Bloomberg Essentials Online Training Program Essay Example for Free

Bloomberg Essentials Online Training Program EssayHello, and welcome to the rectitude session of the Bloomberg Essentials Online Training Program. My name is Rosie Genao, and the fetchress of this training session is to get you acclimated with our honor live onality so you discount pronto and easily navigate through the tools that go out be vital for your daily enthronement analysis.I go forth start with severalise give-and-take functions that will keep you up-to-speed with headlines that mess affect your coronation strategies, as well as the equities markets on the whole. From there, we will walk through functionality that will help you quickly assess the trends of the equities markets. Finally, we will focus on how you kitty best use Bloomberg for enthronement idea coevals and in-depth security analysis.Our equities resources fully integrate the very best in real-time data, password and re assay, providing you with an unmatched level of market data transp ar ncy, dynamic monitors, and powerful analytics. With these tools, you poop delve into more than 20 years of financial statements, portion out-side consensus estimates, extensive technical analysis studies, and idea generation tools for a pool of more than 410,000 equities (ph).As the Bloomberg Essentials news video outlines, Ngo, which is primed(p) in 15 company news, is the main(prenominal) news function and platform for real-time news from tens of thousands of sources, including Bloomberg. It has the most important, most popular, and most new-fashioned news across any category. This page will automatically update throughout the day so you lot stay abreast of news that impacts the markets and your portfolio.For the loveliness space, you lav customize this page to display news expand to the equities markets but by navigating to the left over(p) sidebar, which includes an array of make passics and securities, and clicking on stocks. When you click on stocks, you will hea r the sound hand side populate with the relevant news for stocks in the Americas or anywhere across the world.Once you click on stocks on the left hand side, you derriere necessitate this particular steeric as your disrespect simply by clicking on 90 go to save as default at the very top. Notice equivalentwise that you contribute use this same sidebar on the left to click into early(a) topics, such as technology or traitd news articles that we admit on the terminal, such as on European debt. Also note that whenever you chink a small B range of a function next to any article, this means that this is a Bloomberg exclusive story, while the white highlights or indicates that the story has been posted to the system in the last 15 minutes.another(prenominal) crucial aspect of news functionality is the aptitude to mine for news and press releases that directly impact a particular investment strategy. You can fly the coop NSEgo at the very top, and you will receive a drop-d own menu appear which will suffer you to rent the first function, which is news forecastm. NSE provides unmatched granularity for sector, region, or security-specific news. NSE allows you to search through Bloombergs extensive da tickase of news by a simple word search. To make your search at bottom NSE as efficient as possible, the function includes auto comp permite predictive text, which will come up when typing in your search criteria.For poser, lets say were looking into a search for IBM. If I were to type IBM, you will see that an entire listing will appear in the drop-down menu where the company itself appears first. As you type in your news search topic, the function provides you with a list of relevant results which you then can result from. This saves you time in putting together applic equal to(p) news searches.Id similarly like to point out that within NSE, you have the option of go onning a basis or an march on search, which you can select at the top. With the advanced search, not but can you filter by keywords, but you can also filter on entire slating lists, topics, people, among other. For example, lets create a custom news wire that tracks earning news on companies in India. Ill start with the criteria of loot.Using the atomic deem 79 search box at the top of the page, Ill start by simply typing in the keyword itself, earnings. And when I do that, again, youll see that the topic itself appears. When you select on earnings, the bottom part of the screen will allow you to start pre enamouring some of the results that are related to earnings. Ill go back to my search at the top and input India because Id like to filter for earnings news within India. And when I do that, again, as you can see, youll see India appear at the very top. As you continue to add criteria, the results will continue to update at the bottom under preview results.There are other slipway on the terminal to scrape up what you need specifically with news. There are pre- stiff news monitors on the terminal that you can use to get stories as they are released within a specific topic. For example, going along with our example of earnings, if youre elicit in news related to earnings in general, you can run NI ERN. And what that will do is select or pull up a scrolling news monitor of news only on earnings.These pre-set news monitors, as you saw, start with NI and are streaming in real time. The news articles will appear and will flash as the stories come in. As you can see, from here you can gain ground refine the search to join forces your specific investment analysis criteria. You can either click on 97 actions at the very top and edit the search, or you can simply add additional keywords in the narrow search box.Bloomberg also provides direct nettle to sell side and independent research from over 1,500 sources within our research search engine RSEgo. With RSEgo, you have real-time delivery of reports. That ensures that you are getting t he information as soon as it is avail satisfactory. With RSE, you have the option of selecting news research articles by category, sector, or simply all research that is available.In the top left corner, you can also filter advance. You can select all research or you can select specific filters in the within the drop-down menu that allows you to choose, for example, between an lawfulness index or perhaps a portfolio that you may already have loaded on the terminal.After exploring the ways in which you can keep up-to-speed with the news and research that affects both the broad markets and your investments, Id like to move into functionality that will give you a solid grasp of overall market hunting expedition and assist you with investment analysis.Well start with EVTS. EVTS is Bloombergs corporate event and transcript resource, tracking over 100,000 events and transcribing over 25,000 conference calls a year. Coverage includes earnings releases, earnings calls, sales results, sh areholder meetings, investor conferences, MA calls, and other relevant company events. Coverage also includes live transcription of calls as they happen, corrected PDF versions of the call, summary reports, and links to webcasts and archived audio.At the top of the screen, youll be able to customize a number of things. Youll be able to select the source from which you want to pull in specific company-related releases. So for example, you can click on source, and lets select an equity index. For our example, well select the SP, which is SPX. Youll see that you have the ability to customize the data range. You can select it to now, next seven days, or you can customize further.Once youre done customizing, at the very top you can press the go key and you will see a list populate at the bottom with the relevant event types pertaining to the source and the particular date range. While you have the ability to export these events into your Outlook calendar simply by clicking into any one o f these icons on the far right wing column, keep in mind that you can also click into each event for links to other analytics, including pages on earnings analysis, fundamental data, research reports, and company news.Once you select an event, which Ive just done, you can click on analysis in the top left corner to display and analyze a number of of related analyses that you can continue to run on that particular security. For our example, you can select earnings analysis. In this example, we selected the SP as our security poll. From there, youll be able to, depending on the handicap that you are on, you can cut down further into each of the sectors comprising the index. As you click into a particular sector, youre able to drill down further for performance to not only see how the sub-sectors are performing, but also how the securities within these sub-sectors are performing and how they correlate to the overall earnings analysis.You can review on the terminal for investment ide as by screening for stocks in these sectors (ph) using our equity screening function, EQSgo. EQSgo is the Bloomberg equities screening application that allows you to search for securities based on your defined criteria from a broad set of underlying data. The interface used for this tool offers full transparency at every step of the screening process. You can now identify investment ideas with advanced analytical functionality.Before we go into a sample screen, Id also like to point out that there are three main tabs at the bottom. One, where you can build and edit your screen, two, where you can doorway the screens that you have already created and saved, and three, example screens where you can access screens already created by Bloomberg for customers like you.So lets start with the 91 build/edit screen. For a quick example, if we want to search for all companies trading below their cash and comparison in the materials sector, we can start by searching for our sector by simply t yping materials in the amber box in the middle of the page. As I type materials, youll see that the drop-down menu updates and allows you to essentially filter for all the materials-related fields that we have.So lets select the first option, which is materials. The more you type, the further it narrows your choices. So lets go ahead and select and input our second criteria. Next, for the fundamental criteria, I will search for market cap, again, in the amber field. Select the appropriate field, which in this case is the first one. Select, when prompted, whether I want to view whether its greater than, less than, et cetera. In this case, I will select less than. And in the third amber box that eventually appears, I will type in cash to find the field that I am looking for. I will use the default, latest filing, and press go.Now youll notice under selected screening criteria that at the bottom youll see the number of securities that meet both criterias that I input. Youll see the exa ct number in the bottom right. If you have a specific fundamental or technical-based ratio that youd like to use but its not currently available in our list of fields, you can use the formula tab located at the top to create a custom field for use in your screen. This provides full flexibility in your search.Keep in mind that you can also add criteria using the universe criteria given at the very top. This includes full product segmentation and allows you to search for specific tax income drivers. After you finish selecting all of the criteria, you can click on results in the lower right. All of the securities that match will appear in a list with a list of comparable columns. This will include any numerical values from your search criteria. You can also add columns to this view using the amber field above, or also by clicking on fields in the top right.Once you have your securities listed, you can then click into each of them for links to further analysis with the explanation pag e. Youll see not only the description page, but also related functionality for further analysis. So lets click into company description, the second option. On the description page, youll see that the market information for the selected security appears at the top of the screen. Just below that, youll find a snapshot of stock data with links to further analysis regarding the profile of the company, issue information, ratios, and revenue and EPS.With this particular page, you can click into any one of the functionalities thats highlighted to be taken to another page on the terminal for additional analysis. Also, at the top, youll be able to click on the report feature, which allows you to create your own snapshot of the company on your screen, and allows you to print it for your Japanese security.To continue your security-specific analysis, Bloomberg offers a wide range of graphing functionality. To start, you can quickly view the historic movement of a stock on GPgo. GP displays hi storic closing curtain prices for a selected security, which you can see in the upper left, but also features a wide range of customization options.At the top, youll see a gray taskbar that allows you to quickly jump between periods, also add annotation, news and zoom (ph). Sorry, I didnt even go also, in the upper right, you have the option to add additional securities or studies for your graph, as well as events. If you click into events, for example, youll be able to see that you can add events such as acquisitions, dividends, earnings, et cetera, so that you can easily plot them on your graph. To view the underlying end-of-day pricing for this particular security, you can either scroll down one page, or you can simply run the function HPgo for historical pricing. Historical pricing on HP allows you to customize the data range, the currency, and the period at the very top of the page.If youre interested in further analysis using technical studies, you can continue your graphica l analysis of the security by path Graphgo at the top. This function provides you with a number of things. In the top left, youll be able to see the map of the day. Lower left, youll be able to create a series of custom charts.To the right of that, we have sample G (ph) charts that already display some of our technical studies and provide you with examples on each of these studies. And in the upper right, youll have a number of chart resources that you can use to become more informed on technical studies and charts features on the terminal. Finally, in the lower right, youll be able to see the chart showcase of the day displaying essentially why a particular study would be important to view on the terminal.After viewing where a specific security has priced using our chart functionality, you can then switch over to get a fundamental picture of the overall company by running FAgo. FAgo is a dynamic and interactive fundamental analysis tool that displays the financial history of a sp ecific company with full transparency to the financial statements. here you can identify trends and analyze the value of a potential investment using the statements themselves, as well as comparative techniques and custom templates that allow you to access the data you need quickly in order to make an informed decision on an investment opportunity.The FAgo screen initially wakes up to the key stats tab located in the upper left. But as you can see, there are a series of tabs locates at the top that you can click into and which allow you to drill down further. So for example, clicking on the income statement, you will see that it has a series of sub-tabs as well. To suit your preferences, you can also click on the settings tab at the very top, and this will allow you to pose your settings whenever you popular or run this particular function.One of the key benefits of the FAgo screen is the full transparency it offers into the numbers. For example, if youd like to view the statement for which we have obtained a specific data point, simply click into the line specific. So lets say for example that wed like to click into revenue for apple. When you do that, youll be able to see just where we sourced our information from. You can click into the particular line item itself, drill down further, and on the right hand side, youll see two icons two document icons which when clicked on allow you to view the source document itself and highlighted exactly where we got the information from.lets close out of this and go back to the main page on FA. You will see a number of things here. Youll see that estimates, denoted by the letters EST, are included alongside historical data. You can click into any one of these estimates by view consensus estimates from sell-side analysts. This gives you a clear view of where the company has been and where its expected to go. Depending on your analysis, youll find it very easy to run a specific analysis based on ratios, which youll see located at the top, valuations, segments, or additional information with the tabs at the top. Each of these tabs, specifically the additional tab, pulls in the relevant key measures for that industry.With this insight into estimates, we can continue our equity research with the earnings estimate on EEOgo. Here on EEO, we aggregate all earnings estimates for a company in one place so you can quickly gauge market expectations on an investment opportunity. From this page, youll see a number of things. Starting at the very top, youll have the option to adjust the reporting period, as well as the consensus type and currency.Also from this page, you can customize your settings and set alerts for earnings data, for consensus date that you are interested in for this particular security. This will allow you to stay up-to-speed with any estimate shifts for a particular company. Here in this page were looking at consensus estimates which represent a consensus value for each measure based o n reported sell-side expectations.Alongside each estimate, which is listed on the left hand side, youll see or you will find the number of estimates received per measure. Whenever you hover over the exact estimate numbers, youll be able to see or this will give you additional information, such as the number of analysts who revised the estimate itself, and other key information. If we click into a specific measure, you can get even more clarity on that figure.From here, youll see a breakdown in three main parts. In the top left, youll see a quick summary of the consensus data itself. To the right of that, youll see the historical values of the consensus data as plotted by the analysts. And just below that, youll see a breakdown of all of the analysts who contributed to the consensus.On the left hand side, youll be able to see or youll be able to click into the research provided by this particular analysis covering the security. And to the far right, youll be able to access a graph that allows you to view the analyst estimates historically alongside the price of the particular security that you are that you are researching. So on one graph you have both the price and the historical estimates or the historical consensus estimates for that particular security.Lets menu back to the consensus detail screen. And to go into further detail into the area in the top left, the consensus rating at the top is based on the analyst recommendations that are compiled by Bloomberg reporters and researchers around the world. ANR allows you to determine the latest analyst sentiment and identify which analysts have the most accurate equity rating.Another dynamic tool for analyst research is the function ANRgo. This is the home page for analyst recommendations. Here you will see a listing of the analyst recommendations, their price targets, price target time periods, and a consensus rating for a selected equity, which youll see in the upper left corner. Here as well, similar to t he consensus estimates, youll also see a graph in the right hand side to view historical recommendations.At the top, the consensus ranking is based on analyst recommendations. They are compiled by Bloomberg reporters and researchers around the world. This page allows you to determine the latest analyst sentiment and identify which analysts have the most accurate equity rating. Bloomberg assigns a numerical value from one to five for every recommendation, where five represents a buy. In this example, sentiment on Apple appears to be a buy. Youll see that there are more buys than holds and sells. This can also be seen in the consensus rating located right here in the top (inaudible).Now lets take a look at the analyst recommendations. In the table at the bottom of the screen, youll be able to see that there is a column called BAR. This is the Bloomberg absolute return risk, which essentially highlights those analysts that have returned the most in terms of total return for this partic ular security. Lets locate the analyst who has who has returned the most for Apple.If we scroll down, youll be able to see that the analyst from BTIG was ranked first in terms of BAR. To the far right, youll be able to see a graph with that particular analyst youll be able to see that this particular analyst for the duration that for the amount of time that theyve cover this security, they have excelled in terms of their recommendations.Now that weve seen charts, fundamentals, and earnings on a company, Id like to continue our review of the core equity functionality with a peer analysis tool called relative value, or RVgo. You can use RV to perform a customized peer group analysis so that you can benchmark your securitys performance for capital structure against its peers.Once you are on the relative valuation screen, youll see three main sections. In the top left, youll be able to see how this particular security ranks across a number of sectors. To the right of that, youll key metrics for that particular security in comparison to its peers, to the median for its peers. Just below that, youll see the main portion of this screen, which is divided into several tabs. It initially wakes to an overview tab, which is the overview template, but you also have the option of clicking into the other templates that allow you to analyze the security or compare the security in different ways, such as the markets template and the EPS preview template.One great feature about the relative value function is that you can create your own custom template. And from there, you can enter the fields that are most relevant for you, as well as the securities that you would like to compare your main security against. Another peer comparative tool, PPC, complements this analysis. Lets run PPCgo and youll see what I mean.With PPC, youll be able to take a different look at how companies fare against their peers by comparing them across product segments. It allows you to perform an in-de pth analysis of company revenue by introducing the sector classification that you see on the left hand side, and the hierarchy that allows you to compare, depending on which sector you select, the key measures on the sidebar.On this screen, youll be able to select the classification for which youd like to sort the security by. For example, VIX, GX (ph), or any of the ones listed below. You can also filter by the currency on the right hand side, and finally, by the industry to the right.From here, you will see the hierarchy located on the left sidebar. You can select any measure from the hierarchy sidebar. And then, lets say for example you click into music download sites for Apple, and on the right side youll be able to see the companys competitors within each product. This adds yet another layer of analysis into data collected through the financial statements to help you make an informed investment decision. You can also click into the numbers under the hierarchy section in order t o view more transparency data, similar to what you can do with FA.This covers the basic equity overview on the Bloomberg terminal. The functions we went over today in news, broad market indicators, and security-specific analysis tools are just an introduction to the vast resources we have for you to make informed investment decisions. If you have any further questions, remember that you can hit the help key twice for 24-hour assistance with (inaudible) for future training opportunities. Thank you for your participation in Bloomberg Essentials.