CFA Level I Formulas

This class was created by Brainscape user Batuhan Faik Derinbay. Visit their profile to learn more about the creator.

Decks in this class (34)

Reading 5: Time Value of Money
Future value of a single cash flow 1,
Future value with compounding 2,
Future value with more than one c...
14  cards
Reading 6: Discounted Cash Flow Applications
Net present value discounted cash...,
Internal rate of return irr 2,
Annualized yield on a bank discou...
6  cards
Reading 7: Statistical Concepts and Market Returns
Holding period return formula 1,
Population mean formula 2,
Sample mean formula 73 statistica...
23  cards
Reading 8: Probability Concepts
Definition of conditional probabi...,
Multiplication rule for probabili...,
Addition rule for probabilities 3
15  cards
Reading 9: Common Probability Distributions
Binomial probability function 1,
Area under a curve common probabi...,
Normal distribution for one rando...
8  cards
Reading 10: Sampling and Estimation
Standard error of the sample mean 1,
Standard error of the sample mean 2,
Sample variance sampling and esti...
7  cards
Reading 11: Hypothesis Testing
Test statistic formula 1,
Standard error when we know the p...,
Standard error sample standard de...
18  cards
Reading 12: Technical Analysis
Head and shoulders price target 1,
Momentum or rate of change oscill...,
Momentum or rate of change oscill...
6  cards
Reading 13: Demand and Supply Analysis
Demand function demand and supply...,
Example of a demand function 2,
Demand function concentration on ...
13  cards
Reading 14: Consumer Demand
Utility function consumer demand ...,
Example of utility function 2,
Budget constraint basic form cons...
4  cards
Reading 15: The Firm
Profit the firm 151 1,
Accounting profit the firm 152 2,
Economic profit the firm 153a 3
12  cards
Reading 16: The Firm and Market Structures
Marginal revenue the firm and mar...,
Price elasticity of demand 2,
Cross price elasticity of demand 3
10  cards
Reading 17: Aggregate Output, Prices, and Economic Growth
Gdp equation aggregate output pri...,
Domestic private saving 2,
Nominal gdp aggregate output pric...
14  cards
Reading 18: Understanding Business Cycles
Unit labor cost 18x understanding...,
Paasche index 18x understanding b...
2  cards
Reading 19: Monetary and Fiscal Policy
Money creation 191 monetary and f...,
Quantity equation of exchange 2,
The fisher effect 193 monetary an...
6  cards
Reading 20: International Trade and Capital Flows
National income identity for a cl...,
National income identity for an o...,
Current account balance 3
10  cards
Reading 21: Currency Exchange Rate
Foreign price level in domestic c...,
Real exchange rate d f 2,
Example of real exchange rate d f 3
5  cards
Reading 23: Financial Reporting Mechanics
Basic accounting equation 1,
Owners equity 231b financial repo...,
Owners equity classified by its o...
8  cards
Reading 25: Understanding Income Statements
Basic eps 251 understanding incom...,
Diluted eps if converted method f...,
Diluted eps if converted method f...
6  cards
Reading 26: Understanding Balance Sheets
Current ratio liquidity ratios 26...,
Quick acid test ratio 2,
Cash ratio liquidity ratios 26x u...
7  cards
Reading 27: Understanding Cash Flow Statements
Free cash flow to the firm fcff 1,
Free cash flow to the firm fcff 2,
Free cash flow to equity fcfe 3
14  cards
Reading 28: Financial Analysis Techniques
Inventory turnover ratio 1,
Day of inventory on hand doh 2,
Receivables turnover ratio 3
71  cards
Reading 36: Cost of Capital
Weighted average cost of capital ...,
Yield to maturity ytm 2,
Cost of preferred stock 3
16  cards
Reading 37: Measures of Leverage
Degree of operating leverage dol 1,
Percentage change in operating in...,
Degree of financial leverage dfl 3
8  cards
Reading 39: Working Capital Management
Current ratio 39x working capital...,
Accounts receivable turnover 2,
Inventory turnover 39x working ca...
16  cards
Reading 42: Portfolio Risk and Return Pt 1
Holding period return 1,
Annualized return 42x portfolio r...,
Portfolio return with 2 assets we...
21  cards
Reading 43: Portfolio Risk and Return Pt 2
0  cards
Reading 44: Basics of Portfolio Planning and Construction
Utility equation for investor s e...,
A multi asset class portfolio s e...,
Risk of a multi asset class portf...
4  cards
Reading 46: Security Market Indices
Value of a price return index 1,
Price return of an index single p...,
Price return of each constituent ...
15  cards
Reading 48: Overview of Equity Securities
An equity security s total return 1,
Return on equity roe 2,
Return on equity roe 3
3  cards
Reading 50: Equity Valuation: Concepts and Basic Tools
The dividend discount model for i...,
The dividend discount model plus ...,
General expression for an n perio...
15  cards
Reading 53: Introduction to Fixed-Income Valuation
Present value for bond price 1,
Present value for bond price 2,
Pvfull equation 533 intro to fixe...
15  cards
Reading 54: Introduction to Asset-Backed Securities
Single monthly mortality smm rate 1
1  cards
Reading 55: Understanding Fixed-Income Risk and Return
Macaulay duration 551 understandi...,
The denominator of macaulay durat...,
Macauly duration revealed 3
17  cards

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CFA Level I Formulas

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