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Stock Market Math Michael C. Thomsett

Stock Market Math By Michael C. Thomsett

Stock Market Math by Michael C. Thomsett


$59.99
Condition - Very Good
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Stock Market Math Summary

Stock Market Math: Essential formulas for selecting and managing stock and risk by Michael C. Thomsett

Stock Market Math shows you how to calculate return, leverage, risk, fundamental and technical analysis problems, price, volume, momentum and moving averages, including over 125 formulas and Excel programs for each, enabling readers to simply plug formulas into a spread sheet. This book is the definitive reference for all investors and traders. It introduces the many formulas and legends every investor needs, and explains their application through examples and narrative discussions providing the Excel spreadsheet programs for each. Readers can find instant answers to every calculation required to pick the best trades for your portfolio, quantify risk, evaluate leverage, and utilize the best technical indicators. Michael C. Thomsett is a market expert, author, speaker and coach. His many books include Mathematics of Options, Real Estate Investor's Pocket Calculator, and A Technical Approach to Trend Analysis. In Stock Market Math, the author advances the science of risk management and stock evaluation with more than 50 endnotes, 50 figures and tables, and a practical but thoughtful exploration of how investors and traders may best quantify their portfolio decisions.

About Michael C. Thomsett

Michael C. Thomsett, Business and investment writer

Table of Contents

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

Additional information

GOR013716952
9781501515811
1501515810
Stock Market Math: Essential formulas for selecting and managing stock and risk by Michael C. Thomsett
Used - Very Good
Paperback
De Gruyter
2017-11-20
283
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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