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What statistic could replace earnings in the "Amazon era?"
- Thread starter farmerjohn1324
- Start date
Stop the nonsense. Every trade (long, short or spread) is a prediction.
You are 100% correct.
But to try to find some common ground here... Perhaps it's best to say that even when we "predict" we are hopefully admitting to ourselves that we are just talking about a supposed higher probability of something happening and not a certainty.
But I'm definitely just splitting hairs.
There's no common ground here.You asked a question regarding fundamental metrics,and Tradex gave the,usual nothing works but price action,while Mr Casino went off tge deep end
It's also true that fundamentals don't always predict. Whatever the fundamentals said in December 2019 definitely fell apart very quickly.
I am of the opinion that even people with PhD's in economics don't mostly know the fundamentals. It's yet to be discovered on the grandest scale. Analyzing companies is micro-.
It's also true that fundamentals don't always predict. Whatever the fundamentals said in December 2019 definitely fell apart very quickly.
I am of the opinion that even people with PhD's in economics don't mostly know the fundamentals. It's yet to be discovered on the grandest scale. Analyzing companies is micro-.
Fundamentals don't predict anything. they are sources of information that explain the current and past world. You use them as an input to make a prediction about the future.
Say that again?Fundamentals don't predict anything. they are sources of information that explain the current and past world. You use them as an input to make a prediction about the future.
Say that again?
It’s like saying a speedometer predicts if a car is going to have an accident.
A speedometer only tells you how fast you are going. To predict if you will have an accident you take the measurements a speedometer is providing you to make a conclusion.
Only if you believe the old gubmint lie speed kills.It’s like saying a speedometer predicts if a car is going to have an accident.
A speedometer only tells you how fast you are going. To predict if you will have an accident you take the measurements a speedometer is providing you to make a conclusion.
But the way I read what you previously posted is - funnymentals don't predict, you use them to predict. Which in my mind doesn't compute.
Only if you believe the old gubmint lie speed kills.
But the way I read what you previously posted is - funnymentals don't predict, you use them to predict. Which in my mind doesn't compute.
I take back what I said, “fundamental analysis” is the study of a company’s underlying business to determine if a stock is rich or cheap. fundamental analysis is a form of prediction.
Looking at current financial statements are not as they only tell you what the company is doing now. As part of fundamental analysis, you would look at current financial statements along with other information to make a prediction.