Essentials of Fusion Analysis

An increasing number of portfolio managers have realized that fundamental analysis alone often does not make the best investment approach. They have increasingly included the benefits of technical analysis. Also, the volatile trading markets have focused increasing attention on the proper blend of fundamental and technical analysis for a broad array of investors with various time horizons. Some call this new popular trend ''fusion analysis''. This workshop reviews some of the basic tools of fundamental and technical analysis. It is geared mostly to the equity investor, but covers some other asset classes such as fixed income and commodities. It then blends the best of both approaches to a successful investment strategy.

No sessions currently available. Contact client services to get the next available date.
CPE CREDITS
10.0
A must for professional profit-oriented traders, portfolio managers, and asset allocators.
No advance preparation required.
Students will be able to:
  • Realize the limitations of only using just fundamental or technical knowledge
  • Better attempt to time investment decisions using Fusion analysis
  • Blending both technical and fundamental tools one can better maximize profitable trades and execute capital preservation techniques
  • Take advantage of fusion analysis with quant investment disciplines and thus help avoid the mistakes of behavioral finance pitfalls
  • Skillful fusion investors should have better tools with which to outperform the market on a risk-adjusted basis
Technical Analysis or equivalent knowledge and a basic understanding of finance.
SESSION 1
  • Market Return/Risk characteristics within the context of the Efficient Maker Theory
  • Major market valuation models will be compared to major technical models in terms of Bur/Sell points
  • Value and Growth valuation theories
  • Fama and French fundamental investment concepts
  • Fed Model;T Rowe Price indicator for small-cap stocks
  • The valuation models will be discussed with such technical concepts as Dow Theory, Head and Shoulders, Elliot Wave, and Cycles, MA, Volume confirmations, and Sentiment.

SESSION 2
  • Bottoms up stock picking valuation models
  • Gordon Growth and its translation to traditional valuation techniques
  • Events in fundamentals will be combined with opportunistic trades from technical inputs
  • Events in fundamentals will be combined with opportunistic trades from technical inputs
  • These inputs will include: Technical trading signals-Triangles, Bottoms/Tops, Rectangles, Flags, Climax, Trend/Speedlines, Retracements, Gaps, Saucers, MACD, Bollinger, Stochastics, RSI

SESSION 3
  • Intermarket analysis in terms of investing in hedges, spreads, derivatives.
  • Valuations between fixed income and equities, versus technical buys in one market but corresponding sells in another market.

SESSION 4
  • Put technical and fundamental tools into practice
  • Introducing Quant Screens/Artificial Intelligence techniques, along with some Behavioral Finance tools.
  • Screening methods with specific factors to select stocks, both technically and fundamentally
  • Trading considerations will be discussed, as well as some topics on using Derivative Strategies

Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

Lunch is included for all students taking day classes.