Investments Principles of Portfolio and Equity Analysis, Set (Book + Workbook)

Acknowledgments.

Introduction.

Chapter 1 Market Organization and Structure.

Learning Outcomes.

1 Introduction.

2 The Functions of the Financial System.

3 Assets and Contracts.

4 Financial Intermediaries.

5 Positions.

6 Orders.

7 Primary Security Markets.

8 Secondary Security Market and Contract Market Structures.

9 Well-Functioning Financial Systems.

10 Market Regulation.

11 Summary.

Problems.

Chapter 2 Security Market Indices.

Learning Outcomes.

1 Introduction.

2 Index Definition and Calculations of Value and Returns.

3 Index Construction and Management.

4 Uses of Market Indices.

5 Equity Indices.

6 Fixed-Income Indices.

7 Indices for Alternative Investments.

8 Summary.

Problems.

Chapter 3 Market Efficiency.

Learning Outcomes.

1 Introduction.

2 The Concept of Market Efficiency.

3 Forms of Market Efficiency.

4 Market Pricing Anomalies.

5 Behavioral Finance.

6 Summary.

Problems.

Chapter 4 Portfolio Management: An Overview.

Learning Outcomes.

1 Introduction.

2 A Portfolio Perspective on Investing.

3 Investment Clients.

4 Steps in the Portfolio Management Process.

5 Pooled Investments.

6 Summary.

Problems.

Chapter 5 Portfolio Risk and Return: Part I.

Learning Outcomes.

1 Introduction.

2 Investment Characteristics of Assets.

3 Risk Aversion and Portfolio Selection.

4 Portfolio Risk.

5 Efficient Frontier and Investor's Optimal Portfolio.

6 Summary.

Problems.

Chapter 6 Portfolio Risk and Return: Part II.

Learning Outcomes.

1 Introduction.

2 Capital Market Theory.

3 Pricing of Risk and Computation of Expected Return.

4 The Capital Asset Pricing Model.

5 Beyond the Capital Asset Pricing Model.

6 Summary.

Problems.

Chapter 7 Basics of Portfolio Planning and Construction.

Learning Outcomes.

1 Introduction.

2 Portfolio Planning.

3 Portfolio Construction.

4 Summary.

Problems.

Chapter 8 Overview of Equity Securities.

Learning Outcomes.

1 Introduction.

2 Equity Securities in Global Financial Markets.

3 Types and Characteristics of Equity Securities.

4 Private versus Public Equity Securities.

5 Investing in Non-Domestic Equity Securities.

6 Risk and Return Characteristics of Equity Securities.

7 Equity Securities and Company Value.

8 Summary.

Problems.

Chapter 9 Introduction to Industry and Company Analysis.

Learning Outcomes.

1 Introduction.

2 Uses of Industry Analysis.

3 Approaches to Identifying Similar Companies.

4 Industry Classification Systems.

5 Describing and Analyzing an Industry.

6 Company Analysis.

7 Summary.

Problems.

Chapter 10 Equity Valuation: Concepts and Basic Tools.

Learning Outcomes.

1 Introduction.

2 Estimated Value and Market Price.

3 Major Categories of Equity Valuation Models.

4 Present Value Models: The Dividend Discount Model.

5 Multiplier Models.

6 Asset-Based Valuation.

7 Summary.

Problems.

Chapter 11 Equity Market Valuation.

Learning Outcomes.

1 Introduction.

2 Estimating a Justified P/E Ratio.

3 Top-down and Bottom-up Forecasting.

4 Relative Value Models.

5 Summary.

Problems.

Chapter 12 Technical Analysis.

Learning Outcomes.

1 Introduction.

2 Technical Analysis: Definition and Scope.

3 Technical Analysis Tools.

4 Elliott Wave Theory.

5 Intermarket Analysis.

6 Summary.

Problems.

Glossary.

References.

About the Authors.

About the CFA Program.

Index.