Use of fundamental multiplicators in the formation of the investment portfolio by individuals
Abstract
The article examines the composition and structure of individual stock portfolios. The practical experience of the stock market development in the context of active investors is presented. The development trend of portfolio investments is determined, depending on the change in the interest rate, supported by the actions of the central bank in accordance with its policy of actions in the stock market. Possibly available instruments for the formation of an investment portfolio by individuals in the current conditions are indicated. The actual investment positions are considered in accordance with the demand from private investment. Practical cases on the dividend policy of joint stock companies are touched upon. The analysis of the most popular among investors – individuals, Russian and American shares using some fundamental multipliers is carried out. An example of the influence of economic factors on the change in the financial indicators of a corporation, as well as the formation of its multipliers, is considered. The current attitude of private investors towards conservative financial instruments and their alternatives is presented. The basic methods of selection of undervalued stocks and their possible positions within the main stock indices are considered. Large transnational corporations as examples from portfolios of private investors are considered. The results are summed up using the policy of financial leverage of companies in the domestic and foreign markets.
About the Authors
I. A. Koch
Kazan (Volga region) Federal University
Russian Federation
Russian Federation
Doctor in Economics, Professor
A. N. Garipov
Kazan (Volga region) Federal University
Russian Federation
Russian Federation
Student
B. A. Sabirov
Kazan (Volga region) Federal University
Russian Federation
Russian Federation
Student
A. A. Apakov
Investment department “Kartli”
Russian Federation
Russian Federation
Stock market specialist
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Review
For citations:
Koch I.A., Garipov A.N., Sabirov B.A., Apakov A.A. Use of fundamental multiplicators in the formation of the investment portfolio by individuals. Kazan economic vestnik. 2021;(2):78-83. (In Russ.)
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