huge role in charting, but it is helpful when plotting support and resistance lines. + Information Traders -— Traders that react based on new information about firms that are revealed to the stack market. The underlying belief is that information traders are more adept in guessing or getting new ormation about firms and they can make predict how the market will react based on this. Hence, information traders correlate value and how information will affect this value. Valuation is important to information traders since they buy or sell shares based on their @ssessment on how new information will affect stock price. portfolio management, the following activities can be performed » the use of valuation techniques: * Stock selection - Is a particular asset fairly priced, overpriced, or underpriced in relation fo its prevailing computed intrinsic value and prices of comparable assets? + Deducing market expectations — Which estimates of a firm’s future performance are in line with the prevailing market price of its Stocks? Are there assumptions about fundamentals that will justify the prevailing price? y. investors do not have a lot of time to scour all available information to make investment decisions. Instead, they seek the help of ais to come up with information that they can use to decide their nalysts that work in the brokerage department of investment firms ation judgment that are contained in research reports that are -d widely to current and potential clients. Buy-side analysts, on the 00k at specific investment options and make valuation analysis nd report to a portfolio manager or investment committee. Buy-side nd to perform more in-depth analysis of a firm and engage in more = cock selection methodologies. nancial analysts assist clients to realize their investment goals by hem information that will help them make the right decision whether ll. They also play a significant role in the financial markets by right information to investors which enable the latter to buy or As a result, market prices of shares usually better reflect its real analysts often take a holistic look on businesses, they somewhat Snitoring role for the management to ensure that they make decision n line with the creating value for shareholders.