不过话说回来,equity researcher当然不会把所有的信息都给读者,不然不是没有饭吃了,这就要大家自己下载公司的10K财务报表,网上的新闻,多家的research report信息互补,公司如果近期有analyst call或conference call的话,可以找transcript来看公司发展的前景。如何建模如何找信息是另外一个庞大的话题,恕维拉下次慢慢道来。 ...
Learn about the types of information in equity research, the value it offers, and how teams are leveraging it to inform business decisions.
在这里维拉有个小贴士:每个research department都有不一样的说法,MS家用Overweight(买),Underweight(卖),Equalweight(持有);Wells Fargo用Outperform(买),Marketperform(持有),Underperform(卖),Deutsche Bank最直接,Buy,Hold,sell。碰到更无厘头的大家也不要怕,翻到report末尾几页都有他们的详细说明。这些公司客服态度...
An equity research report is a document that includes information about company stock, such as its target share price, recommendation (whether to buy, hold, or sell), key statistics, and graphs to help investors make investment decisions. Financial analysts or equity research analysts working for ...
An equity research report is a document prepared by an analyst that provides a recommendation for investors to buy, hold, or sell shares of a company.
注:下文货币单位均为港币。本篇投研笔记的阅读时长约为20分钟。 ——— 总结: 并不太看好新鸿基未来的发展:私募和对冲这块投资业绩出现均值回归从而跑输市场的概率较大,房地产投资未来时间拉长来看去除租金收入外顶多勉强跑赢通胀,内地小贷业务过往表现不尽人意,未来在政策法规压力下对坏账的风险补偿越来越低而...
股权研究报告Equity-Research-Report.docx,AT T Inc. Equity Research Report PAGE 11 8/25/2011 Based on DCF Valuation | STP Submitted to Submitted by:Ankit Gupta 10FN-014Rudra Shankar Chowdhry Submitted by: Ankit Gupta 10FN-014 Rudra Shankar Chowdhry 10FN-09
So before understanding how to write an ER report, let’s try to understand what exactly an equity ER is. FINRA, the Financial Industry Regulatory Authority, defines an equity research report, in Rule 2711 (a)(8) as, “A written or electronic communication that includes ananalysis of equity...
闲话不多说，今天我想和一起在投行路上的孩子们分享的是如何最快从Equity Research Report里获得你想要的信息，对于行业了解和自己投资都有立杆见影的效果。下面我借用最爱的摩根斯坦利做逐一讲解。很多人问我要Morgan Stanley的research report，发来邮箱地址让我分享，但是新浪经常把这样的留言放进垃圾...
Equity Research部门内的分组一般按照分析师所研究的行业（Sector）。常见的Sector有：消费零售业（Consumer...