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endobj Let us look at these steps below. <> endobj Equity research is all about finding the valuation of a listed company (Listed companies trade on a stock exchange like NYSE or NASDAQ etc; Once you have the company under consideration, you look at the economic aspects like GDP, growth rates, the market size of the industry and the competition aspects, etc. endobj 13 0 obj �g��la���V (�; 2 0 obj Equity Research explanation is quite simple. x��Z[o�6~����Q�"EQTQ��i���n�x�E1˶��8c�]��s! Get in-depth information on positions, margin and your overall holdings with our equity research reports.
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endobj <> endobj 10 0 obj In either case, there is a need to gather and analyze information
��>v뮱���3�����0�u�#�4#�G%3���>�ij�x}y���+�q��:;b�]�>u�:?6����N�U!�S����h�@����� E�N�! ����Y�ɜ\��� �>G/A��l]ϙ���7�n#Z>��T:�A7!�8R��XRB���\�%�M �q��8�:O���d�����+��� �ǝ�&nJ�1�e.f�s�RԲ/r8�bT���z�c&B�We��1�4`kOc���3O�#� ���v�q�!�=��@(�ᕟ��'��!���J��q!7<�f���8���I���p�%8���緛�F����B��fg����G 0X��� �:?D�S Vy��ǰq���� <> 16 0 obj endobj <> Common Equity Analysis 1) Growth Growth in Sales and Net Income Growth in Earnings per Share = annual % increase in EPS 2) Value Price Earnings Ratio = Price per share / EPS 3) Profitability Profit Margins, Net Income, EBIT and EBITDA Return on Assets, Equity and Capital 4) Risk Beta technical analysis of equity securities. endobj )R7O[�I���߹�I��:��z�L$9�+�ʬԉ6EV��b��Y�\㟟�?��J�_���>��#�ᨊ��VyV�h�g�X�7�\ݧg������?�:=�V{������5w��)77�=���]�� �L��s���Jq�R&��D�Rd�4R�������L8miɻfn��Ȅ��M$�"�b��̒֙�1��9ZQ�D��+�I����@�"^�Z �\ƴ�֪��:Q���Ā�=����.y�?_�K���9��^��R�� !U���DZ#3u"�BTY%N�-�,�'�����7�����b�r��`$P�� aF���h��*3tM�-U=7�Й�p��"LQ�`c��7�^'��{L.�^��!�m�4�� *�aQU�� ��I���gW�L�Q���Qr��"�M���JN �W�ۓ�*����Cة�� IJpMФ�\DϋR�QY�"��oj�Z����Kժ�n�k\������LZc((V[xx���kK?Q��zߦ�Hq|�I�Xm* ��o�4��z�!�|I�Y%��%��@���߆8}E!� I��B��* S�|���"��4��!F���3`[ɬR����VO�Y�:��h�j�6�[��(��}�1�`f��f�4�QML_@�+��c���!R���� eN��R����_1�'E�X/$ For effective monitoring and analysis of the market potential, forecasting equity Equity Basics: Introduction. <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 516 728.52] /Contents 16 0 R/Group<>/Tabs/S/StructParents 1>> m�ޓ����cU�|G�taG����i�8�=#�؊�t��B99a���*yX�9ϸ��{��d"� ���kt�9>�a}Jcz�Y�Y,�ʪ��2q�Q�� �.
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<> STOCK MARKET ANALYSIS & RESEARCH REPORTS. X���D��!��yh!�)�j����hpB;_**����ۡEޏ��&z�J�p�� >̚d/� ��ŗVeZ,X$O��w����l�9w"��/�b��C o�� �F^�UU�
endobj Credit analysis incorporates a creditor’s (such as a banker or bond - holder) perspective. Definition of Valuation 1. 6 0 obj (P'x. Equity. 1 0 obj
<> endstream 8 0 obj This demand coupled with advances in trading technology has opened up the markets so that nowadays nearly anybody can own equity. �2`(�]��i^Z� c�qG�c�:퉒��a�0s�k\{�Y�q�/�q��6�͋se�C������q�w�e��6���~[ 88_]F9Y.B�#+�Ztu���Φ%�ɱ��8��6�gk 5 0 obj
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<> Sometimes we can observe a market value for a security and we are interested in assessing whether it is over or under valued (e.g., stock analysis); <> j4i�~�s����b�Ĥ���\��X�~7T�[���
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15 0 obj <> 4 0 obj x��Z�o���n��?�:����l'6�6�� �1˿���?�N�5�+#�^�Asg��f��#d�}��'OYO�1���L��mg8T�~73�99,�:I9_>���S�˚Pf:+����Rp@DK��R��D�I�孍 �F�P���&�/9�:�c����N���Fi=�ً~"S"�=�2�4@�3�Px�K%B)���g�̡s�3��$��K*��sw�N�.�s1@^$�n������7�f�H��ql* p�X�f�Y���?4���#��]*s� A�&OޒT�tJW�b��n1�)�6^g��n� {bR�^b���RI�h�|tp�D�}���'7ӽKwm7{�����`i'�s����&� �OW��0"�M���l�w�?�=c��F �L��1�u�V�HY�P9���^�N�2���
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endobj Foundations of Finance: Equity Valuation 4 B. Research: Fundamental and Technical Analysis Dr. Sreemoyee Guha Roy Assistant Professor, Accounting and Finance, St. Xavier’s College (Autonomous), Kolkata, India Abstract: The prominent nature of capital market instruments forces investors to depend strongly on fundamental factors in their investment decisions.
Valuation is the art/science of determining what a security or asset is worth 2.
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Over the last few decades, the average person's interest in the equity market has grown exponentially.
<>>> The existence of many methods is the result of presence of fundamentalist and technocratic approaches to the evaluation of equity securities. Equity analysis incorporates an owner’s perspective, either for valuation or perfor - mance evaluation. %PDF-1.5
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endobj Equity Market: The market in which shares are issued and traded, either through exchanges or over-the-counter markets .
endobj With real-time and consolidated views, these reports are simple to understand and easy to access.
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