Portfolio Theory & Financial Analyses
Publisher: Bookboon.com
Published: 2013
ISBN-13: 9788776816056
Table of contents: title: Part I: An Introduction; title: 1. An Overview; title: Introduction; title: 1.1 The Development of Finance; title: 1.2 Efficient Capital Markets; title: 1.3 The Role of Mean-Variance Efficiency; title: 1.4 The Background to Modern Portfolio Theory; title: Summary and Conclusions; title: Selected References; title: Part II: The Portfolio Decision; title: 2. Risk and Portfolio Analysis; title: Introduction; title: 2.1 Mean-Variance Analyses: Markowitz Efficiency; title: 2.2 The Combined Risk of Two Investments; title: 2.3 The Correlation between Two Investments; title: Summary and Conclusions; title: Selected References; title: 3. The Optimum Portfolio; title: Introduction; title: 3.1 The Mathematics of Portfolio Risk; title: 3.2 Risk Minimisation and the Two-Asset Portfolio; title: 3.3 The Minimum Variance of a Two-Asset Portfolio; title: 3.4 The Multi-Asset Portfolio; title: 3.5: The Optimum Portfolio; title: Summary and Conclusions; title: Selected References; title: 4. The Market Portfolio; title: Introduction; title: 4.1 The Market Portfolio and Tobin’s Theorem; title: 4.2 The CML and Quantitative Analyses; title: 4.3 Systematic and Unsystematic Risk; title: Summary and Conclusions; title: Selected References; title: Part III: Models of Capital Asset Pricing; title: 5. The Beta Factor; title: Introduction; title: 5.1 Beta, Systemic Risk and the Characteristic Line; title: 5.2 The Mathematical Derivation of Beta; title: 5.3 The Security Market Line; title: Summary and Conclusions; title: Selected References; title: 6. The Capital Asset Pricing Model (CAPM); title: Introduction; title: 6.1 The CAPM Assumptions; title: 6.2 The Mathematical Derivation of the CAPM; title: 6.3 The Relationship between the CAPM and SML; title: 6.4 Criticism of the CAPM; title: Summary and Conclusions; title: Selected References; title: 7. Capital Budgeting, Capital Structure and the CAPM; title: Introduction; title: 7.1 Capital Budgeting and the CAPM; title: 7.2 The Estimation of Project Betas; title: 7.3 Capital Gearing and the Beta Factor; title: 7.4 Capital Gearing and the CAPM; title: 7.5 Modigliani-Miller and the CAPM; title: Summary and Conclusions; title: Selected References; title: Part IV: Modern Portfolio Theory; title: 8. Arbitrage Pricing Theory and Beyond; title: Introduction; title: 8.1 Portfolio Theory and the CAPM; title: 8.2 Arbitrage Pricing Theory (APT); title: Summary and Conclusions; title: Selected References; title: Appendix for Chapter 1