3 ms·
Quants are lacking these days - a few notes. pls fix > forward net income estimates Its a backward looking chart, use actual profits or eps results (although
by blitzar 1y ago
Quants are lacking these days - a few notes. pls fix
> forward net income estimates
Its a backward looking chart, use actual profits or eps results (although that can be manipulated through accounting). If the point is that income expectations are low - then are those expectations bourne out in the earnings?
> 3 years
Why only show the chart of the last 3 years? Has it always been like this - text says this wasnt the pattern in the 1960's (and 70's btw) - but there is a 50 year window between then and now that isnt discussed.
this is basically just a normalised pe ratio for top 10 and rest of the index - use that instead.