Walt Disney Company discussion

Walt Disney Company

Walt Disney is among the leading providers and producers of information and entertainment in the world. The firm operates through the following segments: Direct-to-Consumer and International (DTCI), Studio Entertainment, Parks, Experiences and Products, and Media Networks (Wasko, 2016, p. 27). The Parks, Experiences, and Products segment operate the company’s resort in Florida, while the Media Networks segment includes radio networks, television production, distribution operations, and television networks. The DTCI segment involves in licensing the firm’s characters, names, and visual properties, while the Studio Entertainment segment acquires and produces animated and live-action direct-to-video content, live stage plays, musical recordings, and motion pictures. The company’s key people include Robert A. Iger (Executive Chairman and Chairman of the Board), Bob Chapek (Chief Executive Officer), Alan Bergman (C0-chairman), and Alan Braverman). The recent news includes the naming of Bob Chapekas the company’s chief executive officer on Feb 25, 2020 (The Walt Disney Company, 2020).

Nike Company

Nike delivers innovative services, experiences, and products to inspire athletes. The principal business activity of Nike is to design, market, and develop high-quality accessory products, equipment, apparel, and footwear (Encyclopedia Britannica, 2020). Virtually equipment products are produced both in the US and abroad, while all apparel and footwear products are produced outside the US. The company is now the largest marketer of athletic footwear in the world. Nike operates both domestically and overseas using factory outlets and retail stores. The firm designs its athletic footwear products primarily for athletic use, although most of its products are worn for leisure or casual purposes. Some of the top-selling product categories include children’s and women’s shoes, basketball shoes, and running shoes. Some of the company’s key people include Mark Parker (Executive Chairman), Philip H. Knight (Chairman), and John Donahoe (President and Chief Executive Officer). On Jan 13 2020, John Donahoe succeeded Mark Parker as the company’s President and CEO.

Manchester United PLC

The company operates as a professional sports club. Manchester United PLC managers soccer team and club activities of the Manchester United Football Club, which include team merchandise, news, and sports features, fan zone, foundation, and the media networks (Jenkins, 2017, p. 421). Some of the key people include Joel Glaze (Co-Chairman), Ed Woodward (Executive Vice Chairman), Ole Gunnar Solskjaer (Manager), Nicky Butt (Academy Manager), Cliff Baty (Chief Financial Officer, Craig Jepson (Facilities Manager), and Charlie Brooks (Director of Communications). On Feb 28, 2020, Manchester United rearranged its Blade dates.

Alphabet Inc.

The organization operates as a holding company. Through its subsidiaries, Alphabet Inc. provides consumer content, software applications, enterprise solutions, mobile operating systems, hardware products, and commerce.  Alphabet has nine business units, namely: Google, Life Sciences, Calico, Google X, Google Ventures, Fiber, Nest, Sidewalk Labs, and Google Capital (Lee, 2019, p. 4). The key executives of the company include Sundar Pichai (Chief Executive Officer), Lawrence Page (Director), Frances Arnold (Director), John Hennessy (Chairman), Amie O’Toole (Chief Accounting Officer and Vice President), and Robin Washington (Independent Director). Below is the diagrammatic representation of Alphabet’s nine units.

Source: com/What-are-the-divisions-of-Alphabet-Inc”>https://www.quora.com/What-are-the-divisions-of-Alphabet-Inc

 

  1. Annual Reports and Sources of Funds

Walt Disney Company

From the annual reports, the company uses both internal and external sources of funds. Its internal sources include sales of fixed assets, owner’s capital, and retained profits. On the other hand, the company’s external sources of finance include the issue of debentures, issues of preferred or common shares, bank loans, and hire purchase (The Walt Disney Company, 2020). Walt Disney Company mostly use shareholder’s capital to raise funds.

Nike Company

Nike uses both equity financing and debt financing to raise finances. The company borrows funds for global expansion from domestic securities markets or banks. While in equity financing, the company raises funds by selling its stock to investors. It usually sells new equity or cross-list in highly liquid foreign exchange.

Manchester United PLC

From the company’s annual reports, its largest source of funds is monetizing its global brand using sponsorship relationships. Its sponsors are well-known companies such as Toshiba, Nike, General Motors, Bulova, and Adidas (Jenkins, 2017, p. 421). Therefore, the largest source of revenue for the organization is sponsorship revenue.

Alphabet Inc.

From the company’s 2018 financial reports, the major source of revenue is through Adwords and Search Advertising, followed by Adsense Network, and other revenues from business such as Google Apps, Chromebooks, Google Cloud Platform, and Android. Alphabet Inc. funds its operations majorly from the revenues mentioned above.

The function of the capital market in providing the funds into the company

Capital markets provide a secondary market where securities owners exchange securities among themselves at fair market prices. In the secondary market, investors buy and sell shares, bills, bonds, and debentures. Since the securities are traded in a highly regularised and legalized market, investors invest without the fear of being scammed. The trading of these securities, therefore, provides funds for the company.

  1. Weekly returns and standard deviations of each stock
Walt Disney Company Alphabet Inc.  
 
Date Weekly returns standard Deviation Date Weekly Returns Standard Deviation  
Oct 28 2018 114.45  0.01 Oct 28 2018 1082.47 -0.02  
Nov 05 2018 115.74 0.02 Nov 05 2018 1055 0.01  
Nov 12 2018 118 -0.02 Nov 12 2018 1061.39 -0.01  
Nov 19 2018 116 -0.02 Nov 19 2018 1057.2 0.02  
Nov 26 2018 113.18 0.03 Nov 26 2018 1038.35 0.08  
Dec 03 2018 116.65 -0.04 Dec 03 2018 1123.14 -0.08  
Dec 10 2018 111.99 0.01 Dec 10 2018 1035.05 0.01  
Dec 17 2018 112.29 -0.08 Dec 17 2018 1037.51  
Dec 06 24 2018 103.23 0.06 Dec 24 2018 973.9 0.08  
Dec 31 2018 109.11 0.01 Dec 31 2018 1050.96 0.02  
Jan 07 2019 109.91 0.02 Jan 07 2019 1071.5 -0.02  
Jan 14 2019 111.65 -0.01 Jan 14 2019 1046.92 0.04  
Jan 21 2019 110.62 0.01 Jan 21 2019 1088 -0.01  
Jan 28 2019 110.76 -0.01 Jan 28 2019 1080.11 0.03  
Feb 04 2019 111.41 0.01 Feb 04 2019 1112.66 -0.02  
Feb 11 2019 111.77 0.02 Feb 11 2019 1096.95 0.02  
Feb 18 2019 112.91 0.03 Feb 18 2019 1110 0.01  
Feb 25 2019 115.62 -0.01 Feb 25 2019 1116 0.03  
Mar 04 2019 114.42 -0.01 Mar 04 2019 1146.99 -0.01  
Mar 10 2019 114.04 -0.01 Mar 10 2019 1144.45 0.03  
Mar 17 2019 113.03 -0.04 Mar 17 2019 1183.3 0.01  
Mar 24 2019 108.49 0.03 Mar 24 2019 1196.93 -0.01  
Mar 31 2019 111.59 0.04 Mar 31 2019 1184.1 0.01  
Apr 07 2019 115 0.14 Apr 07 2019 1207.89 0.01  
Apr 14 2019 131.05 0.01 Apr 14 2019 1218 0.02  
Apr 21 2019 131.9 0.08 Apr 21 2019 1235.99 0.03  
Apr 28 2019 142.19 -0.07 Apr 28 2019 1274 -0.08  
May 05 2019 132.54 -0.01 May 05 2019 1166.26 -0.02  
May 12 2019 131.5 0.02 May 12 2019 1141.96 0.01  
May 19 2019 134.25 -0.01 May 19 2019 1144.5 -0.01  
May 26 2019 133.21 -0.01 May 26 2019 1134 -0.06  
Jun 02 2019 132.02 0.05 Jun 02 2019 1065.5 0.01  
Jun 09 2019 138.88 0.01 Jun 09 2019 1072.98 0.01  
Jun 16 2019 140.81 -0.01 Jun 16 2019 1086.28 0.03  
Jun 23 2019 140.12 0.01 Jun 23 2019 1119.61 -0.02  
Jun 30 2019 140.45 0.01 Jun 30 2019 1098 0.03  
Jul 07 2019 142.18 0.02 Jul 07 2019 1125.17 0.02  
Jul 14 2019 145.13 -0.03 Jul 14 2019 1146.86 -0.01  
Jul 21 2019 141.25 0.03 Jul 21 2019 1133.45 0.1  
Jul 28 2019 145.59 -0.04 Jul 28 2019 1241.05 -0.06  
Aug 04 2019 139.14 -0.01 Aug 04 2019 1170.04 0.01  
Aug 11 2019 137.31 -0.01 Aug 11 2019 1179.21 0.01  
Aug 18 2019 136.79 -0.02 Aug 18 2019 1190.09 -0.03  
Aug 25 2019 134.19 0.02 Aug 25 2019 1157.26 0.02  
Sep 01 2019 136.37 0.03 Sep 01 2019 1177.03 0.03  
Sep 08 2019 139.58 -0.03 Sep 08 2019 1204 0.02  
Sep 15 2019 136.29 -0.04 Sep 15 2019 1229.52 -0.01  
Sep 22 2019 131.99 -0.01 Sep 22 2019 1226 -0.01  
Sep 29 2019 130.35 -0.01 Sep 29 2019 1220.97 -0.02  
Oct 06 2019 130.27 0 Oct 06 2019 1204.4 0.01  
Oct 13 2019 130.27 0.01 Oct 13 2019 1212.34 0.04  
Oct 20 2019 131.44 0.01 Oct 20 2019 1252.26 0.03  
Oct 27 2019 131.45 Oct 27 2019 1275.45  

 

 

 

Nike Company
Date Weekly Returns Standard Deviation
Oct 28 2018 73.26 0.04
Nov 05 2018 76.49 -0.01
Nov 12 2018 76.35 -0.03
Nov 19 2018 74.69 -0.03
Nov 26 2018 72.34 0.07
Dec 03 2018 77.1 -0.05
Dec 10 2018 73.1 -0.03
Dec 17 2018 71.37 0.01
Dec 24 2018 71.4 0.03
Dec 31 2018 73.98 0.01
Jan 07 2019 74.74 0.01
Jan 14 2019 75.46 0.06
Jan 21 2019 80.33 -0.01
Jan 28 2019 79.8 0.03
Feb 04 2019 81.22 0.01
Feb 11 2019 82.95 0.02
Feb 18 2019 84.58 0.01
Feb 25 2019 85.39 0.03
Mar 04 2019 87.32 -0.03
Mar 10 2019 85.39 0.03
Mar 17 2019 87.3 -0.07
Mar 24 2019 81.48 0.06
Mar 31 2019 85.04 -0.01
Apr 07 2019 85.01 0.02
Apr 14 2019 86.89 0.03
Apr 21 2019 88.35 -0.01
Apr 28 2019 88.18 -0.06
May 05 2019 83.77 -0.03
May 12 2019 81.65 0.03
May 19 2019 83.8 -0.01
May 26 2019 82.85 -0.06
Jun 02 2019 77.24 0.07
Jun 09 2019 83.75 -0.01
Jun 16 2019 83.34 0.04
Jun 23 2019 86 -0.03
Jun 30 2019 84.93 0.03
Jul 07 2019 86.06 0.04
Jul 14 2019 89.06 -0.04
Jul 21 2019 86.56 0.02
Jul 28 2019 87.65 -0.09
Aug 04 2019 79.66 0.03
Aug 11 2019 81.41 0.02
Aug 18 2019 82 -0.01
Aug 25 2019 81.44 0.04
Sep 01 2019 84 0.05
Sep 08 2019 88.94 -0.02
Sep 15 2019 87.09 -0.02
Sep 22 2019 86.98 0.07
Sep 29 2019 92.53 -0.01
Oct 06 2019 92.5 0.03
Oct 13 2019 94.2 0.03
Oct 20 2019 96.61 -0.06
Oct 27 2019 91.06

 

 

Alphabet Inc.
Date Weekly Returns Standard Deviation
Oct 28 2018 1082.47 -0.02
Nov 05 2018 1055 0.01
Nov 12 2018 1061.39 -0.01
Nov 19 2018 1057.2 0.02
Nov 26 2018 1038.35 0.08
Dec 03 2018 1123.14 -0.08
Dec 10 2018 1035.05 0.01
Dec 17 2018 1037.51
Dec 06 24 2018 973.9 0.08
Dec 31 2018 1050.96 0.02
Jan 07 2019 1071.5 -0.02
Jan 14 2019 1046.92 0.04
Jan 21 2019 1088 -0.01
Jan 28 2019 1080.11 0.03
Feb 04 2019 1112.66 -0.02
Feb 11 2019 1096.95 0.02
Feb 18 2019 1110 0.01
Feb 25 2019 1116 0.03
Mar 04 2019 1146.99 -0.01
Mar 10 2019 1144.45 0.03
Mar 17 2019 1183.3 0.01
Mar 24 2019 1196.93 -0.01
Mar 31 2019 1184.1 0.01
Apr 07 2019 1207.89 0.01
Apr 14 2019 1218 0.02
Apr 21 2019 1235.99 0.03
Apr 28 2019 1274 -0.08
May 05 2019 1166.26 -0.02
May 12 2019 1141.96 0.01
May 19 2019 1144.5 -0.01
May 26 2019 1134 -0.06
Jun 02 2019 1065.5 0.01
Jun 09 2019 1072.98 0.01
Jun 16 2019 1086.28 0.03
Jun 23 2019 1119.61 -0.02
Jun 30 2019 1098 0.03
Jul 07 2019 1125.17 0.02
Jul 14 2019 1146.86 -0.01
Jul 21 2019 1133.45 0.1
Jul 28 2019 1241.05 -0.06
Aug 04 2019 1170.04 0.01
Aug 11 2019 1179.21 0.01
Aug 18 2019 1190.09 -0.03
Aug 25 2019 1157.26 0.02
Sep 01 2019 1177.03 0.03
Sep 08 2019 1204 0.02
Sep 15 2019 1229.52 -0.01
Sep 22 2019 1226 -0.01
Sep 29 2019 1220.97 -0.02
Oct 06 2019 1204.4 0.01
Oct 13 2019 1212.34 0.04
Oct 20 2019 1252.26 0.03
Oct 27 2019 1275.45

 

  1. The covariance matrix of all stocks
Walt Disney Nike Alphabet Inc.
114.45 73.26 1082.47
115.74 76.49 1055
118 76.35 1061.39
116 74.69 1057.2
113.18 72.34 1038.35
116.65 77.1 1123.14
111.99 73.1 1035.05
112.29 71.37 1037.51
103.23 71.4 973.9
109.11 73.98 1050.96
109.91 74.74 1071.5
111.65 75.46 1046.92
110.62 80.33 1088
110.76 79.8 1080.11
111.41 81.22 1112.66
111.77 82.95 1096.95
112.91 84.58 1110
115.62 85.39 1116
114.42 87.32 1146.99
114.04 85.39 1144.45
113.03 87.3 1183.3
108.49 81.48 1196.93
111.59 85.04 1184.1
115 85.01 1207.89
131.05 86.89 1218
131.9 88.35 1235.99
142.19 88.18 1274
132.54 83.77 1166.26
131.5 81.65 1141.96
134.25 83.8 1144.5
133.21 82.85 1134
132.02 77.24 1065.5
138.88 83.75 1072.98
140.81 83.34 1086.28
140.12 86 1119.61
140.45 84.93 1098
142.18 86.06 1125.17
145.13 89.06 1146.86
141.25 86.56 1133.45
145.59 87.65 1241.05
139.14 79.66 1170.04
137.31 81.41 1179.21
136.79 82 1190.09
134.19 81.44 1157.26
136.37 84 1177.03
139.58 88.94 1204
136.29 87.09 1229.52
131.99 86.98 1226
130.35 92.53 1220.97
130.27 92.5 1204.4
130.27 94.2 1212.34
131.44 96.61 1252.26
131.45 91.06 1275.45

 

  1. Weekly Return and Standard Deviation of the S&P 500
Date Weekly Returns Standard Deviation
Oct 28 2018 2723.06 0.02
Nov 05 2018 2781.01 -0.02
Nov 12 2018 2736.27 -0.01
Nov 19 2018 2632.56 0.05
Nov 26 2018 2760.17 -0.05
Dec 03 2018 2633.08 -0.02
Dec 10 2018 2599.95 -0.07
Dec 17 2018 2416.62 0.03
Dec 24 2018 2485.74 0.02
Dec 31 2018 2531.94 0.03
Jan 07 2019 2596.26 0.03
Jan 14 2019 2670.71 -0.01
Jan 21 2019 2664.76 0.02
Jan 28 2019 2706.53 0.01
Feb 04 2019 2707.88 0.03
Feb 11 2019 2775.6 0.01
Feb 18 2019 2792.67 0.01
Feb 25 2019 2803.69 0.02
Mar 04 2019 2743.07 0.03
Mar 10 2019 2822.48 -0.01
Mar 17 2019 2800.71 0.01
Mar 24 2019 2834.4 0.02
Mar 31 2019 2892.74 0.01
Apr 07 2019 2907.41 -0.01
Apr 14 2019 2905.03 0.01
Apr 21 2019 2939.88 0.01
Apr 28 2019 2945.64 0.01
May 05 2019 2881.4 -0.01
May 12 2019 2859.53 -0.01
May 19 2019 2826.06 -0.03
May 26 2019 2752.06 0.01
Jun 02 2019 2873.34 0.01
Jun 09 2019 2886.98 0.02
Jun 16 2019 2950.46 -0.01
Jun 23 2019 2941.76 0.02
Jun 30 2019 2990.41 0.01
Jul 07 2019 3013.77 -0.01
Jul 14 2019 2976.61 0.02
Jul 21 2019 3025.86 -0.03
Jul 28 2019 2932.05 -0.01
Aug 04 2019 2918.65 -0.01
Aug 11 2019 2888.68 -0.01
Aug 18 2019 2847.11 0.03
Aug 25 2019 2926.46 0.02
Sep 01 2019 2978.71 0.01
Sep 08 2019 3007.39 -0.01
Sep 15 2019 2992.07 -0.01
Sep 22 2019 2961.79 -0.01
Sep 29 2019 2952.01 0.01
Oct 06 2019 2970.27 0.01
Oct 13 2019 2986.2 0.01
Oct 20 2019 3022.55 0.01
Oct 27 2019 3066.91

 

  1. Weighted Portfolio

Calculations for part (i) and (ii) are in excel. Below is the calculation for part (iii).

Stock Value share of the portfolio Beta weighted beta
Walt Disney 125.48 0.09 0.94 0.0846
Nike 82.92 0.06 0.84 0.0504
Alphabet Inc. 1139.68 0.85 1.04 0.8585
1348.08 1 0.9935
Weighted beta for the portfolio is 0.9935, while for S&P 500 is 0.59

The beta of this portfolio reveals the volatility of whatever index representing the overall market because it is close to 1. Therefore, the portfolio will move in the same direction as the index.

  1. Tracking performance of the portfolio

 

 

Based on the comparison above, the portfolio is perming well even though it is below the benchmark (S&P 500). The returns of the portfolio do not exceed the benchmark index; hence, it has not beaten the benchmark index. According to Chandra (2017, p. 6), risk portfolios usually lead to higher returns in the long run. The investment portfolio is less risky because its performance is lower compared to that of the benchmark portfolio.


Get Professional Assignment Help Cheaply

fast coursework help

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason may is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Our essay writers are graduates with diplomas, bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college diploma. When assigning your order, we match the paper subject with the area of specialization of the writer.

Why Choose Our Academic Writing Service?

  • Plagiarism free papers
  • Timely delivery
  • Any deadline
  • Skilled, Experienced Native English Writers
  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently

How It Works

1.      Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2.      Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3.      Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4.      Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.

 

smile and order essaysmile and order essayPLACE THIS ORDER OR A SIMILAR ORDER WITH BROOK WRITERS TODAY AND GET AN AMAZING DISCOUNT

order custom essay paper

4 comments

  1. 351351 291057hello!,I actually like your writing really a whole lot! percentage we maintain up a correspondence extra about your article on AOL? I need an expert on this region to unravel my problem. Could be that is you! Taking a appear forward to peer you. 511600

  2. 353560 597560We clean up on completion. This might sound obvious but not several a plumber in Sydney does. We wear uniforms and always treat your home or office with respect. 173596

  3. 755218 153424This web-site can be a walk-through rather than the data you wished about it and didnt know who need to. Glimpse here, and youll certainly discover it. 564717

Leave a comment

Your email address will not be published.