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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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Larry Wiener
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| 01/04/2007 3:54 PM |
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As a new member of this group, I thought I would try out the analysis
program on a stock of current interest: Stratasys (which was an
Investor Advisory Service recommendation in December 2006).
Strangely, a statement on one of the pages read as follows: "The minimum sales or earnings growth rate for a company of this size should be about
15.1%;
20.1016767485214% is desirable." That response makes little or no sense, and at the least cannot be justified mathematically.
I think that you would be well advised to have someone with a quantitative background check over some of your methods.
LARRY WIENER
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sally an
ICLUBcentral, Inc.
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| 01/04/2007 5:53 PM |
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| thank you for report this problem in takestock beta release, we will look into it and fix the bug shortly. |
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ICLUBcentral Software Engineer |
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sally an
ICLUBcentral, Inc.
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| 01/04/2007 6:07 PM |
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Larry,
Here is the explaination for the response you saw in growth page of takestock on ticker SSYS:
This company is a small company (TTM sales <400), so the minimum growth rate and desired growth rate are calculated based on TTM sales. The number is correct, but obviously the number needs to be rounded, we'll fix it shortly.
If you need further information please feel free to post more on this thread.
Thank you very much.
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ICLUBcentral Software Engineer |
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 01/04/2007 7:03 PM |
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Larry,
You said: I think that you would be well advised to have someone with a quantitative background check over some of your methods.
I can't tell if you are referring simply to the number formatting error, or to a more general objection to Take Stock's methods. If it's the latter, could you expand on the comment a little? It is my impresssion that Take Stock is a pretty faithful implementation of the approach that Ellis Traub described in his Take Stock book. If you like, I can ask Ellis to comment on the approach and the judgments made by Take Stock.
Either way, thanks for the comment. It certainly will lead to a better product. |
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Joe |
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Larry Wiener
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| 01/05/2007 3:43 PM |
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Sally and Joe: No, it was my response to the program's presenting
numbers that didn't make any sense. I presume that the program
followed
Ellis's methods, but it was the presentation of the computed data that
I objected to. Things that catch my attention include the use of
too many significant figures in presenting computed results, erroneous
interpretation of data, and incorrect application of the term "law of
large numbers."
Larry Wiener
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