A declining stock market index due to lower share prices
It begins with an introduction to the investment process and the risk involved in it and then explains the different methods of security analysis such as The second edition of the book on Security Analysis and Portfolio Management covers all the areas relevant to the theme of investment in securities.
It begins with an introduction to the investment process and the risk involved in it and then explains the different methods of security analysis such as Fundamental Analysis including economy, industry and company analysis , Technical Analysis and Random Walk Theory including Efficient Market Hypothesis.
The valuation of securities such as shares and bonds is illustrated with examples. The securities market environment and the trading system in India are also discussed in sufficient detail.
The different phases of Portfolio Management such as portfolio analysis, portfolio selection, portfolio revision and portfolio evaluation are explained in separate chapters. Pricing theories such as Capital Asset Pricing Model CAPM , Arbitrage Pricing Theory APT , and Option Pricing Theory are explained with suitable examples. The book also provides an introduction to Derivative Instruments in four chapters.
Volatility's Impact On Market Returns
Each chapter is supported with examples, review questions and practice exercises to facilitate learning of the concepts and theories. The book is intended to serve as a basic textbook for the students of finance, commerce, and management. It will be useful to the students pursuing professional courses such as chartered accountancy CA , cost and management accountancy CMA , and chartered financial analysis CFA.
The professionals in the field of investment will find this book of immense value in enhancing their knowledge.
Calculation of Put Option Price using Putcall Parity. Dividends Anticipated during the Life of an Option. Pricing of American Options. Binomial Model of Option Pricing. The Case of the American Option. The BlackScholes Model and the Binomial Model A Contrast.
Quizific | Stock Market Index Quiz
Earlier, he served as Professor of Commerce and Pro Vice Chancellor at the University of Kerala and also as the Director of TKM Institute of Management, Kollam. He has over 35 years of experience in teaching Commerce and Management courses at the postgraduate level. His areas of specialization are financial management, security analysis and portfolio management, international finance, and derivatives.
He has published several research articles in scholarly research journals such as Finance India, Economic and Political Weekly of India, Productivity, Yojana, Decision, International Journal of Management and Systems, etc. He has authored books— Security Analysis and Portfolio Management, 2nd ed. KEVIN PHI Learning Pvt.