NISM Series XV : Research Analyst Certification Exam Notes
Page 30 Of 62
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Principal - Protected Note (PPN) - PPN is a relatively complex debt product which aims at providing protection of the principle amount invested by investors, if the investment is held to maturity. Typically, a portion of the amount is invested in debt in such a way that it matures to the principal amount on expiry of the term of the note. The remaining portion of the original investment is invested in equity, derivatives, commodities and other products which have the potential of generating high returns
Fundamental analysis includes Economic analysis, Industry analysis & Company analysis
Technical analysis is based on the assumption that all information that can affect the performance of a stock, company fundamentals, economic factors and market sentiments, is reflected already in its stock prices.
Technical analysis is done to forecast the direction of prices through the study of patterns in historical market data - price and volume
National Income of an economy is defined through a variety of measures such as gross domestic product (GDP) and gross national product (GNP).