Which of the following concepts is NOT considered part of fundamental analysis?

Fundamental analysis focuses on assessing a company's intrinsic value by examining various fundamental factors that can influence its financial health and performance over the long term. This involves evaluating a company's earnings, studying macroeconomic indicators, and analyzing its financial statements to understand its profitability, revenue trends, cost structure, and overall stability.

Predicting stock prices over the short term, however, does not align with the core principles of fundamental analysis. This practice is typically associated with technical analysis, which relies on market trends, price movements, and trading volumes to forecast short-term price fluctuations, rather than the intrinsic value derived from fundamental assessments. Technical analysis focuses on market behaviors and patterns that may not necessarily reflect the underlining economic conditions or the company's fundamental strengths. Thus, the concept that involves short-term price predictions falls outside the realms of fundamental analysis.