20.500.12556/DKUM-19697 ANALIZIRANJE RAČUNOVODSKIH IZKAZOV KOT PODLAGA ZA NAPOVEDOVANJE PRIHODNJE CENE DELNIC ANALYSING FINANCIAL STATEMENTS AS A BASIS FOR PREDICTING THE FUTURE PRICES OF SHARES Delnice so finančni instrumenti, s katerimi se trguje na borzi. Ponudba in povpraševanje se odražata v kotaciji tečajev, ki se spreminjajo skozi določeno obdobje. Za investitorje so računovodski izkazi najpomembnejši vir informacij pri tako imenovani temeljni analizi, medtem ko je tehnična analiza osnovana na analiziranju trendov in prometa posameznih delnic. Tehnična analiza prav tako temelji na grafičnih predstavitvah delniških kotacij. Poznamo linijske grafe, OHLC grafe in grafe z japonskimi svečkami. Podatki iz letnih poročil so ključni vir informacij za uspešno analiziranje finančnega stanja in poslovne uspešnosti. Analitiki s pomočjo grafov, matematičnih izračunov in formul obdelujejo številke, ki jih na drugi strani dopolnjujejo s svojimi komentarji in dodatnimi pojasnili. Za presojanje uporabljajo bilanco stanja, izkaz poslovnega izida in izkaz denarnih tokov. Krka, kot slovenski predstavnik, se je pri analiziranju izkazala za fleksibilnejše podjetje v primerjavi z Bayerjem. To nemško ustanovljeno podjetje je eden izmed svetovno vodilnih farmacevtskih podjetij. Njegova poslovna mreža je razširjena po vsem svetu. Na ceno delnic ne vplivajo le makroekonomske razmere v svetu, temveč tudi inflacija, obrestne mere na bančne depozite in splošna sistematična tveganja, ki se nanašajo na delnice. Tako je za delničarje pomemben podatek o dividendah, ki pomembneje vplivajo na pričakovano vrednost delnic. Shares are financial instruments with which we can trade on stock exchange. Supply and demand is reflected through listing of shares during some period. For investors, financial statements are the most important source of information at so-called fundamental analysis, meanwhile technical analysis is based on analysing trends and volume of a particular share. This kind of analysis is also based on graphical performances of some share listing and its price movement during a period. There are three different types of charts: first there is line chart, then there is OHLC chart, and a chart called ˝japanese candlestick˝. Annual report data is a crucial source of information, needed for successful analysis of a company, its financial condition and business perfomance. Analysts reshape the origin form of digits and, with the help of tools such as charts, mathematical calculations and formulas they combine them with their own commentaries and extra notes. They also use the balance sheet, the statement of income and the statement of cash flows. In this disertation we can see the comparison between Krka and Bayer. Krka is the Slovenian representative, who performed better and it is considered as a more flexible company in comparison with Bayer. The company was founded in Germany and is one of the leading global companies in pharmaceutical industry. Its business network is spread all over the world. Share prices are not only influenced by the macroeconomic conditions in the world, but also by main systematic risks, related to shares. For shareholders, there data about their dividends is also important, because it is significant for further expected prices of shares. borza delnice temeljna analiza tehnična analiza grafi računovodski izkazi analiziranje dividende pričakovana vrednost delnic. stock exchange shares fundamental analysis tehnical analysis charts financial statements analysing dividends expected price of share. true true false [D. Lebar] Slovenski jezik Angleški jezik Delo diplomskega seminarja/zaključno seminarsko delo/naloga 2011-08-24 12:51:34 2011-11-25 09:27:24 2022-04-13 15:35:34 2023-12-26 03:08:28 2011 0 Maribor 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 657.3 10856220 URN:SI:UM:DK:LXFQXLLH UNI_Lebar_Danijel_2011.pdf UNI_Lebar_Danijel_2011.pdf 1 388F3D6A2F4AC5C712A4844F9212896F 157dab26685690f32c6fc23aba3a98d8964b8fd1c35db3e694ec28b449c5c2ad 7086ff9b-7c05-11eb-bb7a-00155d0001ca 20.500.12556/dkum/829e1441-90a1-46c2-98f3-74d163f68a2d https://dk.um.si/Dokument.php?lang=slv&id=24752 Ekonomsko-poslovna fakulteta 0 0 0