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I wonder if you can use this to predict the Tesla stock price for Q1 (or Q2) of 2019. For instance, does a large influx of inventory mean that there's a good ch
by syntaxing 8y ago
I wonder if you can use this to predict the Tesla stock price for Q1 (or Q2) of 2019. For instance, does a large influx of inventory mean that there's a good chance that they will beat their estimated earnings within Q1 or Q2? Since they converted their cash flow to so many assets, once the asset gets converted back into cash, Tesla's number should look great for that particular quarter (?).
E: Hmm, Tesla sells over 16000 cars a month so these numbers might be insignificant.
- jason_slack 8y agobut shouldn't one backtest this with data from other quarters just to see if there are any technical indicators? :-) Nice thought, btw. Let's explore it. I shorted Tesla back in April and October 2018.