The diploma thesis deals with the effectiveness of chosen fundamental analysis valuation methods on a sample of stocks. The sample consists of stocks traded on the Prague Stock Exchange and on the New York Stock Exchange. The Czech part of the sample consists of stocks of ČEZ, Erste Group Bank, Komerční banka, Philip Morris ČR and Telefónica O2. The American part of the sample includes stocks of Coca Cola, General Electric, Intel, Southern Company and Bank of America. These stocks are valued by dividend discount models and cash-flow models stepwise to the end of the years 2005 and 2006. As regards the dividend models, the Gordon model, the three-stage model and the H-model are applied whereas within the cash-flow models the DCF equity method was chosen. The effectiveness of the valuation process was subsequently tested over the course of three years by comparing the particular stock returns and the returns of the market portfolio represented by market index. The evaluation of effectiveness is then done in terms of the absolute, the relative and the portfolio effectiveness.

This graduation theses provides on the basis of an analysis fundamental and technical investment recommendation regarding shares of ČEZ. In determining the internal value of shares are used dividend discount models, profit models and FCFE model. By comparing this value with the current share price is determined whether the stock is profitable investment or not. Technical analysis with utilization graphical methods and technical indicators are able to predict when the market occurs a situation in which an advantageous sale or purchase of share is.

The aim of the diploma thesis is to compare valuation methods and models for individual companies operating in different sectors. Part of the thesis deals with the defining particular specifics of financial institutions, commodity companies and cyclical companies, followed by the application of the valuation methods and models, including the determination of the intrinsic value of the company. At the end of the thesis there is a final discussion about the findings and results.

The Diploma Thesis deals with influence of announcing economic indicators on currency exchange rate AUD/USD. The Thesis focuses on fundamental news announced in Australia, USA and China, as these play a significant role in forming of analyzed currency exchange rate. The first part includes general description of fundaments, explanation of investor's psychology, description of world's most important banks, because the financial world waits for their announcements and reacts upon them. Next subchapter of thesis focuses on central bank of Australia and its monetary policy. The research itself is situated in the second part of the thesis, containing testing the influence of fundamental news on logarithmic return of exchange rate AUD/USD, using linear regression analysis. The objective of this part is to find out what is the influence of news on exchange rate return of AUD/USD. The last part examines whether investing strategies based on announcing fundamental news can bring profit to the investor or the efficient market theory will be confirmed.

This master´s thesis is focused on the analysis of risks, nowadays it is important that companies implement preventive identification and analysis of risk and eliminate these risks. In this thesis will be performed selected analyzes of the company, identyfying the risks that resulting form the analysis and design of measures to reduce certain risks.

The diploma thesis contents complex investigation of concrete company. Implementing regular identification of risks,its analysis and elimination is very important for the company. The main information‘s pillars are analysis of internal and external ingluences which can have powerful impact and influence for the company. Base on these analysis there can be identify potential risks and their precautions for decreasing of total diversified risks.

This master thesis deals with creation of a stock portfolio based on the economic results of the issuers listed on US stock market. The theoretical part describes basic terms and theoretical basis of financial markets and stock analysis. The practical part includes fundamental analysis based on selected methods and financial indicators. At the end there is proposal of appropriate stock portfolio structure.

Master’s thesis deals with fundamental equity analysis with focus on to make the best investment in the chosen field into the selected equity companies.

The aim of the diploma thesis is portfolio optimalization of middle-sized investor. His assets are placed into repo and shares. Shares are selected from the range of blue chips in czech and german stock market, that means from securities contained in PX index and DAX index. This selection is based on fundamental and technical analysis. The portfolio in foreign currency is hedge against downtrend of exchange rate by knock-out product. The final part of the thesis belongs to appreciation of assembled portfolio.

The master’s thesis deals about portfolio securities optimalization on Prague stock exchange. After the theoretical part follows global fundamental analysis with the guess of market trends. Next part describes fundemantal analysis on the association´s level. On the basis of fundamental analysis results was created optimized securities portfolio.