| Description |
1 online resource (1 volume) : illustrations |
| Contents |
Cover -- Preface -- Contents -- Chapter 1: Introduction -- Properties of Financial Assets -- Financial Markets -- Securities Market -- National Market -- International Market -- Domestic Segment -- Foreign Segment -- Money Market -- Call Market -- T-bill Market -- Inter-bank Market -- Certificates of Deposit Market -- Ready Forward Contracts (Repo) Market -- Commercial Paper (CP) Market -- Inter-Corporate Deposit Market -- Commercial Bill Market -- Capital Market -- Debt Market -- Equity Market -- Primary Market -- Secondary Market -- Forex Market -- Spot Market -- Derivative Market -- Investments -- Types of Investments -- Characteristics of Investment -- Objectives of Investment -- Types of Investors -- Investment vs Speculation -- Investment vs Gambling -- Speculation vs Gambling -- Hedging -- Summary -- Concepts -- Short Questions -- Essay Questions -- Chapter 2: Stock Exchanges in India -- The Bombay Stock Exchange -- The National Stock Exchange -- Over the Counter Exchange of India -- The Inter-connected Stock Exchange of India -- Stock Exchange Members -- Functions of Stock Exchange Members -- Broker/Dealer -- Market Makers -- Agency Brokers -- Stock Indices -- Computation of Index -- Secondary Market -- Secondary Market Trading -- Trading Limits -- Value at Risk Margin -- Additional Volatillity Margin -- Mark to Market Margin -- Special Ad hoc Margin -- Special Margin -- Gross Exposure Margin -- Mark to Market Margin -- Additional Volatillity Margin -- Special Ad hoc Margin (SAM) -- Special Margin -- Ad hoc Margin -- Opportunities Available for Foreign Investors -- Investment through Stock Exchanges -- Summary -- Concepts -- Short Questions -- Essay Questions -- Appendix 1 -- Appendix II -- Appendix III -- Appendix IV -- Chapter 3: Stock Market Regulation -- Securities Exchange Board of India -- Powers and Functions of SEBI |
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Legislation Governing SEBI Functions -- Primary Market Regulation -- Issue of Shares -- Pricing by Companies Issuing Securities -- Promoters' Contribution -- Other Issue Requirements -- Pre-issue Obligations -- Contents of the Prospectus -- Post-issue Obligations -- Regulation on Employee Stock Option Scheme (ESOS)/Employee Stock Purchase Scheme (ESPS) -- Issue of Sweat Equity by a Listed Company -- Secondary Market Regulations -- Insider Trading -- Buyback of Shares -- Buyback through Tender Offer/Buyback of Odd Lot Specified Securities -- Buyback from Open Market -- Buyback through Stock Exchange -- Buyback through Book Building -- Substantial Acquisition of Shares or Voting Rights or Control in a Listed Company -- Bail out Takeovers -- Regulation for Mutual Funds -- Regulations on Derivatives Trading -- Summary -- Concepts -- Short Questions -- Essay Questions -- Appendix -- Case Study -- Chapter 4: Services of Intermediaries -- Brokers -- Sub-broker -- Dealing/Trading Member of a Derivative Segment -- Investment Management Company -- Fund Managers -- Merchant Bankers -- Issue Managements -- Advisory Services -- Financial Services -- Market Operations -- Credit Rating Agencies -- Investment Banks -- Regulatory Bodies -- Auditing Bodies -- Stock Depositories -- Technology Providers/Internet Providers -- Bandwidth Optimisation -- Scalability and Robustness of the Trading System -- Intergration with Third Party Systems -- Broadband -- Narrowband -- Electronic Communications Networks -- e-Customer Relationship Managements -- Summary -- Concepts -- Short Questions -- Essay Questions -- Appendix -- Chapter 5: Investment Opportunities -- Investment Avenues -- Corporate Securities -- Equity Shares -- Rights Issue of Equity -- Preference Shares -- Debentures and Bonds -- Depsitory Receipts (GDRs/ADRs) -- Warrants -- Derivatives -- Deposits |
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Savings Bank Account with Commercial Banks -- Bank Fixed Deposits -- Company Fixed Deposits -- Post Office Deposits and Certificates -- Life Insurance Policies -- Provident Fund Scheme -- Equity Linked Savings Schemes (ELSSs) -- Pension Plan -- Government and Semi-government Securities -- Mutual Fund Schemes -- Real Assets -- Real Estate -- Bullion Investment -- Investment Opportunities for Foreign Citizens of Indian Origin -- Foreign Direct Investment -- Portfolio Investment -- Sources of Investment Information -- Institutions Floating Financial Securities -- Financial Markets -- Financial Service Intermediaries -- Media -- Summary -- Concepts -- Short Questions -- Essay Questions -- Appendix I -- Appendix II -- Chapter 6: Debt Instruments and Their Valuation -- Players in the Debt Market -- Valuation of Debt Instruments -- Running Yield -- Simple Yield to Maturity -- Redemption Yield -- Holding Period Yield -- Comparison of Yield Computations -- Yields to Call/Put -- Yields on Index Linked Bonds -- Yield Curves -- Ascending Yield Curve -- Descending Yield Curve -- Risk Management in Bonds -- Default Risk -- Reinvestment Risk -- Purchasing Power Risk -- Price Risk -- Liquidity Risk -- Bond Duration -- Convexity -- Dispersion -- Summary -- Concepts -- Short Questions -- Essay Questions -- Problems -- Case Study -- Chapter 7: Equity Instruments and Their Valuation -- Share Valuation -- Earnings Valuation -- Negative Earnings Due to Cyclical Nature of Industry -- Negative Earning Due to Unforeseeable Circumstances -- Negative Earning Due to Poor Managements -- Persistent Negative Earnings -- Negative Earnings Due to Early Growth Stage -- Negative Earnings Due to High Leverage Cost -- Earnings Forecast -- Forecasting Earnings Using Statistical Tools -- Forecast of Annual Versus Quarterly results -- Revenues Valuation -- Cash Flows Valuation |
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Asset Valuation -- Yield Valuation -- Member Valuation -- Valuation of Private Companies -- Summary -- Concepts -- Short Questions -- Essay Questions -- Problems -- Case Study -- Chapter 8: Derivatives and Their Valuation -- Understanding Risk -- Define Risk Policy -- Risk Measurement -- Risk Control -- Control of Price Risk -- Control of Operating Risk -- Hedging Instruments -- Forward Contracts -- Futures Contracts -- Forward/Futures Contracts -- Options -- Trading in the Futures Contract -- Daily Margins -- Maintenance Margins -- Initial Margins -- Spread Positions -- Concept of Basis in Futures Market -- Financial Futures -- Stock Index Futures -- Interest Rate Futures -- Currency Forward -- Currency Futures -- Example-Financial Futures -- Example-Stock Index Futures -- Hedge Ratios -- Hedge Positions for a Portfolio -- Option -- Call Option -- The Profit/Loss Profile at Expiry -- The Profit/Loss Profile Prior to Expiry -- Put Options -- The Profit/Loss Profile at Expiry -- The Profit/Loss Profile Prior to Expiry -- Writing Options -- Exotic Options -- Warrants -- Convertible Bonds -- Swaps -- Equity Swaps -- Valuation of Instruments -- Pricing Futures -- Stock Index Futures Prices -- The Black-Scholes Option Pricing Model -- Variations on the Basic Black-Scholes Mo -- European-style Call Options on Dividend Paying Shares -- European-style Call Options on Stock Index -- European-style Call Options on Futures -- Valuing an European-style Put Option -- Computing Volatility -- Computing Implied Volatility -- Binomial Option Pricing Model -- Incorporating Time Value and Dividend Flows -- Summary -- Concepts -- Short Questions -- Essay Questions -- Problems -- Case Study -- Chapter 9: Fundamental Analysis I: Economic Analysis -- Economic Analysis -- Tools for Economic Analysis -- Gross Domestic Product -- Consumption Spending -- Investment Spending |
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Goverments Expenditure -- Export -- Consumption in the Process of Import Distribution -- Monetary Policy and Liquidity -- Inflation -- Interest Rates -- International Influences -- Consumer Sentiment -- Fiscal Policy -- Long-term Growth Expectations -- Technology Effect -- Labour Effect -- Capital Effect -- One Contributing Factors -- Influences on Short-term Expectations -- Forecasting Models -- Structural or Cross-sectional Econometric Models -- Time Series Econometric Models -- Structural Time Series Models-A Hybrid -- Applications of Economic Analysis -- Economic Analysis and International Investment -- Cross-border Investments -- International Comparison of Institutional Investors -- Summary -- Concepts -- Short Questions -- Essay Questions -- Case Study -- Chapter 10: Fundamental Analysis II: Industry Analysis -- Standard Industrial Classification (SIC) -- Links between the Economy and Industry Sectors -- The Stock Market and the Business Cycle -- Data Needs for an Industry Analysis -- Data Categories -- Tools for Industry Analysis -- Cross-sectional Industry Performance -- Industry Perfomance over Time -- Differences in Industry Risk -- Prediction about Market Behaviour -- Quantitative Industry Analysis -- Analysing Employment Data -- Data Selection -- Estimating the Duration of Analysis -- Estimating a Base Year -- Quantitative Tools for Analysing Employment Status -- Anlysis of Emoluments Data -- Total Emoluments by Industry -- Emoluments per Employee by Industry -- Change in Emolument per Employee by Industry -- National Comparison of Average Emolument per Employee -- Input-Output Analysis -- Industry Earning Data Analysis -- Infrastructure Sector -- Indian Textile Industry -- Spinning Industry -- Weaving and Knitting Industry -- Indian Fabric Processing Industry -- Garment Manufacturing Sector -- Steel Industry -- Cyclical Industries |
| Summary |
The world of investment is fascinating and, at the same time, enigmatic. The investor's behaviour the world over had oscillated between panic and enthusiasm, guided by the psychological forces of fear and greed. Only knowledgeable investors can minimize investment-related risks through systematic planning and efficient and effective management of their investments. Investment Analysis and Portfolio Management helps you gain that knowlegde. It will be useful to academicians and practitioners and offers a scientific approach to investment management, comprehensive coverage of theory, tools, and techniques of investments, a focus on stock market instruments and is richly illustrated to help understand methods of processing investment information |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (Safari, viewed Apr. 18, 2013) |
| Subject |
Investment analysis.
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Investments.
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Portfolio management.
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Investment analysis
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Investments
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Portfolio management
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| Form |
Electronic book
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| Author |
Madhumathi, R
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| ISBN |
9788131796245 |
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8131796248 |
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8177582291 |
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9788177582291 |
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1299445373 |
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9781299445376 |
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9788131785720 |
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8131785726 |
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9788131798638 |
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8131798631 |
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