Equity Valuation and Portfolio Management - Rilegato

Rilegato

ISBN 10: 047092991X ISBN 13: 9780470929919

Casa editrice: John Wiley & Sons Inc, 2011

Riassunto

A detailed look at equity valuation and portfolio management

Equity valuation is a method of valuing stock prices usingfundamental analysis to determine the worth of the business anddiscover investment opportunities.

In Equity Valuation and Portfolio Management Frank J.Fabozzi and Harry M. Markowitz explain the process of equityvaluation, provide the necessary mathematical background, anddiscuss classic and new portfolio strategies for investmentmanagers. Divided into two comprehensive parts, this reliableresource focuses on valuation and portfolio strategies related toequities.

• Discusses both fundamental and new techniques for valuation andstrategies
• Fabozzi and Markowitz are experts in the fields of investmentmanagement and economics
• Includes end of chapter bullet point summaries, key chaptertake-aways, and study questions

Filled with in-depth insights and practical advice, EquityValuation and Portfolio Management will put you in a betterposition to excel at this challenging endeavor.

Su questo libro

L'autore:

Frank J. Fabozzi, PhD, CFA, is Professor of Finance at EDHECBusiness School and a member of the EDHEC-Risk Institute. Prior tojoining EDHEC in August 2011, he held various professorialpositions in finance at the Yale School of Management from 1994 to2011 and was a visiting professor of finance and accounting at theMIT Sloan School of Management from 1986 to 1992. He is also Editorof the Journal of Portfolio Management.

Harry M. Markowitz, PhD, is a consultant in the area offinance. In 1990, he was awarded the Sveriges Riksbank Prize inEconomic Sciences in Memory of Alfred Nobel for his groundbreakingwork in portfolio theory. In 1989, he received the John von NeumannTheory Prize of the Institute for Operations Research and theManagement Sciences for his work in portfolio theory and otherapplications of mathematics and computers to business practice.

Dalla seconda/terza di copertina:

Understanding the intricacies of equity valuation and portfoliomanagement is essential for both practicing financial professionalsas well as those aspiring to enter this field. But finding trulyhelpful information on these issues can be difficult. That's whyyou need Equity Valuation and Portfolio Management.

Led by financial experts Frank Fabozzi and Harry Markowitz, thecontributors to this book—successful practitioners withexperience as equity portfolio managers and/or equitystrategists—discuss state-of-the-art methods for implementingequity valuation models, trading models, and portfolio managementstrategies. And with key points and questions found at the end ofeach chapter, you'll quickly discover how well you know each topiccovered before moving on to the next one.

Written to reflect the challenges you'll most likely face intoday's dynamic market environment, Equity Valuation and PortfolioManagement contains insights on the most essential aspects of thisdiscipline as well as the tools you'll need to make more informedfinancial decisions. Along the way, you'll become familiarwith:

• The fundamentals of quantitative equity investing and the mostcommon techniques used by quantitative equity managers

• Relative valuation methods for equity analysis

• A framework for equity portfolio management that includes anoutline of the relationships between stocks and investmentapproaches as well as the potential rewards and risks

• How to build and test factor-based models that can be used asthe basis for trading strategies

• The use of equity risk factor models in various applications,namely the analysis of portfolio risk, portfolio construction,scenario analysis, and performance attribution

• Quantitative formulations of portfolio allocation problems usedin equity portfolio management

• And much more

While many of the chapters of this book cover the motivation forquantitative equity investing and actual quantitative equitymodels, an informative chapter reviewing three studies—basedon surveys and interviews of market participants regarding theirexperience with quantitative equity techniques—is alsoincluded to help put things in perspective and address thechallenges that lie ahead.

Accessible and engaging, Equity Valuation and PortfolioManagement is the guide you need to excel at this difficultendeavor.

Su questa edizione

• Editore: John Wiley & Sons Inc
• Data di pubblicazione: 2011
• ISBN 10: 047092991X
• ISBN 13: 9780470929919
• Rilegatura: Copertina rigida
• Numero edizione: 1
• Numero di pagine: 550
• Redattore: Fabozzi Frank J., Markowitz Harry M.