Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Economic Analysis – Economic forecasting and stock
Investment Decisions – Forecasting techniques.
Industry Analysis : Industry classification, Industry
life cycle – Company Analysis Measuring Earnings
– Forecasting Earnings – Applied Valuation
Techniques – Graham and Dodd's investor ratios.
Concept
Fundamental analysis is the process of looking at a
business at the basic or fundamental financial level
Micro level analysis-if only one scrip is analyzed
Macro level-Whole market securities are analyzed
Objectives
To make a projection on its business performance
To evaluate its management
To calculate its credit risk
To conduct a company stock valuation
Approaches to the security analysis
Fundamental analysis
This is based on the assumption that a share
price is determined by fundamental factors
related to economy, industry and company