This diploma thesis deals with theoretical and practical aspect of the Forex market and all important information that is necessary for its understanding and trading on this market, focused on intraday trading with automated trading system. The main goal of this thesis is to create whole information source for beginner forex traders and to describe them all trading risks and the ways how to reduce these risks, for example through the using of money management and creating suitable automated trading strategy. The next part describes fundamental, technical and partly psychological analysis. This part is mainly focused on technical analysis and describing well known and the most widely used indicators of technical analysis. Based on gained knowledge, several automated intraday trading strategies suitable for small initial capital on the most liquid currency pair EUR/USD are designed, tested and evaluated. These strategies are based on technical indicators and its combinations.

The aim of this thesis is to evaluate the financial situation of the company A.W. spol. s r.o. and with the help of the tools of the financial analysis and under its results propose appropriate measures which will lead to the improvement of the financial situation and to the increase the competitiveness of this company.

The thesis deals with the analysis of the management of the Dalešice brewery. The thesis is focused on the financial aspect of the company, which is analyzed by using financial analysis tools and the non-financial factors that influence the existence of the brewery. The results of the financial indicators are compared with the results of the whole brewing industry. Based on the analyzes, solutions are proposed to eliminate possible inefficiencies and recommendations for the future development of the brewery.

O tema sustentabilidade tem sido mais valorizado à medida que a humanidade começa a perceber as consequências em desprezar as leis de equilíbrio natural dos recursos disponíveis. A partir daí, reorganizar as formas de produção em vistas do melhor aproveitamento de subprodutos, bem como focalizar os esforços e recursos em fontes renováveis de energia, são pontos cada vez mais importantes. A matriz elétrica brasileira é predominantemente de origem hidrelétrica; porém, outras fontes de energia, inclusive geradas a partir de resíduos, também têm recebido maior atenção no Brasil. Nesse contexto, o objetivo geral desta pesquisa é avaliar a viabilidade sócio-ambiental e econômica de alternativas de produção energética a partir de subprodutos do sistema sucroenergético. A presente pesquisa é do tipo qualiquantitativa, aplicada, envolvendo a caracterização e comparação das diversas alternativas, a partir de variáveis de custo, produção, logística, emissões, recolhimento de impostos, eficiência energética, dentre outras. Para a coleta de dados primários foram realizadas entrevistas com gestores e técnicos de usinas do setor sucroenergético, pesquisadores da área, bem como responsáveis por políticas públicas no tema de estudo. Para a coleta de dados quantitativos, foram utilizados formulários, a fim de levantar dados referentes a volume de resíduos produzido, produtividade energética das alternativas, custos de implantação e de outros processos e variáveis relacionados. As análises quantitativas dos dados foram realizadas a partir da aplicação de um modelo de Simulação de Monte Carlo e análises de sensibilidade, dentro do contexto da metodologia RBMCA (Risk-Based Multi Criteria Assessment). Para as análises econômicas de viabilidade do investimento, foram utilizadas técnicas de matemática financeira, como Coeficiente Benefício/Custo (B/C) e Valor Presente Líquido (VPL) das alternativas. Como resultado, a pesquisa permitiu trazer à realidade do setor sucroenergético brasileiro uma metodologia de análise de viabilidade que leva em consideração o risco envolvido nas variáveis consideradas, a RBMCA, aplicada sobre projetos envolvendo o bagaço, a vinhaça e o palhiço. Permitiu ainda verificar o direcionamento das pesquisas realizadas sobre alternativas de aproveitamento dos subprodutos sucroenergéticos e a disponibilidade de informações referentes a aspectos socioambientais dos projetos envolvidos nas análises. Ao final da aplicação da metodologia, foi possível verificar que há uma diferença de viabilidade dos projetos que torna necessário o aprofundamento das pesquisas dedicadas a levantar aspectos socioambientais e de viabilidade técnica de mais projetos que possam ser implantados. / Sustainability has been more valued as humanity begins to realize the consequences for disregarding laws of balance of natural resources. Then, rearranging production ways and processes in view of better utilization of by-products, as well as focusing efforts and resources on renewable energy sources are becoming increasingly important points. The Brazilian energy matrix is predominantly hydroelectric but other energy sources including the ones generated from wastes also have receives increasing attention in Brazil. In this context the objective of this research is to evaluate socioeconomic and environmentalfeasibility of alternativesfor energy production from sugarcane by-products. This type of research is qualitative and quantitative, applied, involving the characterization and comparison of various alternatives, as cost variables, production, logistics, emissions, tax payment, energy efficiency, among others. For primary data collection, interviews were conducted with managers and technicians of sugarcane industry, researchers and policy makers in the field of study. To collect quantitative data forms were used in order to collect data regarding the volume of waste produced, energy productivity of alternatives, implementation costs and other related processes and variables. Quantitative analyzes of data were performed by the application of a model of Monte Carlo simulation and sensitivity analyzes within the context of the methodology RBMCA (Risk-Based Multi Criteria Assessment). For economic feasibility analysis of investment were applied financial mathematic techniques, such as coefficient Benefit / Cost (B / C) and Net Present Value (NPV) of the alternatives. As a result, the research allowed bringing to Brazilian sugarcane industry reality a methodology of feasibility assessment that takes into account the risk involved in the variables considered, the RBMCA, applied to projects involving bagasse, vinasse and straw. Research also allowed to check the direction of researches dedicatedto analyses alternatives uses of sugar and ethanol byproducts and availability of information regarding the environmental aspects of the projects involved in the analyzes. At the end of methodology application, it was possible to verify that there is a difference in projects feasibility which makes necessary the research development dedicated to raising environmental aspects and technical feasibility of more projects that can be deployed.

Performance analysis is an objective method of gathering the data of performance, and generally transforms these observations into numerical data. Performance indicators, as well as a selection or elements of sucessful outcome, have often been used in order to feedback augmented information in performance analysis systems, but they have rarely been considered within the classification of performance analysis systems based on timing of analysis and feedback. The main aim of this study is to investigate performance indicators used within real-time and lapsed time systems so that the definitions of the performance indicators, the effectiveness of the performance indicators, their reliability and validity within real time analysis systems can be analyzed.

The objective of the dissertation is confrontation of influence of different methodics on the financial health of a company on ranking of a company. Selected models of financial health classify the file of 149 agricultural companies. Particular task is to determine 5 agricultural companies with the best indicator of financial health and 5 companies with the worst indicator. At this chosen file of five best and five worst companies is subsequently evaluated rate of weighted factors on the overall value of financial health. At the same time the influence of one and two indicators on the overall financial health of a company is analysed. Ascertained results are processed/compiled in the form of charts and are verbally commented.

O tema sustentabilidade tem sido mais valorizado à medida que a humanidade começa a perceber as consequências em desprezar as leis de equilíbrio natural dos recursos disponíveis. A partir daí, reorganizar as formas de produção em vistas do melhor aproveitamento de subprodutos, bem como focalizar os esforços e recursos em fontes renováveis de energia, são pontos cada vez mais importantes. A matriz elétrica brasileira é predominantemente de origem hidrelétrica; porém, outras fontes de energia, inclusive geradas a partir de resíduos, também têm recebido maior atenção no Brasil. Nesse contexto, o objetivo geral desta pesquisa é avaliar a viabilidade sócio-ambiental e econômica de alternativas de produção energética a partir de subprodutos do sistema sucroenergético. A presente pesquisa é do tipo qualiquantitativa, aplicada, envolvendo a caracterização e comparação das diversas alternativas, a partir de variáveis de custo, produção, logística, emissões, recolhimento de impostos, eficiência energética, dentre outras. Para a coleta de dados primários foram realizadas entrevistas com gestores e técnicos de usinas do setor sucroenergético, pesquisadores da área, bem como responsáveis por políticas públicas no tema de estudo. Para a coleta de dados quantitativos, foram utilizados formulários, a fim de levantar dados referentes a volume de resíduos produzido, produtividade energética das alternativas, custos de implantação e de outros processos e variáveis relacionados. As análises quantitativas dos dados foram realizadas a partir da aplicação de um modelo de Simulação de Monte Carlo e análises de sensibilidade, dentro do contexto da metodologia RBMCA (Risk-Based Multi Criteria Assessment). Para as análises econômicas de viabilidade do investimento, foram utilizadas técnicas de matemática financeira, como Coeficiente Benefício/Custo (B/C) e Valor Presente Líquido (VPL) das alternativas. Como resultado, a pesquisa permitiu trazer à realidade do setor sucroenergético brasileiro uma metodologia de análise de viabilidade que leva em consideração o risco envolvido nas variáveis consideradas, a RBMCA, aplicada sobre projetos envolvendo o bagaço, a vinhaça e o palhiço. Permitiu ainda verificar o direcionamento das pesquisas realizadas sobre alternativas de aproveitamento dos subprodutos sucroenergéticos e a disponibilidade de informações referentes a aspectos socioambientais dos projetos envolvidos nas análises. Ao final da aplicação da metodologia, foi possível verificar que há uma diferença de viabilidade dos projetos que torna necessário o aprofundamento das pesquisas dedicadas a levantar aspectos socioambientais e de viabilidade técnica de mais projetos que possam ser implantados. / Sustainability has been more valued as humanity begins to realize the consequences for disregarding laws of balance of natural resources. Then, rearranging production ways and processes in view of better utilization of by-products, as well as focusing efforts and resources on renewable energy sources are becoming increasingly important points. The Brazilian energy matrix is predominantly hydroelectric but other energy sources including the ones generated from wastes also have receives increasing attention in Brazil. In this context the objective of this research is to evaluate socioeconomic and environmentalfeasibility of alternativesfor energy production from sugarcane by-products. This type of research is qualitative and quantitative, applied, involving the characterization and comparison of various alternatives, as cost variables, production, logistics, emissions, tax payment, energy efficiency, among others. For primary data collection, interviews were conducted with managers and technicians of sugarcane industry, researchers and policy makers in the field of study. To collect quantitative data forms were used in order to collect data regarding the volume of waste produced, energy productivity of alternatives, implementation costs and other related processes and variables. Quantitative analyzes of data were performed by the application of a model of Monte Carlo simulation and sensitivity analyzes within the context of the methodology RBMCA (Risk-Based Multi Criteria Assessment). For economic feasibility analysis of investment were applied financial mathematic techniques, such as coefficient Benefit / Cost (B / C) and Net Present Value (NPV) of the alternatives. As a result, the research allowed bringing to Brazilian sugarcane industry reality a methodology of feasibility assessment that takes into account the risk involved in the variables considered, the RBMCA, applied to projects involving bagasse, vinasse and straw. Research also allowed to check the direction of researches dedicatedto analyses alternatives uses of sugar and ethanol byproducts and availability of information regarding the environmental aspects of the projects involved in the analyzes. At the end of methodology application, it was possible to verify that there is a difference in projects feasibility which makes necessary the research development dedicated to raising environmental aspects and technical feasibility of more projects that can be deployed.

The goal of the thesis is to analyze the financial situation of the company Pivovary Staropramen a.s. and to establish its efficiency for the needs of the management. Using the methods of financial analysis, the thesis means to identify the factors which determined the present financial results and find such solutions, that would lead to the improvement of the company results for the future.

The aim of this thesis is to evaluate the performance of the company Philip Morris ČR. The evaluation is done for years 2006 to 2011. The first theoretical part describes methods and principles which are used in practical part. All information in this part have been obtained from literature. The financial analysis in the second part contains horizontal and vertical analysis of the balance sheet and the statement of income, the ration indicators, the balance rules, creditworthy and bankruptcy models, Du Pont analysis, analysis of the Economic Value Added, and company comparisons. In the conclusion, the overall summary is carried out and possible recommendations that could lead to improvements are mentioned.

Subject of this master´s thesis is the analysis of the chosen company RALU. Using the financial analysis and the analyses of external and internal environment of the company, the actual company condition is determined and on the basis of these results, some suggestions that lead to improvement of company’s status on the labour are proposed.