Technical Analysis attempts to O focuses on the Technology sector and predicts if the sector is going to underperform, outperform or market perform. B and C O estimates the intrinsic value of a security and compares it to the market value to determine if it is mispriced O forecast the direction of prices using past data â€" primarily prices and volume.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Technical Analysis attempts to
O focuses on the Technology sector and predicts if the sector is going to underperform, outperform or market perform.
O B and C
O estimates the intrinsic value of a security and compares it to the market value to determine if it is mispriced
forecast the direction of prices using past data â€" primarily prices and volume.
O forecast cash flows, like dividends, earnings and residual income, and then discount them to estimate the fair value
4
Transcribed Image Text:Technical Analysis attempts to O focuses on the Technology sector and predicts if the sector is going to underperform, outperform or market perform. O B and C O estimates the intrinsic value of a security and compares it to the market value to determine if it is mispriced forecast the direction of prices using past data â€" primarily prices and volume. O forecast cash flows, like dividends, earnings and residual income, and then discount them to estimate the fair value 4
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