Which of the following is true regarding fundamental analysis?

A) Involves research to discover everything about a firm, its business, and its industry
B) Uses data collected on the company to forecast future cash flows
C) Analysts are also referred to as chartists.
D) Both a & b
E) All of the above

Fundamental Analysis

A systematic process in which a security is valued by estimating the performance of the underlying company and the future cash flows associated with owning the security. These are discounted to arrive at an intrinsic value for the security.

Future Cash Flows

Projected cash transactions that are expected to occur as part of future operations of a business.