Question：Which theory of share price behaviour does the following statement describe?
 
　　'The analysis of external and internal influences upon the operations of a company with a view to assisting in investment decisions.'
 
　　A. Technical analysis.
 
　　B. Random walk theory.
 
　　C. Fundamental analysis theory.
 
　　D. Chartism.
 
　　The correct answer is: Fundamental analysis theory.
 
　　解析：Chartism assumes that past price movements will be repeated and can be used to predict future prices. This is also called technical analysis.
 
　　Random walk theory is where the share price movement is expected to fluctuate around its intrinsic value.
 
　　Fundamental analysis involves finding as much information that is publically available in order to value a company's shares.

 
展开全文