SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Analyse and evaluate the financial markets 
SAQA US ID UNIT STANDARD TITLE
12896  Analyse and evaluate the financial markets 
ORIGINATOR
SGB HET Accountancy and Financial Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
FASSET - Financial and Accounting Services SETA 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 7  Level TBA: Pre-2009 was L7  15 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for people who work or intend to work in the Financial Markets sector.
Persons credited with this unit standard can identify information required to take investment decisions, and are able to perform basic level fundamental and technical analyses to support investment recommendations. They will be able to:
  • Discuss the history and alternative approaches to analysis
  • Perform technical analysis as input
  • Perform fundamental analysis as input into the trading strategy
  • Apply the principles of scenario planning to fundamental analysis 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that the learner has completed the Unit Standards entitled:
  • "Perform mathematical calculations relevant to the financial markets"
  • "Evaluate companies based on their financial statements"

    before attempting this Unit Standard. 

  • UNIT STANDARD RANGE 
    "Technical analysis charting techniques" include:
  • line charting,
  • bar charting
  • point and figure charting
  • Stochastics price trend indicator
  • Oscillator charts - relative strength and momentum
  • Volume price trend graphs
  • On balance volume graphs
  • Ratio or spread analysis

    "Approaches to technical analysis" include:
  • Elliott waves
  • Gann analysis
  • Congestion analysis
  • The Fibonacci number series 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Discuss the history and alternative approaches to analysis 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The history and development of technical and fundamental analysis are related with examples. 

    ASSESSMENT CRITERION 2 
    2. The alternative approaches and information required in technical and fundamental analyses are compared and the difference between them described orally and in writing with examples. 

    SPECIFIC OUTCOME 2 
    Perform technical analysis as input 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Cycles and trends are identified, tracked and described with examples. 

    ASSESSMENT CRITERION 2 
    2. Changes in the market are predicted using charting techniques. 

    ASSESSMENT CRITERION 3 
    3. Buy and sell signals are identified using charting techniques. 

    SPECIFIC OUTCOME 3 
    Perform fundamental analysis as input into the trading strategy 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. he drivers of profit in the industry under investigation are identified and the reasons given why they can be regarded as drivers. 

    ASSESSMENT CRITERION 2 
    2. The performance and profitability of a company is evaluated based on its financial statements. 

    ASSESSMENT CRITERION 3 
    3. The business and financial risks of a company is evaluated based on its financial statements. 

    ASSESSMENT CRITERION 4 
    4. The core competencies of the company are identified through research. 

    ASSESSMENT CRITERION 5 
    5. Source of competitive advantage of a company are identified through research. 

    ASSESSMENT CRITERION 6 
    6. Sound recommendations are made based on research findings and analysis. 

    SPECIFIC OUTCOME 4 
    Apply the principles of scenario planning to fundamental analysis 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Threats and opportunities in the industry are identified through research. 

    ASSESSMENT CRITERION 2 
    2. Regulations impacting on the industry are analysed and an indication given of their impact on the sector and on individual investors. 

    ASSESSMENT CRITERION 3 
    3. Scenarios are formulated based on research and analysis findings. 

    ASSESSMENT CRITERION 4 
    4. Sound recommendations are made based on the scenarios identified. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Accreditation and moderation:

    Accreditation for this Unit Standards shall be from the FASSET Education and Training Quality Assuror through formative and summative assessment by a registered Assessor. Assessment should be contextual and be conducted in the workplace as far as possible.
  • Assessors must be registered as an Assessor with the FASSET ETQA or with an ETQA that has a Memorandum of Understanding with the FASSET ETQA
  • Moderators must be registered as assessors with the FASSET ETQA or with an ETQA that has a Memorandum of Understanding with the FASSET ETQA
  • Training providers must be accredited by the Fasset ETQA or with an ETQA that has a Memorandum of Understanding with the FASSET ETQA
  • Moderation should include both internal and external moderation where applicable
  • The Fasset ETQA will co-ordinate all moderation activities in accordance with its policies and procedures 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    A demonstrated understanding of:

    The terminology relating to the Financial Markets and instruments 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information. For example, share price and share movement information must be gathered, analysed and interpreted in order to make investment decisions. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using mathematical skills in the modes of oral and/or written persuasion. For example, mathematical skills are necessary to carry out the analyses, especially those involving ratios and communication is done in giving advice to clients and describing trends, cycles and scenarios. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically, showing responsibility towards the environment and health of others. For example, share prices should be graphed using computer technology in order for technical analysis to take place. 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    Terminology:

    Terminology relating to the Financial Markets can be found in "Who owns Whom's Dictionary of Stock Market Terms" published by Who owns Whom/PSG Online in 2001. ISBN 1-919850-04-X. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  50481   National Certificate: Financial Markets and Instruments  Level 6  Level TBA: Pre-2009 was L6  Reregistered  2023-06-30  BANKSETA 
    Elective  23653   National Diploma: Financial Markets  Level 6  NQF Level 06  Reregistered  2023-06-30  FASSET 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. AAR Trading and Projects (Pty) Ltd 
    2. Chartall Business College 
    3. Felix Risk Training Consultants 
    4. Full Value Financial Services (Pty) Ltd 
    5. Fungi Business Consulting (Pty) Ltd 
    6. Injabulo Home Grown Learning and Development Solutions 
    7. Jewel Training Solutions 
    8. K2020192300 (South Africa) (Pty) Ltd 
    9. LFS Learning Solutions (Pty) Ltd 
    10. Maharishi Invincibility Institute NPC 
    11. MAT 007 (PTY) LTD 
    12. Ndiwatendi General Enterprise (PTY) Ltd 
    13. Nedbank Ltd 
    14. Octopus Training Solutions 
    15. Riaphathutshedza (PTY) LTD 
    16. The Academy of Financial Markets 
    17. The Facilitation Workshop 
    18. The Institute of Literacy Advancement 
    19. UCS Education and Training Services (Pty) Ltd 
    20. Welltec Academy (Pty) LTD 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.