Evaluation of securities, its goals

click fraud protection

If securities are already present in the market, then to make the report and determine their value can not be easy and will take about two days.Stock quotes, issuer itself kind of security - factors influencing the estimated value.

Nowadays gaining popularity equity CB.This is also the action and they serve as the main product in the market.Evaluation of securities, stocks, evaluation of equity securities are exactly the same.Depending on the species, the income is paid (dividend):

- common stock, payments are made after the deduction of all taxes, that is, from the profits, and depend on the profitability of the company.Gives the owner the right to participate in the distribution of profits;

- preferred shares.There may be paid a lesser amount of the dividends, which stipulates in advance, and not on the profitability of the enterprise.In case of liquidation of the company owner can receive a portion of the assets of the enterprise, as well as to receive a portion of profits (dividends) over the years.At the request of the owner can be exchanged for common stock.

Evaluation of securities (bonds, notes, bills and other) made under certain circumstances: getting a loan (if the pledge are securities), the formation of the authorized capital of the company, the sale of the asset, determining the company's value in the market at the moment, emissionsCB (in this case it is assumed the presence of an independent appraiser).

If security was not previously on the stock exchange and there is no information about its value in the sale, then the valuation of the securities held after a thorough analysis:

- determined by its profitability;

- estimated wound environment at a given time;

- check the reliability of the issuer, its stability and financial condition.

rank securities, shares of the company, going to determine the share of the business, which in this case will be expressed in monetary terms.

action is the emission of the Central Bank, and provides the right to participate in managing the company and receive dividends.

securities valuation in monetary terms is defined by its emission value (primary market), par value (estimated at release) cost of the liquidation (the sale of the liquidated company) worth of exchange rate (determined by the market), the cost of redemption (to be paid for the purchase of the securities themselvesthe issuer), cost accounting (reflected in the balance sheet), the book value (determined by the financial documents at the rate of net income by the number of issued shares).

When working with securities there is the concept of "quotation of securities."In this case, the determination of the price is already happening simultaneously in three markets: the stock exchange, the primary and the "street".Taken into account the assessment conducted before the sale, the definition of the course, the publication and registration of these courses in exchange bulletins and various business publications.

securities valuation reflects their liquidity.Liquidity is determined by the speed of sales of securities on the stock exchange or outside it at the market price, which depends on the issuer's assets.In Russia, have high liquidity stocks: OAO "Gazprom", JSC "Norilsk Nickel", JSC "Mosenergo".