PDF-X Market Excess Return

4 2 0 2 4 2 1 0 1 2 3 4 5 x y 002 001 000 001 002 004 002 000 001 002 003 XOM Y Stock Excess Return 5 10 15 20 25 30 00 02 04 06 08 10 ecdfx x Fnx 5 10 15 20 25. Portfolio Risk and Return: Part II. Presenter. Venue. Date. Formulas for Portfolio Risk and Return. EXHIBIT 6-1 Portfolio Risk and Return . Portfolio of Risk-Free and Risky Assets. Optimal Risky Portfolio. (chapter 8). Investment. returns. The rate of return on an investment can be calculated as follows:. . (Amount received – Amount invested). . Return =. . ________________________. . The single-index model. Estimating the single-index model. Topic 3 (Ch. 8) . Index Models. 2. The success of a portfolio selection rule depends on the quality of the input list (i.e. the estimates of expected security returns and the covariance matrix). . The Capital Asset Pricing Model (CAPM). The CAPM . . The market portfolio. . . . The capital market line. .  The risk premium on the market portfolio.  . Expected returns on individual securities. Corporate Finance. Presented by Dimitar Todorov. Capital Market Line. Capital market line (CML) shows graphically the relationship between risk measured by standard deviation and return of portfolios consisting of risk-free asset and market portfolio in all possible proportions.. Jim Hsieh (George Mason). Dolly King (UNC Charlotte). NTU, 12/10/2010. Two Different Types of Block . Share Acquisitions. Block Trades. Blockholders purchase . shares . from other shareholders in the market.. (Continuity Capital Partners). And . Frank Li . (University of Western Australia). PRIVATE . DEBT . & Methodological . Issues on Indexing. 1. Learning Objectives. 2. Topics:. What is private debt?. By. Cheng Few Lee. Joseph . Finnerty. John Lee. Alice C Lee. Donald . Wort. Chapter . Outline. 7.1 RISK . CLASSIFICATION AND MEASUREMENT. 7.1.1 . Call Risk. 7.1.2 . Convertible Risk. 7.1.3 . Default Risk. Lecture 2. Risk /Return. Return = r = Discount rate = Cost of Capital (COC). r is determined by risk. Two Extremes. Treasury Notes are risk free = Return is low. Junk Bonds are high risk = Return is high. Larry Schrenk, Instructor. Video 17 (Topic 3.7):. The Fama-French Model. Topics. Multi-Factor Models. Fama-French Model. Pros and Cons. Multi-Factor Models. CAPM: One Factor Model. Market Risk. Other Possible Factors. 2016. Allan Emkin . | . John Burns, CFA . PCA 2016 . Capital Market Assumptions . Today’s discussion. Capital market assumptions . Background. Developing Capital market returns . Summary of proposed 2016 Capital Market Assumptions . Module 5.4. Equilibrium risk pricing. Modules 2 and 3 largely followed the work of Markowitz.. Module 4 follows the work of Sharpe. . Sharpe was going after a “holy grail” of finance. He was trying to figure out how to identify over-priced and . by Philip H. . Dybvig. and Stephen A. Ross. Presented by Jane Zhao. Motivation. The . Sharpe ratio and Jensen's alpha are two measures that are commonly used in practice to evaluate portfolio . managers.. Return & Risk. Chapter 10. 1. Topics. Calculate 1 Period Returns. Five Important Types of Financial Investments. Risk-Free Investment. What We Can Learn From Capital Market History. Using Past To Predict Future.