US Equity Market Structure (6): Instant Replay – Tracking an Order from Start to Finish
US Equity Market Structure (6): Instant Replay – Tracking an Order from Start to Finish
Michael "Shoe" Xu
US Equity Market Structure (5): The Plays – Order Types and Algorithms
US Equity Market Structure (5): The Plays – Order Types and Algorithms
US Equity Market Structure (4): The Players – Broker-Dealers and Investors
US Equity Market Structure (4): The Players – Broker-Dealers and Investors
US Equity Market Structure (3): The Ball – Publicly Listed Stocks
US Equity Market Structure (3): The Ball – Publicly Listed Stocks
US Equity Market Structure (2): The Playing Field and Referees – Exchanges and Other Trading Venues
US Equity Market Structure (2): The Playing Field and Referees – Exchanges and Other Trading Venues
US Equity Market Structure (1): The Rulebook and Regulators
basics of the us equity market.
How to Understand Cash Inflow and Outflow
Understanding the eight combinations of cash inflow and outflow.
Case Study: Financial Analysis of a Paper Manufacturing Company
A case study of an actual company, covering return on assets, net profit ratio, total asset turnover, etc.
Can shareholders only care about Return on Equity and NOT Return on Assets? (Hint: NO!)
As a shareholder you might be tempted to care only your part of the investments, i.e. return on equity. This post explains why that doesn't work.
Finally...What is "Making Money"?
Using return on invested capital, WACC, and economic profit to understand what qualifies as "making money". Plus economic profit vs. net profit.
WACC: A Common Way to Calculate the Cost of Invested Capital
Previously we've covered how to calculate return of invested capital and the absolute value of such investment in a company. Here we will see how to get the cost of invested capital using WACC.
What is a Good Company from Calculating Economic Profit?
Judging whether a company is good or not purely from its profitability could be disguising. Like everything in this world, even growth and profit have costs, and that's the cost of invested capital.