For a stock, there is no scarcity of fundamental data. Much of it is available in the public domain for free. And some analysis may be obtained for a free. Is that plethora of information useful? Not necessarily. There is too much of fundamental data available for any retail trader to make sense of that.
Some traders fall into the trap of analyzing every available fundamental data. Creating fundamental analysis report on a stock that spans across 10, 20 to even 50 pages. These reports tend to say a lot. Covering many angles of fundamental analysis. However, in the end, the story coveys little if anything.
One can interpret such an analysis both as bullish or bearish depending on which section of the report one is focusing. The net effect is to confuse the trader. Or, worse, to let one’s internal bias take over. In this regard, the analysis is merely confirming what the trader wanted to do with the stock even before he started the fundamental analysis.
That is why you may avoid carrying out fundamental analysis or use reports prepared by others that say a lot about fundamental data without telling you how a buy or sell or neutral decision is reached.
For trading successfully, a retail trader needs a complete, unambiguous and easy to use set of parameters and rules to decide which stock is fundamentally strong and which one is weak. And you should be able to apply the technique consistently to all the stocks. CUE systems allows you to carry out fundamental analysis and make trading decisions yourself on any stock using consistent and easy to use scores and heat-map.