RISK MANAGEMENT & SECURITY ANALYSIS Revision | CA/CMA Final SFM | By CA Ajay Agarwal AIR 1

Topics Coverage:
Risk Management - Standard Normal Distribution Table, Value At Risk (VAR)
Security Analysis - AMA/SMA, EMA, Efficient Market Theory, Run Test, Auto Correlation Test
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[@titlisen7235]

This is how my maths teacher taught me in class XI and XII , and my 20K SFM teacher confused me in a different way ... Ajay Sir thank you so much for this concept to be easily explained and justified ...

[@akhilakki3542]

its ur mistake....

[@titlisen7235]

@@akhilakki3542 I agree .. Trusting a teacher like him is not just mistake but a crime

[@devvratsinghshekhawat7593]

@@titlisen7235 sanjay saraf lol

[@smitasantuka9311]

WORD, BRO, WORD! Kya toh padhaaya unhone yeh chapter 🥲🥲🥲

[@peekayplayzzz]

❤❤

[@sakshicafinal4893]

Time Stamps:
Standard Normal Distribution Table (Z-Score) : 21:49
VAR : 42:00
Security Analysis (Intro) - 01:02:53
Simple Moving Averages- 01:10:25
Exponential Moving Averages- 01:19:27
Efficient Market Hypothesis- 01:32:22
Runs Test- 01:45:20
Auto Correlation Test- 02:04:07
Thankyou so much Sir!

[@RokdaMaker]

Thanks Sakshi

[@eshanvemuri4001]

Thanks

[@rushabhshah8122]

(Concept -to be read with notes )
Probability of anything can be found out by looking at how far (in times) it is from the average value. Assumption is that the data is normally distributed on both sides. However, units of things are different and diverse. Hence data should be unit-free to use the common table. We need” Unit-free data”. Probability can change negligibly or a lot depending on the unit of the data used. 1-2 rupees won’t make any difference but 1-2 runs different in match score can make huge difference. To make anything unit-free, in maths, divide the item by the same unit. Data should be unit-free and relative. So, we divide by standard deviation of the data. “standard deviation ka ____ times dur hai average value se”. [can be in -(negative) times also].
Required value denoted by x
Average value denoted by mew.
Data can be from minus infinity to infinity. Total data probability 1 i.e. 100%. Probability of whole curve is 1.
Average is the central value. Equal chances (50%) either side. .5 in decimal terms.
Line is like number line. At avg. value, z=0. Always solve by making diagram.
Left to right denotes lower to higher.
Find out required value. Look at data given in question. Adjust data as per requirement and solve accordingly.
Cumulative is one side completely and uptill Z on the other side.
Tail represents “z score ke bahar ka value.”
Value search in table..Row by column.
VAR from 42:00 onwards
VAR concepts---
Investment advisory services point of view.
Amount of investment is the average value in the curve.
Assurance possible maximum upto 99% confidence level. (As guarantee i.e. 100% is not possible).
For maximum loss .. always look at “cumulative” table .
“X - mew” represents maximum loss ie VAR .(conceptually) (actual formula is different though).
Standard deviation is given in daily terms and percentage terms in practical life and in exam. Therefore, we need to multiply by investment amount and by square root of number of days(time).
Standard deviation is derived from square root of Variance.
Security Analysis from 1:03:10 onwards.

[@sri1959]

Thank you

[@janvikuruwa9290]

This is so beautifully designed to explain the concepts in a short format in less time! Thank you so much for your efforts!! 🤩

[@PuRu_ButterfingersCricket]

Feeling confident and comfortable after watching this lecture. The concept has been conveyed without the statistical cacophony in a fashion befitting the understanding of those who might not be well versed with statistical methods. Kudos to Mr. Ajay Agarwal.

[@Geeks98]

You guys are just a master piece of creation
Me and my friends and some of library guys are having doubt about this Z NORMAL DISTRUBUTION ,
Yesterday we spoke about this and we are clueless on how to find the right one for us.
Today I came across this video where u spoke about that Z TABLES , my doubt was fully cleared
You are just amazing .
Thankyou so much sir ❤🎉

[@meghashah7734]

Sir your sfm revision lectures helped a lot. I cleared my CA final exams in nov 22 and a big thanks to you

[@user-ob1xc4qx3c]

U have taken classes from others faculty or by Ajay Bhaiya only??

[@aayushgupta4493]

I have studied a normal distribution table many times before studying it in CA finals just for curiosity purposes, but I have to say that I have understood the shape and z score today only. I am sure that this learning will be helpful to me for my future statistics learnings.

[@chadarrohit97]

Thank you so much Ajay sir for your amazing AFM revision lectures, marathons, ABC analysis, Important questions list and thorough guidance. I'm a CA now in May 24 attempt.
AFM se mujhe dar tha, par aapne wo dar khatm kr dia sir!
Aspirants who are watching this: I'd highly recommend Ajay sir as a Go To for AFM! All the best! Radhe Radhe!

[@aaquibraza5600]

There are some people who use fancy words just to convey simplest of things, Ajay is the odd one out. So much said without saying too much. Thank you.

[@ayushigoyal8746]

The conceptual clarity that you have and the way you explain is really amazing🔥🔥

[@angadkumarshaw8236]

Ajay Bhaiya I have also completed M. Com from Calcutta University. Z Score was also there but still I have learned this formula our College professor also told to learn this without giving it's logic.
Thank you sayad ye formula ab hamesha yaad rahega agar bhul bhi gaya to iske logic se find out kar lunga

[@cavishakhapaliwal]

Radhe Radhe to our saviour

[@anjalihande1923]

You r God of AFM ....u really made subject easy.

[@vikasbhanushali2814]

This is not just a revision video rather a proper full fledged lecture covering 2 two topics very nicely. Able to solve all practical problems as well in the Study Mat too. Thanks Atul Sir

[@kowsalyakannan2016]

Thank you so much sir
I was weak in this area and I didn't got better video than urs in utube and mainly Ind as 109 mein Mujhe confident aapki revision lecture Aur Qn bank ki vajhe se bada hua
Very very thank u sir

[@shreyaagarwal831]

The ease with which you explain everything is too good! Thank you so much sir🙏🙏

[@milanpatel3375]

Thank you sir for explaining in lucid manner 42 minutes me sara distribution ho gya❤

[@bhavsarsejal5128]

itna to koi teacher regular lecture me bhi nahi samjate h... awasome revision sir🔥🔥 ab kabhi risk management ke formulas ratne nahi padege thank you very much sir✌✌

[@Yashkhandelwal08]

Aisa risk management nahi dekha kahi, itni clearity se!

[@Bhavyagandhi_9]

This is a Masterpiece🔥The way you explained the formula of VAR and its derivation step by step is fabulous.
The doubts regarding Z score and Normal distribution table are totally cleared. Hats off to you sir 🙏🙌
A BIG THANK YOU FOR THIS AMAZING LECTURE 🙌🙌

[@air1caajay]

🙏😊

[@adityanigam3429]

For the 1st time i have understood this standard distribution table in such a easy manner

[@RahulSingh-ej9jf]

Sir yeh Z score aapne bohot badhiya se bataya hai . Loved it 👍👍

[@jkr2541]

Random table taught so simply. Also the moving averages explanation in conceptual way is great. Thanks

[@nb94]

This lectures are far better than a regular class of 18k .. Thank you sir .. Truly gem of CA industry ❤

[@akashbatra2141]

Where can we find the notes.?
It is not available in the free resource section.

[@mkchawla]

1:32:23 Efficient Market Hypothesis
1:07:00 Technical Analysis (EMA explanation here)

[@lokeshemandi2757]

Hello sir if no of days for Exponent calculation not given in question which contains "no trading" days also, then we should consider no of days for calculating exponent after excluding no trading days or we should consider all days including no trading days while calculating Exponent ?

[@manalijain1558]

pehli baar ye chap actual me samjh aaya, ratt ratt kar thak gye the sir (ykwim) thanks alot sir💯

[@rambadiger9881]

each and every point explained with concepts

[@suhanimittal8035]

I never understand VAR before but now it seems so easy

[@impactcommerce]

sir you are the best
main kitte dinno se var aur ema ka concept smjhna chahta tha bohot teacher ke video dekhhe question v kiye but concept kv ni smjha
thank god yeah revision video main dekhna shuru kiya warna wahi hota harr attempt ki trhbut iss baar confidence andr se aa rha hai

[@neershah113]

Thank you ajay bhai, full achhe se samaj mein aa gaya from revision video ❤❤❤

[@suyashmahajan282]

2:07:20 to 2:08:07
Deciding Market Efficient or inefficient based on Correlation No.

[@lusiferrefisul2580]

GURUJI FOUNDATION MAI NORMAL DISTRIBUTION BOUNCER GAYA AAB AAPNE HOOK KHELNA SIKHA DIYA AAB TO BAS BALL AYE DEEP BACKWARD POINT PAR SIX HI MARUNGA........

[@shaifalisinghal4276]

Can't thank you enough 🙏🏼🙏🏼🙏🏼

[@rak1486]

Thanks a lot, very logical and crisp explanation

[@kunalgautam2485]

Sir correlation will be zero
That means we can't predict bcz of no relationship
So it's a situation of strong efficiency na

[@rahulyp837]

Yes beta

[@cashivaniagarwal124]

DOUBT: Z-score ya probability calculate karke usko 4 decimals tak lenge ye aapne round off wale video mai bataya tha. My doubt is kya wo 4 decimals ko as it is lenge ya unke aage ke number ke hisab se round off karke?
Eg.: 0.280384 ko 0.2803 lenge ya 0.2804?

[@nightmaregaming2378]

If 5th digit greater than 5...round off the 4th digit.. Vice versa so take 0.2804

[@Cawithdreams]

Itne ache se dekhne k baad sabhi vedios I analysis aap beach beach mein muskarane ki kosis kar rhe hai jese computer pe koi reminder lga ho smile karna hai 😂
Thanku so much for this kind of clarity in concept 🙏❤️

[@gauravdubey4822]

33:56 one tail cumulative

[@stexclusive773]

Radhe radhe guruji..... VAR ache se smjh aa gya ....bahut bahut dhanyawaad 🙏

[@Ravi-mk9rm]

Thank you sir

[@ca_arjunmanoj9303]

Thank you so much Bhai❤🙏, You Both are doing your level Best💯💯Take Care of your Health Bhai👍

[@wemumbaikars1201]

Finally mera Risk management & Security analysis khatam hua! Thanks Radhey Radhey 🙏

[@ishikawadhwa702]

Thanku so much sir for such an amazing understanding of the concept 😊😊

[@pawanperala9248]

Dear Sir,
Thank you, Atul Sir, and the entire team for your commendable efforts in simplifying the CA course. However, I have a concern. While students are watching your lectures and referring to your Concept Notes and Question Bank, we are finding it difficult to link the solutions in the Question Bank with the concepts outlined in your notes, as they align more with the ICAI material.
I kindly request that you revise the solutions in the Question Bank to better match your Concept Notes, allowing students to fully benefit from their purchase. This adjustment would further ease the CA course for us.
Please do not delete this comment. 🙏🏻

[@AtulAgarwal]

You can take regular class for that, each question is solved in detail according to notes

[@chiragbapna9339]

Really suprb sir ......
Please sir derivative revision please .....🤟🏻

[@anushapa4305]

30:47 different area
Thanks a lot sir

[@Muskan1_5]

42:00 continue from here

[@kishu4601]

1st time I understood

[@sakshijain5857]

Sir no one like uhh...sir u r great sir... thank you so much sir.....🥺🙏🙏

[@nimishaarora6523]

Sir u are amazing ❤thanks for everything

[@CADarpanJain]

What a Legend! What a Legend!

[@anuraggupta-oq4vr]

sir is revision video value at risk jo 2 shares ka ques. sm mein diya woh apne solve nahi karya hai sir plz solve kara dejiye sir

[@rupesh8472]

Sir, Thankyou so much for helping us to complete these topics in a very crisp way , tq sir.

[@rachana8820]

Thank you sir❤🙏

[@nishishah3486]

Thank you sir. I am grateful. I got my concepts clear.

[@impawancool]

Waaa
RADHE RADHE

[@memories2277]

You are literally a darling ✨

[@Vaibhavnatkhat12]

1:02:52 security analysis

[@rishikamriya5257]

Thank you so much sir 🙏🏻

[@mayankgupta7936]

Hatts off to your efforts

[@venkateshpareek4956]

Security Analysis 1:02:55

[@jyotii_sahu]

Hats off to you and your knowledge...🙌

[@RajshekarIengar]

Thank you so much Sir
Radhe Radhe🙏

[@user-xc3hl6sq3e]

Radhe Radhe🙏

[@varunkumarvijjapu7055]

Sir in board book for sigma there is a lengthy formula can we use your mue-1 *mue-2 formula there.will marks me deducted?

[@hgamer9497]

Sir, if direct right shares value and right factor nikala without formula writing to chalta h na

[@divyankgyanchandani2506]

Thanks a lot !!

[@birendrajayanti]

Kindly provide link of notes.. Thanks in advance

[@creative98765]

1:00:00

[@NikithaPJain]

1:38:35 Levels of market efficiency

[@gauravjain677]

Radhe radhe bhaiya❤️

[@sonu-pn6wm]

42:00-1.00.00
1:19:00 to 1.32.00
1:44:00
Solve VAR last question
Solve Run test question
Just see through the Auto question.

[@christeena1255]

Once there was a time when i also used to make fun of you two...now you have made me your fan❤

[@saurabhgurjar8300]

personal time stamp 1:56:00

[@sariifpoudel6008]

advance account ABC analysis for NOV 22. please as soon as possible

[@dhavalsata8877]

30:40 examle on z score

[@pranayganganclasses]

Wow , Literally wow

[@aishwaryamoyal12]

Thank you so much for such a great revision.

[@myyttales6235]

Thanku so much sir❤

[@MOHDSAMEER-hc6gs]

Plz provide notes which is use in revision lecture.

[@jayanegi1670]

Very beautifully explained risk management

[@deepakagarwal8043]

Radhey radhey Bhai superb u and ur lectures

[@nandinidhall2749]

Thank u sir...🙏God bless u😇

[@majjikundana99]

Sir ur awesome😍 tqqq so much sir😊

[@prekshaagrawal181]

Amazing lecture....!!!

[@rachitvsatija]

Radhe radhe

[@paruljain4899]

Wowwwwww thanku sir🙏🙏

[@AkshayBurman2799]

Security Analysis Starts:- 1:02:53

[@quoraoffice6312]

Please provide sfm theory revision also...

[@ca_aspirant_yt]

Amazing yrrrr 🎯

[@Financial.planning_with_khyati]

hatssoff for the way you explain everything . thank you sir.

[@shilpakaturde5677]

Thank you so much Sir ❤

[@abc-xyz1998]

1:00:00 VAR = X-MU

[@Vaibhavnatkhat12]

42:40 value at risk

[@harishr6685]

Simply outstanding 👍👍👍👍👍

[@labdhibafna9061]

Thank You legend

[@aditisharma5063]

Maza aa gaya sir.