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 …
CFA Level I: Cost of Inventories
With the IFRS, the costs of inventories include purchase costs, conversion costs and transport costs. Purchase costs include duties, insurance, …
CFA Level I: Deferred Tax Assets & Liabilities
Financial reporting standards sometimes differ from tax reporting standards. This can give rise to differences in taxable assets and liabilities …
CFA Level I: Bond Duration
Bond duration is one of the measure of interest rate risk on a bond. It measures the sensitivity of a …
CFA Level I: Dividend Discount Model & Gordon Growth Model
The simplest present value model for estimating the worth of company is the dividend discount model. It assumes that the …
CFA Level I: Hedge Fund Fee Structures
Hedge fund fees are commonly quoted with “x and xx” structure, like “2 and 20.” This would refer to a …
CFA Level I: Short-Term Investments
Short Term Investment Yields Short-term investments are investment assets that are meant to be held for less than a year. …
CFA Level I: Share Repurchases
When a company buys back its own shares with corporate cash, this is a share repurchase. Repurchased shares become treasury …