A web scraping-based approach for fundamental analysis platform in financial assets

There are two main benefits of using fundamental analysis for investors and portfolio managers. First, investing in a company with good ratios has lower risks. The second reason is that it is possible to evaluate share prices with internal valuation methods based on ratios. These price valuations ca...

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Main Authors: Mustafa Ulaş, Murat Karabatak, Yunus Santur
Format: Article
Language:English
Published: Tokat Gaziosmanpasa University 2022-12-01
Series:Journal of New Results in Science
Subjects:
Online Access:https://dergipark.org.tr/en/download/article-file/2695583
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author Mustafa Ulaş
Murat Karabatak
Yunus Santur
author_facet Mustafa Ulaş
Murat Karabatak
Yunus Santur
author_sort Mustafa Ulaş
collection DOAJ
description There are two main benefits of using fundamental analysis for investors and portfolio managers. First, investing in a company with good ratios has lower risks. The second reason is that it is possible to evaluate share prices with internal valuation methods based on ratios. These price valuations can be more meaningful when combined with technical analysis data. Many data terminals provide processes such as fundamental analysis data and price valuation on a paid and licensed basis. However, the balance sheet data of publicly traded markets are publicly available and can be obtained and interpreted by web scraping methods. This study presents an approach in which basic analysis and price evaluation are made with balance sheets and ratios using open-source tools and web scraping.
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spelling doaj-art-f02b51ddf9b44411911eacc892a3775b2025-08-20T03:44:14ZengTokat Gaziosmanpasa UniversityJournal of New Results in Science1304-79812022-12-0111322223210.54187/jnrs.1185912142A web scraping-based approach for fundamental analysis platform in financial assetsMustafa Ulaş0https://orcid.org/0000-0002-0096-9693Murat Karabatak1https://orcid.org/0000-0002-6719-7421Yunus Santur2https://orcid.org/0000-0002-8942-4605FIRAT ÜNİVERSİTESİFIRAT ÜNİVERSİTESİFIRAT ÜNİVERSİTESİThere are two main benefits of using fundamental analysis for investors and portfolio managers. First, investing in a company with good ratios has lower risks. The second reason is that it is possible to evaluate share prices with internal valuation methods based on ratios. These price valuations can be more meaningful when combined with technical analysis data. Many data terminals provide processes such as fundamental analysis data and price valuation on a paid and licensed basis. However, the balance sheet data of publicly traded markets are publicly available and can be obtained and interpreted by web scraping methods. This study presents an approach in which basic analysis and price evaluation are made with balance sheets and ratios using open-source tools and web scraping.https://dergipark.org.tr/en/download/article-file/2695583djangofinancial forecastingfundamental analysisseleniumweb scraping
spellingShingle Mustafa Ulaş
Murat Karabatak
Yunus Santur
A web scraping-based approach for fundamental analysis platform in financial assets
Journal of New Results in Science
django
financial forecasting
fundamental analysis
selenium
web scraping
title A web scraping-based approach for fundamental analysis platform in financial assets
title_full A web scraping-based approach for fundamental analysis platform in financial assets
title_fullStr A web scraping-based approach for fundamental analysis platform in financial assets
title_full_unstemmed A web scraping-based approach for fundamental analysis platform in financial assets
title_short A web scraping-based approach for fundamental analysis platform in financial assets
title_sort web scraping based approach for fundamental analysis platform in financial assets
topic django
financial forecasting
fundamental analysis
selenium
web scraping
url https://dergipark.org.tr/en/download/article-file/2695583
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