StockFetcher Forums · General Discussion · Help with target price<< >>Post Follow-up
tkirkpatrick1
24 posts
msg #133365
Ignore tkirkpatrick1
12/22/2016 10:21:31 PM

I am trying to set target price want to see any stock that has a target price of more than $5 dollars from the current close price. Not sure exactly how it's done, but when I searched for examples I hit on this

*************************************************************************************
[last quarter EPS] x 4 x PE = price target
*************************************************************************************

Can someone show me how this would be done in stockfetcher from formula above I then want to see any stock that has a target price > than today's close.
Thanks for the replies.!



mahkoh
1,065 posts
msg #133371
Ignore mahkoh
12/23/2016 3:52:16 PM

Fetcher[
set{x, eps lastQ * P/E ratio}
set{target, x * 4}
set{y, target / close}
y above 1 do not draw y
add column P/E ratio
add column eps lastQ
add column target
s&p 500
add column y
sort column 8 descending
]



However I don't think fundamental data on SF to be very reliable.

graftonian
1,089 posts
msg #133373
Ignore graftonian
modified
12/23/2016 6:30:17 PM

Fetcher[
market is not otcbb
add column trailing EPS
trailing EPS > 0
add column PE ratio
PE ratio > 0
set{target, trailing EPS * PE ratio}
add column target
set{trigger, target - close}
draw price line at target
trigger between 0 and 5
add column trigger
sort on column 8 ascending
do not draw trigger
]



tkirkpatrick1
24 posts
msg #133388
Ignore tkirkpatrick1
12/24/2016 11:01:54 PM

Thank you both the psychological fact that folks look at target price can cause them to preform better if you use this along with searching openinsider.com for officers that are buying it increases the numbers in your favor. Once read in a book 60% of all stocks that have insider buying have significant moves to the upside within 8 months. That's according to http://www.vickers-stock.com/ love these plays the stack the odds in your favor. Thanks again..!!



StockFetcher Forums · General Discussion · Help with target price<< >>Post Follow-up

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