- by Stocktry Expert
- 09 Nov 2021
Fundamental Analysis
Why Fundamental Analysis?
- When an investor wants to invest in a business for the long term, it becomes very important for him/her to understand the actual business activities.
- Tracking the market price movement is not enough for long-term investing.
- A fundamentally strong company may not have an attractive market price movement, but in the long run, it will provide good returns to investors.
Tools For Fundamental Analysis
Company's Annual Report:
All the information related is available from the company's annual report. It is the most authentic source of data. The annual report can be downloaded from the company's website for free.
Industry Data:
It is important to know how the concerned industry is performing and will perform. It will help to know how the company can grow in the future. The basic industry data is available for free from various internet sources.
Tools For Fundamental Analysis
Daily News:
Being updated with daily news helps in knowing what's happening with the company and the market as a whole. Such information may not be available from the company's sources, but it is crucial for long-term investment.
MS Excel:
This is not so important as the other 3 tools, but it can be useful for further analysis of available information.
