FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

Investment Analysis & Portfolio Management

Unit I
Investment: Meaning, Nature and Scope, Features of Investment, Investment Process, Investment Avenues, Investment Environment, Capital Markets and Security types, Seeking Investments in a Global Market, Concept of Risk, Types of Risks, Return on Investments, Time Value of Money, Computation of Returns and Risk of a security and Portfolio, Relationship between Risk and Return, Correlation, Covariance and Coefficient of determination, Beta of a security and Portfolio, Division of total risk to systematic and unsystematic risk. (14 hours)
Unit II
Capital Market Efficiency: Forms of Efficiency, Efficient Market Hypothesis, Diversion from Efficiency, Measurement of Efficiency of the Financial Markets. Modern Portfolio Theory, Efficient Frontier, Efficient Frontier and Investor’s Utility, Indifference Curve of an Investor, Equilibrium of an Investor, Single Index Model, Capital Market Theory, Capital Asset Pricing Model, Multifactor Models of Risk and Return: Arbitrage Pricing Theory, French and Fama Model. (14 hours)
Unit III
Valuation Principles and Practices: Analysis of Financial Statements, Macro analysis and Micro Valuation of the Stock Market, Industry Analysis, Company Analysis and Stock Valuation, Valuation of Equity, Equity Valuation Methods, Technical Analysis. Concept of Bonds, Term Structure of a Bond, Yield of a Bond, Duration of a Bond, Valuation of Bonds (14 hours)
Unit IV
Portfolio Management and Evaluation: Portfolio Building, Portfolio Management Strategies, Valuation of a Portfolio, Sharpe, Jensen, Treynor, Sortino, Fama-French, Information Ratio Models of portfolio valuation.