The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» අනං මනං! #/+?.<>
The ‘magic’ formula for stock selection EmptyYesterday at 3:31 pm by nihal123

» Thread for News on CSE and SL Economy
The ‘magic’ formula for stock selection EmptyYesterday at 9:04 am by ruwan326

» Devolution of power, civil wars, altruism, nepotism in animal world
The ‘magic’ formula for stock selection EmptyWed Oct 16, 2019 1:22 pm by yellow knife

» East West properties
The ‘magic’ formula for stock selection EmptyWed Oct 16, 2019 12:06 pm by yellow knife

» RCL - Royal Ceramics
The ‘magic’ formula for stock selection EmptyMon Oct 14, 2019 12:47 pm by seek

» Performance of the Market-Weekly
The ‘magic’ formula for stock selection EmptySat Oct 12, 2019 4:29 am by ruwan326

» Confidence to boom after election – CBSL Governor
The ‘magic’ formula for stock selection EmptyFri Oct 11, 2019 4:09 pm by Backstage

» Sri Lanka among top 20 rising stars of world trade
The ‘magic’ formula for stock selection EmptyFri Oct 11, 2019 4:08 pm by Backstage

» CLND Not to miss
The ‘magic’ formula for stock selection EmptyThu Oct 10, 2019 9:24 am by ruwan326

» Dividend Announcement
The ‘magic’ formula for stock selection EmptyWed Oct 09, 2019 4:59 pm by Rana

» අපි නොදන්න ගීතයක කතාව
The ‘magic’ formula for stock selection EmptyFri Oct 04, 2019 11:55 am by nuwanmja

» මූඩීස් ප්‍රකාශය පිළිගන්න බැහැ – මහ බැංකුව කියයි
The ‘magic’ formula for stock selection EmptyWed Oct 02, 2019 6:46 am by nihal123

» ආර්ථික වර්ධනය 2.7% ට බසී
The ‘magic’ formula for stock selection EmptyTue Oct 01, 2019 1:29 pm by nihal123

» Ranil agrees to give Sajith candidacy - AdaDetana
The ‘magic’ formula for stock selection EmptyThu Sep 26, 2019 5:05 pm by mymoney

» Cracks in the Real Estate Sector
The ‘magic’ formula for stock selection EmptyThu Sep 26, 2019 2:44 pm by chutiputha

» Films - To Watch List
The ‘magic’ formula for stock selection EmptyFri Sep 20, 2019 8:38 am by Topcat

» ෆිනෑන්ස් බලපත්‍රය අවලංගුයි. අද සිට මුදල් ව්‍යාපාර බැහැ
The ‘magic’ formula for stock selection EmptyFri Sep 20, 2019 7:53 am by serene

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
The ‘magic’ formula for stock selection EmptyThu Sep 19, 2019 4:33 pm by nuwanmja

» Easter Sunday Attack and Sri Lanka
The ‘magic’ formula for stock selection EmptyThu Sep 19, 2019 12:49 pm by Ethical Trader

» Trading Journal
The ‘magic’ formula for stock selection EmptyWed Sep 18, 2019 9:01 am by CK

» Thought for the day...
The ‘magic’ formula for stock selection EmptyTue Sep 17, 2019 5:44 pm by sashimaal

» කැසිනෝ ව්‍යාපාරික රවී විජේරත්න, අර්බුදයට පත් MTD Walkers මිල දී ගැනීමට සැරසෙයි
The ‘magic’ formula for stock selection EmptyMon Sep 09, 2019 7:47 pm by nihal123

» Happy Birthday
The ‘magic’ formula for stock selection EmptyMon Sep 09, 2019 10:54 am by nuwanmja

»  Rajgama Heroes !
The ‘magic’ formula for stock selection EmptySat Sep 07, 2019 10:24 am by කිත්සිරි ද සිල්වා

» Yahoo mail
The ‘magic’ formula for stock selection EmptyFri Sep 06, 2019 5:38 pm by Rana

» Thread for News on International Markets
The ‘magic’ formula for stock selection EmptyFri Sep 06, 2019 9:50 am by The Invisible

» JINS.N0000 ( Janashakthi Insurance PLC)
The ‘magic’ formula for stock selection EmptyFri Sep 06, 2019 9:47 am by The Invisible

» Browns Investments update
The ‘magic’ formula for stock selection EmptyFri Sep 06, 2019 6:00 am by sanjulanka

» Hayleys MGT
The ‘magic’ formula for stock selection EmptyFri Sep 06, 2019 5:55 am by The Invisible

» SEYB.N0000 ( SEYLAN BANK PLC )
The ‘magic’ formula for stock selection EmptyThu Sep 05, 2019 8:47 pm by soileconomy

» Tourism Sector
The ‘magic’ formula for stock selection EmptyThu Sep 05, 2019 6:08 pm by NIRMALSG

» TJL.N0000 (Textured Jersey Lanka PLC.)
The ‘magic’ formula for stock selection EmptyTue Sep 03, 2019 6:12 pm by Ethical Trader

» UBC Union Bank of Colombo
The ‘magic’ formula for stock selection EmptyTue Sep 03, 2019 12:09 pm by The Invisible

» Obituary Notice.
The ‘magic’ formula for stock selection EmptyMon Sep 02, 2019 10:34 pm by කිත්සිරි ද සිල්වා

» Thread for News on Local and Foreign Politics
The ‘magic’ formula for stock selection EmptySat Aug 31, 2019 5:13 pm by The Invisible

» Sri Lanka bank profitability under pressure: Moody’s
The ‘magic’ formula for stock selection EmptySat Aug 31, 2019 8:44 am by The Invisible

» ‘වැඩකාරයාගේ නමත් සිරිසේන’ කියලා හිනාවුණා
The ‘magic’ formula for stock selection EmptyFri Aug 30, 2019 4:05 pm by sanjulanka

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
The ‘magic’ formula for stock selection EmptyThu Aug 29, 2019 7:17 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
The ‘magic’ formula for stock selection EmptyThu Aug 29, 2019 10:37 am by කිත්සිරි ද සිල්වා

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
The ‘magic’ formula for stock selection EmptyTue Aug 27, 2019 4:32 pm by nuwanmja

» “බිරිඳගේ සහ පෙම්වතියගේ වෙනස මොකක්ද?”
The ‘magic’ formula for stock selection EmptySun Aug 25, 2019 11:51 pm by sanjulanka

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
The ‘magic’ formula for stock selection EmptySat Aug 24, 2019 4:26 am by Ethical Trader

» JKH - 155/00 Breakout is pending
The ‘magic’ formula for stock selection EmptyFri Aug 23, 2019 2:21 pm by pjrngroup

» Tokyo as at 21.08.2019 Morning
The ‘magic’ formula for stock selection EmptyWed Aug 21, 2019 10:07 am by nisashi

» What Would You Do?
The ‘magic’ formula for stock selection EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
The ‘magic’ formula for stock selection EmptyMon Aug 19, 2019 10:13 am by Topcat

» NTB.N0000 (NATIONS TRUST BANK PLC)
The ‘magic’ formula for stock selection EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
The ‘magic’ formula for stock selection EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
The ‘magic’ formula for stock selection EmptySun Aug 18, 2019 8:26 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
The ‘magic’ formula for stock selection EmptySun Aug 18, 2019 8:14 pm by The Invisible

October 2019
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

The ‘magic’ formula for stock selection

Go down

The ‘magic’ formula for stock selection Empty The ‘magic’ formula for stock selection

Post by nihal123 on Mon Jul 27, 2015 10:53 pm

nihal123
nihal123
Top contributor
Top contributor

Posts : 5768
Join date : 2014-02-24
Age : 53
Location : Waga

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by Sriranga on Tue Jul 28, 2015 4:56 am

Thanks a lot.

_________________
"Investing is easy to learn, but it takes a lifetime to master."
Sriranga
Sriranga
Veteran
Veteran

Posts : 3226
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by Leon on Tue Jul 28, 2015 5:01 am

Thanks.
Leon
Leon
Top contributor
Top contributor

Posts : 1257
Join date : 2014-03-11

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by serene on Tue Jul 28, 2015 5:04 am

Thanks Nihal.
Downloaded wanna read now.

serene
Top contributor
Top contributor

Posts : 4662
Join date : 2014-02-26

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by කිත්සිරි ද සිල්වා on Tue Jul 28, 2015 9:25 am

I was wondering whether if any expert can use this formula and post something here soon (Like HUNTER's efforts).
Thanks Nihal. Very Happy

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 8041
Join date : 2014-02-23
Age : 61
Location : රජ්ගම

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by nihal123 on Tue Jul 28, 2015 10:02 am

කිත්සිරි ද සිල්වා wrote:I was wondering whether if any expert can use this formula and post something here soon (Like HUNTER's efforts).
Thanks Nihal. Very Happy

Yes Kith any expert can do this for us

study study study
nihal123
nihal123
Top contributor
Top contributor

Posts : 5768
Join date : 2014-02-24
Age : 53
Location : Waga

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by Hybrid on Tue Jul 28, 2015 2:56 pm

One cannot go very wrong in using the ROC + P/E formulas as an index based on a factor. However, everyone knows that despite very high ROC and extrelmely high P/E ratios there is the unknown factor that one has to be alert for and study the current market.

For example take Nestlé. It has a high ROC and very high P/E ratio and now there is a nose dive in the share price suddenly due to the current disaster on quality issues its facing.

Yes, the future earnings potential and rate of RIG is a factor to be closely considered in addition to the said formulas!
Hybrid
Hybrid

Posts : 745
Join date : 2015-02-03
Location : Colombo

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by serene on Tue Jul 28, 2015 4:01 pm

nihal123 wrote:
කිත්සිරි ද සිල්වා wrote:I was wondering whether if any expert can use this formula and post something here soon (Like HUNTER's efforts).
Thanks Nihal. Very Happy

Yes Kith any expert can do this for us

study study study

Or may Be youth like Chooty Wink Wink

serene
Top contributor
Top contributor

Posts : 4662
Join date : 2014-02-26

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by HUNTER on Tue Jul 28, 2015 4:27 pm

Good one !

Thanks Nihal.

Had I found this couple of years ago, I wouldn't have spent time on reinventing the 'wheel'. Wink

The idea explained is very similar to the one I have adopted.

I also agree the method sounds very simple and very effective; however, in reality, we need to be a little careful of 'extreme' cases to reduce the risk. (for example TWOD).

Combining this with some technical analysis, I am sure, will generate 'super' results in any market.

HUNTER
HUNTER
Top contributor
Top contributor

Posts : 1668
Join date : 2014-07-14

Back to top Go down

The ‘magic’ formula for stock selection Empty Re: The ‘magic’ formula for stock selection

Post by First Guy on Wed Jul 29, 2015 9:46 pm

Any formula is good to identify neglected value stocks that would at least continue on the same trajectory of performance or growth.

They wouldn't help identify stocks that are fairly valued on past performance but are poised to show growth in the near future.

They might also give a wrong picture to show a stock that is in a downtrend as one with an upside. Therefore, a formula should only be a starting point but more research needs to be done.

Similar to technical trading, it's rather a lagging indicator.
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum