Investment Strategies (Fundamental Analysis)

Student: Kuznetsov Daniil

Educational Programme: Financial Markets and Financial Institutions (Master)

Year of Graduation: 2018

In this work, we conducted a comprehensive study with the aim of studying the factors of underestimation on the Russian stock market and the level of the best level of underestimation of companies for constructing cost investment strategies among the abundance of various fundamental indicators. We used different weighing methods, different multipliers, historical and forecast data. The result of the work was a modified indicator of undervaluation factors, which could improve the explanatory power of the 3-factor model of Fama French.

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