This project is worth 70 marks.

•   Marks are allocated for presentation of assignment, analysis and written report.

•   Any assumptions that you rely upon must be clearly stated in the written report. Do not just state something without developing an argument or discussion.

Total Marks: 70

Formatting requirements:

•  Maximum of 10 sides of A4 (excluding tables, diagrams, references and appendices).

•  Word limit 4000 Max (excluding references and appendices).

•  Font size ≥ 11; Font face is Times New Roman.

•  Line-spacing 1.5 and minimum margin 2.54 cm in all 4 sides.

•  Submission is via Turnitin

•  Ensure you attach the assessment cover sheet as a frontpage to your assignment and the signed group cover form.

Learning outcomes associated with assignment:

This is a group/individual research assignment (a group of max 2 members)

You are expected to undertake research, analysis, take responsibility for your submission. Questions are linked – they are broken down into marks to assist you in structuring your answers and research.

1. Compare the types of equity securities that companies can use to raise equity capital and understand how share prices are determined.

2. Interpret international financial economic theories in relation to financial instruments and markets, including the effect on calculation of financial instrument prices

3. Ethics and behavioural finance

Group Project Cover Sheet - Integrated Financial Instruments & Markets

Contribution Key: (1) Did less than fair share, (2) Did fair share, (3) Did more than fair share. Recall that there is a 50% penalty if you did not contribute your fair share to completion of the project. Please use the comments section to note any comments you have on the way in which your team worked on the project, the structure of the project, and possible improvements for the project in future sessions.

Group/Individual Project Total 70 marks

Formatting [Total: 5 marks]

Five marks are allocated to the presentation of your assignment. For example, to receive full marks for your assignment you must adhere to the formatting requirements, provide well-presented and labelled charts (if appropriate) and include references.

Question 1 [Total: 26 Marks]

Envestnet Inc (NYSE:ENV) is a stock listed on NYSE.

You will consider the time-period and daily share price of the company for the period 1st of April 2022 until 10th  of August 2023.

Provide a bar or candlestick chart (or multiple charts) of the daily share price for the time period above. Identify at least three days, where news stories, events or issues related to the company have majorly impacted the share price. Evaluate and discuss the magnitude and direction of the price changes (opening to close) of the instances you have identified. Your answer should consider why the news/event/story impacted the share price in the manner that it did, as  well as  other  possible considerations  besides  the identified news articles that you believe would have impacted the share price.                (15 marks)

Next, use the chart created above and a technical analysis tool from learning module 4 to predict future stock price movements. What does your analysis indicate if you were an existing investor? (would you buy, sell or hold?). What does the usage of technical analysis mean for the theory of market efficiency?                        (11 marks)