OPEN-SOURCE SCRIPT
Pretax EPS 10X
A very rudimentary version of Warren Buffett's 10X Pretax Rule:
How it works:
I took the Financial data provided on the platform; Annual 'Pretax Income' divided by the Annual 'Total Common Shares Outstanding', then multiply by 10.
Reason:
There are many annual reports to suggest that when Warren Buffet buys large quantities of stocks, they are bought at a price under the 10X Pretax EPS and sold when its above.
Risk:
There are obviously many different reasons why Warren Buffett buys a stock, so buying every stock under the 10X Pretax EPS DOES NOT guarantee future gain. This is intended as a helpful insight AMONGST many to identify good entry levels.
Uses:
This works well with long established high quality companies but not so much with new growth momentum companies due to negative earnings.
How it works:
I took the Financial data provided on the platform; Annual 'Pretax Income' divided by the Annual 'Total Common Shares Outstanding', then multiply by 10.
Reason:
There are many annual reports to suggest that when Warren Buffet buys large quantities of stocks, they are bought at a price under the 10X Pretax EPS and sold when its above.
Risk:
There are obviously many different reasons why Warren Buffett buys a stock, so buying every stock under the 10X Pretax EPS DOES NOT guarantee future gain. This is intended as a helpful insight AMONGST many to identify good entry levels.
Uses:
This works well with long established high quality companies but not so much with new growth momentum companies due to negative earnings.
Skrypt open-source
W prawdziwym duchu TradingView autor tego skryptu opublikował go jako open source, aby inwestorzy mogli go zrozumieć i zweryfikować. Pozdrowienia dla autora! Możesz go używać bezpłatnie, ale ponowne użycie tego kodu w publikacji podlega Zasadom Regulaminu. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
Chcesz użyć tego skryptu na wykresie?
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.