Statistical financial analysis

Financial analysis can be conducted in both corporate finance and investment finance settings.
A financial analyst will thoroughly examine a company's financial statements—the income statement, balance sheet, and cash flow statement.

This usually begins with the income statement but also includes ,the balance sheet and cash flow statement.
The main goal of financial analysis is to measure a company’s financial performance over time and against its peers.
This analysis can then be used to forecast a company’s financial statements into the future.

Financial statement analysis is the process of analyzing a company’s financial statements for decision-making purposes.
External stakeholders use it to understand the overall health of an organization and to evaluate financial performance and business value.
Internal constituents use it as a monitoring tool for managing the finances.

Statistical finance, is the application of econophysics to financial markets.
Instead of the normative roots of finance, it uses a positivist framework.
It includes ,exemplars from statistical physics with an emphasis on emergent or collective properties of financial markets.