Fundamental analysis, in accounting and finance, is the analysis of a business's financial statements. It considers the overall state of the economy and factors including interest rates, earnings, employment, GDP, housing and management. There are two basic approaches that can be used: top down analysis; these terms are used to distinguish such analysis from other types of investment analysis, such as quantitative and technical. 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 find out the intrinsic value of the share. There are two basic methodologies investors rely upon when the objective of the analysis is to determine what stock to buy and at what price,: Fundamental analysis maintains that markets may incorrectly price a security in the short run but that the "correct" price will be reached. Profits can be made by purchasing the wrongly priced security and waiting for the market to recognize its "mistake" and reprice the security.
Technical analysis Technical analysts look at trends and price levels and believe that trend changes confirm sentiment changes. Recognizable price chart patterns may be found due to investors' emotional responses to price movements. Technical analysts evaluate historical trends and ranges to predict future price movement. Investors can use one or both of these complementary methods for stock picking. For example, many fundamental investors use technicals for deciding exit points. A large proportion of technical investors use fundamentals to limit their universe of possible stock to "good" companies; the choice of stock analysis is determined by the investor's belief in the different paradigms for "how the stock market works". For explanations of these paradigms, see the discussions at efficient-market hypothesis, random walk hypothesis, capital asset pricing model, Fed model Theory of Equity Valuation, market-based valuation, behavioral finance. Fundamental analysis includes: Economic analysis Industry analysis Company analysisThe intrinsic value of the shares is determined based upon these three analyses.
It is this value, considered the true value of the share. If the intrinsic value is higher than the market price, buying the share is recommended. If it is equal to market price, it is recommended to hold the share. Investors may use fundamental analysis within different portfolio management styles. Buy and hold investors believe that latching on to good businesses allows the investor's asset to grow with the business. Fundamental analysis lets them find "good" companies, so they lower their risk and the probability of wipe-out. Value investors restrict their attention to under-valued companies, believing that "it's hard to fall out of a ditch"; the values they follow come from fundamental analysis. Managers may use fundamental analysis to value "good" and "bad" companies. Managers may consider the economic cycle in determining whether conditions are "right" to buy fundamentally suitable companies. Contrarian investors hold that "in the short run, the market is a voting machine, not a weighing machine".
Fundamental analysis allows an investor to make his or her own decision on value, while ignoring the opinions of the market. Managers may use fundamental analysis to determine future growth rates for buying high priced growth stocks. Managers may include fundamental factors along with technical factors in computer models. Investors using fundamental analysis can use either a bottom-up approach; the top-down investor starts their analysis with global economics, including both international and national economic indicators. These may include GDP growth rates, interest rates, exchange rates and energy prices, they subsequently narrow their search to regional/ industry analysis of total sales, price levels, the effects of competing products, foreign competition, entry or exit from the industry. Only do they refine their search to the best business in the area being studied; the bottom-up investor starts with specific businesses, regardless of their industry/region, proceeds in reverse of the top-down approach.
The analysis of a business's health starts with a financial statement analysis that includes financial ratios. It looks at operating cash flow, new equity issues and capital financing; the earnings estimates and growth rate projections published by Thomson Reuters and others can be considered either "fundamental" or "technical" based on perception of their validity. Determined growth rates and risk levels are used in various valuation models; the foremost is the discounted cash flow model, which calculates the present value of the future: dividends received by the investor, along with the eventual sale price. The amount of debt a company possesses is a major consideration in determining its health, it can be assessed using the debt-to-equity ratio and the current ratio. The simple model used is the P/E ratio. Implicit in this model of a perpetual annuity (time val
"Geography of Global Conflict" is the second episode of third season of the American television series Community. It was broadcast on September 29, 2011 on NBC. Annie Edison is shocked to discover a fellow student, Annie Kim, is just as smart and tenacious as she is, she has won over the favor of her political science class teacher, Professor Cligoris. Annie E. brings Annie K. to the study group, hoping to make friends with her, but instead the two get into a verbal battle of one-ups-manship, Annie E. asserts that she will be starting a Model United Nations at Greendale. Annie E. discovers that Annie K. has stolen her idea of the Model UN, becomes worried that losing out to Annie K. will send her back to the "dark side." Jeff discusses the issue with Cligoris. Professor Cligoris says there is only room at Greendale for one Model UN, so they will have a competition to see which Model UN is the better one. Annie E. convinces sans Britta, to help out. Britta, has become more committed to her studies, but panics when she sees a flyer for a former friend, now in prison in Syria.
She feels sorry that her friend is being tortured while she is getting a "new life" and starts to act rambunctiously, such as kicking a trash can or staging a demonstration in the school halls. These actions only please newly appointed security guard Chang, but Britta denies that she will break a law, preventing Chang from detaining her; the Model UN challenge starts. The two teams are given random conflicts, their ability to work together to resolve the conflict with the best results is used to determine their score. Annie E. and the study group appear ready to win. Annie gets upset at the group, but Jeff tells her she's acting like a school girl, causing her to run away. Jeff apologizes. Annie worries that she is acting like a school girl, but Jeff asserts that he sees her as more mature than that, they realize they have romantic feelings for each other but decide to stay at a comfortable distance, return to the competition. Now close to losing, Abed comes up with a plan. Annie K. refuses to do so, but Professor Cligoris sees Annie E.'s actions as appropriate "empty promises" that the UN was built on, asserts Annie E.'s team the winner.
Their celebration is interrupted. Chang tasers her for disrupting the students; the episode was written by his fourth writing credit for the series. It was directed by his 17th directing credit for the series; the episode received positive reviews from the critics. Steve Heisler, of NYMag, said of the episode, "The problem I’ve always had with Community — admittedly a minor one —is that it’s so obsessed with wit and style that the show reads as disingenuous. Sure, they’re a hell of a lot of fun, but episodes can feel empty without pathos or a real, grounded sense of empathy, but as last week’s show-stopping musical number promised, this is a whole new Community, the show is ready to make amends for its past mistakes. “Geography of Global Conflict” wasn’t an unstoppable joke machine like Community at its best, nor was it a tear gas-canister full of emotion. But the episode teased what will carry on throughout the season: a reevaluation of character relationships and maybe, just maybe, some real heart.
And Tasering."In its original broadcast, "Geography of Global Conflict" reached nearly 4.1 million households, with a 1.8/5 share in the 18-49 demographic. "Geography of Global Conflict" at NBC.com "Geography of Global Conflict" on IMDb "Geography of Global Conflict" at TV.com "Geography of Global Conflict" at TV Tropes
Mahagaon is located in Pusad subdivision of Yavatmal district in the state of Maharashtra, India. It is located on the Maharashtra State Highway-3 MH MSH-3 and Maharashtra State Highways MH SH-183 connecting to Deulgaon Raja in Buldhana district and MH-232 connecting Kinwat town in Nanded district. Mahagaon is a small and beautiful taluka place famously known as COTTON TOWN situated in Yavatmal District of Maharashtra. East India Company created Berar Province in 1853, Yavatmal became part of East Berar District in 1863 and part of the South East Berar district, both districts of the Central Provinces and Berar. Mahagaon remained part of Madhya Pradesh until the 1956 reorganization of states when it was transferred to the Bombay State. With the creation of the Maharashtra state on 1 May 1960, Mahagaon along with Yavatmal district became a part of it. Mahagaon is surrounded by hills from all the sides and is at little lower elevation than these hills. Pus nadi is lifeline of the town and a source of drinking water and irrigation water.
The Mahagaon has population of 8248 of which 4169 are males while 4079 are females with total 1949 families residing as per Population Census 2011. In Mahagaon village population of children with age 0-6 is 980 which makes up 11.88% of total population of village. Average Sex Ratio of Mahagaon village is 978, higher than Maharashtra state average of 929. Child Sex Ratio for the Mahagaon as per census is 929, higher than Maharashtra average of 894. Mahagaon village has higher literacy rate compared to Maharashtra. In 2011, literacy rate of Mahagaon village was 85.54% compared to 82.34% of Maharashtra. In Mahagaon Male literacy stands at 91.31% while female literacy rate was 79.68%. As per constitution of India and Panchyati Raaj Act, Mahagaon is administrated by Nagar Panchayat adhyakshya, elected representative of town; when we went into the history of town the credit of civilization goes to great personalities in town from Shree. Vishramji patil Narwade, the Sarpanch of village and one of the Initial developer of town,Shree Vasantraoji Naik former chief minister Maharashtra, Sudhakarraoji Naik former chief minister of Maharashtra and governor of Himachal Pradesh and many Others.
Mahagaon and surrounding areas depend on agriculture as the main source of income. The land in the region is well irrigated because of Pus dam, Veni Dam. Pus River provide direct irrigation water to farms. Drinking water is sourced from this canal. Main crops include Sugarcane, Soybean, Bengal gram and Wheat. There is a market place for food grains in the city; as main crop of Mahagaon are Cotton and Suger cane, there are two co-operative sugar factories viz. 1. Vasant Co-operative Sugar Factory, Vasant Nagar 2. Pushpavanti Co-operativ Sugar FacFactorSawana and Babasaheb Naik Cotton Mill at Pimpalgaon