Unit-3

Fundamtnlal analuysis
nched. ya_calualung a Secuwuily hy atemplinq ta
MLakure ilk inluinsic alue hs_euaTIining selattd
CCenenic Jinancial g sthtu qualilalie 4quanlilaive
aclens
a nalyats aliurpt h dludy uxehing ihat can alert
Stturilys alut
Thegoal is ta peduer ANalut:hat anisle Lom cenpane
_Secuils zueent puit.
se_ualseal data ta _euauate Secuih's ialus, ukedlyat any itr
eui

EA bcz.it gives ansuenB_

t has a Slhenq pe To bcai ik Lempelilts_in Julure?

t abe to.rapay dehls 2
 ,s kneudludgc obsnt Jimomk atthunling econamics
,

r e l e s
n
publit dala Such oB empany's halrical
,

cownings
amgntal yaclois qypedl inb 2.
Dali1 Capahls being
o uanlilal

wuoáund. or expussed, an
qwHi deum&d
Sns o quanlalkan dala imancial. am
Con mtabunt Hutue, pMauk, asuds

ualilalie: xdlatad. a hasud tn quaaj chavoden s, Samdting,

Qualila

elken spcd to ik Size t quanily

These ane Jangiblt: Jadies sumeunding biz
hxarnd -nuama gnilhitn, patenils ro pnepnidany teth, kay
CreuliJuakily heaud mimbes
Furndamantal sdnalysis ternaisks ai 3pavds
0Econemicamialysin
nhusny
ompany

0 Ecernernic Amalysis
Luenai Eeycaähog ii6apuaussdaliomplng fa
pLdiat hu Julia Lendilien the tcsney L6ig a
Lambimalítn inditalt

tdniouzs
0Ecomenis ndiralts
Vartahlte that psudit ha hilhna4 niancial or cenemia
Iends
Fscal laiy,Menulanydolicy
dadingmdit indicalbs oat i gng ta hapen in cnianyRsexun
ding_Indicale:
identalsheus thu cusount. slak 4wenemy(GOE.Fntextát Kats
changes occun in lading 9 coinidenlal indicale rejlecls
laggingCea: Urunplayent nabe
 CAte

Bikusibn Aempesile Tndicis

ma&ux the shsaath d biz syels mevmtnt Coponbenlen.
evidcs an _evowiao _econamio adivsly a a couny
nboducd lay Nalisnal Bunnu.tesnemle Keseanch intbs

CEcenendkie meal
Te etccast dhe simaslale a uonemg
3 Tpes
OEndagensus Yariablsi: rvalue s detzsrined wtha madtlbase
l n then auiahlts
(n Exusgemsus -alus gien 6uthide thu merlel.4.
detrumins endegensus vaxiablta

SNIey : prxsen aenlat 4 quzslennoins n coilbeoleclid

m indisduals.ta psdict ie pluss ecmsnút Scunos
Lactass
GpP

Tnteestnate
laa skucus
Beuupraphi faslu
Slalh 4 cenemy
Ga hudge
Junkage witld ueruny
Eteneru cosls

. .
 Landusby analysis

biz_haseden i6 stages euth g daulina

Tnbueduthlien

E eth

nahinly
Becline

educlien2 tinselies dtielepmunt g.cawly

a tu puadutISexuicr maskalina
hduly hamde fh he highly kagmintud.
o fashiipanb kunds A be wnpslnblk _bez ptndes Au
nLuud T_duelep g mochet thusaninp VU

GgdthLonkumeus in mu induisluy haun cemz urdauatand

hualut nun oing jdemand. gaes sapidy
0Miz pHACLsE8 AN2 mpxLRd, 4 gosounphical eapan~ien
Lermen

ataluwly : beging ul shakaeud pexied,duaving eh guath

2le, jecuk shitlk Ieusands capenke seduthen
malunily s achiused, harwiccsthertiy_become higher.
Lempeldlie landktope_beentzs mete clha.-
Beking mawkaHe_erd _an induänys abilih fa supet

dkmpeliles nd h indubbuy-
Signak the endA the vinkilla Je biz rued
Eine
 Date

Tnauaby lassiticalien
bavacdexizad by_cxprclalens d ahnormaly
0 Geth industrics:
high xates ezpamsên_in cannings,i
O independent e biryole.
Lyclital indusits:ely t beneul.yeema pesind
CCenemit japerils liktly Sulenum
fe peiod oeconmis

&eruinilits am
oen&ie induabuss Contains puans uohaee
ineste might held et incemt

dndusluy_analsis_laclens

Ogueuth suate 4 induau 3uaT Amalyais

ONolane d Lempelilien 0.Trdusliy lyu suel
natina g puaduct
Jor uomuetk

tat tuhanslogu-
empamy_analysi Steps GA
Men&uning Easnings
Omedsusemunt ataunings is ha8td en -4ans o in
0hleznal ini onzusl a dalà 4urns madzpuuhlis hy ima
Loncenmin thtin epezaliens
Cncem simt, Balantt Sheet,stntdLosh slaa)

Entexnal a gmuuatol inolypendtnlly_euteids thu semphay

pLAEdL Supplemznt W intenmal_3uc
Ralin ngznuith Mepek, tuonemic Suueys)
 pO1G
i dttemmimeh by dh prosent
vnlut &lunu inuoma

i_in Suha udy So as to puoide shoncheldou btat

sbksaluwnl inusted
Pp opoauens, knanimg g Eonming.
dphod Nalualian
Cast nat £iy enpeutd seluan but alss expected uak q on

Elmcnat_

Guaham4ada Rala.:Shillr PlE) r CAPE

ANalunlian menkune uually opplied. to élorkeq cguily
a r k o l s

cimtd D6: Pica Laug 10 l tnxnings

GAPE yelkcolily ddtustod Plz kala)
Conpaa_puicns wlauge0srings ackush muilpk pua la
dexixit

luhnisal ralyais"OAudyschost patiexna g etatuálcal

E to undsxskamd, moskat kunds gpick sleks
IeLOALing_uuninanuial paicu _Mbnure hozeel en
DEAminalian p0át peice maUerunl
T hulps inieaiots anlicipala at ia liktu,to happen ta puiczs c
ntUses onsisiy chaslh that shou pale N line
9Sudy a thzse chaut pallin ghunds in slack pxitt callud
Tohnical anolyaiz a laeks
u s e d et shert Luum uadin, r leng-deum
pat huimg
|puspeH_dechmicalanolysis. y9u 0mhe u0dy Lulain
niRA, 4_un_uranalysis sk conimid hs adual slaut q mee
bndng p c0mhe lakun
 Date
3-s6umplen in duchmisal annlysis a stooks
Navket pudte saylacls oll thu int obaul a slock
(Steck priccs tollu Tends
nttexm_dend te upeat thumslurs

Based en thuse aszumpliens ,u ton_ue a.imp technical

imducnlaxs th idtnity maxket bunds phucirt uluna slak puu
hy DL
limu chast
Bor chast
dopameseLamdlk alik

Rernd Analyas
Bcht_insuumtns tambe classiked 0b,
OMeny Tmauket inslbuumunt (MMI)
ang un (LIT

0 MMI Repa_ mnskel

Loll manay maaket

LTI 0ZHa_cBupan hend QLmseslinls

Redstmable a Nen cneltbls
Tnsdmahle O tuwmulalan
GNen-cumulalise

lalue gAend Trdeett xate hat a hend tnuxsle_aianl Jetm-

inuelina_in a hend. s uanedh egyuixed ieldl
OTha Py a hend calulated as
Po i (1+h C1+Ka
 .foI x PVA, +PYPVI

Annual payohlt. on bend

indtuuad

hinclpal paymtnd al he 44 tha m

Yldtamaludy CIM)
u silhuns that invslot uiduld an pueoid1d
Ovh hu Ev
tho berds unlid. maluily His hu xate
hend.
ualis the W Lulunt tash lau af
EVPy hend
:TXPVA t PrPvIEnt

ng_aEkngeBcalulatad yet lengen duslien CLe,10 da-

shaup kupuent uzlunlens_in asok

aoluulntod fh umex
shont

callkd Airnlk meuino atHage

Marng DuKHAgE i8
0 capentrilial MA
lintan weighkd MA

pp.t_and Resiktan.
behues glass zuiling ep)4.glass
OTukrienl analyais thesty
laet Lhellem)s thn
hese_z leusels unlss thuc_axe
Dtackponiczs moe_eny bla
tnije huakaulean prilk oksNthtlock utt rot gs
Resistanct-shen slach
ik ucached iatpent
OUep is calld
bun ushd sell hu glack falL, t is
Jevnd belou vch Sleek uill nt
&n8_min puice
led upprt
 oMPape tio
Date

0Jrueslos bu n stock ahn t.

is lase Io_8u4pprt G &
su0816fance.
uhem it is deseo
O Thtse kecp meving Jightnon lou

chowts
aphicnl saprcsamlaliens pulce ing } 3eunilis boto
kazden_tombinatian d vie
chauk ple hialanicol data
e u m4 m ud t u a l s

Ohokin.Ldams chont
links th
0Lempeed 4 a singk hint um leyE T+ night that
clesina psuioes
i B aed fo gtve.Vexy Qern2xal ieuaehislekical 4uent
dinerlion
COHtLC
Ron chauls : (Apen-high-leun-dese )chauts.
|G Lempkised &exlhcok lints that indicates pHuice Ham
dusing im pamu.
Thay Tokz _inta_ncceund allpuice O-H-Lc
High apHebunt HULimg_pouGO

-Lese Oi spem piceLlasepuiceim Lolt

eding- is hlach lgen
epem- omgo iO 2c Red colt
uopesent fpllimg_pouvd
 OMS
Dt

on p-day -uhen dlasc i highn day thu day beteu

oun-day. lewv
Senulimas clee_is deuonbcz mamy thadus sell on dlase So
d any paict deelincs to bad nus outunight.

p und.i Souies.ap-dauys, bath highen. Jous g hughn closes

Lenlium_it
leuen bund-Cppa&ite

n d o n g .bans

het bo) how

is highex than
Qutside
thanpiiiGJ
Cuiside Jmaidk doywhuwe epen
PHRIKOULepeg zu
Letwe than pruiL Lkase
oun dau High
Up-day

Loclens auecling olualian :

Luemt slack maukot_puice o shaues

Poutua eaNnLd &diuidend poid sun tit syeans
Osailabilily ueaexes Ailua pespeils 4company
Renlzsabl value net assiz a2_CRmApaay
Luxent g delxed. linhililus er emjany
Net nerh Lempamy-
a aualdy 4 fop middle angmt 4 the conpay
Keced Apertumanet a cayaay in limanuialteans.