About Fundamental Data

Last modified 21:43, 2 Nov 2012

Fundamental Data

Your SOFTWARE's fundamental work pages, calculators, scans, indicators, Hi-Lites and drawing tools are produced using fundamental data gleaned from companies' financial reports and statements.

Fundamental Data can be used in a number of ways.

At one level it is used to supply simple economic information, for example what a company's Market Capitalization is.

It can also be used to compare a company's current performance against its own previous performance.

By including Fundamental Data in a mathematical formula, ratios can be created that are useful in comparing one company's particular performance with another company, or with an industry or sector average. These ratios can be arrived at using a combination of fundamental data types, or can include fundamental data together with the company's price data.

Your SOFTWARE's fair value calculators can even employ the fundamental data to calculate and indicative price based on a number of expert's opinions of how a company's performance interacts with its share price.

Of course for all this to happen the data must come from a reliable source, it must be delivered in a timely and secure manner, and it must be stored and maintained in an accessible manner. This section of the help will explain how Your SOFTWARE's Fundamental Data meets these requirements.

Data Source

vgthomsonicontrnsprnt.gifThe initial source of Fundamental Data is each company's financial statements and reports required to be periodically produced in order to comply with various market or governmental regulations or legislation.

The format and presentation of this information varies enormously but recent advances in standardization of accounting practices allow this information to be collected, recorded and presented in a standard manner.

Your SOFTWARE's Fundamental Data relies on Thomson Financial's WorldScope Global Database to perform these functions.

For more information on the database, and Thompson's processes and procedures for collecting and consolidating international financial data, go to the Thomson Financial Fundamental Data topic

Data Delivery

Fundamental Data is different from the two other types of data that Your SOFTWARE employs: System Data and Price Data.

Fundamental Data resides in its own area in Your SOFTWARE's database and both the initial population of this database, and the day to day upkeep of it are slightly different than the other data types.

Go to the Fundamental Data Delivery topic for an overview of the processes and links to detailed explanations of all stages of fundamental data delivery and upkeep.

Data Display

Fundamental Data is normally required to be reported on a periodic basis.

Whereas Price Data can be displayed on a daily, weekly, monthly, etc. basis, Fundamental Data is often analyzed on either an annual or quarterly (or half-yearly depending on the country) basis.

Your SOFTWARE allows users to display data on an Annual or Interim basis. When one is selected, all tables and graphs will display the fundamental data in that format.

For more information, go to the Fundamental Data Display Settings topic.

Data Groupings

Thomson Financial supplies not only raw financial data, but also ratios that have been calculated using financial data, or financial data and market data, or other combinations of price, market and financial data.

The objective of many of these ratios and reported data types can differ but many of them are used by financial analysts for similar reasons.

Your SOFTWARE has grouped the experts together with the financial data and ratios that they often use into the following groupings:

  • Stock Performance
  • Growth Rates
  • Profitability
  • Asset Utilization
  • Leverage
  • Liquidity

Users will notice these groupings throughout the fundamental analysis tools contained in Your SOFTWARE, such as the Single Stock Analysis Pages, Your SOFTWARE's Start Page, the fundamental calculators, fundamental scanning criteria, and even the fundamental indicators that can be displayed on price charts.

For more information on these groups, and details of the ratios and data types included in each, go to the Fundamental Data Groups topic.

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