CFA Level 1 notes · 11–14% of the exam
Equities
CFA Level I Equities notes (the topic was formerly called Equity Investments). 12 readings, about 8 h 6 min.
How shares are issued, traded and voted, where equity returns come from, and how analysts value a company with discounted cash flow models and multiples. It also covers industry and company analysis, research reports and factor models such as the CAPM.
- 39Equity Instrument Features
- 40Equity Jurisdictions, Classes, and the Voting Process
- 41Equity Issuance and Trading
- 42Sources of Equity Returns
- 43Introduction to Equity Valuation
- 44Discounted Cash Flow (DCF) and Growth Models
- 45Relative Value Equity Valuation Approaches
- 46Financial Statement Forecasting in Equity Valuation
- 47Industry and Competitive Analysis
- 48Company Analysis: Past, Present, and Future
- 49Equity Analyst Research Reports
- 50The Capital Asset Pricing Model, Market Model, and Other Factor-Based Equity Models