Find the coordinates of any stationary points on the curve $y = {1 \over {1 + {x^2}}}$ and state it's nature I know I could use the quotient rule and determine the second differential and check if it's a max/min point, the problem is the book hasn't covered the quotient rule yet and this section of the book concerns exercises related only to the chain rule, so I was wondering what other method is there to determine the nature of the stationary point (which happens to be (0,1)) given that this is an exercise that is meant to utilise the chain rule.

$${{dy} \over {dx}} =  - {{2x} \over {{{({x^2} + 1)}^2}}}$$
So essentially my question is can I determine ${{{d^2}y} \over {d{x^2}}}$ by using the chain rule (which I dont think you can) and thus the nature of stationary point, or would I have to determine the nature of the stationary point another way?
I think I may have overlooked something, any help would be appreciated. Thank you.

As stated in the comments below, you can check whether a "stationary point" (a point where the first derivative is zero), is a maximum or minimum by using the first derivative. Evaluate points on each side of $x = 0$ to determine on which side it is decreasing (where $f'(x)$ is negative) and which side it is increasing (where $f'(x)$ is positive).
Increasing --> stationary --> decreasing $\implies$ maximum.
Decreasing ..> stationary ..> increasing $\implies$ minimum.
In your case, we have ($f'(x) > 0$ means $f$ is increasing to left of $x = 0$) and ($f'(x) <0$ means $f$ is decreasing to the right of $x = 0$) hence the point $\;(0, 1)\,$ is a local maximum of $f(x)$.

With respect to the second derivative:
While the quotient rule can simplify the evaluation of $\dfrac{d^2y}{dx^2}$, you can evaluate the second derivative of your given function by finding the derivative of $\;\displaystyle {{dy} \over {dx}} =   {{-2x} \over {{{({x^2} + 1)}^2}}}\;$ by using the chain rule and the product rule:  
Given $\quad \dfrac{dy}{dx} = (-2x)(x^2 + 1)^{-2},\;$
then using the product rule we get $$\frac{d^2y}{dx^2} = -2x \cdot \underbrace{\frac{d}{dx}\left((x^2 + 1)^{-2}\right)}_{\text{use chain rule}} + (x^2 + 1)^{-2}\cdot \dfrac{d}{dx}(-2x)$$

$$\frac{d^2y}{dx^2} = \frac{6x^2 - 2}{\left(x^2 + 1\right)^3}$$

Note: The product rule, if you haven't yet learned it, is as follows:
If $\;f(x) = g(x)\cdot h(x)\;$ (i.e., if $\,f(x)\,$ is the product of two functions, which we'll call $g(x)$ and $h(x)$ respectively), then 
$$f'(x) = g(x)h'(x) + g'(x)h(x)\tag{product rule}$$
