For the past 12 weeks I had to do an investment simulation and from this I have to write a reflective essay of my findings. I have attached all my investment transactions and my planned investment strategy which can be found in the ppt. The whole detailed assessment description is attached as well.
Category: Investing and Financial markets
Instructions on Assessment:
To answer the questions below, you must choose one ‘Global Systemically Important Financial Institution’ to provide examples using their latest Annual and Pillar 3 reports. When answering both questions, you are required to demonstrate how the risks within each question interact.
1) In the context of the most recent international regulatory frameworks, critically evaluate the role of the bank’s asset-liability committees (ALCOs) in measuring and managing interest rate and liquidity risk. To support this, you are required to calculate and interpret appropriate measurement techniques.
2) Using literature and regulatory risk measurement requirements, evaluate your chosen bank’s operational risk management performance within the current challenging banking environment. In response, construct a fraud risk assessment framework using real world and future potential exposure examples.
Assessment structure guidelines are as follows:
· Your assignment can be in the form of a report, but you should not separate all the individual risks.
· Length maximum of 3000 words (with a +/- 10% tolerance level) must be stated.
· Font – Arial 12, the whole document being fully justified.
· Titles and headings should be in bold. Section headings should be numbered, e.g. 3.1.
· Quotations of more than two lines must be indented and in italics with the reference and page number stated. Shorter quotes should be in italics but do not need to be indented.
· Tables and figures should be inserted at an appropriate point in the text and should be easily readable.
· No large tables, except a detailed fraud risk framework.
· If you are attaching any appendices, please keep them to a minimum.
· Referencing must be APA 7th style.
Our essay is to answer questions 1.9, 3, 3.1, 3.2 and 3.3, regarding Bonds and Options, using tthe excels attached. You can find one excel for the Bond exercise, and another one for the options.
Read the above documents and the IPO book (e-copy available on Blackboard)
to answer the following questions. You may wish to use external
references/material from credible sources (such as financial press, journal
articles):
(i) An IPO marks a strategic milestone for a company.
(a) Explain the generic benefits and drawbacks of going public.
(b) What may have motivated Ferrari (Ticker symbol ‘RACE’) to go public?
(c) Why do you think Ferrari chose to list on New York Stock Exchange?
(d) What can you say about the primary and secondary shares sold in the
Ferrari IPO? (16 marks)
(ii) What is an IPO over-allotment (Greenshoe) option? Did Ferrari include such an
option in its IPO? (6 marks)
(iii) The underwriting investment bank takes on a central role in the IPO process.
(a) What are the key tasks executed by the underwriter?
(b) What are primary considerations when selecting an underwriter?
(c) Often, multiple underwriters are involved. In the case of Ferrari, a
syndicate of 7 underwriters was involved in the IPO. What are the main
motivations for syndication?
(d) How much compensation was paid to the underwriters of Ferrari? Do you
think it is comparable to the average compensation paid to underwriters in US
IPOs?
(e) What do you understand by ‘price-stabilization’ activities conducted by the
underwriter(s)? Do you think the underwriters were involved in pricestabilization of the Ferrari IPO? (25 marks)
(iv) Describe what happens during ‘book-building’ of an IPO. What price range was
used for book building of the Ferrari IPO? Why do you think Ferrari priced its offering
at the top end of the book-building range? (10 marks)
(v) Based on the information given in the case study and the IPO prospectus,
discuss the pricing of the Ferrari IPO. Would you have invested in Ferrari at this
price? (10 marks)
(vi) What are IPO lock-up agreements? Describe the lock-up agreement of the
Ferrari IPO. (5 marks)
(vii) The diagram below shows the performance of Ferrari shares from October 2015
to September 2019. The first day of public trading of RACE shares was 21 October
2015. Shares were sold in the IPO at an offer price of $52. More information on daily
share price movements is available in the Excel file (RACE shareprice).
Based on a visual examination of the chart above, how does the performance of the
Ferrari IPO compare with average IPO performance documented by past empirical
studies
i. in terms of the short term (1st trading day)?
ii. and over the longer term (4 years)?
Past studies have suggested several explanations for short-run underpricing and
long-run underperformance of IPOs. Discuss the ones which you think are relevant
to Ferrari’s case? (16 marks)
(viii) In the light of the main theories of capital structure, provide a discussion of the
evolution of the capital structure of Ferrari since its IPO. You will find the Annual
Report 2018 helpful in answering this question
Case write-up: Pick a current topic related to financial markets that is of interest
to you. Provide an overview of the topic including institutional details and a
summary of existing research. Identify one research question that would be
interesting to study and provide a structure on how you think you would address
the question (what type of analysis, source of data etc.) . Analysis using data will be
evaluated favorably. The paper shall not exceed 15 pages double spaced
(excluding tables and exhibits). Grading will be based on elements such as the
novelty of the research question, quality of the literature review, persuasiveness of
argument, and presentation – although these elements are not equally weighted.
Examples of topics and research questions (DO NOT USE THESE AND COME UP WITH YOUR OWN TOPICS AND RESEARCH QUESTION)
1. AI and InvestingL Use case for AI in investing. How will AI actually affect productivity and who are likely to be the winners and losers in the space.
2. ETFs: Are ETF returns purely an aggregation of the returns of the underlying consitutents or do ETFs drive the return of their consitutents? Effect of ETFs on financial markets
3. Power of WallStreetBets and Robinhood: What are the necessary and sufficient conditions for retail investors to create a run-up in stocks? what re the limits to their powers? Why are short sellers unable to correct inefficients? Suggest regulatory changes that could help improve efficiency. Is there a winsdom in cowed efftects
4. ESG investing: What is ESG investing? are there tradeoffs between ESG investing a stock returns? Shareholder vs. Stakeholder value
5. Crypto and Biotcoin: What is the intersic value of cryptocurrency? can they exist as a medium of exchange and what modifications will be needed
6. Inflation and interest rates: What is the effect of inflation and interest rates on equity makrets? Do they affect all firms the same? Role of equity duration.
please check my uploaded assignment instructions rubrics and guidelines read. then check my uploaded written assignment. please check fix rearrange re write where needed. please check to make sure all information is correct and true and fits the requirements.
High school students need to know about financial literacy because it helps them get ready for making choices about money as an adult; therefore financial education among teenagers forms the basis of their financial stability in the long run.
First of all, financial literacy is teaching students all they need to make good decisions with their money. What this means is that students should have a full understanding of different things like budgets, funds, investments and debts management so that when it comes to real life situations about finance then they can be well equipped thereby avoiding debts or even being involved in bad deals that may cost them a lot.
Also, financial education creates among students from an early age the consciousness of being financially responsible. The worth of money is one key thing taught by this program besides encouraging wise planning on how one can use limited resources available; little spending should thus become part of someone’s character if at all they want security when things become tough economically.
Moreover, given the fact that today people are exposed to various financial products and services whose terms are very complex; we need such kind of knowledge to protect us against frauds which we might not be aware of them. In other words while at school one will be taught how to scrutinize any given financial proposal until you get what it entails or if there is any hidden agenda behind its offer so that eventually nobody takes advantage over our property hence making sure we do not invest in something bound fail
In addition, it enables students take part in economic activities thereby improving their living standards through acquisition wealth creation skills This implies that even those learners who come from poor backgrounds can also have opportunity equalize themselves with others who are economically advantaged hence uplifting general welfare of different people while at the same time contributing positively towards national development.
To sum up the matter under discussion; it should be emphasized once again that financial literacy for high school students is very important because enables them make informed decisions about money matters; nurtures saving culture among young people besides protecting against exploitation in financial sector but also boosting economic participation and empowerment as well.
my market is single family homes in Houston Texas
Write up a “forecast” on the developer you chose for your market reports. Look for future developments, news, partnerships, or any content that relates to the developer.
i added my other market reports as a reference.
Each student will be given a short stock report prepared by a professional stock research provider and other data sources. You should prepare and deliver a presentation based on these reports and your own analysis using the databases for rio tinto company ltd. Your own analysis will be valuable and insightful. You are expected to start to prepare your slides and presentation as early as possible, i
The idea is that this is your own stock report and related data sources, and you are presenting it to investors. Your aim is to convincing investors to follow your investment recommendation (BUY, SELL, HOLD, etc.). You are required to use additional materials (check the recommended databases) outside the report to enhance the content of the presentation. You are expected to discuss some of the financials (such as data and ratios) and valuation, as well as some non-financial (such as business strategies) in your presentation as well as the industry.
Hello, so for the assignment I will share a word document it includes everything you need to know please go over it step by step and include everything. I have already chosen my company from Qatar stock exchange and the company is QNB and for my competitive comoany is Doha bank I have downloaded the financial analysis for that the income statement, balance sheet, cash flow and 2 ratios. For the assignment you need to do the 4 types of ratios to calculate which are: 1)profitability ratios 2) liquidity ratios 3) solvency ratios 4) investment ratios You will need to upload a word document report worth 2000 words and an excel sheet where the calculations are and graphs then you can upload the graphs on to word but I need both word and excel documents. Please avoid plagiarism Add table of content please and reference page (this is not included with the word count) As you can see on the word document there’s 5 steps include all please and don’t forget the ratios. The information on the assigment is under the document “AF4037- ASSESSMENT REPORT”
I have uploaded 2 examples of students work last year under the name “exemplary report 1 and 2” please look at it so you have kind of an idea how it should be.
I have also uploaded ooredoo excel sheet and Doha bank excel sheet, in these documents i got the financial statements from bloomberg please for the graphs and ratios do it all on the excel and then submit the excel sheets and word documents but for the graphs posts them on the word document and when theres a comparsion between both companies paste the graphs next to each other to show the comparsion
//one of my friends the tutor gave her a feedback for introduction she said:
Introduction:
Consider providing more information on the company profile (Workshop week -1), such as: location, year established, year listed, size, its market/audience, management, etc… [see Instruction (1) on “Assessment Brief”]
Suggest you add a short paragraph after introducing the company, on what is the purpose of the report. Also, you could mention who you will compare with.
Analysis:
In your ratio analysis, the 10 year analysis doesn’t clearly come across, other than on the graph. Furthermore, the possible reason or cause for any changes/differences in the results, need to be mentioned, as it is part of the analysis. See the Example Reports on blackboard, they may guide you on this.
Just a note, in your analysis, bear in mind the size of the companies. Your selected company is much larger than its peer company. And in cases where size could have an effect on the reason for certain performance, you could mention the possibility that the difference in size could have on it.//