HIGH MODERATE LOW SECURITY. Speculative Stock Junk Bonds Collectibles. Blue Chip or Growth Stocks Real Estate Mutual Funds
|
|
- Melvyn Chandler
- 5 years ago
- Views:
Transcription
1
2 RETURN POTENTIAL $$$$ HIGH Speculative Stock Junk Bonds Collectibles $$$ $$ MODERATE LOW Blue Chip or Growth Stocks Real Estate Mutual Funds Corporate Bonds Preferred Stock Government Bonds $ SECURITY RISK POTENTIAL CD Pension Funds Savings Accounts
3 ONE SHARE To raise capital a company may choose to sell off pieces of ownership. COMMON STOCK There are often thousands of owners; each with an equal share. Each share gains one vote and rights to company assets.
4 ONE SHARE COMMON STOCK ANNUAL VOTE BOARD OF DIRECTORS Stockholders vote for the board of directors each year The board decides company direction, if dividends will be paid and hires executives. (i.e. CEO)
5 ONE SHARE COMMON STOCK VOTE BOARD OF DIRECTORS HIRE The Board of Directors hires executive management. The executive managers (CEO) run the business. Larry Page CEO - Google
6 Common Ownership Elect Board Dividends paid only if approved by board Last claim to assets Greatest profit potential Preferred Ownership No voting rights Guaranteed Dividend Higher claim to assets Lower profit potential
7 Stock Price SELL in the secondary market for capital gains. BUY LOW HOLD SELL HIGH $1.08 $1.06 $1.04 $1.02 $1.00 $0.98 $0.96 Dividend Per Share KEEP and earn a dividend when issued by the company. BUY HOLD EARN DIVIDENDS
8 1-12
9
10 Use these to compare companies. Company, Ticker Symbol, Market where traded CLOSE PRICE, Price change (% change) Final trade price yesterday. Opening trade price today. Lowest price people are bidding to buy Highest price owners are asking to sell Analyst s prediction for the year Range of trade prices today Range of trade prices last 52 weeks Number of shares traded today Average # of shares for past 3 months Total value of all shares Price/Earnings Ratio Earnings Per Share (profit per share) Annual dividend payment
11 Short term stock investing is risky.
12 Short term stock investing is risky.
13 Short term stock investing is risky.
14 Aug 2004 for $100, sold March 2013 for $800 Aug 2004 for $100,sold Nov 2009 for $260 Dec 2007 for $700,sold Nov 2009 for $260 Long term stock investing is better, but still has risk.
15 1. Relative strength of the company and industry compared to competition. 2. Present Value of expected future dividends. (using time value) 3. Price/Earnings Ratio
16 Influenced by: Earnings and sales growth Risk or Volatility Liabilities compared to Owners Equity Dividend policy Quality of management Market value per share Earnings per Share (EPS)
17 Current trade price on NYSE = $35 Earning Per Share = $1.50 (total of previous year) Market value per share Earnings per Share (EPS) $35 $1.50 = Compare to similar companies in same industry. Higher is usually better.
18 Video: Finance_IncomeStatement
19 REVENUE (Sales) Cost of Goods Sold Expenses Taxes Profit (or loss)
20 Dental Drilling Company Income Statement Sales $ 470,000 Cost of goods sold $ 140,000 Gross Profit $ 330,000 Selling and administrative expense $ 60,000 Depreciation expense $ 70,000 Operating Profit $ 200,000 Interest expense $ 40,000 Pre Tax Earnings $ 160,000 Taxes $ 45,000 NET INCOME $ 115,000
21 Dental Drilling Company Income Statement Sales $ 470,000 Cost of goods sold $ 140,000 Gross Profit $ 330,000 Selling and administrative expense $ 60,000 Depreciation expense $ 70,000 Operating Profit $ 200,000 Interest expense $ 40,000 Pre Tax Earnings $ 160,000 Taxes $ 45,000 NET INCOME $ 115,000 NUMBER OF SHARES (Stock) NET INCOME 10, , EARNINGS PER SHARE
22 Cost of Goods Sold = $114,000 Expenses 1) Advertising = $6,000 2) Salaries = $9,000 3) Rent = $5,000 Sales = $190,000 Interest payments = $800 Taxes = $ shares of stock outstanding Revenue (Sales) - Cost of Goods Sold = Gross Profit - Expenses = Operating Income - Interest Paid = Pre-tax Earnings - Taxes = Net Income Outstanding Stock = Earnings per share
23 Revenue (Sales) 190,000 - Cost of Goods Sold 114,000 = 76,000 Gross Profit - Expenses 20,000 = 56,000 Operating Income - Interest Paid 800 = 55,200 Pre-tax Earnings - Taxes 900 = 54,300 Net Income Outstanding Stock 5000 = Earnings per share
24 VIDEO: Finance_BalanceSheet
25 List of all my stuff Total Assets Portion of stuff that I still owe on Portion of stuff that can be claimed by its owners Total Liabilities + Owners Equity
26 SIMPLE VERSION OF A BALANCE SHEET DEBT ASSETS EQUITY
27
28 All publically traded companies must publish, at minimum, three financial reports. Income Statement Earnings (aka Profit and Loss) Balance Sheet Assets = Liabilities + Owners Equity Cash Flow Statement How much liquidity does the company have? 1-32
29 Get the stock quote and compare companies Use P/E Ratio, EPS and Dividend to compare SYMBOL COMPANY SYMBOL COMPANY A MMM AA AXP T 3M Company Alcoa Inc. American Express AT&T C IBM JNJ JPM MCD International Business Machines Johnson & Johnson JP Morgan Chase McDonald s BAC Bank of America MRK Merck BA CAT Boeing Caterpillar D MSFT PFE Microsoft Pfizer CVX Chevron PG Proctor & Gamble B CSCO DD Cisco DuPont KO TRV The Coca Cola Co Travelers Companies XOM Exxon Mobil UTX United Technologies C GE HPQ HD INTC General Electric Hewlett-Packard Home Depot Intel E UNH VZ WMT DIS United Health Group Verizon Communications Wal-Mart Walt Disney Co. 1-33
( The Gleason Report Performance of the TGR Timing Models with the Dow Stocks January 2015
(www.gleasonreport.com) The Gleason Report Performance of the TGR Timing Models with the Dow Stocks January 2015 The Gleason Report (TGR) market timing system uses many years of data to create a customized
More informationFINAL DISCLOSURE SUPPLEMENT Dated September 27, 2011 To the Disclosure Statement dated May 18, 2011
FINAL DISCLOSURE SUPPLEMENT Dated September 27, 2011 To the Disclosure Statement dated May 18, 2011 Union Bank, N.A. Market-Linked Certificates of Deposit, due October 1, 2018 (MLCD No. 167) Average Return
More informationFINAL DISCLOSURE SUPPLEMENT Dated January 26, 2011 To the Disclosure Statement dated December 6, 2010
FINAL DISCLOSURE SUPPLEMENT Dated January 26, 2011 To the Disclosure Statement dated December 6, 2010 Union Bank, N.A. Market-Linked Certificates of Deposit, due January 31, 2017 (MLCD No. 102) Average
More informationChapter Four. Stock Market Indexes
Chapter Four Stock Market Indexes New investors may be confused about marketplaces such as NYSE, AMEX or even NASDAQ (as a quotation system or market place) where securities are traded and indices such
More informationFINAL DISCLOSURE SUPPLEMENT Dated December 20, 2013 To the Disclosure Statement dated January 30, 2013
FINAL DISCLOSURE SUPPLEMENT Dated December 20, 2013 To the Disclosure Statement dated January 30, 2013 Union Bank, N.A. Market-Linked Certificates of Deposit, due December 26, 2019 (MLCD No. 328) Average
More informationFINAL DISCLOSURE SUPPLEMENT Dated December 27, 2010 To the Disclosure Statement dated November 10, 2010
FINAL DISCLOSURE SUPPLEMENT Dated December 27, 2010 To the Disclosure Statement dated November 10, 2010 Union Bank, N.A. Market-Linked Certificates of Deposit, due December 22, 2017 (MLCD No. 95) Capped
More informationInvestment funds 8/8/2017
Investment funds 8/8/2017 Outline for today Why funds? Types of funds Mutual funds fees and performance Active or passive management? /Michał Dzieliński, Stockholm Business School 2 Investment funds Pool
More informationFINAL DISCLOSURE SUPPLEMENT Dated November 25, 2013 To the Disclosure Statement dated January 30, 2013
FINAL DISCLOSURE SUPPLEMENT Dated November 25, 2013 To the Disclosure Statement dated January 30, 2013 Union Bank, N.A. Market-Linked Certificates of Deposit, due November 29, 2018 (MLCD No. 322) Capped
More informationManagement Report of Fund Performance
Management Report of Fund Performance 10AUG201217330279 The following is a report on the performance of Top 20 U.S. Dividend Trust (the Trust ) and contains financial highlights but does not contain the
More informationJanuary 3, Company ABC, Inc Main Street. Re: 25, In 2011, Company based to the. based 200% 150% 100% 50% 0% TSR $85.54 $44.
January 3, 2014 Mr. John Doe Director, Compensation Company ABC, Inc. 1234 Main Street New York, NY 10108 Re: Performance Award Certification FY2011 Performance Share Units Dear John, This letter certifies
More informationInvesting in the Stock Market
FINANCIAL MANAGEMENT II Investing in the Stock Market 2013 C.A.S.H. Program 1 INVESTING For the purposes of simplicity we will only discuss one aspect of Investing and that is Stock Market Investing. There
More informationBenjamin Graham Model. Valuation Guide for the Dow Jones Industrial Average (Third Quarter 2018)
Benjamin Graham Model Valuation Guide for the Dow Jones Industrial Average (Third Quarter 8) Disclaimers All information presented herein is intended as a guide and reference to serve as a source for better
More informationQ3 Individual Equity Holdings in the Advisor Perspectives Universe
Q3 Individual Equity Holdings in the Advisor Perspectives Universe This study analyzes the holdings of individual equities within the Advisor Perspectives (AP) Universe, as of the end of Q3 2007. A previous
More informationEARLY TO RISE: WHEN OPENING STOCK RETURNS ARE HIGHER THAN DAILY RETURNS?
EALY TO ISE: WHEN OPENING STOCK ETUNS AE HIGHE THAN DAILY ETUNS? KUDYAVTSEV Andrey The Max Stern Academic College of Emek Yezreel Israel Abstract: In present study I explore intraday behavior of stock
More informationInterim Management Report of Fund Performance
Interim Management Report of Fund Performance 10AUG201217330279 The following is an interim report on the performance of Top 20 U.S. Dividend Trust (the Trust ) and contains financial highlights but does
More informationNetwerk24 & Sanlam. itrade with a MILLION Competition. Terms and Conditions
Netwerk24 & Sanlam itrade with a MILLION Competition Challenge start and end date: Terms and Conditions 1. The challenge starts on Monday 3 September 2018 and ends on Friday 30 November 2018. Registration
More informationTHE IMPACT OF DIVIDEND TAX CUT ON STOCKS IN THE DOW
The Impact of Dividend Tax Cut On Stocks in the Dow THE IMPACT OF DIVIDEND TAX CUT ON STOCKS IN THE DOW Geungu Yu, Jackson State University ABSTRACT This paper examines pricing behavior of thirty stocks
More informationEthel Hart Mutual Endowment Fund Quarterly Investment Report September 30, 2016 Q1 FY2017. Office of the City Treasurer - City of Sacramento
Quarterly Investment Report September 30, 2016 Q1 FY2017 Office of the City Treasurer - City of Sacramento John Colville, Interim City Treasurer Q1 FY2017 INTRODUCTION In 1993, Ethel MacLeod Hart left
More informationSession 15, Flexible Probability Stress Testing. Moderator: Dan dibartolomeo. Presenter: Attilio Meucci, CFA, Ph.D.
Session 15, Flexible Probability Stress Testing Moderator: Dan dibartolomeo Presenter: Attilio Meucci, CFA, Ph.D. Attilio Meucci Entropy Pooling STUDY IT: www.symmys.com (white papers and code) DO IT:
More informationInterconnectedness as a measure of systemic risk potential in the S&P 500
Interconnectedness as a measure of systemic risk potential in the S&P 500 Naoise Metadjer & Dr. Srinivas Raghavendra Central Bank of Ireland*, National University of Ireland Galway naoise.metadjer@centralbank.ie
More informationSHAREHOLDER VALUE CREATORS AND DESTROYERS IN THE DOW JONES: YEAR 2008
Occasional Paper OP-162 February, 2009 SHAREHOLDER VALUE CREATORS AND DESTROYERS IN THE DOW JONES: YEAR 2008 Pablo Fernández Vicente J. Bermejo IESE Occasional Papers seek to present topics of general
More informationAre you a Blue Chip Advisor?
Are you a Blue Chip Advisor? We believe that the parallels abound between blue chip companies and the best-of-the-best advisors and, with that in mind, begin to examine the traits to emulate as your advisory
More informationBack-test showing the power of Price to Free Cash Flow in the Investment Process
Back-test showing the power of Price to Free Cash Flow in the Investment Process 1950-2009 By Peter George Psaras Mycroft Research LLC. The following is a backtest that will be used as a proof on just
More informationGet Started Workshop. How to Start Trading and Investing in the Stock Market
Get Started Workshop How to Start Trading and Investing in the Stock Market Legal By attending this workshop, you are agreeing to the following: You understand and acknowledge that Simply Put, LLC is not
More informationEthel Hart Mutual Endowment Fund Quarterly Investment Report September 30, 2017 Q1 FY2018. Office of the City Treasurer - City of Sacramento
Quarterly Investment Report Q1 FY2018 Office of the City Treasurer - City of Sacramento John Colville, City Treasurer Q1 FY2018 INTRODUCTION In 1993, Ethel MacLeod Hart left a bequest of $1,498,719.07
More informationIdentifying common dynamic features in stock returns
Identifying common dynamic features in stock returns Jorge Caiado and Nuno Crato CEMAPRE, Instituto Superior de Economia e Gestão, Technical University of Lisbon, Rua do Quelhas 6, 1200-781 Lisboa, Portugal.
More informationA Comparision of Three Network Portfolio Selection Methods Evidence from the Dow Jones
A Comparision of Three Network Portfolio Selection Methods Evidence from the Dow Jones arxiv:1512.01905v1 [q-fin.pm] 7 Dec 2015 Hannah Cheng Juan Zhan 1, William Rea 1, and Alethea Rea 2, 1. Department
More informationCROSSMARK STEWARD COVERED CALL INCOME FUND HOLDINGS August 31, 2018
CROSSMARKGLOBAL.COM STEWARD FUNDS Page 1 of 6 CROSSMARK STEWARD COVERED CALL INCOME FUND HOLDINGS August 31, 2018 The Crossmark Steward Covered Call Income Fund holds a portfolio of equity securities and
More informationDow Jones Industrial Average Report Card 2017 Year in Review
MARKET COMMENTARY CONTRIBUTOR Jamie Farmer Managing Director Index Data jamie.farmer@spglobal.com Dow Jones Industrial Average Report Card 2017 Year in Review AT A GLANCE Exhibit 1: DJIA 1-Year Performance
More informationCROSSMARK STEWARD COVERED CALL INCOME FUND HOLDINGS October 31, 2018
CROSSMARKGLOBAL.COM STEWARD FUNDS Page 1 of 6 CROSSMARK STEWARD COVERED CALL INCOME FUND HOLDINGS October 31, 2018 The Crossmark Steward Covered Call Income Fund holds a portfolio of equity securities
More informationIdentifying common dynamic features in stock returns
MPRA Munich Personal RePEc Archive Identifying common dynamic features in stock returns Jorge Caiado and Nuno Crato April 2009 Online at http://mpra.ub.uni-muenchen.de/15241/ MPRA Paper No. 15241, posted
More informationExplaining Excess Stock Return Through Options Market Sentiment
Explaining Excess Stock Return Through Options Market Sentiment The Honors Program Senior Capstone Project Student s Name: Michael Gough Faculty Sponsor: A. Can Inci April 2018 TABLE OF CONTENTS Abstract...
More informationTortoise daily report
9/11/2014 Tortoise daily report A collection of research and systems signals designed to provide a robust framework for developing daily trading plans that can support 3 different trading timeframes: intraday,
More informationMonthly Beta Forecasting with Low, Medium and High Frequency Stock Returns
Monthly Beta Forecasting with Low, Medium and High Frequency Stock Returns Tolga Cenesizoglu Department of Finance, HEC Montreal, Canada and CIRPEE Qianqiu Liu Shidler College of Business, University of
More informationβ = 1 DOES A BETTER JOB THAN CALCULATED BETAS
Working Paper WP-85 September, 9 β = DOES A BETTER JOB THAN CALCULATED BETAS Pablo Fernández Vicente J. Bermejo IESE Business School University of Navarra Av. Pearson, 834 Barcelona, Spain. Phone: (+34)
More informationAppendix A. Online Appendix
Appendix A. Online Appendix In this appendix, we present supplementary results for our methodology in which we allow loadings of characteristics on factors to vary over time. That is, we replace equation
More informationMarch 2012 White Paper. Annex to A Macro Examination of Financial Reporting in India
March 2012 White Paper Annex to A Macro Examination of Financial Reporting in India Reliance Infosys Tech ICICI Bank L I T C Ltd Housing Deve Larsen & Tou HDFC Bank Lt State Bank O TCS Ltd. ONGC Bharti
More informationBusiness Time Sampling Scheme with Applications to Testing Semi-martingale Hypothesis and Estimating Integrated Volatility
Business Time Sampling Scheme with Applications to Testing Semi-martingale Hypothesis and Estimating Integrated Volatility Yingjie Dong Business School, University of International Business and Economics,
More informationM E M O R A N D U M. RE: Options Specialist Shortfall Fee February 2009
Memo #2023-08 M E M O R A N D U M TO: FROM: Members and Member Organizations Tom Wittman, President DATE: December 2, 2008 RE: Options Specialist Shortfall Fee February 2009 As previously announced in
More informationCalculating Sustainable Cash Flow
800 West Peachtree Street NW Atlanta, GA 30332-0520 404-894-4395 http://www.mgt.gatech.edu/finlab Dr. Charles W. Mulford, Director Invesco Chair and Professor of Accounting charles.mulford@mgt.gatech.edu
More informationA version in Spanish may be downloaded in:
Are Calculated Betas Good for Anything? Pablo Fernandez, Professor of Finance e-mail: fernandezpa@iese.edu and pfernandez@iese.edu Camino del Cerro del Aguila 3. 28023 Madrid, Spain Previous versions:
More informationThe Effect of Demographic Dividend on CEO Compensation
The Effect of Demographic Dividend on CEO Compensation Yi-Cheng Shih Assistant Professor, Department of Finance and Cooperative Management, College of Business,National Taipei University, Taipei, Taiwan
More informationCalculating Sustainable Cash Flow
800 West Peachtree Street NW Atlanta, GA 30332-0520 404-894-4395 http://www.dupree.gatech.edu/finlab Dr. Charles W. Mulford, Director Invesco Chair and Professor of Accounting charles.mulford@mgt.gatech.edu
More informationS&P 500 Buybacks Fall 17.5% Year-over-Year to $133.1 Billion for Q1 2017
S&P 500 Buybacks Fall 17.5% Year-over-Year to $133.1 Billion for Q1 2017 Q1 2017 repurchases is 1.6% less than Q4 2016 and 17.5% less than Q1 2016 EPS support via share count reduction significantly declines
More informationInvestor Presentation
Investor Presentation Disclosures INVESTMENTS ARE NOT FDIC INSURED INVESTMENTS DO NOT HAVE BANK GUARANTEE INVESTMENTS MAY LOSE VALUE INCLUDING PRINCIPAL Securities offered in the Innovation Index Fund,
More informationChapter 1 The Investment Environment: Markets & Securities
Chapter 1 The Investment Environment: Markets & Securities Capitalism Modern capitalism is an economic system based on the mobility of money and financial capital. In short, market economies depend on
More informationLGIP Sell Side Observations And Building Processes
Institutional Fixed Income Sales - Trading Strategy - Analytics LGIP Sell Side Observations And Building Processes Mark Lewis General Securities Principal Fixed Income Sales & Trading Mutual Securities,
More informationMaximizing of Portfolio Performance
Maximizing of Portfolio Performance PEKÁR Juraj, BREZINA Ivan, ČIČKOVÁ Zuzana Department of Operations Research and Econometrics, University of Economics, Bratislava, Slovakia Outline Problem of portfolio
More informationThe Case for A Rated Issuers
The Case for A Rated Issuers August 31, 2012 PFM Asset Management LLC One Keystone Plaza, Suite 300 N. Front & Market Sts Harrisburg, PA 17101 (717) 232-2723 Contents Tab I Overview of the Corporate Market
More informationUS Mega Cap. Higher Returns, Lower Risk than the Market. The Case for Mega Cap Stocks
US Mega Cap Higher Returns, Lower Risk than the Market There are many ways in which investors can get exposure to the broad market, but, surprisingly, there are few ways in which investors can get pure
More informationUOB Structured Deposit TOP Deposit (USD)
Matured on 22 January 2010 Initial Reference Price Observation Date(5), 15 Janaury 2010 DJ Global Titans 50 DJGT 202.67 175.89-13.2136% Exxon Mobil Corporation XOM UN USD 61.54 69.11 12.3009% General Electric
More informationBOX Penny Pilot Report: Penny Pilot Report 7
BOX Penny Pilot Report: Penny Pilot Report 7 Table of Contents Chapter 1- Overview and Summary 1.1 Purpose and Scope.. 3 1.2 Summary.. 5 Chapter 2- Quality of Markets 2.1 Best Bid/Ask Spread... 7 2.2 Bid/Ask
More informationThe Dividend Growth Story. December 2011
The Dividend Growth Story December 2011 Canadian Equity Model Portfolio Canadian Equity Model Portfolio (As of December 31st 2011): Dividend Yield: 3.41% Dividend Growth Rate: One Year: +4.5% Five Years:
More informationBOX Penny Pilot Report: Penny Pilot Report 4
BOX Penny Pilot Report: Penny Pilot Report 4 Table of Contents Chapter 1- Overview and Summary 1.1 Purpose and Scope.. 3 1.2 Summary.. 5 Chapter 2- Quality of Markets 2.1 Best Bid/Ask Spread... 7 2.2 Bid/Ask
More informationTortoise daily report
4/17/2017 Tortoise daily report A collection of research and systems signals designed to provide a robust framework for developing daily trading plans that can support 3 different trading timeframes: intraday,
More informationBOX Penny Pilot Report: Penny Pilot Report 5
BOX Penny Pilot Report: Penny Pilot Report 5 Table of Contents Chapter 1- Overview and Summary 1.1 Purpose and Scope.. 3 1.2 Summary.. 5 Chapter 2- Quality of Markets 2.1 Best Bid/Ask Spread... 7 2.2 Bid/Ask
More informationWorking Paper. WP No 555 April, 2004 ARE CALCULATED BETAS GOOD FOR ANYTHING? Pablo Fernández *
CIIF Working Paper WP No 555 April, 2004 ARE CALCULATED BETAS GOOD FOR ANYTHING? Pablo Fernández * * Professor of Financial Management, PricewaterhouseCoopers Chair of Finance, IESE IESE Business School
More informationRate Builder CDs with 5 and 7 Year Maturities Linked to Large Cap U.S. Equities
Rate Builder CDs with 5 and 7 Year Maturities Linked to Large Cap U.S. Equities Overview The Rate Builder CDs provide depositors with annual interest at a rate based on the number of Reference Securities
More informationS&P 500 Buybacks Total $135.3 Billion for Q4 2016, Decline for Full-Year 2016
S&P 500 Buybacks Total $135.3 Billion for Q4 2016, Decline for Full-Year 2016 Q4 2016 repurchases 20.6% higher than Q3 2016, but 7.3% lower than Q4 2015 Full-year 2016 expenditures down 6.3% from 2015
More informationMidterm Project for Statistical Methods in Finance LiulingDu and ld2742 New York,
Midterm Project for Statistical Methods in Finance LiulingDu and ld2742 New York, 2017-06-21 Contents 0.1 Load the APPL and calculate the percentage log-returns..................... 2 0.2 Read the tickers
More informationTrading Market Reversals: Proven Seasonality and Pivot Trading Tactics. John Person, CTA
Trading Market Reversals: Proven Seasonality and Pivot Trading Tactics John Person, CTA Profiting From Seasonality & Consensus Studies Copyright @ 1999-2010 by John L Person III, N. Palm Beach, FL 33408.
More informationQ1-FY2014. Quarterly Investment Report. Ethel Hart Mutual Endowment Fund. September 30, 2013
www.cityofsacramento.org/treasurer/ Russell Fehr, City Treasurer Quarterly Investment Report September 30, 2013 Q1-FY2014 INTRODUCTION In 1993, Ethel MacLeod Hart left a bequest of $1,498,719.07 to the
More informationNORTH AMERICAN DIVIDEND GROWTH PORTFOLIO
2017 DIVIDEND INCREASES Telus Corp. 1.97 0.13 1.84 7.07% Enbridge Inc. 2.41 0.29 2.12 13.68% Fortis Inc. 1.63 0.10 1.53 6.56% Royal Bank of Canada 3.48 0.24 3.24 7.41% Manulife Financial Corp. 0.82 0.08
More informationSample Equity Attribution Summary PDF
Sample Equity Attribution Summary PDF Date Calculated Printed Date 8/9/2011 8/9/2011 1 Highlights 2 Attribution/Contribution 6 Statistics 8 Holdings Page 1 of 9 Calculated: 8/9/2011 Printed: 8/9/2011 Highlights
More informationAssessing the Effects of Earnings Surprise on Returns and Volatility with High Frequency Data
Assessing the Effects of Earnings Surprise on Returns and Volatility with High Frequency Data Sam Lim Professor George Tauchen, Faculty Advisor Fall 2009 Duke University is a community dedicated to scholarship,
More informationA Markov-Switching Multi-Fractal Inter-Trade Duration Model, with Application to U.S. Equities
A Markov-Switching Multi-Fractal Inter-Trade Duration Model, with Application to U.S. Equities Fei Chen (HUST) Francis X. Diebold (UPenn) Frank Schorfheide (UPenn) December 14, 2012 1 / 39 Big Data Are
More informationBMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA) (the ETF )
SEMI-ANNUAL MANAGEMENT REPORT OF FUND PERFORMANCE BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA) (the ETF ) For the six-month period ended June 30, 2017 (the Period ) Manager: BMO
More informationINVESTIGATION OF STOCHASTIC PAIRS TRADING STRATEGIES UNDER DIFFERENT VOLATILITY REGIMESmanc_
The Manchester School 114 134 Supplement 2010 doi: 10.1111/j.1467-9957.2010.02204.x INVESTIGATION OF STOCHASTIC PAIRS TRADING STRATEGIES UNDER DIFFERENT VOLATILITY REGIMESmanc_2204 114..134 by SAYAT R.
More informationTortoise daily report
3/5/2018 Tortoise daily report A collection of research and systems signals designed to provide a robust framework for developing daily trading plans that can support 3 different trading timeframes: intraday,
More informationCHAPTER 9 The Cost of Capital
9-1 9-2 CHAPTER 9 The Cost of Capital Cost of Capital Components Debt Preferred Common Equity WACC What types of long-term capital do firms use? Long-term debt Preferred stock Common equity Capital components
More informationfinancial DiScloSure report
Filing ID #10005686 financial DiScloSure report Clerk of the House of Representatives Legislative Resource Center 135 Cannon Building Washington, DC 20515 filer information name: Status: State/District:
More informationA Monte Carlo Study on the Persistence of Variance with Garch
Utah State University DigitalCommons@USU All Graduate Plan B and other Reports Graduate Studies 5-2016 A Monte Carlo Study on the Persistence of Variance with Garch Aristides Romero Moreno Utah State University
More informationThe 100 Largest U.S Corporations, 2010
The 100 Largest U.S s, 2010 ('10) ('10) 3M 97 $26,662,000,000 $39,086,960 72 10 11 2 Bermuda 1 Luxembourg 3 Singapore 4 Switzerland 2 Abbott Laboratories 69 $35,166,700,000 $73,593,104 289 121 71 35 Bahamas
More informationBANK OF MONTREAL U.S. EQUITY BLUE CHIP GROWTH PROTECTED DEPOSIT NOTES, SERIES 4 (USD)
INFORMATION STATEMENT DATED APRIL 14, 2014 This Information Statement has been prepared solely for assisting prospective purchasers in making an investment decision with respect to the Deposit Notes. This
More informationWhy It Is OK to Use the HAR-RV(1,5,21) Model
Why It Is OK to Use the HAR-RV(1,5,21) Model Mihaela Craioveanu University of Central Missouri Eric Hillebrand Aarhus University August 31, 2012 Abstract The lag structure (1,5,21) is most commonly used
More informationDigital Contingent Coupon Certificates of Deposit Linked to an Equally Weighted Basket of 10 Reference Stocks due October 31, 2024
October 3, 217 JPMorgan Chase Bank, National Association Structured Investments Digital Contingent Coupon Certificates of Deposit Linked to an Equally Weighted Basket of 1 Reference Stocks due October
More informationShort-Answer. Problems from Chapter 11. Use the following information to answer questions 1 through 3
Short-Answer Use the following information to answer questions 1 through 3 You estimate that the expected return on Ford is 8% and on Sotheby s is 1%. You also estimate that the standard deviation of returns
More informationfinancial DiScloSure report
Filing ID #10021806 financial DiScloSure report Clerk of the House of Representatives Legislative Resource Center 135 Cannon Building Washington, DC 20515 filer information name: Status: State/District:
More informationTurning stocks into bonds using options
Cross-Product Research Turning stocks into bonds using options The search for yield is strong and rational The search for yield is stronger than ever as exhibited by the flows into bond funds, the rapid
More informationINVESTMENT PORTFOLIO SUMMARY REPORT
INVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA COUNTY BOARD OF COUNTY COMMISSIONERS INVESTMENT PORTFOLIO SUMMARY REPORT Prepared by: Pam Childers Clerk of the Circuit Court & Comptroller First Judicial Circuit,
More informationDIVIDEND STRATEGY SERIES:
DIVIDEND STRATEGY SERIES: The Power of Dividend Investing Q1 2019 60 State Street Boston, MA 02109 info@oshares.com // THE POWER OF DIVIDEND INVESTING Dividends 04 The Most Powerful Force in the Universe?
More informationSure Dividend HIGH QUALITY DIVIDEND STOCKS, LONG-TERM PLAN
Sure Dividend HIGH QUALITY DIVIDEND STOCKS, LONG-TERM PLAN January 2016 Model Portfolio By Ben Reynolds 2 20 Stock Model Portfolio The 20 Stock Model Portfolio weights the Top 20 high quality dividend
More informationHow the Stock Market Works
How the Stock Market Works Three Exchanges The term Stock Market applies to three different exchanges where stocks are bought and sold. They are: The New York Stock Exchange (NYSE) NASDAQ (National Association
More informationINVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA
############### Prepared by: Pam Childers Clerk of the Circuit Court & Comptroller First Judicial Circuit, Escambia County Prepared by the Clerk of the Circuit Court and Comptroller Page 1 INVESTMENT PORTFOLIO
More informationWhy Learn About Stocks The stock market is the core of America s economic system
Financial Literacy What Are Stocks Why Learn About Stocks The stock market is the core of America s economic system Stock is a share of ownership in the assets and earnings of a company Bond is a type
More informationTechnical Review of Stocks
Update 1 March 2017 CIO Wealth Management Research Peter Lee, Chief Technical Analyst, peter.lee@ubs.com, +1-212-713-8888, ext.01 This report provides technical analysis on stocks that, we believe, are
More informationPotential Costs of Weakening the Trade-through Rule
Potential Costs of Weakening the Trade-through Rule New York Stock Exchange Research February 2004 Editor s Note: The trade-through rule, which ensures that America s 85 million investors can get the best
More informationINVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA
INVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA COUNTY BOARD OF COUNTY COMMISSIONERS INVESTMENT PORTFOLIO SUMMARY REPORT ############### Prepared by: Pam Childers Clerk of the Circuit Court & Comptroller
More informationINVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA
INVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA COUNTY BOARD OF COUNTY COMMISSIONERS INVESTMENT PORTFOLIO SUMMARY REPORT ############### Prepared by: Pam Childers Clerk of the Circuit Court & Comptroller
More informationBMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA) (the ETF )
ANNUAL MANAGEMENT REPORT OF FUND PERFORMANCE BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA) (the ETF ) For the 12-month period ended December 31, 2017 (the Period ) Manager: BMO
More informationINVESTMENT PORTFOLIO SUMMARY REPORT
INVESTMENT PORTFOLIO SUMMARY REPORT ESCAMBIA COUNTY BOARD OF COUNTY COMMISSIONERS INVESTMENT PORTFOLIO SUMMARY REPORT ############### Prepared by: Pam Childers Clerk of the Circuit Court & Comptroller
More informationMARKET LINKED CERTIFICATES OF DEPOSIT (MLCDs) FDIC Insured and Principal Protected + The Potential for Real Interest
MARKET LINKED CERTIFICATES OF DEPOSIT (MLCDs) FDIC Insured and Principal Protected + The for Real FEBRUARY 2014 INTRODUCTION MLCDs were developed by Chase Bank in 1987, and offer the potential for enhanced
More informationACCOUNTS & LOTS USD USD 100 (hundred US dollars) EUR EUR 100 (hundred euro) BGN BGN 200 (two hundred Bulgarian levs) TRADE INSTRUMENTS FIXED SPREAD
ACCOUNTS & LOTS USD USD 100 (hundred US dollars) EUR EUR 100 (hundred euro) BGN BGN 200 (two hundred Bulgarian levs) Base Currency of the Account Minimum Amount to Open an Account 0.01 lot 10 lots 100
More informationTechnical Review of Stocks
Update 1 March 2018 CIO Wealth Management Research Peter Lee, Chief Technical Analyst, peter.lee@ubs.com, +1-212-713-8888, ext.01 This report provides technical analysis on stocks that, we believe, are
More informationRBC Capital Markets Corporation
Pricing Supplement to the Prospectus dated January 5, 2007 and the Prospectus Supplement dated January 5, 2007 US$729,000 Royal Bank of Canada Principal Protected Notes, due January 30, 2009 Linked to
More informationTHE BERMAN VALUE FOLIO
THE BERMAN VALUE FOLIO A Trefis Interactive Portfolio Report October 2013 Any Value in Discarded Dow Names? CONTENTS Any Value in Discarded Dow Names? Bank of America: Stress- Testing Net Interest Margins
More informationSan Mateo County. Investment Portfolio Compliance Report. February 29, 2016
San Mateo County Investment Portfolio Compliance Report February 29, 2016 PFM Asset Management LLC 50 California Street, Suite 2300 San Francisco, CA 94111 415-982-5544 www.pfm.com Compliance Requirements
More informationwhat s INSIDE SECTOR ANALYSIS CONSTITUENT ANALYSIS DISTRIBUTION ANALYSIS PERFORMANCE as of 6/30/16 3 Month Total Returns
SDOG Quarterly Scorecard 2nd Quarter 2016 what s INSIDE ETF Stats Ticker: Underlying Index: Listing Exchange: SDOG SDOGXTR NYSE Arca CUSIP: 00162Q 858 Fund Inception: 6/29/12 Dividends Paid: Quarterly
More informationSan Mateo County. Investment Portfolio Compliance Report. January 31, 2016
San Mateo County Investment Portfolio Compliance Report January 31, 2016 PFM Asset Management LLC 50 California Street, Suite 2300 San Francisco, CA 94111 415-982-5544 www.pfm.com Compliance Requirements
More informationBuying Winners while Holding on to Losers: an Experimental Study of Investors Behavior. Abstract
Buying Winners while Holding on to Losers: an Experimental Study of Investors Behavior Anna Dodonova University of Ottawa Yuri Khoroshilov University of Ottawa Abstract This paper presents the results
More information