International Finance: Calculating Returns, Comparing Performance, and Analyzing Currency Effects

Running head: INTERNATIONAL FINANCE
International Finance
Name of the Student:
Name of the University:
Authors Note:

INTERNATIONAL FINANCE
1
Table of Contents
1.a) Calculating the returns from the selected companies in the portfolio:...............................2
1.b) Calculating and evaluating returns of the portfolio:...........................................................3
2) Comparing performance of Wesfarmers and BHP with ASX:..............................................4
3.a) SPK and GNE is compared with New Zealand Index:.......................................................6
3.b) Correlation is identified in SPK and GNE:........................................................................7
3.c) SPK and GNE compared with Australian market:..............................................................8
4.a) Effect of USD/AUD is analysed on valuation of WES:...................................................10
4.b) Understanding the implication of USD/AUD on valuation of BHP:................................10
5.a) Effect of NZD/AUD is analysed on valuation of SPK:....................................................11
5.b) Effect of USD/AUD is analysed on valuation of GNE:...................................................11
References:...............................................................................................................................12

INTERNATIONAL FINANCE
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1.a) Calculating the returns from the selected companies in the portfolio:

INTERNATIONAL FINANCE
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Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 31.890 0.950% Share progress is viewed by Analyst
BHP Billiton Limited 31.560 -2.472% BHP facing problems from China
Spark New Zealand Limited 3.840 -2.538% Unlimited Mobile plan improved
Genesis Energy Limited 2.320 -2.521% Genesis provides presentation
Portfolio Average -1.645%
Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 31.590 -0.941% Impact from Index
BHP Billiton Limited 30.690 -2.757% China iron ore imports declines
Spark New Zealand Limited 3.960 3.125% Emirates Team to use Spark's 5G Network
Genesis Energy Limited 2.360 1.724% Disclosures are ongoing
Portfolio Average 0.288%
Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 31.950 1.140% Share progress is viewed by Analyst
BHP Billiton Limited 31.180 1.597% Buying sphere from BHP Insiders
Spark New Zealand Limited 4.010 1.263% Spark adds more COW’s to its herd
Genesis Energy Limited 2.400 1.695% Disclosures notice
Portfolio Average 1.423%
Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 31.280 -2.097% Impact from Index
BHP Billiton Limited 32.400 3.913% High dividends announced
Spark New Zealand Limited 4.010 0.000% Southern Cross Cables NEXT Project
Genesis Energy Limited 2.450 2.083% Disclosures notice
Portfolio Average 0.975%
Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 31.430 0.480% Negative impact from Coles
BHP Billiton Limited 33.360 2.963% Analyst reports shares to hit $40
Spark New Zealand Limited 3.970 -0.998% Spark paves the way to smart street
Genesis Energy Limited 2.440 -0.408% D&O Ongoing Disclosure Notices
Portfolio Average 0.509%
Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 32.530 3.500% Impact from Index
BHP Billiton Limited 33.950 1.769% Buy rating made by Goldman
Spark New Zealand Limited 4.010 1.008% Impact from Index
Genesis Energy Limited 2.500 2.459% Impact from Index
Portfolio Average 2.184%
Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 32.080 -1.383% Impact from Index
BHP Billiton Limited 33.380 -1.679% Decline in iron ore prices is expected
Spark New Zealand Limited 3.960 -1.247% Impact from Index
Genesis Energy Limited 2.440 -2.400% Impact from Index
Portfolio Average -1.677%
Name of the Company Closing Price (Weekly) Percentage Change News
Wesfarmers Limited 31.950 -0.405% Share progress is viewed by Analyst
BHP Billiton Limited 32.790 -1.768% Ex-dividend for $1.43 per share
Spark New Zealand Limited 3.940 -0.505% Impact from Index
Genesis Energy Limited 2.450 0.410% Interim Result of FY19
Portfolio Average -0.567%
Week 3 07-12-2018
Week 4 14-12-2018
Week 8 11-01-2019
Week 5 21-12-2018
Week 6 28-12-2018
Week 7 04-01-2019
Week 1 23-11-2018
Week 2 30-11-2018