[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/www.ca-ali.cz\/fundamentalni-vs-technicka-analyza\/#Article","mainEntityOfPage":"https:\/\/www.ca-ali.cz\/fundamentalni-vs-technicka-analyza\/","headline":"Fundament\u00e1ln\u00ed vs. Technick\u00e1 anal\u00fdza","name":"Fundament\u00e1ln\u00ed vs. Technick\u00e1 anal\u00fdza","description":"Technick\u00e1 a fundament\u00e1ln\u00ed anal\u00fdza jsou dva hlavn\u00ed sm\u011bry, kter\u00fdmi se chcete ub\u00edrat, pot\u0159ebujete-li pochopit finan\u010dn\u00ed trhy. Technick\u00e1 anal\u00fdza sleduje pohyb cen a na tomto z\u00e1klad\u011b se je pokou\u0161\u00ed p\u0159edv\u00eddat. Fundament\u00e1ln\u00ed se zase zab\u00fdv\u00e1 v\u0161emi ekonomick\u00fdmi a finan\u010dn\u00edmi faktory, kter\u00e9 ovliv\u0148uj\u00ed byznys. Poj\u010fme si podrobn\u011bji pospat rozd\u00edly mezi nimi; Techni\u010dt\u00ed analytikov\u00e9 za\u010d\u00ednaj\u00ed anal\u00fdzu s tabulkami, zat\u00edmco […]","datePublished":"2025-03-07","dateModified":"2023-04-27","author":{"@type":"Person","@id":"https:\/\/www.ca-ali.cz\/author\/#Person","name":"ca-ali.cz\n","url":"https:\/\/www.ca-ali.cz\/author\/","identifier":1,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/9d25b0af9840660883a67790aa4f595ddc226aa4680c4cf7bc03a25c14fcef85?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9d25b0af9840660883a67790aa4f595ddc226aa4680c4cf7bc03a25c14fcef85?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"ca-ali.cz","logo":{"@type":"ImageObject","@id":"\/logo.png","url":"\/logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.ca-ali.cz\/wp-content\/uploads\/img_a289838_w1709_t1501356919.jpg","url":"https:\/\/www.ca-ali.cz\/wp-content\/uploads\/img_a289838_w1709_t1501356919.jpg","height":0,"width":0},"url":"https:\/\/www.ca-ali.cz\/fundamentalni-vs-technicka-analyza\/","about":["Business"],"wordCount":378,"articleBody":"Technick\u00e1 a fundament\u00e1ln\u00ed anal\u00fdza jsou dva hlavn\u00ed sm\u011bry, kter\u00fdmi se chcete ub\u00edrat, pot\u0159ebujete-li pochopit finan\u010dn\u00ed trhy. Technick\u00e1 anal\u00fdza sleduje pohyb cen a na tomto z\u00e1klad\u011b se je pokou\u0161\u00ed p\u0159edv\u00eddat. Fundament\u00e1ln\u00ed se zase zab\u00fdv\u00e1 v\u0161emi ekonomick\u00fdmi a finan\u010dn\u00edmi faktory, kter\u00e9 ovliv\u0148uj\u00ed byznys. Poj\u010fme si podrobn\u011bji pospat rozd\u00edly mezi nimi;Techni\u010dt\u00ed analytikov\u00e9 za\u010d\u00ednaj\u00ed anal\u00fdzu s tabulkami, zat\u00edmco fundament\u00e1ln\u00ed se shrnut\u00edm finan\u010dn\u00ed situace spole\u010dnosti. Tento sm\u011br se pokou\u0161\u00ed ur\u010dit skute\u010dnou hodnotu spole\u010dnosti sledov\u00e1n\u00edm p\u0159\u00edjm\u016f, cashflow, z\u016fstatk\u016f, hodnotu o\u010dek\u00e1van\u00fdch pen\u011b\u017en\u00edch tok\u016f a \u010distou sou\u010dasnou hodnotu. Cena na trhu, kter\u00e1 se nach\u00e1z\u00ed pod skute\u010dnou cenou spole\u010dnosti, je dobrou finan\u010dn\u00ed p\u0159\u00edle\u017eitost\u00ed a naopak.Techni\u010dt\u00ed analytikov\u00e9 v\u011b\u0159\u00ed, \u017ee nen\u00ed pot\u0159eba analyzovat finan\u010dn\u00ed prost\u0159edky spole\u010dnosti, proto\u017ee cena na trhu u\u017e v\u0161echny tyto aspekty obsahuje. M\u00edsto toho se v\u011bnuj\u00ed \u010dten\u00edm grafu a hledaj\u00ed vod\u00edtka, kam cena sm\u011b\u0159uje.Fundament\u00e1ln\u00ed je oproti technick\u00e9 dlouhodob\u00e1 z\u00e1le\u017eitost. Zat\u00edmco tabulky se omezuj\u00ed na \u0159\u00e1dy t\u00fddn\u016f, dn\u016f \u010di dokonce minut, fundament\u00e1ln\u00ed anal\u00fdza nahl\u00ed\u017e\u00ed na data v souvislosti n\u011bkolika let.Investo\u0159i soust\u0159ed\u00edc\u00ed se na fundament\u00e1ln\u00ed anal\u00fdzy obvykle \u010dekaj\u00ed dlouhou dobu, ne\u017e se vnit\u0159n\u00ed zm\u011bny ve spole\u010dnosti projev\u00ed na trhu. Value investo\u0159i nap\u0159\u00edklad p\u0159edpokl\u00e1daj\u00ed, \u017ee trh dostate\u010dn\u011b nedoce\u0148uje hodnotu v kr\u00e1tkodob\u00e9m hledisku, ale v\u011b\u0159\u00ed, \u017ee v dlouhodob\u00e9m se cena postupn\u011b vyrovn\u00e1.\u00a0 To m\u016f\u017ee trvat v \u010dasov\u00e9m \u00faseku a\u017e n\u011bkolika let, v n\u011bkter\u00fdch p\u0159\u00edpadech. Jejich p\u0159edpoklady se op\u00edraj\u00ed o \u010dtvrtletn\u00ed \u00fa\u010detn\u00ed uz\u00e1v\u011brky, stejn\u011b jako ceny akci\u00ed, jejich\u017e hodnota se nem\u011bn\u00ed ka\u017ed\u00fd den.Spole\u010dnost koneckonc\u016f neprovede \u017e\u00e1dn\u00e9 rozs\u00e1hl\u00e9 zm\u011bny p\u0159es noc, vytvo\u0159it nov\u00e9 produkty zabere n\u011bjak\u00fd \u010das a p\u0159edch\u00e1z\u00ed jim mnoho peripeti\u00ed. \u010c\u00e1ste\u010dn\u00fd d\u016fvod, pro\u010d se fundament\u00e1ln\u00ed analytici v\u011bnuj\u00ed dlouhodob\u00fdm investic\u00edm, je tak\u00e9 ten, \u017ee informace, kter\u00e9 pot\u0159ebuj\u00ed, se objevuj\u00ed mnohem pomaleji.                                                                                                                                                                                                                                                                                                                                                                                        4.6\/5 - (7 votes)        "},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Fundament\u00e1ln\u00ed vs. Technick\u00e1 anal\u00fdza","item":"https:\/\/www.ca-ali.cz\/fundamentalni-vs-technicka-analyza\/#breadcrumbitem"}]}]