4 articles
What is the difference between fundamental analysis and technical analysis? For NISM Series XV Research Analyst candidates, this is a core exam topic. This guide explains both approaches, their tools, time horizons, SEBI registration requirements, and limitations — with practice exam questions.
Understanding the Profit and Loss statement is a core skill for NISM Series XV Research Analyst candidates. This guide explains how research analysts read P&L statements line by line — from revenue to PAT — including EBITDA margin, interest coverage, and red flags to watch for.
The Price-to-Earnings ratio is the most widely used valuation metric in equity research. This NISM Series XV guide explains the P/E formula, trailing vs forward P/E, PEG ratio, sector benchmarks, and how research analysts interpret P/E in buy/sell recommendations — with exam practice questions.
Discounted Cash Flow (DCF) analysis is the cornerstone of equity valuation in the NISM Series XV syllabus. This guide breaks down the DCF formula, WACC, terminal value, and exactly how research analysts apply it — with a worked numerical example and practice exam questions.