Portfolio Management And Optimization In Excel

Portfolio Management And Optimization In Excel
Published 5/2023
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 4.14 GB | Duration: 6h 33m

Learn How to Construct and Optimize Portfolios, Manage Risks, and Achieve Investment Objectives Using the Power of Excel

What you'll learn

Master fundamental concepts of financial markets and market participants

Acquire an in-depth understanding of individual and portfolio approaches to investing, portfolio management process, and diverse needs of various investor types

Explore the intricacies of the asset management industry and a wide range of pooled investment vehicles available

Download and interpret financial data

Grasp how to calculate the mean, variance, and correlation of asset returns

Understand the importance of diversification in reducing portfolio risk

Differentiate between systematic and unsystematic risk and understand their impact on portfolio management

Apply the principles of Modern Portfolio Theory and use the Capital Asset Pricing Model to estimate the expected return on equity

Use Excel to build an efficient frontier, allowing you to optimize your portfolio for a given level of risk

Evaluate portfolio performance using key performance indicators such as the Sharpe ratio, Treynor ratio, M2, and Jensen's alpha

Explore the difference between the Capital Allocation Line (CAL) and the Capital Market Line (CML)

Delve into the concept of risk aversion and how it relates to shaping an investor's profile

Dive into investment policy statements from a practical perspective

Analyze an investor's financial risk tolerance by distinguishing between their willingness and ability to take risks

Understand the significance of written policy statements

Analyze an investor's financial risk tolerance by distinguishing between their willingness and ability to take risks

Explore ESG investing and learn how to integrate it into portfolio planning and construction

Identify and quantify the types of risks a company faces

Find why risk elimination is not the goal of a firm's risk management system

Define the principles of technical analysis as well as its underlying assumptions for effective investment decision-making

Examine common technical analysis indicators and chart patterns to enhance investment analysis skills

Illustrate how technical analysts use cycles in their analyses

Develop critical thinking and analysis skills to make informed investment decisions

Requirements

No prior knowledge is required

A spreadsheet tool: Microsoft Excel (any version) or Google Sheets

Description

What's the most effective way to diversify your investments to minimize risk and maximize returns?What assets should you include in your portfolio?How much money should you allocate to each asset in your portfolio?What is the expected return on your portfolio, and what is the likelihood of achieving that return?You can now develop your expertise and knowledge to achieve outstanding results in your career! This course is a fantastic training opportunity that could help you win job interviews, excel on the job, and get promoted.The world of investing can be overwhelming, especially when considering the wide range of options available.To make prudent investment decisions, you must have a clear understanding of your investment goals. Whether you are an individual saving for retirement or an institution looking to meet ongoing and future spending needs, your investment's objectives should always guide your asset allocation tactics.Our course takes you through the process of selecting the best investment options for your specific needs while minimizing risk and maximizing returns.We'll teach you how to evaluate various investment options and how to make informed decisions to achieve your financial goals.With our course, you'll gain the necessary skills and knowledge to analyze investment opportunities and identify those with the greatest growth potential.You'll learn how to assess risk and return, select the best asset classes, and construct a diversified portfolio to achieve your objectives.Investing your money is easier with the right tools and knowledge.With our course, you'll be equipped with the necessary skills and expertise to confidently navigate the world of investments and make informed decisions that will pave the way toward financial success.What you'll learn in this course:- Understand fundamental concepts of financial markets and market participants- Gain an in-depth understanding of the individual and portfolio approaches to investing, the portfolio management process, and the diverse needs of various investor types- Dive into the intricacies of the asset management industry and explore the wide range of pooled investment vehicles available- Download and interpret financial data- Acquire the skills to calculate the mean, variance, and correlation of asset returns- Understand the concepts of correlation and diversification- Find the difference between systematic and unsystematic risk- Explore the Modern Portfolio Theory and learn how to use the Capital Asset Pricing Model to estimate the expected return on equity in stock valuation models- Apply the concepts of portfolio theory to build an efficient frontier using Excel, allowing you to identify the optimal combination of assets for a given level of risk- Calculate performance indicators such as the Sharpe ratio, Treynor ratio, M2, and Jensen's alpha- Differentiate between the Capital Allocation Line (CAL) and the Capital Market Line (CML)- Delve into the concept of risk aversion and how it relates to shaping an investor's profile- Examine investment policy statements from a practical perspective- Understand the significance of written statements and how to analyze an investor's financial risk tolerance by distinguishing between their willingness and ability to take risks- Explore ESG investing and learn how to integrate it into portfolio planning and construction- Identify and quantify the types of risks a company faces- Discover why risk elimination is not the goal of a firm's risk management system- Define the principles of technical analysis as well as its underlying assumptions- Examine common technical analysis indicators- Illustrate how technical analysts use cycles in their analysesEach of these sections contains practical examples and challenges aiming to reinforce what you have learned. The course is beautifully animated and interactive—we aim to deliver the ultimate training experience for you.We are happy to offer an unconditional 30-day money-back-in-full guarantee. No risk for you. The content of the course is excellent, and this is a no-brainer for us, as we are certain you will love it.Don't wait—enroll now and master the art of portfolio management! Acquire these skills and leap at the opportunity to set yourself apart from the crowd. Start learning today!

Overview

Section 1: Portfolio Management: Overview

Lecture 1 Introduction

Lecture 2 Portfolio Approach

Lecture 3 Portfolio Management Process

Lecture 4 Types of Investors

Lecture 5 Defined Contribution (DC) and Defined Benefit (DB) Plans

Lecture 6 The Asset Management Industry

Lecture 7 Mutual Funds

Lecture 8 SMAs and ETFs

Lecture 9 Hedge Funds

Lecture 10 Private Equity

Section 2: Portfolio Risk and Return (Part 1)

Lecture 11 Holding Period Return (HPR)

Lecture 12 How to Download Historical Price Data in Excel Using Yahoo Finance

Lecture 13 How to Format an Excel Spreadsheet

Lecture 14 Log Return (Bonus)

Lecture 15 Arithmetic vs Geometric Mean Return

Lecture 16 How to Ccalculate Rates of Return in Excel

Lecture 17 Money-weighted Rate of Return

Lecture 18 Time-weighted Rate of Return

Lecture 19 Money-weighted vs Time-weighted Rate of Return

Lecture 20 Annualized Return

Lecture 21 The Effect of Fees, Taxes, Inflation and Leverage

Lecture 22 Major Asset Classes

Lecture 23 Historical vs Expected Returns

Lecture 24 Mean, Variance and Covariance of Asset Returns

Lecture 25 Variance and Standard Deviation of Returns (Excel)

Lecture 26 Covariance and Correlation Between Two Assets (Excel)

Lecture 27 Risk Aversion

Lecture 28 Risk Aversion (Implications)

Lecture 29 Portfolio Risk and Return

Lecture 30 Portfolio Risk and Return (Excel)

Lecture 31 The Correlation Coefficient

Lecture 32 Investment Opportunity Set

Lecture 33 Minimum-Variance Frontier

Lecture 34 Minimum-Variance Frontier (Excel)

Lecture 35 Capital Allocation Line

Lecture 36 Optimal Risky Portfolio (Excel)

Lecture 37 Capital Allocation Line (Excel)

Lecture 38 Optimal Investor Portfolio

Section 3: Portfolio Risk and Return (Part 1): Practical Example

Lecture 39 Introduction

Lecture 40 What is a Matrix?

Lecture 41 Scalars and Vectors

Lecture 42 The Transpose of Vectors and Matrices

Lecture 43 Dot Product

Lecture 44 Portfolio Variance (Multi-Asset Case)

Lecture 45 Variance-Covariance Matrix

Lecture 46 Optimal Risky Portfolio

Section 4: Portfolio Risk and Return (Part 2)

Lecture 47 Two-fund Separation Theorem

Lecture 48 Capital Allocation Line (CAL) vs. Capital Market Line (CML)

Lecture 49 Systematic vs. Unsystematic Risk

Lecture 50 Return-generating Models

Lecture 51 Calculate and Interpret Beta

Lecture 52 Regression Analysis

Lecture 53 Calculate Beta in Excel

Lecture 54 Capital Asset Pricing Model (CAPM)

Lecture 55 Security Market Line (SML)

Lecture 56 Expected Return (CAPM)

Lecture 57 CAPM (Applications)

Lecture 58 Sharpe Ratio and M2 Ratio

Lecture 59 Treynor Ratio and Jensen's Alpha

Lecture 60 Performance Measures (Example)

Lecture 61 Performance Measures (Excel)

Section 5: Basics of Portfolio Planning and Construction

Lecture 62 Investment Policy Statement (IPS)

Lecture 63 IPS Components

Lecture 64 Risk and Return Objectives

Lecture 65 Willingness vs. Ability to Take Risk

Lecture 66 Investment Constraints

Lecture 67 Asset Allocation

Lecture 68 Portfolio Construction (Principles)

Lecture 69 Tactical Asset Allocation

Lecture 70 ESG Investing

Section 6: Introduction to Risk Management

Lecture 71 Risk Management (Definition)

Lecture 72 The Risk Governance Process

Lecture 73 Risk Tolerance

Lecture 74 Risk Budgeting

Lecture 75 Financial and Non-financial Sources of Risk

Lecture 76 Risk Measures (Part 1)

Lecture 77 Risk Measures (Part 2)

Lecture 78 Subjective and Market-based Risk Estimates

Lecture 79 Risk Management Framework

Section 7: Technical Analysis

Lecture 80 Technical Analysis - Principles, Applications, Assumptions

Lecture 81 Charts Used in Technical Analysis

Lecture 82 Other Tools Used in Technical Analysis

Lecture 83 Trend, Support and Resistance Lines

Lecture 84 Common Chart Patterns

Lecture 85 Price Indicators

Lecture 86 Momentum Oscillators

Lecture 87 Technical Analysis - Cycles

Lecture 88 Non-price Based Indicators

Lecture 89 Intermarket Analysis

Beginner investors,Individuals interested in investments,Portfolio managers,Finance professionals, including analysts, investment bankers, and asset managers,Individual investors looking to manage their personal investment portfolios more effectively,Financial advisors and planners seeking to deepen their understanding of portfolio management techniques,Anyone interested in stock markets and financial securities,Anyone interested in learning how to use Excel for financial analysis and modeling, including professionals in other fields who want to expand their skill set.