marine2
963 posts
msg #112113
- Ignore marine2 |
3/8/2013 2:17:21 PM
StockFetcher replied back to me stating at this time there is NO "Long Term Debt" function / measurement that can be used in any filter. a few years ago SF did have a Long Term Debt measurement but they removed it. My question / problem with it is answered. I did however let SF know that many of us would like them to put it back into our filertering capabilities because of the fact it is an important measurement when using existing fundamental measurements such as the EPS, and or the ROE. Having a Long Term Debt measurement also to be used in your fundamental filtering would further assure us all we are searching for the best quality companies out there
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mahkoh
1,065 posts
msg #112115
- Ignore mahkoh |
3/8/2013 3:47:58 PM
I do believe SF is best equipped for technical analysis. If you want to add in fundamental analysis I would suggest to paste your filter results into excel and grab fundamental data from various financial websites.
I tried to incorporate eps growth a while ago using the following syntax
set{epsincr,eps - eps lastq}
set{epsincrperc1,epsincr/abs(eps lastq)}
set{epsincrperc,epsincrperc1*100}
But there are too many N/A 's to make this calculation usable.
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marine2
963 posts
msg #112128
- Ignore marine2 |
3/9/2013 4:49:23 PM
I have tried SF's two fundamental tools, the EPS and ROE and found them with enough companies meeting my criteria that I then put their statement into my technical filter(s) and made me feel pretty good I was getting companies that were making money. But, if there was the ability to also add in the Long Term Debt statement it would further assure you the filter writer that you were catching companies that were making money as well as having low debt. Time will tell if SF does approach the Long Term Debt fundamental and add it into our tool box of goodies to filter. On our home page go into the section showing "Fundamentals" (shown on the right side) and you will see those EPS and ROE filtering statements you can use.
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durgin
60 posts
msg #112135
- Ignore durgin |
3/10/2013 2:10:55 PM
I have never trusted the fundamental data that SF provides. One should doublecheck the numbers if there is a plan to buy the stock and the fundies are part of the justification.
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marine2
963 posts
msg #112141
- Ignore marine2 |
3/11/2013 2:42:53 AM
Very good thought on that. If we could get accurate data from these fundies as you say, it would save us all from looking up a company's fundamental health in our personal brokerage accounts. And getting accurate data from the EPS & ROE we wouldn't have to have watch lists saved that had good fundamental companies for our filters we use. Like you said, the key here is getting accurate data coming from SF's data source(s).
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durgin
60 posts
msg #112146
- Ignore durgin |
3/11/2013 9:48:52 AM
The fundamental data are really bad and probably several years old.
I looked at just a few random stocks and here are the results for PE ratio.
BAC 22.49 (SF), 50.3(actual)
C 11.7(SF), 18.7(actual)
SIRI 40.5(SF), 6.4(actual)
MRK 11.44(SF), 19.8(actual)
For example, as far as I can tell, MRK has not been at a PE of 11 for years!
Check any stocks yourself.
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marine2
963 posts
msg #112154
- Ignore marine2 |
3/11/2013 12:25:45 PM
Have you written to SF about this problem? If not yet, please do. SF always asks for evidence / proof of your claim to stated problem you make with them. It seems you do have the proof SF's fundamental data is old and not reliable for their customers to use in their filters. Write them, and see if they can either fix this fundamental problem or remove all fundamental tools / syntax from their customers library of statements they can use in their filtering.
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stockfetcher
980 posts
msg #112159 |
3/11/2013 1:48:57 PM
@durgin: Before faulting StockFetcher's data as bad, if possible can you please verify that the P/E Ratios you are comparing with StockFetcher's reported values are based on diluted TTM earnings, ex-special items? This will help to make sure we making the proper comparisons when checking data.
StockFetcher Support
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durgin
60 posts
msg #112164
- Ignore durgin |
3/11/2013 2:58:47 PM
I took another random sample -- this time from the first 5 stocks of the Nasdaq100 and compared the PE ratio reported by FinViz, Yahoo, BigCharts and SF. These results were much closer.
-------------FinViz--- Yahoo ---BigCharts -- SF
AAPL ------- 9.79----- 9.71--- -- 9.6 --- -- 9.65
ADBE ----- 25.0 ----- 24.9 ----- 24.6 ----- 22.8
ADP ------- 22.7------ 22.2 ----- 21.9 ----- 22.3
ADSK ----- 37.5 ----- 37.7 ----- 37.0 ----- 28.7
AKAM ----- 33.2 ----- 31.7 ----- 31.3 ----- 28.4
So how often does StockFetcher update the fundamental data?
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mahkoh
1,065 posts
msg #112165
- Ignore mahkoh |
3/11/2013 3:05:51 PM
Complaints about different sources providing different numbers are quite common. And if you do find a number that matches at several sources there is still the question whether the company issuing that number can be trusted.
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