Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] DGO / IBD question
Date: Wed, 1 May 2002 09:30:08 -0500
Previous Article (by Date): Re: [CANSLIM] DGO / IBD question "Tom Worley"
Top of Thread: [CANSLIM] DGO / IBD question "Mona Guarino"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0035_01C1F0F2.C8EE5920 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, Good catch. I had never noticed that they used different time frames for = their calculations. Here's the "official" definitions from each source: Katherine =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D From DGO: EARNINGS FIVE-YEAR GROWTH RATE: This item is calculated by using a least squares regression fit over a = 3-to-5 year period of earnings per share based on a trailing = four-quarter count. For example, if a stock is currently in its second = quarter, the first period used in this calculation will consist of the = sum of Q2 + Q1 (of the current fiscal year) plus Q4 +Q3 (of the prior = fiscal year). Each successive period will be based on the next trailing = four quarters of earnings per share. The amount of time used to calculate the Growth Rate is based on two = factors;=20 a.. Availability of data=20 b.. Positive earnings=20 If a stock does not have at least three years of positive earnings = (based on the trailing four-quarter method noted above), an "N/A" will = appear.=20 The amount of time used for this calculation will consist of at least = three years but no more than five years of positive earnings per share. = If a four-quarter period sum is negative, that period and additional = earnings further back in time, will not be used in the calculation of = this data item.=20 From IBD Stock Checkup: EPS Growth Rate %, 3 YEAR The compound 3-year growth rate calculated using the least squares fit = over the latest two to three years' earnings per share on a running = 12-month basis. Growth rate will be calculated only if there is a = minimum of eight trailing 4-quarter periods of positive earnings (uses a = minimum of 11 quarters of data).=20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 01, 2002 7:32 AM Subject: Re: [CANSLIM] DGO / IBD question Hi Mona, don't know about finding the "same" figure, but DGO shows a five year = number labeled "Growth Rate" in the data block. From some past experiences, = as well as the DGO beta site experience, I think each one is using different = time frames for some of the calculations. DGO uses 5 years for this item, I = think IBD may only be using 3 years, which would explain the difference. Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message ----- From: "Mona Guarino" <webmaster@design21.com> To: <canslim@lists.xmission.com> Sent: Wednesday, May 01, 2002 11:23 AM Subject: [CANSLIM] DGO / IBD question In the IBD stocks in the news graphic displays, there is usually an = "annual eps growth" figure. Is there anyplace in IBD or DGO where I can find = the same annual eps figure? I am not seeing anything that matches it. Example, today's printed IBD shows: DRS as 39% annual eps growth DGO weekly shows EPS growth rate as 7% What am I missing here? -- Mona - ------=_NextPart_000_0035_01C1F0F2.C8EE5920 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Tom,</DIV> <DIV> </DIV> <DIV>Good catch. I had never noticed that they used different time = frames for=20 their calculations. Here's the "official" definitions from each = source:</DIV> <DIV> </DIV> <DIV>Katherine</DIV> <DIV> </DIV> <DIV>=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D</DIV> <DIV>From DGO:</DIV> <DIV> <P><STRONG><FONT face=3DArial color=3D#000080 size=3D3>EARNINGS = FIVE-YEAR GROWTH=20 RATE:</FONT><BR><FONT face=3DArial size=3D2>This item is c<FONT = face=3DArial=20 color=3D#000080 size=3D2>alculated by using a least squares regression = fit over a=20 3-to-5 year period of earnings per share based on a trailing = four-quarter count.=20 For example, if a stock is currently in its second quarter, the first = period=20 used in this calculation will consist of the sum of = </FONT></FONT></STRONG><FONT=20 face=3DArial size=3D2><B>Q2 + Q1 (of the current fiscal year) plus Q4 = +Q3 (of the=20 prior fiscal year). Each successive period will be based on the = next=20 trailing four quarters of earnings per share.</B></FONT></P> <P><FONT face=3DArial size=3D2><B>The amount of time used to calculate = the Growth=20 Rate is based on two factors; </B></FONT></P> <UL> <LI><FONT face=3DArial size=3D2><B>Availability of data</B></FONT>=20 <LI><FONT face=3DArial size=3D2><B>Positive earnings</B></FONT> = </LI></UL> <P><FONT face=3DArial size=3D2><B>If a stock does not have at least = three years of=20 positive earnings (based on the trailing four-quarter method noted = above), an=20 </B><STRONG><FONT face=3DArial color=3D#000080 size=3D2>"N/A" will=20 appear. </FONT></STRONG></FONT></P> <P><FONT face=3DArial size=3D2><STRONG><FONT face=3DArial = color=3D#000080 size=3D2>The=20 amount of time used for this calculation will consist of at least three = years=20 but no more than five years of positive earnings per share. If a = four-quarter=20 period sum is negative, that period and additional earnings further back = in=20 time, will not be used in the calculation of this data=20 item. </FONT></STRONG></FONT></P> <P><STRONG><FONT face=3DArial color=3D#000080 = size=3D2></FONT></STRONG> </P> <P><STRONG><FONT face=3DArial color=3D#000080 size=3D2>From IBD Stock=20 Checkup:</FONT></STRONG></P> <H4 class=3Ddetail>EPS Growth Rate %, 3 YEAR</H4> <P>The compound 3-year growth rate calculated using the least squares = fit over=20 the latest two to three years=92 earnings per share on a running = 12-month basis.=20 Growth rate will be calculated only if there is a minimum of eight = trailing=20 4-quarter periods of positive earnings (uses a minimum of 11 quarters of = data).=20 </P></DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3Dstkguru@bellsouth.net = href=3D"mailto:stkguru@bellsouth.net">Tom=20 Worley</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, May 01, 2002 = 7:32=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] DGO / = IBD=20 question</DIV> <DIV><BR></DIV>Hi Mona,<BR><BR>don't know about finding the "same" = figure, but=20 DGO shows a five year number<BR>labeled "Growth Rate" in the data = block. From=20 some past experiences, as well<BR>as the DGO beta site experience, I = think=20 each one is using different time<BR>frames for some of the = calculations. DGO=20 uses 5 years for this item, I think<BR>IBD may only be using 3 years, = which=20 would explain the difference.<BR><BR>Tom Worley<BR><A=20 = href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM:=20 TexWorley<BR>----- Original Message -----<BR>From: "Mona Guarino" = <<A=20 = href=3D"mailto:webmaster@design21.com">webmaster@design21.com</A>><BR>= To:=20 <<A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= ><BR>Sent:=20 Wednesday, May 01, 2002 11:23 AM<BR>Subject: [CANSLIM] DGO / IBD=20 question<BR><BR><BR>In the IBD stocks in the news graphic displays, = there is=20 usually an "annual<BR>eps growth" figure. Is there anyplace in IBD or = DGO=20 where I can find the<BR>same annual eps figure? I am not seeing = anything that=20 matches it.<BR><BR>Example, today's printed IBD shows:<BR>DRS as 39% = annual=20 eps growth<BR><BR>DGO weekly shows EPS growth rate as 7%<BR><BR>What = am I=20 missing here?<BR><BR>-- Mona</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0035_01C1F0F2.C8EE5920-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Date): Re: [CANSLIM] DGO / IBD question "Tom Worley"
Top of Thread: [CANSLIM] DGO / IBD question "Mona Guarino"
Articles sorted by: [Date]
[Author]
[Subject]