Read this article in Hindi to learn about the three main techniques adopted for the revision of portfolio in a company. The techniques are: 1. The Formula Plan 2. Constant Ratio Plan 4. Variable Ratio Plan. Technique # 1. फॉर्मूला प्लान (The Formula Plan): प्रतिभूतियाँ के क्रय-विक्रय सम्बंधी आधारभूत नियम एवं नियमन निवेशक की काफी सहायता करते है । ये [...]
Read this article in Hindi to learn about the process and procedure of investment to be followed in an organisation. The steps are: 1. Framing of Investment Policy 2. Security Analysis 3. Investment Valuation 4. Construction of Portfolio 5. Evaluation of Portfolio. Step # 1. विनियोग नीति का निर्माण (Framing of Investment Policy): निवेश प्रक्रिया की यह प्रथम अवस्था है [...]
Portfolio theories guide the investors to select securities that will maximize returns and minimize risk. These theories can be classified into different categories as depicted in figure 6.1. I. Traditional Approach: 1. Dow Theory: Charles Dow, the editor of Wall Street Journal, USA, presented this theory through a series of editorials. Dow formulated a hypothesis that the stock market does [...]