请高手帮找一篇财务报表分析(financial statement analysis)的外文论文,并帮忙翻译一下,谢谢

来源:百度知道 编辑:UC知道 时间:2024/05/28 02:27:42
最好是免费的论文,谢谢了,急寻~

Fundamental analysis of a business involves analyzing its financial statements and health, its management and competitive advantages, and its competitors and markets. The term is used to distinguish such analysis from other types of investment analysis, such as quantitative analysis and technical analysis.

Fundamental analysis is performed on historical and present data, but with the goal of making financial forecasts. There are several possible objectives:

* to conduct a company stock valuation and predict its probable price evolution,
* to make projection on its business performance,
* to evaluate its management and make internal business decisions,
* to calculate its credit risk.

Two analytical models

When the objective of the analysis is to determine what stock to buy and at what price, there are two basic methodologies.

1. Fundamental analysis maintains that markets may misprice a security