Investment Science

Author: Zhu Baoxian
Publisher:
Publish Date: 2002-09-01
Features: This book comprehensively introduces the theories and practices of various types of securities investment. The book is divided into four parts: Chapters 1 to 3 analyze the brief history of the development of investment theory, the issuance of stocks and bonds, the basic trading mechanisms of securities, the compilation of stock index data, and the credit rating of securities; Chapters 4 to 7 introduce the theory of portfolio selection, the Capital Asset Pricing Model (CAPM), single-index and multi-factor models, the Arbitrage Pricing Theory (APT), and the Efficient Market Theory; Chapters 8 to 10 examine the theories of stock investment, including fundamental analysis, corporate financial statement analysis, and stock valuation; Chapters 11 to 18 discuss the yield and risk characteristics of bonds, futures, options, and funds, as well as the duration theory of bonds, the pricing theories of futures and options, and the performance evaluation theories of funds. The book is characterized by a rigorous and standardized structure, novel and detailed content, clear and accessible explanations, and a strong emphasis on linking theory with practice.