, individual stocks, and stock portfoliosA valuable resource for universities who have applied equity analysis and portfolio management coursesPractical and up-to-date, the book is an excellent resource for those with a need for practical investment expertise. |
| Contents |
Series; Title Page; Copyright; Preface; Acknowledgments; Chapter 1: Perspectives on Active and Passive Money Management; TERMINOLOGY: INVESTORS, INVESTMENT VEHICLES, RISK AND RETURN; THE TOP-DOWN FUNDAMENTAL ANALYSIS PROCESS; THE RECORD OF PROFESSIONAL MONEY MANAGERS; MARKET EFFICIENCY, BEHAVIORAL FINANCE, AND ADAPTIVE EXPECTATIONS; ADDITIONAL PERSPECTIVES ON INVESTING; PROFESSIONAL INVESTMENT POLICY STATEMENTS; SUMMARY; QUESTIONS; ANSWERS TO SELECTED QUESTIONS; REFERENCES; NOTES; Chapter 2: Analyzing the Macro-Finance Environment. |
|
ECONOMIC ANALYSIS: THE FIRST STEP OF A TOP-DOWN FUNDAMENTAL PROCESSDATA CONSIDERATIONS: NOMINAL AND REAL TIME SERIES; NATIONAL INCOME, CORPORATE PROFITS, AND JOB CREATION; LEADING ECONOMIC INDICATORS; COINCIDENT ECONOMIC INDICATORS; LAGGING ECONOMIC INDICATORS; SUPPLEMENTAL ECONOMIC INDICATORS; SUMMARY; QUESTIONS; REFERENCES; NOTES; Chapter 3: Valuation, Expected Returns, and the Dividend Discount Model; FINANCE PRINCIPLE 1: VALUATION; FINANCE PRINCIPLE 2: VALUE AND EXPECTED RETURNS; SUMMARY; QUESTIONS AND PROBLEMS; ANSWERS TO SELECTED QUESTIONS; REFERENCE; NOTE. |
|
Chapter 4: Historical Performance AnalysisGETTING STARTED; HISTORICAL STOCK RETURNS; GROWTH IN REVENUES, PROFITS, AND DIVIDENDS; GROSS, OPERATING, AND NET PROFIT MARGINS; RELATIVE VALUATION; LIQUIDITY AND DEBT; PROFITABILITY: ROA AND ROE; NOPAT, TOTAL INVESTED CAPITAL, FREE CASH FLOW, AND ROIC; VALUE CREATION: COST OF CAPITAL, EVA, MVA, AND INTRINSIC€VALUE; USING DIFFUSION INDEXES TO SUMMARIZE PERFORMANCE ANALYSIS; SUMMARY: HISTORICAL PERFORMANCE ANALYSIS; APPENDIX: UNITED TECHNOLOGIES' FINANCIAL STATEMENT HIGHLIGHTS, 2009-2012; QUESTIONS; ANSWERS TO SELECTED QUESTIONS; REFERENCES; NOTES. |
|
Chapter 5: Financial Statement Forecasting, Financial Analysis, and ValuationTHE INCOME STATEMENT FORECAST WORKSHEET; THE PERCENT-OF-SALES FORECASTING METHOD; FORECASTING MCD'S INCOME STATEMENT; FORECASTING MCD'S BALANCE SHEET; PRO FORMA ANALYSIS: MCD; INTRINSIC VALUE MODELING; FINANCIAL FITNESS AND PROBABILITY OF BANKRUPTCY€SCORECARDS; SUMMARY; CASE STUDY 5.1: TWO PERSPECTIVES ON VALUATION ANALYSIS: THE CURIOUS CASE OF AMAZON, INC.; QUESTIONS; REFERENCES; NOTES; Chapter 6: Analyzing Company Strategy and Identifying Catalysts; SOURCES OF INFORMATION. |
|
UNIQUE CAPABILITIES LEAD TO SUSTAINABLE COMPETITIVE€ADVANTAGEGETTING STARTED: ANALYZING STRATEGY AND COMPETITIVE€ADVANTAGE; PORTER'S FIVE FORCES MODEL; SWOT ANALYSIS; CATALYSTS; SUMMARY; QUESTIONS; ANSWERS TO SELECTED QUESTIONS; REFERENCES; Chapter 7: Portfolio Risk and Performance Attribution; FOUNDATIONS: RISK AND EXPECTED RETURN; STATISTICAL REPRESENTATIONS OF MACROECONOMIC AND FIRM-SPECIFIC RISK; EXTENDING THE MEAN-VARIANCE FRAMEWORK: BETA; PERFORMANCE ATTRIBUTION: SECTOR WEIGHTS, DIVIDEND YIELD, BETA, AND STYLE; MULTIFACTOR MODELS; SUMMARY; QUESTIONS AND PROBLEMS. |
| Subject |
Portfolio management.
|
|
Technical analysis (Investment analysis)
|
|
Stocks.
|
|
Gestion de portefeuille. |
|
Analyse technique (Analyse financière) |
|
Actions (Titres de société) |
|
Portfolio management |
|
Stocks |
|
Technical analysis (Investment analysis) |
| Other Form: |
Print version: Weigand, Robert A. Applied equity analysis and portfolio management 9781118630914 (OCoLC)864788691 |
| ISBN |
9781118819180 (electronic bk.) |
|
1118819187 (electronic bk.) |
|
9781118819203 |
|
1118819209 |
|
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