MPF_ACP1 The Security Analysis 1

Faculty of Economics and Administration
Autumn 2013
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
prof. Ing. Oldřich Rejnuš, CSc. (lecturer)
doc. Ing. Martin Svoboda, Ph.D. (lecturer)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (lecturer)
Oleg Deev, Ph.D. (seminar tutor)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (seminar tutor)
Guaranteed by
Ing. Dagmar Vágnerová Linnertová, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance – Faculty of Economics and Administration
Timetable
Mon 14:35–16:15 P103
  • Timetable of Seminar Groups:
MPF_ACP1/01: Mon 16:20–17:55 VT203, D. Vágnerová Linnertová
MPF_ACP1/02: Mon 9:20–11:00 VT203, D. Vágnerová Linnertová
MPF_ACP1/03: Tue 14:35–16:15 VT105, D. Vágnerová Linnertová
MPF_ACP1/04: Tue 16:20–17:55 VT105
Prerequisites (in Czech)
! MPF_ASAN Security analysis
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 72 student(s).
Current registration and enrolment status: enrolled: 1/72, only registered: 0/72, only registered with preference (fields directly associated with the programme): 0/72
fields of study / plans the course is directly associated with
Course objectives
Student will be able to oriented in methods of security analysis, use particular financial market indicators and analyses an individual security. According these information he will be able to recommend a particular investment decision and evaluate and use information form annula report of companies and internet.
Syllabus
  • Topic
  • Lecture topics:
  • 1 Introduction of the subject, the fundamental, limitation, concept, intrinsic value, dateat
  • Fundamental analysis: global analysis
  • 3 Fundamental analysis: sector analysis
  • 4 Fundamental analysis: security analysis
  • 5 Fundamental analysis: security analysis, cont.
  • 6 Fundamental analysis: security analysis, cont.
  • 7 Technical analysis
  • 8 Dow theory
  • 9 Graphical methods of technical analysis
  • 10 Indicators of technical analysis
  • 11 Psychological analysis -Kostolany, Drasner, Keynes conception, Epstein and Garfield investment psychology
  • 12 Theory of speculative bubble, pyramid principle in investment
  • 13 Theory of effective markets
  • Semminars
  • 1 Introduction
  • 2 Fundamentals about security analysis
  • 3 Date
  • 4 Test no.1
  • 5 Global and sector fundamental analysis
  • 6 Methods and tools of technical analysis
  • 7 Psychologicala analysis
  • 8 Theory of effective markets
  • 9 Theory of speculative bubble, pyramid principle in investment
  • 10 Test no.2
  • 11 Theory of effective markets
  • 12 Pricing models I
  • 13 Pricing models II
Literature
    required literature
  • REJNUŠ, Oldřich. Finanční trhy (Financial Markets). Třetí rozšířené. Ostrava: Key Publishing, 2011, 690 pp. Ekonomie. ISBN 978-80-7418-128-3. info
  • MUSÍLEK, Petr. Trhy cenných papírů. 2., aktualiz a rozš. vyd. Praha: Ekopress, 2011, 520 s. ISBN 9788086929705. info
  • VESELÁ, Jitka. Investování na kapitálových trzích. Vyd. 1. Praha: ASPI, 2007, 703 s. ISBN 9788073572976. info
  • DAMODARAN, Aswath. Damodaran on valuation : security analysis for investment and corporate finance. 2nd ed. Hoboken: Wiley, 2006, xi, 426. ISBN 0471751219. info
    recommended literature
  • JÍLEK, Josef. Akciové trhy a investování. 1. vyd. Praha: Grada, 2009, 656 s. ISBN 9788024729633. info
  • GRAHAM, Benjamin and David L. DODD. Security analysis : principles and technique. 2nd ed. New York: McGraw-Hill Book Company, 1940, xiii, 851. ISBN 007141228X. info
Teaching methods
Individual lectures, in seminars application of knowledge about evaluation risk and revenue in individual examples and application of particular methods from fundamental, technical and psychological analysis in selected securities.
Assessment methods
Two tests are written in seminars according to time schedule of the seminar. In-term test with 30 points per each. It is necessary to get at lest 36 points (total number of 60 points from both tests). The half of the points from both in-term tests is added to the total score. There is only one attempt per every test! Bloomberg results presentation. Pre final exam conditions:
• at least 36 points from both test (60 %)
Exam and final result
• Written exam (max. 70 points)
• Final grade is total number of points from two tests and final exam test – at most 100 points. Final written exam has a form of a multiple choice.
Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
Credit evaluation note: k = 1.
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2009, Autumn 2010, Autumn 2011, Autumn 2012, Autumn 2014, Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023, Autumn 2024.
  • Enrolment Statistics (Autumn 2013, recent)
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