CFA Level II: Equity Valuation – FCFF and FCFE Concepts
FCFF/FCFE Concepts A common equity valuation method is the discounted FCFF or FCFE method. FCFF is free cash flow to …
CFA Exam
CFA Level II: Financial Reporting and Analysis – Multinational Operations
Multinational Operations Accounting When corporations do business in multiple countries, often through subsidiaries, there are currency considerations that must take …
CFA Level II: Financial Reporting and Analysis – Defined Benefit Plan
Defined-benefit plan Defined benefit plans are pension plans where the employer promises to make periodic payments to an employee after …
Module 9.2 LOS 9.h (And General Times Series: Instability of Coeffiecients in Time Series Models
Time Series We can use regression models for time series as well. The two basic time series graphs are the …
Module 8.6 -8.9 Quantitative Methods – Common Issues with Regression Testing
Regression Model Assumptions Linear Regression Models operate under the following assumptions: A linear relationship exists between dependent and independent variables …
CFA Level II: Quantitative Methods – ANOVA Part II, Significance Testing
The next concept we will look at is significance testing. Significance testing is a form of hypothesis testing focused on …
CFA Level II: Quantitave Measures – Anova Part I, SST = RSS +SSE
ANOVA Table 1: CFA Anova Model ANOVA is short for analysis of variance. The key concept are sum of squared …
CFA Level II: Quantititave Measures – Fundamental Linear Regression Concepts
Independent vs Dependent Variables Regression modeling allows us to study the effects of independent variables on the subject variable called …
The CFA Level II Series: Table of Contents
Table of Contents Quantitative Methods Module 7.3 LOS 7.f: Regression coefficient confidence interval Module 7.5 LOS 7.j: ANOVA Tables, R-squared …
CFA Level I: Portfolio Performance Evaluation Measures
There are various ways to assess portfolio performance, especially when just knowing the return may not tell us much about …