Security Analysis and Portfolio Management
Unit 1: Risk–Return Analysis, Bond Valuation & Fundamental Analysis
Basics of Risk and Return
Core Principle: Investing involves a trade-off between risk and return. Higher potential returns...
Measuring Risk
Standard Deviation, Coefficient of Variation, Beta, and Alpha Core Concept: Quantifying risk is e...
Bond Valuation and Risk
Core Concept: Bonds represent a loan made by an investor to a borrower (typically a corporation ...
Fundamental Analysis
EIC Framework Core Concept: The EIC (Economy-Industry-Company) framework is a top-down approach t...
Economic Analysis
Leading, Lagging & Coincident Macroeconomic Indicators Core Concept: Macroeconomic indicators pro...
Expected Direction of Movement of Stock Prices with Macroeconomic Variables in the Indian Context
Core Concept: Macroeconomic variables significantly influence the stock market. Understanding th...
Industry Analysis
Stages of Life Cycle, SWOT Analysis, Company Analysis Core Concept: Industry analysis is a crucia...
Unit 2: Share Valuation & Technical Analysis
Share Valuation
Dividend Discount Models (DDM) Core Concept: Dividend Discount Models (DDM) are a family of valua...
Relative Valuation Models Using Ratios
Core Concept: Relative valuation involves determining the value of an asset by comparing it to t...
Technical Analysis
Meaning, Assumptions, and Difference Between Technical and Fundamental Analysis Core Concept: Tec...
Price Indicators
Dow Theory, Advances and Declines, New Highs and Lows, Circuit Filters Core Concept: Price indica...
Volume Indicators
Dow Theory, Small Investor Volumes & Other Indicators - Institutional Activity Core Concept: Volu...
Trends
Resistance and Support Core Concept: Support and resistance levels are fundamental concepts in te...
Technical Charts & Patterns and Indicators
Moving Averages Core Concept: Technical charts and patterns are visual representations of price m...
Unit 3: Portfolio Analysis and Management
Portfolio Analysis
Portfolio Risk and Return Core Concept: Portfolio analysis involves evaluating the risk and retur...
Markowitz Portfolio Model
Risk and Return for 2 and 3 Asset Portfolios Core Concept: The Markowitz Portfolio Model, develop...
Concept of Efficient Frontier & Optimum Portfolio
Core Concept: The Efficient Frontier and the concept of an Optimum Portfolio are central to Mode...
Market Model
Concept of Beta, Systematic and Unsystematic Risk Core Concept: The Market Model is a simplified ...
Investor Risk and Return Preferences
Indifference Curves and the Efficient Frontier Core Concept: Understanding investor risk and retu...
Traditional Portfolio Management for Individuals
Objectives, Constraints, and Considerations Core Concept: Traditional portfolio management for in...
Asset Allocation
Asset Allocation Pyramid, Investor Life Cycle Approach Core Concept: Asset allocation is the proc...
Portfolio Management Services
Passive - Index Funds and Systematic Investment Plans (SIPs) Core Concept: Passive portfolio mana...
Portfolio Management Services
Active – Market Timing, Style Investing Core Concept: Active portfolio management is an investmen...
Unit 4 – Asset Pricing Models and Mutual Funds
Capital Asset Pricing Model (CAPM)
Efficient Frontier with a Combination of Risky and Risk-Free Assets Core Concept: The Capital Ass...
Assumptions of the Single-Period Classical CAPM Model
Core Concept: The Capital Asset Pricing Model (CAPM) is a theoretical model that relies on a set...
Expected Return, Required Return, Overvalued and Undervalued Assets as per CAPM
Core Concept: The Capital Asset Pricing Model (CAPM) provides a framework for determining the re...
Multiple Factor Models
Arbitrage Pricing Theory (APT), APT vs CAPM Core Concept: Multiple factor models are asset pricin...
Mutual Funds
Introduction, Classification, Advantages, and Disadvantages Core Concept: Mutual funds are invest...
Performance Evaluation of Managed Funds
Sharpe, Treynor, and Jensen's Measures Core Concept: Evaluating the performance of managed funds ...