May 2013

In this lecture we describe what is meant by ‘free float’ stock, how it is defined, why it is a useful measure, and where it is used by index construction companies and exchanges for different purposes.

We explain why free float capitalisation is different from total market capitalisation and which three groups are placed into the ‘non-free float’ category.

The full YouTube playlist of Securities Investment 101 lecture videos can be found by clicking here.

Please read our disclaimer.

{ 0 comments }

In this lecture we create two different indexes from the same initial company information.

The first index is a price-weighted index, which rises, due to the disproportionate effect of large share price changes in small companies.

The second index is a market-capitalisation-weighted index, which falls, due to the disproportionate effect of share price falls in large companies.

After discussing the mechanism between the construction of the two major index types, the lecture also briefly mentions total return indexes, price return indexes, net price return indexes, and a small reference to the concept of a free float.

The Excel Library video mentioned in this lecture, to help comment Excel cells with their formulas, can be found here:

The full YouTube playlist of Securities Investment 101 lecture videos can be found by clicking here.

Please read our disclaimer.

{ 0 comments }

Introduction to Stock Indexes, Lecture 005, Securities Investment 101

May 29, 2013

Moving on from types of share, this is the first of two lectures introducing indexes. In the second lecture, we will concentrate on the construction of indexes. In this first lecture, we will cover the major purposes of stock indexes and discuss several of the key global indexes, such as the Dow Jones index, the […]

Read the full article →

Rights Issue Calculator, Excel Library

May 29, 2013

In this MithrilMoney Excel Library video, we create a straightforward Rights Issue calculator for determining actions in corporate action rights issues. Topics included cover Theoretical Ex-Rights Price, Nil Paid Price, Subscription Price, and Splitting your Rights. The full YouTube playlist of Excel Library lecture videos can be found by clicking here. Please read our disclaimer.

Read the full article →

Types of Shares, Part III, Lecture 004, Securities Investment 101

May 25, 2013

This is the final part of our Types of Shares section, on the Securities Investment 101 course. In this video we discuss proxy voters in company meetings, partly-paid shares, registered shares versus bearer shares, and then finish off with special types of preference shares. The preference share types mentioned include cumulative shares, redeemable shares, participating […]

Read the full article →

Types of Shares, Part II, Lecture 003, Securities Investment 101

May 25, 2013

This MithrilMoney lecture continues our discussion on the different types of shares, in our Securities Investment 101 course. We further explore liquidation ranking, and why different levels of risk and seniority should mean different expected levels of return and reward. Liquidation preference is covered, which is of particular interest to angel investors, and we begin […]

Read the full article →

Types of Shares, Part I, Lecture 002, Securities Investment 101

May 25, 2013

Continuing our MithrilMoney training course, Securities Investment 101, this video explores the different features and types of shares. We discuss the basic legal and investment differences between bond and share securities, the difference between registered securities and bearer securities, and the main difference between ordinary shares and preference shares (mentioning redeemable shares along the way), […]

Read the full article →

Commenting Excel Cells with VBA, Excel Library

May 24, 2013

In this MithrilMoney Excel Library video, we explain how to use Excel’s built-in VBA programming environment to create a tool which can comment all the formulas in Excel spreadsheets. No knowledge of VBA programming is required. The code segment mentioned in the video is as follows: The full YouTube playlist of Excel Library lecture videos […]

Read the full article →

Course Introduction, Lecture 001, Securities Investment 101

May 24, 2013

This is the course introduction for the MithrilMoney training course, Securities Investment 101. The video explains who the course is intended for, the very raw basics of what a ‘security’ is, and what will be covered in the complete course. Next video, Types of Shares, Part I, Lecture 002 The full YouTube playlist of Securities […]

Read the full article →