This course is part of the Investment and Portfolio Management Specialization

4.2
stars
258 ratings

Arzu Ozoguz

27,726 already enrolled

Offered By

Investment and Portfolio Management SpecializationRice University

About this Course

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In this course, you will learn about latest investment strategies and performance evaluation. You will start by learning portfolio performance measures and discuss best practices in portfolio performance evaluation. You will explore different evaluation techniques such as style analysis and attribution analysis and apply them to evaluate different investment strategies. Special emphasis will be given to recent financial market innovations and current investment trends.  
After this course, learners will be able to:
•	Describe performance measurement measures
•	Evaluate portfolio performance
•	Describe and contrast different investment strategies
•	Propose investment strategy solutions

Flexible deadlines

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Shareable Certificate

Earn a Certificate upon completion

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Course 4 of 5 in the

Investment and Portfolio Management Specialization

Approx. 14 hours to complete

English

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Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 4 of 5 in the

Investment and Portfolio Management Specialization

Approx. 14 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.17/5 (24 Ratings)

Arzu Ozoguz

Finance Faculty

Jones Graduate School of Business

119,468 Learners

4 Courses

Offered by

Rice University

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Syllabus - What you will learn from this course

Week1

Week 1

4 hours to complete

Performance measurement and benchmarking

4 hours to complete

9 videos (Total 66 min), 7 readings, 3 quizzes

9 videos

Introduction and Welcome to class3mBrief review of measuring returns12mMeasuring dollar-weighted vs. time-weighted returns5mComputing excess returns over a benchmark11mCompounding excess returns: Geometric mean excess return8mBasic measures of risk8mMeasuring bad variation7mTracking error and residual risk6mSummary1m

7 readings

Grading Policy10mHow to use discussion forums10mPre-Course Survey10mLecture handouts: Comparing two portfolio returns10mComparing two portfolio returns- Quiz Solutions10mLecture handouts: Revisiting measures of risk10mRevisiting measures of risk- Quiz Solutions10m

2 practice exercises

Comparing two portfolio returns30mRevisiting measures of risk30m

Week2

Week 2

5 hours to complete

Active vs. passive investing: Risk-adjusted return measures

5 hours to complete

9 videos (Total 47 min), 8 readings, 2 quizzes

9 videos

Introduction2mSharpe ratio - Introduction to general notion4mConstructing the Sharpe ratio6mSortino ratio3mTreynor’s measure2mJensen’s alpha13mAppraisal ratio and information ratio5mComparing the risk-adjusted measures6mSummary1m

8 readings

Accompanying spreadsheet for "Jensen's alpha"10mAccompanying spreadsheet for "Appraisal ratio and information ratio"10m“The Sharpe ratio”, by William F. Sharpe10mThe Sharpe ratio and the information ratio10mLecture handouts: Risk-adjusted return measures10mInstructions for practice quiz10mSolutions10mActive vs. passive investing: Risk-adjusted return measures - Quiz Solutions10m

2 practice exercises

Risk-adjusted return measures1hActive vs. passive investing: Risk-adjusted return measures1h 30m

Week3

Week 3

6 hours to complete

Performance evaluation: Style analysis and performance attribution

In this module, you are going to learn to use two analytical tools that are widely used in practice to evaluate what the portfolio performance can be attributed to.

6 hours to complete

7 videos (Total 40 min), 9 readings, 3 quizzes

7 videos

Introduction2mStyle analysis7mStyle Analysis - Part II4mStyle analysis: How does it work?7mPerformance attribution7mPerformance attribution: Numerical illustration7mSummary2m

9 readings

Lecture handouts: Style Analysis10mStyle Analysis: Accompanying Excel spreadsheet10mAsset allocation: Management style and performance measurement10mStyle Analysis - Quiz solutions10mLecture handouts: Performance attribution10mTotal Portfolio Performance Attribution Methodology10mPerformance attribution - Quiz Solutions10mPerformance evaluation: Style analysis and performance attribution- Quiz Solutions10mEnd-Of-Course Survey10m

3 practice exercises

Style Analysis1hPerformance attribution1hPerformance evaluation: Style analysis and performance attribution1h 30m

Reviews

4.2

58 reviews

5 stars
57.14%
4 stars
22.77%
3 stars
6.56%
2 stars
4.63%
1 star
8.88%

TOP REVIEWS FROM INVESTMENT STRATEGIES AND PORTFOLIO ANALYSIS

by MPMar 26, 2021

Overall the course is good, but the course lacks teaching of practical questions and on how to solve the statistical problems in MS Excel.

by RDDec 5, 2018

I've tried a few courses that are similar and this one is better than average.

by SSOct 19, 2022

Excellent Primer course for someone already working in Financial domain

by NMSep 23, 2019

Expect a little more rigor and real life exercises

View all reviews

About the Investment and Portfolio Management Specialization

In this four-course Specialization, you’ll learn the essential skills of portfolio management and personal investing.

All investors – from the largest wealth funds to the smallest individual investors – share common issues in investing: how to meet their liabilities, how to decide where to invest, and how much risk to take on. In this Specialization, you will learn how to think about, discuss, and formulate solutions to these investment questions. You will learn the theory and the real-world skills necessary to design, execute, and evaluate investment proposals that meet financial objectives. You will begin with an overview of global financial markets and instruments that characterize the investment opportunities available to today’s investor. You will then learn how to construct optimal portfolios that manage risk effectively, and how to capitalize on understanding behavioral biases and irrational behavior in financial markets. You will learn the best practices in portfolio management and performance evaluation as well as current investment strategies. By the end of your Capstone Project, you will have mastered the analytical tools, quantitative skills, and practical knowledge necessary for long-term investment management success. To see an overview video for this Specialization, click here!

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

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Investment Strategies and Portfolio Analysis

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