...Investment Principles and Analysis Trinity University FNCE 3352 Spring 2010 INSTRUCTOR: Carl M. Hubbard, Ph.D., CFA Office: CGC N3l6; phone 999-7283, carl.hubbard@trinity.edu OFFICE HOURS: 9:30 – 11:30 MW; 2:30 – 4:00 TTh; Other times available by appointment. TEXTBOOK: Zvi Bodie, Alex Kane, and Alan J. Marcus. Essentials of Investments, 7th Edition. New York: McGraw-Hill, 2008. CALCULATOR: Texas Instruments BAII Plus Calculator COURSE OBJECTIVES The learning objectives for students in this course are: (l) improve your understanding of financial securities and markets, (2) develop the ability to analyze investment companies, common stocks, and bonds for investment decisions, (3) understand how options are valued and how option contracts are used in hedging and speculating, (4) understand how to apply security analysis techniques in relatively efficient capital markets, and (5) gain practical experience in trading securities. The prerequisite for this course is the completion of FNCE 3301 with a grade of C- or better. REQUIREMENTS OF THE COURSE 1. Complete the assigned readings and problems. 2. Attend and participate in each class meeting. 3. Complete the security analysis project. 4. Complete the three examinations as scheduled. READING AND PROBLEM ASSIGNMENTS The reading and problem assignments are designed to achieve the goals of the course and are to be completed in preparation...
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...Stock Trak Investment Report [Portfolio Investment Analysis] Portfolio management is an important factor that determines the performance of the portfolio. To perform well in the portfolio, it is not only essential to develop personal investment strategies, but analyzing current financial trend is also vital. Stock Trak is an online portfolio simulation that allows students to try out different investment strategies, and also get a hand on experience in what the real market trading conditions are. By managing the portfolio, I have acquired some new knowledge of investment strategies and also become more familiar with the current market by following closely to the financial headlines. My portfolio composed of only a few specific stocks of some large information technology companies. The main compositions are Apple Inc., Google Inc., and International Business Machines Corp (IBM). By investing different stocks in the same industry, it comes to my attention that even though they are in the similar category, the life cycles of these stocks are still very different. It is interesting to compare and analyze the different progress of those companies, and also to see how different factors affecting the performance of a specific stock and the portfolio as a whole. [Portfolio Performance Analysis] My overall return is 7.92%, which is about average and is a little over performed comparing to the S&P 500 average of 7.71% during the same period of time. Analyzing the historical data...
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...Investment Principles and Analysis Trinity University FNCE 3352 Spring 2010 INSTRUCTOR: Carl M. Hubbard, Ph.D., CFA Office: CGC N3l6; phone 999-7283, carl.hubbard@trinity.edu OFFICE HOURS: 9:30 – 11:30 MW; 2:30 – 4:00 TTh; Other times available by appointment. TEXTBOOK: Zvi Bodie, Alex Kane, and Alan J. Marcus. Essentials of Investments, 7th Edition. New York: McGraw-Hill, 2008. CALCULATOR: Texas Instruments BAII Plus Calculator COURSE OBJECTIVES The learning objectives for students in this course are: (l) improve your understanding of financial securities and markets, (2) develop the ability to analyze investment companies, common stocks, and bonds for investment decisions, (3) understand how options are valued and how option contracts are used in hedging and speculating, (4) understand how to apply security analysis techniques in relatively efficient capital markets, and (5) gain practical experience in trading securities. The prerequisite for this course is the completion of FNCE 3301 with a grade of C- or better. REQUIREMENTS OF THE COURSE 1. Complete the assigned readings and problems. 2. Attend and participate in each class meeting. 3. Complete the security analysis project. 4. Complete the three examinations as scheduled. READING AND PROBLEM ASSIGNMENTS The reading and problem assignments are designed to achieve the goals of the course and are to be completed in preparation for the discussion of that...
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...| |STOCK-TRAK REPORT | |ADMS 3531 N W2012 | | | |Eugene Myslinsky | |208083420 | |3/27/2012 | | | For the past three months we have been participating in a Stock-Trak Simulation exercise to experience what it takes to trade in the stock market. In this report, we will explain which strategies I chose to follow, which investments were the most and least successful to my portfolio and lastly, what advice we would give those who are looking to trade with real money. Investment Strategy and Selection The strategy I employed for our Stock-Trak simulation...
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...David Rossi & Dhiraj Thakker Investments – Professor Flaherty Stock- Trak Portfolio Report The stock trak game was a great opportunity to gain first-hand experience with making trades in the stock market. The experience we gained through the game gave us the ability to manage large sums of money, giving us the opportunity to recognize the importance of preparing and utilizing portfolios in the career development process, to be aware of the component parts that make your portfolio effective, and to understand how to compile and present your portfolio in a professional manner. The initial round of investments to our portfolio was comprised of seven domestic stocks. The main goal was to acquire stable, well-known companies that would pose low risk. These stocks were selected with minimal analysis due to their market capitalizations and the associated company’s reputations. We selected several Blue chip stocks, because they appeared to match our goals of stability and minimizing risk. Since these companies are very large, well established corporations, we understood that the possibility of significant growth in equity is unlikely due to the established maturity of the companies. For this reason, we did not expect to earn our largest return in this area of our portfolio, but instead we were hoping for small growth, while collecting dividends. The first stock purchased was Microsoft (MSFT). Microsoft is a large cap computer software company...
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...YORK UNIVERSITY STOCKTRAK REPORT ADMS 3531 N W2012 Eugene Myslinsky 208083420 3/27/2012 Stock-Track Report Eugene Myslinsky - 208083420 For the past three months we have been participating in a Stock-Trak Simulation exercise to experience what it takes to trade in the stock market. In this report, we will explain which strategies I chose to follow, which investments were the most and least successful to my portfolio and lastly, what advice we would give those who are looking to trade with real money. Investment Strategy and Selection The strategy I employed for our Stock-Trak simulation was to diversify our portfolio among different sectors, various stocks with relatively low risk, and stocks which were positively/negatively correlated with other securities in our portfolio. My goal was to make a gain of 10% return on our overall. The policies put in place to achieve my 10% goal are as follow: a) Trading with the exchange trend: Mathematical analysis has shown that equity price changes are mostly random with a small trend component, this is an important pillar of knowledge as this is the only strategy which will give positive results in the long run (usually seen within 4 weeks) b) Cut losses: When faced with a stock that has been underperforming beyond reasonable doubt and expectations it must be cut off in order to protect the return on my portfolio. c) Long Positions are kept until they stop performing well: I’ll hold onto our long or short positions as long as they...
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...Notes on STOCK-TRAK 1. Think of yourself as having a ten week internship as a commodity futures trader. You are a commodity trading advisor (CTA) and I am a commodity pool operator (CPO). You have $1,000,000 of my money to use for margin. 2. At the end of the ten week trading period, you are required to write me a report explaining why you should be retained as a CTA. A first draft of the report is due Thursday, March 22nd. This draft will be returned with suggestions for improvements. I expect the first draft to be an honest attempt to meet the requirements of the assignment. If I conclude that this draft is not salvageable you will forfeit your right to submit the final report. 3. Your grade will be based upon the quality of the report and not on your trading results. 4. For the report to receive a high grade it must be 1. Well written i.e. no spelling, punctuation, or grammatical mistakes. 2. Convince me (it is my money after all) that you were serious and thoughtful about what you did. What approach did you take? How did you acquire the information required. 3. Explain your approach to risk management. 5. You can only trade commodity futures and commodity futures options. That is commodities like corn, copper, oil, pork bellies, wheat, coffee, sugar, cotton, etc. You CANNOT trade interest rate futures, stock futures, stock index futures, or currency futures. It is my money and all you are authorized...
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...Stock Trak Simulation Project Team: RELDTraders Members: Rose Ewatame & Laura Dujmovich FINA 5319 Investments Dr. Debby Su Revised Investment Policy Statement Introduction The RELDTraders Fund (the “fund”) was created to promote wealth for the portfolio’s investors. The fund managers are Rose Ewatame and Laura Dujmovich who both have minimal trading experience. The purpose of this policy statement is to establish guidelines under which the portfolio will be managed. Such guidelines include accountability standards and monitoring of the portfolio’s development. The investor’s current goals are capital appreciation partnered with current wealth preservation. Investment Objectives & Spending Policy The objective of the fund will be to earn short-term capital gains due to the minimal investment period of ten weeks. The current assets of the portfolio are $1,000,000. We will attempt to keep our cash holdings under 20% of our portfolio. The fund managers anticipate a return of 4.8% and the worst case scenario 3-month loss limit is -10.0%. The assets of the portfolio will be allocated as follows; 30% Bond Market, 30% Mutual Funds, 40% Stocks. Investments in bonds will be equally distributed between corporate and government bonds. We will invest in risky mutual funds such as ProFunds and high yield bond funds to offset the low-risk characteristics of our equity holdings. All of our stock holdings will be long equity positions that we expect to gradually appreciate therefore...
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...for placing in top three in class. A maximum of 200 trades are allowed per semester. Before making the trades, you should research your companies and develop written rationales on why you selected the company/mutual fund for investment. The research should include investment objectives, economic/market/industry analysis, analysts’ opinions/evaluations, and rationale for buying or selling equities or mutual funds. All of the research tools are available from the home page (see below). There is a menu item (Research Tools) with its own drop-down menu for this purpose. You are going to present your work on the last day of the class and submit one report per group at the end of the semester. Presentation Each group has 10 min. to present (the presentation should be equally divided among group members). Report (max 5 pages) The final report should include your portfolio, its value in addition to the investment objectives, economic/market/industry analysis, analysts’ opinions/evaluations, and rationale for buying/selling, performance evaluation measures, i.e., compared to the others in class, others across the country, and broader market averages, such as S&P 500. Please, do not forget to include your group ID and password to the simulation website. Important Note Before you begin the simulation and actively trading, you should review the materials under the menu item “Learn Trading” on the homepage of the simulation site. You should become familiar with the tools of the trade. There...
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...A REPORT ON THE INDIAN TYRE INDUSTRY By Harsha Verma 09BSHYD0310 Nehal Basedia 09BSHYD0509 Prabani Phukan 09BSHYD1064 Jitendu Kumar Dixit 09BSHYD0336 Sandeep Kumar Gupta 09BSHYD0733 Date of Submission: September 03, 2010 The Indian Tyre Industry 2010 TABLE OF CONTENTS Acknowledgement ............................................................................................................... 4 Executive Summary .............................................................................................................. 5 Introduction .......................................................................................................................... 7 Purpose of Report ....................................................................................................................................................... 7 Scope of the Report .................................................................................................................................................... 7 Phase I: Industry Analysis ................................................................................................................................. 7 Phase II: Test of Efficiency of Market .......................................................................................................... 7 Phase III: Company Analysis ............................................................................................................................ 7 Scope of Study...
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...Clarkson University Professor: Susan Young FN 475 Portfolio Management Stock Simulation: Spring 2010 Visit the web page at http://v2.stocktrak.com/public/members/registrationstudents.aspx?p=ClarksonU-FN475-Sp10 to activate and pay for your account online with a credit card. The fee for the service is $28.95. [Or, you may mail the Registration Form attached to the trading rules form along with your check to STOCK-TRAK] Stocktrak.com Project Trading Rules: http://www.stocktrak.com/public/content/tradingrules.aspx Each student will run a $1,000,000 portfolio. Trading accounts will be active on Wednesday, January 27h and end on Wednesday April 14th (11 weeks total). PLEASE ENSURE THAT YOU REGISTER BEFORE FRIDAY JANUARY 22ND TO ENSURE YOU ARE ABLE TO ACCESS THE SYSTEM. Each student is to assume the role of hedge fund manager and to design and execute an appropriate strategy to maximize the portfolio’s return over the eleven (11) week investment horizon. The clients of the fund have specified capital appreciation as the main investment objective and have no short-term cash needs. Your challenge will be to design and execute an investment strategy that satisfies the client over the 11 week investment period. Your grade for this project is based on several factors as outlined on page three. Each student will be responsible for articulating the investment objective, formulating an appropriate investment strategy to meet the objectives, conducting the necessary...
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...George Chiu Armen Odadjian Mengyang Wu FBE459: Stock-Trak End of Semester Report Our portfolio had a return of +6.97% as of November 28th compared with a +3.86% return on the S&P 500 in the same time period. We ended with a Sharpe Ratio of 4.30 and portfolio beta of 0.23. Over 136 trades, we employed various option strategies, longed and shorted equities, speculated on commodities with futures, and invested in fixed income securities. Listed below are a few highlights and in-depth analysis of the strategies that we used. Protected Put Ticker | Position | Cost | Strike | S0 | ST | Profit/Loss | MU | Long | | | 30.61 | 34.30 | +$369.00 | | Buy Put | 1.72 | 31 | 30.61 | 34.30 | -$172.00 | DVN | Long | | | 59.02 | 67.20 | +$818.00 | | Buy Put | 1.60 | 57.5 | 59.02 | 67.20 | -$160.00 | SSYS | Long | | | 116.63 | 102.42 | -$1,421.00 | | Buy Put | 6.70 | 115 | 116.63 | 102.42 | +588.00 | *where S0= price at position open and ST=price at position close On October 22, we entered into three protect put strategies for Micro Technology (semiconductor maker), Devon Energy Corp. (energy company), and Stratasys, Ltd. (3-D printer maker). Our team believed that each company would outperform their peers in their perspective industries. Each company, however, operates in volatile industries. The semiconductor industry suffers from cyclical demand and producers often see margins slashed due to constant price wars. The stock prices of energy companies often fluctuate with...
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...UNIVERSITY OF THE PHILIPPINES National College of Public Administration and Governance Diliman, Quezon City PERFORMANCE OF THE BUREAU OF FIRE PROTECTION (BFP): CONTRIBUTIONS TO FIRE MANAGEMENT A proposal submitted in partial fulfillment of the requirements for PA 199.2 By: Nheo Cervantes Geofel Soriano Adviser: Vicente Mariano September 27, 2011 I. Introduction Fires are one of the few calamities of which we can prevent. Besides the efforts of the Bureau of Fire Protection (BFP), and the passing of the Revised Fire Code or RA 9514 in 2008, fires are still one of the leading man-made disasters in the Philippines. In 2011, there had already been several fires like the incident last February 7 which left 3000 families homeless. Other than that, most establishments, most notably in Baguio, are fire safety violators (Dar, 2011). These incidents bring into question the effectiveness of the actions and programs of the BFP in terms of their response to fire emergencies. Because of this, the group decided to make a study that would assess the effectiveness of the BFP's response methods, campaigns and projects, and would try to come up with proposals that would increase the effectiveness of fire management in the country. II. The Problem The research problem of the group would focus on the Bureau of Fire Protection’s response to fire incidences in a specific area. Ideally, the BFP should be able to effectively respond to fire emergencies within five...
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...ASSIGNMENT ON MANAGEMENT OF TECHNOLOGY RAJESWARI.G ID NO. 2010HZ58075 ASSIGNMENT ON In your opinion, what are some important criteria which the firms should take to increase the quality and productivity of their products and service? Assignment on Productivity Improvement Page 2 Important criteria which the firms should take to increase the quality and productivity of their products and services There are few things to be considered for a Firm to increase the market value/productivity by improving the quality of the product, This is generally can be achieved, By improving the existing product, By introducing new products, Product launching / Advertising the same By improving the services for the newly or existing products, Immediate response for the complaints , querries Cost effective , easy accessible products etc., Let we discuss the points in detail, 4 Quick Steps to Improve an Existing Product You may have a niche marketing website that just isn’t producing sales for you at the rate at which you had hoped it would…..or maybe it isn’t producing any income for you at all or it could be that you haven’t actually figured out that what you are selling is, in fact, a niche market product. You might need to do a little ‘tweaking’ and modify your strategies somewhat to get the site performing better. There really are some things that you can do to improve your existing product. Step #1: Bill Cosby, the famous entertainer, once said, “I don’t know what...
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...Integrated Case study AN ANALYSIS OF THE CASE MAN GROUP (A) January 2013 Integrated Case Study: Man Group (A) Contents Page Acknowledgements Executive Summary Chapter 1: Introduction 1 Chapter 2: Case brief 4 Chapter 3: Problem statement and Analysis 8 3.1 Problem statement for Man Group Plc (A) 3.2 Literature review 3.3 Proposed plan of analysis 3.4 Sources of data Chapter 4: Analysis and Findings 22 An assessment of the current position Chapter 5: Proposed solution to Problems 29 5.1 Integrated discussion of the analysis 5.2 Recommendations 5.3 Proposed plan of action 5.4 Limitations of the study, scope for further research Chapter 6: Application to another case 35 6.1 Background 6.2 Description of the comparator company’s situation 6.3 Testing the recommendations on the comparator company Appendices References Word count: 11,980 Acknowledgements My sincere regards and gratitude goes to Almighty God who gave me strength and will to complete my studies successfully. I give my deepest regards to my supervisor Dr. K. Vijay Shenai for his guidance, support and dedication towards all his students. I extend my regards to all my friends who supported me through my studies and were of immense help to me. My warm regards and love for my parents who have always been an inspiration to me and have always supported me throughout my studies, this would...
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