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投資管理 第八章

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投資管理 第八章. 指導老師 : 歐陽豪 老師. 學生 :4980D001 黃奕評 4980L027 劉怡妏 4980L078 林冠賢 4980L079 劉啟崇. 8.1 基本分析的觀念與架構. 從事股票投資的投資人,對於投資組合的建構及將來的調整,心中應有一套屬於自己思考邏輯的方法,如基本分析、技術分析等不一而足。 投資人應該要知道有哪些因素或事件會影響投資標的的價格變動。. 8.1.1 影響股價變動的因素. 從經濟面而言,一般商品的價格是由買賣雙方所共同決定,即依供需情況而定。 - PowerPoint PPT Presentation

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8.4

: :4980D001 4980L027 4980L078 4980L079 8.1

8.1.1 -

8.1 () ()()() 1.2.(GDP) 3.8-1

8.1.2 (Top-Down Approach ) 8-2(Bottom-Up Approach)

8-2

(LED)8.2.1 (GDP)

459(CheckPoint)383223178-2

8-2

8-3

8-31954128.2.2 27

3~58-48-4

8.2.3

8-3

8.2.4 (Misery Index)Misery Index (WPI)(CPI)

8.2.5

8.2.6 25M1aM1bM2M1b M1a M1b M1a M2 M1b (quasi-money)

8-4

1989~19907.75%1200020002001~20031.375%30008-5 1987~19892000120002008940008000

8.2.7 50%50%50%

(SMIT, Supply Management Institute, Taiwan)2011(Taiwan PMI-Manufacturing)

8-6 M1bM2 19861997 1999 2001 2007(2)2009(3)M1b M219891994 1998 20002007(12)M1bM2

8.3

1990

200220108.4 (Intrinsic Value)

8.4.1 (IFRS)IFRSIFRS2013IFRS2012IFRS

2015IFRS2013

IFRS

(Non-Current Assets)

(Non-Current Liabilities)

(Non-controlling Interest)

(Comprehensive Income Statement)

(Flow)

(Cash Flow)(Out Flow)(In Flow)(Indirect Method)(Direct Method)(Investing Activities)(Financing Activities)8.4.2

8.4.3

(Event Study)

31

2008613(2008415)2007121811.2520084925.452008122(2008113)200861318.95200872330

8-1(8-5)(8-6)2011

END