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Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Denis Ksenofontov
Сcomparison of the Financial Performances of the Companies for Evaluation of Investment Attractiveness
Financial Engineering
(Master’s programme)
8
2018
This paper considers the possibility of obtaining a premium over market profitability by forming various portfolios based on a fundamental analysis of issuers. The research is conducted on the Russian stock market to study the medium-term strategy based on the ranking. Selected shares for the portfolio are ranked using a special sample, which is based solely on multiples, which, in our opinion are liquid, unencumbered debts, fundamentally strong companies. The combination of ranking factors, minimizing market risk and reinvesting dividends should show how a fundamentally statistical approach to valuing companies can overtake the market.

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