The Financial Statements

Previously, we wrote very briefly on how analysts use fundamental analysis to examine stocks. Typically these analysts would first analyze the financial statements of the firm. In the same way, every football team has such "report cards". We shall examine Manchester United's EPL record here.

We have upgraded the Goals Frequency Chart to include the scoring ability of a team over the whole season, past 10 games and past 3 games. You will observe that Man United's scoring ability has fallen over the past few games. Average goals in the whole game have dipped from from 2.1 to 1 for 10 games against 3 games.

We will compare the Goals Frequency Chart to a firm's income statement. An income statement is a financial statement that gives operating results for a specific period. So the Goals Frequency Chart explains how well a team has performed for the whole season, 10 games and 3 games.

Our next post we shall cover more "financial statements" to give a comprehensive picture of a team's past performance.