Answer: Assist market participants in comprehending the value implications of information.

**Explanation:** - **Option A** is incorrect because fundamental analysis involves evaluating an asset's intrinsic value using company-specific data, such as earnings and sales forecasts, rather than relying on stock price patterns. The latter is characteristic of technical analysis. - **Option B** is incorrect because fundamental analysis is primarily used for active portfolio management, where decisions are made to outperform the market. Passive management, on the other hand, involves replicating index performance and does not rely on fundamental analysis. - **Option C** is correct because fundamental analysis plays a critical role in efficient markets by enabling participants to interpret and act on the value implications of new information. This aligns with the principles of market efficiency and the role of fundamental analysis in investment decision-making.

Author: LeetQuiz Editorial Team