
Equity Markets and Portfolio Analysis
Description
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In recent years, changes have swept through the investmentindustry like wildfire. Academia has followed along and providednew lenses for viewing this transformation, as well as newstrategies for gaining a true understanding and knowledge ofinvestment and financial markets. Now, Equity Markets andPortfolio Analysis has been created to further informinvestment professionals and finance students on the basic conceptsand strategies of investments, and to provide more detaileddiscussions on advanced strategies and models. The concepts coveredin this book will help readers gain a better understanding of themarkets and uses for an increasing number of securities,strategies, and methodologies.
Equity Markets and Portfolio Analysis is the only coreinvestment book that covers the functionality of Bloombergterminals, increasingly critical tools both in the classroom and onthe trading floor. As Bloomberg terminals now play a key role inthe research, teaching, and managing of student investment funds,understanding the system's information and analytical functions hasbecome more important than ever.
* In-depth coverage of fundamentals through more detailedconcepts for students and professionals who want to betterunderstand the evaluation, selection, and management ofsecurities
* One-of-a-kind training and instructional course, introductionto Bloomberg investment subjects, and reference for CFApreparation
* Bloomberg material provided in an appendix accompanying eachchapter, a useful option for professors
* Ideal for finance practitioners, investment bankers, andacademics
This unique resource will give readers both the foundationalknowledge and the analytical tools necessary for investmentsuccess, both in the classroom and in the real world.
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Content
Acknowledgments xiii
CHAPTER 1 Overview of the Financial System 1
CHAPTER 2 Overview and Guide to the Bloomberg System 29
CHAPTER 3 Stock and Bond Valuation and Return 73
CHAPTER 4 Equity Securities, Markets, and Trading 131
CHAPTER 5 Investment Funds, Intermediate Securities, and GlobalEquity Markets 179
CHAPTER 6 Expected Rate of Return and Risk--Stock 221
CHAPTER 7 Portfolio Evaluation 267
CHAPTER 8 Portfolio Selection--Markowitz Model 303
CHAPTER 9 The Capital Asset Pricing Model 347
CHAPTER 10 The Arbitrage Pricing Theory 365
CHAPTER 11 The Financial Anatomy of a Company--FundamentalAnalysis 385
CHAPTER 12 Applied Fundamental Analysis 437
CHAPTER 13 Market and Industrial Analysis: Top-Down Approach487
CHAPTER 14 Technical Analysis 537
CHAPTER 15 Efficient Markets 581
CHAPTER 16 Options Markets 623
CHAPTER 17 Futures Markets 669
Index 695
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