Сcomparison of the Financial Performances of the Companies for Evaluation of Investment Attractiveness

Student: Ksenofontov Denis

Educational Programme: Financial Engineering (Master)

Final Grade: 8

Year of Graduation: 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.

Full text (added May 25, 2018)

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