Portfolio projects
Build portfolios for different investor goals and risk profiles. Evaluate allocations using measures such as return, volatility, correlation and Sharpe ratios.
Emory University · Goizueta Business School
A student organization dedicated to learning about investment research, portfolio construction and risk management.
Open to all full-time Emory students. No prior experience required.
01 / About us
The Goizueta Portfolio Management Club gives students practical experience building, analyzing and managing investment portfolios.
Members study asset allocation, diversification and performance across asset classes, with an emphasis on managing a complete portfolio.
Build portfolios for different investor goals and risk profiles. Evaluate allocations using measures such as return, volatility, correlation and Sharpe ratios.
Discuss market developments and their implications for investment decisions. Apply portfolio concepts through research and case studies.
Prepare portfolio reports and present investment strategies to fellow members. Opportunities may also include portfolio competitions.
02 / Our organization
Members join one of four teams. Applicants may express interest in more than one.
Develop and test quantitative models and rules-based investment strategies. This team also builds the research tools on this website.
Research companies, sectors and asset classes to compare investment opportunities and inform portfolio allocations.
Study how capital is allocated across investments and how diversification, volatility, correlation and concentration affect portfolio risk.
Coordinate outreach to alumni, faculty, industry professionals and sponsors, along with speakers and external opportunities for members.
03 / Membership
Membership is open to all full-time Emory students. There are no dues, and no prior experience is required. Applications are reviewed blind.
Application form and deadlines to be announced.
Membership at GPMC
Learn about portfolio management through research, group projects and discussions with fellow Emory students.
All majors welcome. No prior experience required.
01 / Member benefits
Members gain practical experience in investment research and portfolio management, with opportunities to present their work and take on leadership roles.
Develop skills in asset allocation, investment research, risk analysis and performance evaluation through portfolio projects.
Prepare investment policy statements, allocation models and portfolio reports. Present your work to the club and build experience to discuss in interviews.
Meet students interested in asset and wealth management, connect with faculty and industry professionals, and pursue team or club leadership opportunities.
02 / Our teams
Explore the four teams below.
You may select more than one when applying.
Use data, quantitative models and rules-based approaches to build, test and evaluate systematic investment strategies.
Data · Models · TestingResearch companies, sectors and asset classes to evaluate investment opportunities and inform portfolio allocations.
Research · Valuation · Investment casesStudy asset allocation, diversification, correlation and concentration to measure and manage portfolio risk.
Allocation · Diversification · RiskDevelop relationships with alumni, faculty, professionals and sponsors, and coordinate speakers and external opportunities for members.
Relationships · Speakers · Outreach03 / Applications
Applications are evaluated on reasoning and interest in the club. Students from all majors and experience levels are welcome to apply.
Application form and deadlines to be announced.
Review the four teams and select those that interest you. You may express interest in more than one.
Applications are reviewed blind. Explain your interest in the club and how you think about portfolio management.
Selected applicants interview with their team. The Executive Board sets the process each semester; details may vary by team.
Eligibility and policies
Membership is open to all full-time, enrolled Emory students, with no dues and no prior experience required. We’re committed to equal opportunity, mutual respect and a community free of hazing.
The club, as a representative of Emory University, is dedicated to providing equal opportunities and equal access to all individuals regardless of race, color, religion, ethnic or national origin, gender, genetic information, age, disability, sexual orientation, gender identity, gender expression, and veteran’s status. The club does not condone or participate in hazing of any kind.
The full constitution, including officer duties, elections and amendment procedures, is maintained separately and available on request.
Become a member
Join a community of students interested in investment research and portfolio management. Students from all majors and experience levels are welcome to apply.
Open to all full-time Emory students. No membership dues.
01 / Getting started
We review applications based on your reasoning and interest in the club. Prior experience and personal connections are not part of the evaluation.
The application asks for your year, Emory NetID, phone number and major. Do not include your name anywhere in your responses.
Applications that include your name are automatically rejected under the blind-review policy.
02 / Your application
Review the prompts and word limits as you prepare your responses.
Systematic Portfolio Management, Fundamental Portfolio Management, Asset Allocation & Risk, or Investor Relations. You may select more than one.
Explain your interest in becoming a member.
Describe the factor you think is most important, and explain why.
Choose a topic you find interesting and are knowledgeable about.
03 / Next steps
Selected applicants interview with the team they applied to. Questions are set by each team’s head and may vary by year.
Interviews focus on how you approach a problem and support a decision.
Explore market data, review company financials and compare investments. Tools for individual research and club portfolio discussions.
Type a symbol or name. Use ↑ ↓ and Enter to choose a suggestion.
Selecting an item loads its chart. Commodity price access depends on the site's data plan. Funds show share prices, which can differ from the underlying commodity price.
Explore the financial performance behind a company’s stock. Review statements, compare companies, and go directly to the filings for the full story.
Search a name and select a match, or enter a ticker directly. US GAAP financials in USD where available.
Choose a company to begin.
Annual, quarterly and trailing 12-month financials, with sources for reported numbers and calculations.
Compare margins, capital investment, cash generation, liquidity and returns on equity over time.
Read management’s discussion, business risks, quarterly updates, governance disclosures and insider filings.
Select a statement row name to chart its history, or a value to inspect its source. Free cash flow is operating cash flow less capital expenditures.
USD financials. Share counts use the selected scale; EPS is USD per share. Quarterly figures may be calculated from cumulative disclosures. EPS and weighted share counts are not summed or subtracted. — means unavailable.
Calculated for the selected reporting period. Quarterly returns on equity and assets are not annualized. — means an input is missing or the ratio is not meaningful; no missing values are treated as zero.
Bars show separate cash flows on a common scale, not parts of a total. Broader dividends/distributions can include common, preferred and noncontrolling holders; they are not added to the common-dividend field. Acquisitions are net of cash acquired. Share-based compensation is a noncash expense and is shown separately in the history.
Weighted average diluted shares can change with issuance, repurchases, dilution and stock splits; the series does not isolate the effect of buybacks. Debt figures are ending balances, not borrowing or repayments. Select a value to inspect its source. — means unavailable.
Notes save automatically in this browser, under this company’s SEC issuer. They are not shared with the club or synced between devices. Anyone using this browser profile may access them; clearing site data removes them. Download a copy to keep a backup.
Choose the sections to include. The report uses the selected reporting basis, your current peer comparison and any market-cap inputs entered this session. Review the preview, then print or choose Save as PDF in your browser’s print dialog.
The downloaded HTML is a standalone report you can open or share. Included notes will be visible to anyone you share it with. Financial sources and calculation details appear at the end.
Compare this company with up to four peers you choose. Each column shows its own fiscal dates; matching reporting bases may still cover different dates. Companies with the same SEC issuer are shown once.
Choose companies you consider comparable.
Enter a company-wide market capitalization from your market-data source, including all common share classes. These calculations use your input, not a live market quote. The financial basis is the latest available trailing 12 months, or the latest annual period if no TTM history exists.
Enter a market capitalization and its date to begin.
The earnings multiple uses parent net income and may differ from a quoted P/E, particularly for issuers with preferred stock. Enterprise-value multiples are not estimated from incomplete debt data.
Build five- or ten-year scenarios for an operating company. Historical SEC values provide a starting point; all forecasts and valuation assumptions are yours. This is a simplified linked model, with explicit cash funding checks.
Review every opening amount as of the model date. Reported balance-sheet values are carried forward without a stub-period estimate. Update them when needed. Enter zero explicitly where appropriate. Fully diluted shares and debt claims are not inferred from incomplete SEC tags.
Excess cash/nonoperating assets and senior claims are valuation-date inputs. They are used once in the enterprise-to-equity bridge; projected ending cash is not added again. Do not include operating cash or overlap preferred/NCI claims with debt.
Starting estimates use historical ratios where available. The remaining placeholders assume a 25% tax rate, 10% depreciation, 45-day working-capital cycles, 5% interest, 2% minimum cash and no discretionary financing/payouts. Growth fades toward 3%; upside/downside begin ±2 percentage points from the base growth and gross margin. These are editable starting assumptions, not company guidance.
Saved models stay in this browser and are not shared with the club. Download JSON to keep a portable copy. Import replaces this issuer’s draft in the current tab; save explicitly to replace the device copy.
Equity value per current fully diluted share for the selected scenario. Operating assumptions and terminal ROIC stay fixed. — marks invalid combinations or no positive equity residual.
NYU Stern: free cash flow to the firm ↗ · Terminal growth, reinvestment and returns ↗
Annual reports include business descriptions, risk factors, management’s discussion and footnotes. Proxy statements cover executive compensation and governance. These links open the original documents; the financial tables use annual and quarterly reports.
Debt rows can overlap: commercial paper may be included in short-term borrowings, and total long-term debt includes its current portion. Do not add every debt row together. Ratios are general-purpose measures and may be less useful for banks, insurers and other specialized businesses.
Filings shown here come from the SEC’s recent filing history, which may cover a different span from the financial tables. Use the full EDGAR history for older reports. Company-specific segments, non-GAAP adjustments, guidance and detailed notes should be read in the original documents.
Rank equity factor portfolios over the next 1, 6 or 12 months. Compare CSM, DMA, tactical regression and economic-cycle forecasts, then inspect the historical relationships between styles.
Horizon-specific models rank cumulative future style-spread P&L. CSM fits pooled cross-sectional relationships; TRM fits each factor's recent technical history. ECM uses macro conditions. DMA retains its original four-model technical blend.
Composite score: 25% CSM + 25% DMA + 25% TRM + 25% ECM. Each model's ranks become a 0–100 score, then are averaged. Higher is stronger relative consensus; 100 means unanimous first place. This is not an expected return or confidence probability. The models share information, so their votes are not independent.
Working definitions: TRM = tactical regression modeling; ECM = economic cycle modeling, using market-based macro proxies. ECM is a provisional project definition, not an error-correction model.
Historical monthly return correlations for the selected portfolio panel and publication scenario. Blue indicates positive correlation; red indicates negative correlation. Each cell shows the coefficient.
Independent public-data tests of the summer style-rotation hypotheses. All experiments are retrospective.
Raw and hedged features have separate files. Calendar alignment, source identity, delayed feedback and future-data mutation are checked before scoring.
Full covariance weighting underperforms equal weighting in the primary audit. Removing exact opposite predictors repairs covariance rank but does not repair GK scores.
Era and publication-delay checks weaken the case for a stable recent edge. Wide intervals prevent a firm claim that timing declined after 2000.
Nested selection and the fixed macro blend do not establish improvements over their references. The portfolio comparison does not establish an advantage over a frozen allocation.
Headline Rank IC combines persistent style preferences with date-matched timing. Static IC is the all-month-pairing expectation; dynamic IC subtracts it. IC × 100 is a ranking score, not a return.
Window end dates fall in the selected period; each point uses the preceding 120 target months, including earlier dates where needed. Windows overlap and are descriptive. Static IC is recomputed within each window.
Centered technical ranks become gross-one style-spread allocations. The frozen reference uses 60 pre-evaluation allocation months, then holds fixed. Equal style holds +1/15 of every signed spread.
These studies have their own fixed samples. The panel control applies throughout; publication delay applies to selection and macro. Evaluation period and cost controls apply to timing and P&L.
The complete research narrative, experiment definitions, Python source and exported result tables. Downloads use the same authenticated snapshot as the dashboard.