What are the main types of data mining methods in financial analysis 5

Updated on Financial 2024-05-24
5 answers
  1. Anonymous users2024-02-11

    The commonly used methods of data mining include classification, clustering, and association analysis;

    Financial analysis should have different purposes, and the methods used are different.

  2. Anonymous users2024-02-10

    Answers]: a, b, c, d

    Through the analysis and sorting of high-dimensional data, the quantitative thinking is upgraded to a level of application, and some laws and information hidden in high-dimensional data are mined out, and finally a quantitative trading strategy is formed. At present, the applied data mining models mainly include classification models, association models, sequential models, clustering models, etc., and the data mining methods mainly include neural networks, decision trees, online analysis and processing, and visualization of data trapped hail data.

  3. Anonymous users2024-02-09

    The basic method of financial statement analysis is as follows:

    1. Structural analysis methods.

    Structural analysis methods are also known as vertical analysis, longitudinal analysis, or common ratio analysis.

    2. Trend analysis method.

    Trend analysis is called horizontal analysis or horizontal analysis.

    3. Ratio analysis.

    Ratio analysis is the analysis of the relationship between two or more items in the accounting statement, which is expressed by relative numbers, so it is also called financial ratio.

    4. Comparative analysis methods.

    Comparative analysis is an analysis method that compares different data to find regularities and find out the differences between the objects of preparation.

    5. Project quality analysis method.

    Through the analysis of the amount and nature of each component item in the financial statements, the project quality analysis method restores the actual business activities and financial management activities corresponding to the enterprise, and evaluates the specific quality of each project on the basis of the specific business environment and business strategy of each project according to the characteristics and management requirements of each project, and then makes a judgment on the overall financial status and quality of the enterprise.

    Significance of Financial Statement Analysis:

    Financial statements provide a comprehensive picture of a company's financial position, results of operations and cash flow. However, the data on the financial statements alone cannot directly or comprehensively explain the financial status of the enterprise, especially the quality of the enterprise's operating conditions and the level of business results, and only the comparison of the financial indicators of the enterprise with the relevant data can explain the position of the enterprise's financial situation, so it is necessary to analyze the financial statements.

    Doing a good job in the analysis of financial statements can correctly evaluate the financial status, operating results and cash flow of the enterprise, and reveal the future rewards and risks of the enterprise; It can check the completion of the enterprise budget, evaluate the performance of management personnel, and provide help for the establishment and improvement of a reasonable incentive mechanism.

    1. Communicate effectively with the financial department;

    2. Make a correct assessment of the business performance of the enterprise;

    3. Provide support to decision-makers from a financial perspective;

    4. Understand the three major statements of the enterprise from the different perspectives of owners and operators;

    5. Quickly identify possible fraudulent elements in financial data;

    6. Learn to analyze the working capital of the enterprise and examine the shortcomings of the enterprise;

    7. Analyze the profit level of the enterprise from the cash flow statement.

  4. Anonymous users2024-02-08

    Hello dear. There are four basic methods for using financial information to analyze the financial status of an enterprise, namely:1

    Comparative analysis: It is to illustrate the quantitative relationship and quantitative differences between financial information, and to point out the direction for further analysis. This comparison can be compared with the actual plan, the current period with the previous period, or with other companies in the same industry. 2.

    Trend analysis: It is to reveal the changes in financial condition and operating results, as well as their causes and nature, and to help the future. The data used for trend analysis can be either absolute values, ratios, or percentage data; 3.

    It is through the analysis of financial ratios to understand the financial status and operating results of enterprises, often with the help of comparative analysis and trend analysis methods.

  5. Anonymous users2024-02-07

    Answer]: B Comparison is based on the evaluation criteria of a certain financial index and an index of the same nature. An analysis method that reveals the financial status, operating results and cash flow of an enterprise is the most basic analysis method and is widely used in the analysis of financial statements.

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