NISM PMS Distributors ( NISM 21A ) Certification Exam Notes
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WACC: Weighted average cost of capital, used in FCFF valuation.
Technical Analysis: Forecasts price movements using historical price and volume data.
Chartists: Technical analysts using price patterns to predict trends.
Moving Averages: Smooth price data to identify stock price trends.
Market Price: Determined by supply and demand interactions.
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