PL EN


2006 | 4(51) | 303-318
Article title

DOES FUNDAMENTAL ANALYSIS MAKE SENSE

Authors
Title variants
Languages of publication
PL
Abstracts
EN
The purpose of the article is discussing the thesis: Accurate investing in securities is very difficult and attempts to interpret the fundamental information about stock exchange companies are undoubtedly one of the most difficult and desired efforts of participants of the financial market. Therefore, on the basis of the Polish and foreign literature studies it was possible to present uncertainties connected with fundamental analysis and to conclude that there is no explicit response to the question whether this analysis makes sense. Stock exchange market movements are based on inclinations and investors have different beliefs and experience, different levels of knowledge and the way of noticing the world. Moreover they have the access to the secret information and exaggerated confidence to their own knowledge and skills so they do mistakes in forecasts. A thesis of the article that the work of financial analysts is an extremely difficult task has been proven and they themselves can achieve outstanding profits. Despite everything, fundamental analysis of stock exchange companies makes sense, but should not be equated with the guarantee of success.
Year
Issue
Pages
303-318
Physical description
Document type
COMMUNICATION
Contributors
  • S. Hucik-Gaicka, Akademia Ekonomiczna we Wroclawiu, Wydzial Zarzadzania i Informatyki, ul. Komandorska 118/120, 53-345 Wroclaw, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
07PLAAAA02064396
YADDA identifier
bwmeta1.element.7f220564-0589-3545-99b4-69ac01bb4e69
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