Stock Research for TTM.
The users who voted to close gave this specific reason: Instead, describe the problem and what has been done so far to solve it. For an overview of all of the formats see this page. For more examples, visit this page. Other API discussed at programmableWeb. I'm way late, but check out Quandl. They have an API for stock prices and fundamentals. Here's an example call, using Quandl-api download in csv. They support these languages. It is very good and free to use. All that is required is that you have an account with them and to my knowledge you don't have to carry a balance If you are still looking to use Google Finance for your data you can check this out.
I recently needed to test if SGX data is indeed retrievable via google finance and of course i met with the same problem as you.
I followed the top answer and started looking at yahoo finance. Using that I wrote this script. I'm not really a ruby guy but this might help you hack something together. I haven't come up with variable names for all the fields yahoo offers yet, so you can fill those in if you need them. Thank you for your interest in this question. It was filed under investments , stock charts , stock options , stocks , trading stock options. Thanks for your comments on my blog. Based on your NetworthIQ posting looks like you are undercapitalized really to trade successfully and need to find really winning trades to cover commissions etc.
True I can not make as much profit because my trades are smaller, but over the long run I can build my capital. Right now I am in the hole. My trading has been weak because I have been cheap to cheap on buying my options out of the money.
I tasted many energy drinks, but the Monster brand is the one energy drink with the greatest taste! This brand is here to stay, and I would bet by this year , it takes the number one spot over Red Bull. I definitely think it can also be 1 this year. If they keep their profits up and growth the stock could make another good move for another stock split. Talk about a time to buy with a PE of 29 times earnings. You are commenting using your WordPress.
You are commenting using your Twitter account. You are commenting using your Facebook account. They are ideal tools to diversify, balance, or hedge, an existing portfolio. More recently, just before our world experienced its worst economic crisis, financial innovators engineered new technologies aimed at producing inverse and leveraged ETFs. Most of these ETFs are characterized by a high level of liquidity. And, as of now, the counterparty risk appears to be nonsignificant.
Similar tools are available for most markets in the world and sector indices. For more information, see: Exhibit 2 presents a sample of frequently used ETFs: Financial innovations such as these have recently become available for some of the most highly traded currencies e. A sample of ETFs: Today, an experienced investor could possibly base his strategy on any set, or subset, of currently available ETFs index-based, sectorbased, commodity-based, Treasury-based, and their inverse, with or without leverage.
If he so chooses, the key to success is to identify, as precisely as possible, the current stage of development of the reference market, and to adapt his portfolio accordingly. Special attention should be given to leveraged ETFs, if they not are used in the very short term. These tools tend generate exponentially growing losses in case of error, which could significantly affect total return. They were not speculators, as some tended to label them. They were simply well informed and well prepared investors, totally focused on the single most important objective that they might have had: Focus on Stage 1 and 3 of the Market cycle.
Make intelligent use of available ETFs: Target economic value adding businesses At a business level, the art and science of management could easily be summarized in two principles: It comprises paid-in capital, retained earnings, and additional paid-in capital capital premiums.
Stockholders' equity is often referred to as the book value of a company. Return on equity is the ratio of net income to stockholders equity. Return on assets is the ratio of net income to total assets or liabilities total balance sheet. Both ratios are elegant measures of how efficient management is in creating additional resources from the funds that were made available by the business partners: Unsurprisingly, the former will tend to concentrate on roe, and the latter on roa.
A rough estimate of the leverage of a company - i. As any strategy should take into consideration the opportunity cost associated with the choices it entails, these measures of efficiency should be compared with the cost of access to the corresponding resources: In simple terms, the cost of capital cc can be viewed as the sum of the refinancing rate for a lender e.
It also corresponds to the rate of return that shareholders would receive if they invested in a different business with a similar risk profile.
The Economic value added eva is the difference between roe and cc. If a company is consistently creating economic value, it is strategically independent and financially autonomous. If it is not eva positive, it will lose its shareholders who will understandably prefer to generate the same return from less risky investments e.
Exhibit 3 gives the roe, roa and dlevel for a sample of companies by Ticker symbol. Economic value creation and leverage of a few businesses Source: Some of the youngest high tech firms are still slowly building up their operational and capital structure. Quite different strategies are observed in terms of leverage dlevel. Assuming you decided to invest, at least partially, in a portfolio of individual businesses during Stage 2 and Stage 3 of the market cycle, careful attention should be devoted to their performance on this dimension.
Investment candidates businesses should generate a recurrent level of return on equity roe , greater that their cost of access to capital cc , and ideally greater than your assets growth objective. Focus on growth generating companies Like any other living organism, companies adapt, grow and proliferate, or disappear. Their actual operational activity is of very limited interest Choffray, There are many dimensions along which to measure business growth, starting with revenue, market share, employment and, why not, office space.
The return on investment roi made through the purchase of a share, is a function of the present discounted value of the flow of net earnings that it generates. Assuming that these earnings grow at a constant rate, roi can be expressed as follows Bodie et al, All other things being equal, the financial performance of an investment is inversely related to its per, and directly related to its fully diluted stock options included eps growth rate.
For a rational investor, the roi of any investment should cover his opportunity cost, i. So, any increase in the reference interest rate e. For listed companies, assuming they cannot accelerate earnings growth, this new requirement will lead to a drop in their per, and in their market capitalization.
It should be kept in mind that earnings growth is not necessarily related to operational growth. The way management monitors costs, whatever their nature, is of the utmost importance. Businesses should only concentrate on sales - or market share -, growth as long as it translates into earnings growth. Again, we assume that these values are reliable and valid.
In case of doubt, they should be estimated from the latest information published by the Securities and Exchange Commission i. Revenue, earnings growth and cost focus for our sample of businesses Source: Stock-splits are the natural consequence of a sustained level of earnings growth. Most high tech, high growth, companies avoid paying dividends. These shares are credited to existing shareholders, and reward them for their loyalty.
Technically, the split rate is usually less than proportional to the eps growth to prevent further dilution. Shareholders can take advantage of the greater liquidity of their investment, and of its future valuation, assuming earnings growth does not decelerate.
Companies which pay dividends are most of the time those that cannot justify additional funding of their current activities, or that are unable to grow earnings regularly. Assessing the fair value, or the intrinsic value, of an investment is a complex process requiring both expertise and experience. Expertise is needed to collect, validate, analyze, and extrapolate available information.
Experience is required to balance a portfolio in terms of value creation, earnings growth, leverage, and cost focus of the underlying businesses. No single method is consistently the best over time. In the absence of a magic formula, a reasonable approach is to make use of some key valuation ratios, available in real time on the internet. Most financial sites provide estimates of the price earnings ratio per , the price to sales ratio psr , the price to book ratio, and the price to operational cash flow ratio.
These ratios are usually computed on a trailing twelve months TTM basis, adding robustness to their estimates.