Portfolio Management and the Capital Asset Pricing Model

Portfolio theory 3 lectures 01:35:43 Introduction This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. Portfolio theory Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios. Portfolio theory continued You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced. Portfolio theory 3 lectures 01:35:43 Introduction This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. Portfolio theory Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios. Portfolio theory continued You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced. Introduction This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. Introduction This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. Introduction This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. Introduction This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. This first video gives you an overview of how the Portfolio theory, the Capital Asset Pricing model and the Miller Modigliani model are derived and will be developed. Portfolio theory Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios. Portfolio theory Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios. Portfolio theory Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios. Portfolio theory Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios.Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios.Video 2 will teach you the theory and application of Portfolio theory. You will learn how to calculate portfolio return, the covariance and portfolio risk as measured by standard deviation. You will also learn how to construct an efficient frontier of investments as well as positive and negative correlated portfolios. Portfolio theory continued You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced. Portfolio theory continued You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced. Portfolio theory continued You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced. Portfolio theory continued You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced.You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced.You will learn how to construct the CML line from the risk-free rate to the efficient market. How to move up and down the CML as well as the meaning and the construction of indifference curves. CAPM is also introduced. Capital Asset Pricing Model and the Miller Modigliani theory 4 lectures 01:47:28 CAPM theory and application You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. CAPM and the Miller Modigliani model This lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model. - How to use CAPM for investment decisions for all equity companies and debt/equity financed companies - The relationship between the SML and WACC - De-levered beta (Project beta) - Limitations in using CAPM for investment appraisals CAPM and the Miller Modigliani model - continued This lecture is the continuation of the CAPM and MM model - Called Video 5 Part 2. Contents – see previous lecture description. Appendix This final video teaching brings together the Portfolio, CAPM and MM theory as a visual illustration using a graphical presentation. I will blend and bring together how one theory is developed and is carried through to the following theory until we get a full understanding of all 3. Capital Asset Pricing Model and the Miller Modigliani theory. 4 lectures 01:47:28 CAPM theory and application You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. CAPM and the Miller Modigliani model This lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model. - How to use CAPM for investment decisions for all equity companies and debt/equity financed companies - The relationship between the SML and WACC - De-levered beta (Project beta) - Limitations in using CAPM for investment appraisals CAPM and the Miller Modigliani model - continued This lecture is the continuation of the CAPM and MM model - Called Video 5 Part 2. Contents – see previous lecture description. Appendix This final video teaching brings together the Portfolio, CAPM and MM theory as a visual illustration using a graphical presentation. I will blend and bring together how one theory is developed and is carried through to the following theory until we get a full understanding of all 3. CAPM theory and application You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. CAPM theory and application You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. CAPM theory and application You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. CAPM theory and application You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. You will learn the CAPM assumptions and the development of the SML line from Portfolio theory. I will teach you how to calculate market beta using the co-variance and the correlation of an investment with the market. We will go through a comprehensive example that teaches you how to calculate all the components of CAPM and how to draw CAPM diagrams. CAPM and the Miller Modigliani model This lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model. - How to use CAPM for investment decisions for all equity companies and debt/equity financed companies - The relationship between the SML and WACC - De-levered beta (Project beta) - Limitations in using CAPM for investment appraisals CAPM and the Miller Modigliani model This lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model. - How to use CAPM for investment decisions for all equity companies and debt/equity financed companies - The relationship between the SML and WACC - De-levered beta (Project beta) - Limitations in using CAPM for investment appraisals CAPM and the Miller Modigliani model This lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model. - How to use CAPM for investment decisions for all equity companies and debt/equity financed companies - The relationship between the SML and WACC - De-levered beta (Project beta) - Limitations in using CAPM for investment appraisals CAPM and the Miller Modigliani model This lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model. - How to use CAPM for investment decisions for all equity companies and debt/equity financed companies - The relationship between the SML and WACC - De-levered beta (Project beta) - Limitations in using CAPM for investment appraisalsThis lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model. - How to use CAPM for investment decisions for all equity companies and debt/equity financed companies - The relationship between the SML and WACC - De-levered beta (Project beta) - Limitations in using CAPM for investment appraisalsThis lecture has been broken down to 2 videos of 30 minutes each. In this 2 part section you will learn the following – - How to move from Portfolio theory to CAPM to M & M model