KI-Beratung Beta

Produktbild: Stock Market Math
- 13%

Stock Market Math Essential formulas for selecting and managing stock and risk

13% sparen

42,99 € UVP 49,95 €

inkl. gesetzl. MwSt., Versandkostenfrei


Beschreibung

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

20.11.2017

Abbildungen

20 ill., 30 tbl.

Verlag

Walter de Gruyter

Seitenzahl

269

Maße (L/B/H)

24/17/1,6 cm

Gewicht

552 g

Auflage

1

Sprache

Englisch

ISBN

978-1-5015-1581-1

Beschreibung

Rezension

I am thankful Michael Thomsett was able to bring clarity and context to investment performance measurement. It's a foreign language to so many but vital to our ability to save and retire. A great read for anyone interested in the markets.

--Jakob Rohn, Co-founder, WorkN and Board Member, Delta Data

Michael Thomsett has done it again--simple, practical and actionable advice for anyone seeking to understand how the stock market works while limiting downside risk. An essential encyclopedia of market knowledge presented with simplicity. A "must read" reference for anyone interested in the stock market.

--Gary Lynch, CEO & Founder, The Risk Project, LLC

Score another winner for Michael Thomsett! In Stock Market Math the education guru is back, big time--providing us with the blueprints for success. With a writing style that is at once comprehensive, yet easy to understand, Thomsett's trademark ability to "make the complex simple" is on full display. Filled with wisdom, Thomsett's book tackles concepts that will appeal to investors at every level. Beginners will enjoy his breakdown of investment building blocks, while seasoned pros will appreciate his deeper dive into the material. Yet all will take something away from Thomsett's book--and that something is the ability to take higher and more consistent profits out of the stock market.

--Michael Stoppa, Author, The Options Alchemist

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

20.11.2017

Abbildungen

20 ill., 30 tbl.

Verlag

Walter de Gruyter

Seitenzahl

269

Maße (L/B/H)

24/17/1,6 cm

Gewicht

552 g

Auflage

1

Sprache

Englisch

ISBN

978-1-5015-1581-1

Herstelleradresse

deGruyter Boston
Genthiner Straße 13
10785 Berlin
DE

Email: productsafety@degruyterbrill.com

Noch keine Bewertungen vorhanden

Verfassen Sie die erste Bewertung zu diesem Artikel

Helfen Sie anderen Kundinnen und Kunden durch Ihre Meinung.

Kundinnen und Kunden meinen

Bewertungen (0)

Die Leseprobe wird geladen.
  • Produktbild: Stock Market Math
  • Chapter 1: Rates of Return on Investment: What Goes In, What Comes Out 1

    Judging the Outcome - What Did You Expect? 2

    The Basic Equation: Return on Cash Invested 4

    Calculating Option Trading Returns 10

    Taxes and Investment Return 13

    Conclusion 17

    Chapter 2: Returns on Capital: Putting Cash to Work 19

    Calculating Returns from the Corporate View 19

    Calculating Average Net Worth 22

    Net Worth Versus Total Capitalization 24

    Preferred Stock as Hybrid Capitalization 27

    The Importance of "Use of Capital" 31

    Conclusion 33

    Chapter 3: Leverage and Risk Analysis: Maximizing Other People's Money 35

    Calculating the Cost of Money 35

    Annualized Return 38

    Leverage-Based Risk-the P/E Ratio as a Way to Quantify 40

    Using Options as a Form of Leverage 44

    Conclusion 48

    Chapter 4: Long-Term Trends: Patience Rewarded 49

    A Realistic View: Long-Term Returns and Annual Rates 50

    Total Net Annualized Return 53

    Carryover Losses and Net Return 56

    Realistic Expectations: Inflation and Taxes 58

    Compound Return Calculations 60

    Other Cash Flow Trends 63

    Return Formulas 65

    Useful Return Shortcuts 70

    Estimating the Value of Deposits over Time 72

    Conclusion 76

    Chapter 5: Core Earnings and Net Worth Adjustments: Making the Numbers

    Real 77

    The Problem with Today's Accounting Rules 78

    Flaws in the GAAP System - a Passive Approach to Reporting 80

    Examples of Material Expenses 82

    Balance Sheet Problems - Inaccurate Valuation 84

    Recalculating the Key Ratios 85

    Recalculating Net Worth 89

    Finding Core Earnings - Comparative Analysis 92

    Conclusion 93

    Chapter 6: Fundamentals: Balance Sheet Tests You Need to Know 95

    The Nature of Fundamental Analysis 96

    Basics of the Balance Sheet 98

    Working Capital Tests 101

    Accounts Receivable Tests 105

    Inventory Tests 108

    Long-Term Asset Tests 110

    Capitalization 112

    Tangible and Total Book Value 116

    Chapter 7: Fundamentals: Operating Statement Tests You Need to Know 121

    The Basics of the Operating Statement 123

    Revenue Trends 128

    Earnings Trends 129

    Revenue Compared to Direct Costs and Expenses 131

    Conclusion 138

    Chapter 8: Market Trend Calculations 139

    Index Weighting 139

    Breadth of the Market 143

    Short Interest Ratio 146

    New Highs and New Lows 148

    Put/Call Ratio 151

    Mutual Fund Ratios 152

    Chapter 9: Price Indicators 159

    The Basics of Technical Analysis 159

    The Random Walk Hypothesis and the Efficient Market Theory 162

    Basic Price Calculations 165

    Chart Patterns and Interpretations 167

    Technical Tests of Market Sentiment 171

    Breadth of Trading 171

    Chapter 10: Volume Indicators 175

    Change in Volume 176

    On Balance Volume (OBV) 178

    Accumulation/Distribution (A/D) 180

    Money Flow Index (MFI) 183

    Large Block Ratio 186

    Conclusion 187

    Chapter 11: Momentum Oscillators and Moving Averages 189

    Overview, Momentum Oscillators 189

    Relative Strength Index (RSI) 192

    Moving Average Convergence Divergence (MACD) 195

    Stochastic Oscillator 197

    Moving Averages 199

    Bollinger Bands (BB) 201

    Conclusion 204

    Chapter 12: Combined Testing: Merging Price and Financial Tests 205

    Effective Use of Combined Analysis 206

    Valid Versus Invalid Forms of Testing 208

    Identifying Important Combined Tests 209

    Additional Price-Based Combined Tests 211

    The Oddities of Hybrid Analysis 215

    Appendix A Stock Market Formulas: Summarizing the Essentials 219

    Appendix B: Excel Program Entries: Automating the Formulas 247

    Index 267