Learning To Invest A New Frontier

The purpose of this paper is to introduce a new and innovative course in the field of Finance, promoting the notion of “hands-on” instruction through the management of real-dollars. This course solely focuses on the management of such a Student Managed Fund (SMF). Employing a seminar setting on the undergraduate level, while using the latest security analysis technology, students take part in every aspect of fund management. From the initial stages of forming an investment strategy, to the later stages of portfolio reallocation, students are grounded in reality. This paper will illustrate the objectives set forth by the professor(s) and the methods used by the students to accomplish said goals. The focus will be on the differences in risk preferences and actions due to the management of real money versus simulated “play money,” as well as the benefits garnered from such a course. In conjunction with the introduction of this new course, this research will formulate the methodology behind the use of a real-time financial analysis platform, such as SDS MarketWatch, to create and manage a portfolio. Lastly, the benefits of using such a real-time financial analysis platform will be made evident.

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Departmental stores in India: financial performance analysis

Emerald Emerging Markets Case Studies ◽

10.1108/eemcs-04-2020-0100 ◽

2021 ◽

Vol 11 (3) ◽

pp. 1-28

Author(s):

Rohit Bansal ◽

Sanjay Kumar Kar

Keyword(s):

Portfolio Management ◽

Financial Analysis ◽

Security Analysis ◽

Institutional Investor ◽

Financial Statements ◽

Investment Strategy ◽

Market Risk ◽

Content Type ◽

Financial Ratio ◽

Dupont Analysis

Learning outcomes After completion of the case, students will be able to understand the following: how to understand financial statements, income statements and cash-flow statements with the help of ratios; understand the concept of shareholding pattern along with different entities, namely, non-promoters, foreign institutional investor, domestic institutional investor and others; financial ratio analysis with traditional DuPont and extended DuPont analysis; understand the differences between comparable firms; how to analysis return, risk, covariance, correlation, market risk and capital assets pricing model (CAPM) and how to suggest an appropriate investment strategy. Case overview/synopsis The case presents company background and financial statements of four companies listed under departmental stores in India, namely, Vmart retail, V2 retail, Avenue Supermarts (known as DMart) and future retail. Students are asked to determine, which company is performing better to make a recommendation for investment. Students learn the tools of financial ratio i.e. profitability, efficiency, liquidity and market-based ratio along with the traditional DuPont decomposition and the extended DuPont analysis. Students also learn how to measure stock return, standard deviation, covariance, correlation, market risk and CAPM. Complexity academic level This case is suitable for management accounting, financial analysis and security analysis and portfolio management courses at the post-graduate or graduate levels. The case can be used in similar courses such as in financial statement analysis courses or security analysis and portfolio management courses. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS: 1 Accounting and finance.

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Mutual fund management in the period of financial crisis

Voprosy regionalnoj ekonomiki ◽

10.21499/2078-4023-2017-31-2-75-81 ◽

2017 ◽

Vol 31 (2) ◽

pp. 75-81

Author(s):

О. А. Bank

Keyword(s):

Financial Crisis ◽

Mutual Fund ◽

Economic Recession ◽

Investment Strategy ◽

Economic Conditions ◽

Investment Strategies ◽

Fixed Income ◽

Fund Management ◽

Fund Managers ◽

Different Types

Mutual fund managers do not have full freedom in choosing investment strategies - they are limited both by the laws and by investment declarations of the funds. Investment strategy cannot be fully changed even in financial crisis but it only can be corrected. This fact could not be characterized as a disadvantage because different types of funds are efficient in different time even during the same economic recession. Mutual fund manager should rationally invest funds of their clients: it is better to keep the maximum possible part of the portfolio in cash and instruments with fixed income on the declining market and it is better to keep shares on the rising market. However the choice of bonds also as the choice of shares should pay respect for the features of these instruments during unfavorable economic conditions. Russian mutual fund management differs from fund management in other countries as in stable economic situation so in the circumstances of financial crisis.

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Association of Ct Values from Real-Time PCR with Culture in Microbiological Clearance Samples for Shiga Toxin-Producing Escherichia coli (STEC)

Microorganisms ◽

10.3390/microorganisms8111801 ◽

2020 ◽

Vol 8 (11) ◽

pp. 1801

Author(s):

Michael Bording-Jorgensen ◽

Brendon D. Parsons ◽

Gillian A.M. Tarr ◽

Binal Shah-Gandhi ◽

Colin Lloyd ◽

...

Keyword(s):

Escherichia Coli ◽

Real Time ◽

Shiga Toxin ◽

Real Time Pcr ◽

Gene Detection ◽

Culture Positivity ◽

Hands On ◽

Culture Independent ◽

Chromogenic Agar ◽

Stool Samples

Shiga toxin-producing Escherichia coli (STEC) are associated with acute gastroenteritis worldwide, which induces a high economic burden on both healthcare and individuals. Culture-independent diagnostic tests (CIDT) in frontline microbiology laboratories have been implemented in Alberta since 2019. The objectives of this study were to determine the association between gene detection and culture positivity over time using STEC microbiological clearance samples and also to establish the frequency of specimen submission. Both stx genes’ amplification by real-time PCR was performed with DNA extracted from stool samples using the easyMAG system. Stools were inoculated onto chromogenic agar for culture. An association between gene detection and culture positivity was found to be independent of which stx gene was present. CIDT can provide rapid reporting with less hands-on time and technical expertise. However, culture is still important for surveillance and early cluster detection. In addition, stool submissions could be reduced from daily to every 3–5 days until a sample is negative by culture.

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Socially-Distant Hands-On Labs for a Real-time Digital Signal Processing Course

Proceedings of the 2021 on Great Lakes Symposium on VLSI ◽

10.1145/3453688.3461490 ◽

2021 ◽

Author(s):

Patrick Schaumont

Keyword(s):

Signal Processing ◽

Digital Signal Processing ◽

Real Time ◽

Digital Signal ◽

Hands On

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An Accelerator for Real-Time Digital Signal Processing with Microprocessors

International Journal of Electrical Engineering Education ◽

10.1177/002072098702400114 ◽

1987 ◽

Vol 24 (1) ◽

pp. 65-72

Author(s):

C. Ward

Keyword(s):

Signal Processing ◽

Digital Signal Processing ◽

Real Time ◽

Digital Signal ◽

Fir Filters ◽

Minimal Cost ◽

Hands On

An accelerator consisting of a fast digital multiplier and A/D and D/A converters is designed for the BBC microcomputer. The circuit enables ‘hands-on’ experience of digital signal processing to be provided at minimal cost. Examples of implementations of FIR filters and an autocorrelation algorithm are provided.

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Financial Analysis of Water Management Practices in Cranberry Production in Quebec, Canada

Sustainable Agriculture Research ◽

10.5539/sar.v10n4p13 ◽

2021 ◽

Vol 10 (4) ◽

pp. 13

Author(s):

Ana-Maria Bogdan ◽

Suren Kulshreshtha ◽

Jean Caron

Keyword(s):

Real Time ◽

Management Practices ◽

Net Present Value ◽

Financial Analysis ◽

Global Scale ◽

Sensitivity Analyses ◽

Economic Returns ◽

Bottom Line ◽

Agricultural Producers ◽

Climate Change Effects

At a global scale, Canada is the second largest cranberry producer, with Quebec being the largest producing region within Canada. Efficient water use in agricultural production has long been a topic of outmost importance to agricultural producers, and governing bodies. The immediacy of climate change effects sped up the need to find solutions that conserve water. One such promising technology is irrigation using real-time tensiometers, which provides rapidly critical irrigation needs information to producers. Adoption of improved technologies by farmers is dependent on the effect it has on the farms’ bottom line. In this study, we examine the financial performance of real-time tensiometer based irrigation, and compare it to evaporation needs based irrigation (baseline), in the context of a Quebec-based cranberry farm. Our findings show that irrigating using real-time tensiometers technology generated higher economic returns. With a net present value of $96,847, this technology increased returns by nearly 53% compared to the baseline technology. Subsequent sensitivity analyses confirmed the robustness of these findings, even when changing important farming parameters.

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FORMING OF THE MECHANISM OF THE ENTERPRISE’S MARKET CAPITALIZATION FOR ACHIEVEMENT OF ITS MAIN GOALS OF INVESTMENT ACTIVITY

Intellect XXІ ◽

10.32782/2415-8801/2021-4.9 ◽

2021 ◽

Author(s):

Igor Kryvovyazyuk ◽

Oleksandr Burban

Keyword(s):

Financial Analysis ◽

Investment Strategy ◽

Point Of View ◽

Management Mechanism ◽

Scientific Publications ◽

Investment Activity ◽

Business Valuation ◽

Market Capitalization ◽

Scientific Discussion ◽

Main Components

The article summarizes arguments and counterarguments in the framework of scientific discussion on the formation of a mechanism for managing the market capitalization of an enterprise from the point of view of achieving its established investment goals. The main goal of the research is to create a new approach to the formation of the mentioned mechanism, which was implemented through a critical analysis of the modern scientific publications within the topic. A detailed analysis of the internal structure of the enterprise’s market capitalization management mechanism allowed to define its main components list which includes: a main goal of the mechanism (which is related to enterprise’s value maximization), management methods (financial, administrative, legal), principles (purposefulness, planning, competence, disciplines, incentives, hierarchy), tools (business valuation, financial analysis, benchmarking), subjects, objects, management factors (improving of financial, administrative or production system) and result (which is measured by enterprise’s market capitalization dynamics). Also, it was revealed that there’s a connection between internal components of enterprise’s market capitalization management mechanism and external factors, which can be microeconomic (are under direct enterprise’s influence) or macroeconomic (can’t be influenced from an enterprise’s side). Having summarized the main goals of an enterprise’s investment strategy, three main groups of the goals were selected to reveal the existence of a direct relationship between formation of a mechanism for managing the market capitalization of an enterprise and its main goals of investment activity. First one is related to improvement of enterprise’s value (based on changes in capital), second is related to level of enterprise’s profitability, and third is defined with achieving a positive social effect. The study empirically confirms and theoretically proves that the expression of the effectiveness of the market capitalization management mechanism of an enterprise is a direct identification of the achievement of the goals of its investment strategy.

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