| Index | Recent Threads | Who's Online | User List | Search |
|
|
 |
Portfolio123 » List all forums » Forum: Errors » Thread: Factor & function reference indicates wrong "better" direction |
|
Total posts in this thread: 2 |
[Request a Feature]
[Post new Thread] [Add To My Favorites] [Watch this Thread] |
| Author |
|
|
hyper
Advanced Member
|
I came across the following liabilities factors in the Factor and Function Reference and found it strange that it showed that higher values of liabilities was considered better. Stock Factor BALANCE SHEET, ANNUAL  CurLiabA Liabilities, Current, Annual ($ millions)Stock Factor BALANCE SHEET, QTR CurLiabQ Liabilities, Current, Quarterly ($ millions)Stock Factor BALANCE SHEET, ANNUAL LiabTotA Liabilities, Total, Annual ($ millions)Stock Factor BALANCE SHEET, QTR LiabTotQ Liabilities, Total, Quarterly ($ millions)Should the Ranking Default be reversed from its current setting such that lower values of liabilities is better? See the attached rank performance chart of LiabTotQ based on the current ranking default setting. ---------------------------------------- 
LiabTotQ_rank_performance_highervaluesbetter.png
(39236 bytes)
(Download Count: 29)
---------------------------------------- [Edit 1 times, last edit by hyper at Jun 10, 2008 11:56:30 AM] |
||
|
|
marco
|
The direction of the arrows was chosen manually w/o the tests you conducted (we didn't have historical data back then). Some are straight forward, others not so much. However this appear to be user error since Liabilities are obviously not a good thing. Should be an easy change. Thanks for your analysis. ---------------------------------------- Portfolio123 Staff |
||
|
| [Show Thread Printable Version] [Post new Thread] |
