| Index | Recent Threads | Who's Online | User List | Search |
|
|
 |
Portfolio123 » List all forums » Forum: General Comments » Thread: BLOG: The Greenblatt Strategy: K-I-S-S, Or Not |
|
Total posts in this thread: 4 |
[Request a Feature]
[Post new Thread] [Add To My Favorites] [Watch this Thread] |
| Author |
|
|
mgerstein
Advanced Member
|
EXCERPT In this context, K-I-S-S does not refer to the rock band, but to the adage "Keep it simple stupid." The phrase was coined as part of a plea to military aircraft designers to build in such a way as to facilitate repair by a typical combat field mechanic with no more than a very basic set of tools. Beyond that, the phrase seems to have found another home in internet-era Wall Street, where data and tools are so ubiquitous as to make it seem that anybody could analyze stocks as well as any guru. FULL ARTICLE. BY: Marc Gerstein CATEGORY: What's Working |
||
|
|
MGriffith
Member
|
Marc, Is there any way to calculate a 5 or 10 year average EBIT with P123? I feel like this would be far more robust than a single year. Thanks, MG |
||
|
|
mgerstein
Advanced Member
|
You can do an approximation by using the line item variables. Operating Income (code: SOPI) is pretty close to EBIT. So a five-year average would be: (ItemTTM(SOPI,0)+ItemTTM(SOPI,1)+ItemTTM(SOPI,2)+ItemTTM(SOPI,3)+ItemTTM(SOPI,4))/5 Actually, it would probably be best to use that to create a custom formula which you can call 5YrAvgEBIT, or more precisely, 5YrAvgOpInc. |
||
|
|
StangLX718
Member
|
Any reason that the actual Magic Formula Screen consistently has Microsoft (MSFT) as an output, but the pre-defined screen in Portfolio123 doesn't? I tried to expand the list to include the highest 50 ranked stocks, but to no avail... still no Mr. Softy. |
||
|
| [Show Thread Printable Version] [Post new Thread] |
