Published Paper Details:

Trading, gambling, and investing all involve risk and chance to some extent. But they differ from one another. Even though stock trading is subject to the vagaries of the market, it is based on a database of financial data which serves as a backbone for both traders and investors. It is not incorrect to compare uninformed investing to gambling. Investors must have a solid understanding of the company's fundamentals because doing so makes it easier to distinguish between good and bad stocks. The purpose of the study is to evaluate a company's fundamentals and quantify how closely they relate to the share price using descriptive statistics. The study discusses all crucial ratios, including the 10 crucial ratios known as F_Decile (solvency ratios, profitability ratios, valuation ratios, debt ratios, and efficiency ratios). To assess the degree of correlation between the company's fundamentals and changes in the share price, the F_Decile score is correlated with the change in share price determined on a daily basis from 2017-18 to 2021-22. The research's findings also assist traders and investors in differentiating between companies with the potential to generate abnormal profits and those with meagre or non-existent returns over time. In order to forecast the future share price for investment purposes, descriptive statistics such as range, sum, mean, and standard deviation are applied to the fluctuating share price on a daily basis. These statistics help to determine the movement and magnitude of the share price over a period of five years.