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Sagot :
The statement is False. Technical analysis is used specifically for determining the probable cost of performance for each offeror.
In finance, technical analysis is an evaluation technique for analyzing and forecasting the course of prices thru the take a look at past marketplace data, ordinarily charge, and extent. Behavioral economics and quantitative evaluation use many of the same equipment of technical evaluation, which, being an aspect of lively management, stands in contradiction to much of modern portfolio ideas. The efficacy of each technical and fundamental analysis is disputed with the aid of green-market speculation, which states that inventory market charges are basically unpredictable, and studies on whether or not technical evaluation offers any gain have produced mixed results.
The standards of technical analysis are derived from loads of years of monetary market information. some components of technical evaluation started to seem in Amsterdam-primarily based merchant Joseph de la Vega's bills of the Dutch monetary markets in the seventeenth century. In Asia, technical analysis is stated to be a way evolved by using Homma Munehisa all through the early 18th century which advanced into the usage of candlestick techniques and is these days a technical evaluation charting device.
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Complete Question:
True or False: Technical analysis is used specifically for determining the probable cost of performance for each offeror.
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