This is a virtual equity Strategy Design course created for and made available to users of Portfolio123. Each Topic can stand on its own, however it will likely prove more beneficial to go through it in the prescribed sequence:
- We Can Get a Handle On Stock Prices
- Why Stock Prices Are As They Are
- From Dividends to EPS
- Out of the Ivory Tower
- Value and Beyond
- Laying the Groundwork for a Noise-Value Strategy
- Details of a Noise-Value Strategy
- Testing the Noise-Value Strategy
- Designing a PE-Based Value Strategy
- Designing a Sales-Based Value Strategy
- Valuation Based on Cash Flow
- Using Price/Book
- Special Topics in Valuation
- Overview of Quality
- The DuPont Framework
- The Components of Quality
- Using Quality Factors in Your Strategies
- Earnings Quality
- Working With Analyst-Related Data
- Momentum
- Special Topics
- Hedging and Market Timing
- Position Sizing (Weighting)
- Weighted Average Cost of Capital – Part 1
- Weighted Average Cost of Capital – Part 2
- Weighted Average Cost of Capital – Part 3
- Weighted Average Cost of Capital – Part 4
- Effective Testing/Simulation on Portfolio123
ADDITIONAL RESOURCES
Strategy Design Cheat Sheet: A short simple summary of the strategy design principles presented in this course
Portfolio123 Style-Based Ranking Systems: Details of all the ranking systems used in p123Spotlight Blogs