Convertible Securities: The Latest Instruments, Portfolio Strategies, and Valuation Analysis, Revised Edition (McGraw-Hill Library of Investment and Finance) - Tapa dura

Calamos, John P.

 
9781557389213: Convertible Securities: The Latest Instruments, Portfolio Strategies, and Valuation Analysis, Revised Edition (McGraw-Hill Library of Investment and Finance)
Tapa dura
ISBN 10: 1557389217 ISBN 13: 9781557389213
Editorial: McGraw Hill, 1998

Sinopsis

Strategies for earning equity-like returns - with substantially lower risk! Convertible securities - generally, corporate bonds which can be converted into a fixed number of common stock shares - have been around for over a century. While they have generated decent returns for savvy, risk-averse investors, and are an ideal security in today's volatile markets, convertibles have received remarkably little coverage in the popular press. "Convertible Securities" opens the window, providing in-depth research and analysis to help both new and experienced investors benefit from the many advantages of convertibles.Eye-opening from front to back, it traces: the basics of convertible evaluation, including its investment value as a straight bond, its convertible value as a stock, and its theoretical fair value; proven methods for uncovering convertibles trading below fair value by identifying key variables such as conversion premium and yield advantage; how to use popular convertible bond indexes to track performance, benefiting from their advantages, while remaining aware of their shortcomings. The basic concepts of a convertible security are fairly straightforward, yet nuances make it one of the most involved and potentially profitable investments available. Let "Convertible Securities" act as your guidebook to this exciting investment class, providing you proven strategies to participate in the capital appreciation of common stocks, while providing a consistent buffer against risk.

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Acerca del autor

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De la contraportada

Strategies for earning equity-like returns--with substantially lowerrisk! Convertible securities--generally, corporate bonds which can beconverted into a fixed number of common stock shares--have been aroundfor over a century. While they have generated decent returns forsavvy, risk-averse investors, and are an ideal security in today'svolatile markets, convertibles have received remarkably littlecoverage in the popular press. Convertible Securities opens thewindow, providing in-depth research and analysis to help both new andexperienced investors benefit from the many advantages ofconvertibles. Eye-opening from front to back, it traces: the basics ofconvertible evaluation, including its investment value as a straightbond, its convertible value as a stock, and its theoretical fairvalue; proven methods for uncovering convertibles trading below fairvalue by identifying key variables such as conversion premium andyield advantage; how to use popular convertible bond indexes to trackperformance, benefiting from their advantages, while remaining awareof their shortcomings. The basic concepts of a convertible securityare fairly straightforward, yet nuances make it one of the mostinvolved and potentially profitable investments available. LetConvertible Securities act as your guidebook to this excitinginvestment class, providing you proven strategies to participate inthe capital appreciation of common stocks, while providing aconsistent buffer against risk.

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Editorial
McGraw Hill
Año de publicación
1998
Idioma
Inglés
ISBN 10 
1557389217
ISBN 13 
9781557389213
Encuadernación
Tapa dura
Número de edición
2
Número de páginas
417
Contacto del fabricante
no disponible
Persona responsable
no disponible