Revenue GridDescription:
The Revenue Grid indicator helps traders and investors visualize a stock’s valuation by plotting horizontal lines based on its price-to-sales (P/S) ratio. This tool displays how the stock price compares to multiples of its total revenue per share, giving a clear perspective on valuation benchmarks.
Fundamental Concept:
The price-to-sales ratio compares a company’s stock price to its revenue per share. It’s used to evaluate whether a stock is overvalued or undervalued based on its revenue.
This indicator offers a unique way to view this ratio by applying Fibonacci multiples to the revenue per share. It plots lines at these multiples to show how the stock price measures up against different valuation levels.
How It Works:
Data Inputs:
Total Revenue (TR): The company’s revenue over the past twelve months.
Total Shares Outstanding (TSO): The total number of shares in circulation.
Calculation:
Calculates the revenue per share (TR/TSO).
Plots lines at fixed Fibonacci multiples (e.g., 1x, 2x, 3x, 5x, 8x, 13x) of the revenue per share value.
How to Use:
1. Add the "Revenue Grid" indicator to your chart by searching for it in the indicator library and applying it.
2. Observe the lines plotted on the chart. If these lines are trending upwards, it indicates that the revenue is increasing.
3. Analyze how historical prices trend relative to these lines. Look for periods where the stock price supports around specific multiples, you can easily get a sense of overvaluation or undervaluation in certain periods.
Use this information to guide further analysis and investment decisions.
Benefits:
1. Clear Valuation View: Easily see how the company’s revenue translates into stock price levels.
2. Investment Insight: Identify if the stock price is lagging behind revenue growth, which might signal a buying opportunity.
3. Historical Context: Understand how the market has historically valued the company and assess the current valuation.
Do let me know your feedbacks in comments. Happy Investing :)
Revenue
Market Cap / Revenue RatioA variation of the P/S ratio, this script takes the future estimated revenue of the current stock versus it's Market Cap. It then compares the aforementioned Market Cap:Revenue ratio against a market bellwether's corresponding ratio (MSFT by default) to determine the following:
- Light green when the ratio is extremely low (Stock is very undervalued)
- Green when the ratio is low (Stock's multiple is lower by 20-50%)
- Blue when the ratio is close to the benchmark (Stock is fairly valued to benchmark multiple)
- Red when the ratio is high (Stock's mulitple is higher by 50% or more)
- Dark red when the ratio is extremely high (Stock is very overvalued)
CONFIGURABLE
- Full Table: Show the entire calculation table
- Minimalist: Go minimal and show only the ratio and color code
- Show Benchmark Multiple: Show the multiple ratio calculated between the current stock and the benchmark stock (MSFT by default)
NOTES
- When calculating the Market Cap, TradingView sometimes under-reports the number of shares and thus skews the Market Cap too low. This seems to happen for stocks with multiple share classes like GOOGL so be mindful that the data can be wrong for these kinds of stocks. You can check on this by going into the Indicator's Settings and select Show Full Table which will show the number of shares outstanding reported by TradingView.
- For certain stocks such as foreign ADRs, there won't be a future revenue estimate so the script will automatically use the Total Revenue for the most recent Quarter in these cases
Oster's Fair Index (OFI)Note : Excitingly, this indicator is optimized to work exclusively with weekly candles (1W) ! Because fundamental analyses, with their longer-term outlook, thrive on the broader perspective provided by weekly data.
Overview:
Oster's Fair Index (OFI) stands out as a sophisticated indicator to offer traders a comprehensive assessment of a stock's fundamental valuation. Unlike many conventional indicators that focus solely on technical analysis, OFI places a strong emphasis on fundamental metrics, providing traders with a deeper understanding of a stock's intrinsic worth. It applies Oster's method (explained below) to determine the fundamental fair price of a stock.
Innovative Approach to Fundamental Analysis:
OFI employs a unique approach to fundamental analysis, integrating multiple key metrics including Yield , P/S (Price-to-Sales) ratio , P/E (Price-to-Earnings) ratio , Debt/Asset ratio , and P/FCF (Price-to-Free-Cash-Flow) ratio . These metrics collectively offer a holistic view of a company's financial health, allowing traders to gauge its potential for growth and profitability. Notably, the fundamental metrics included in OFI are regarded as the most crucial indicators for fundamental stock evaluation according to Oster's method. Dividend yield and P/S ratio are prioritized as the most significant, followed by the P/E ratio, with supplementary consideration given to the debt-to-asset ratio and price-to-free cash flow ratio. This weighting reflects their importance in determining a stock's fair value according to the methodology, which is integrated into OFI's calculation process.
Customizable Parameters for Tailored Analysis:
One of OFI's standout features is its flexibility, allowing users to customize the fundamental parameters based on their specific investment strategy or preferences. Traders can selectively include or exclude metrics , adjust weighting factors , and set alarm thresholds to align with their unique trading objectives. This customization empowers traders to tailor OFI according to their individual preferences and market perspectives. Although a default value has been set for the weighting of the parameters, traders still have the option to customize it based on their own trading strategy and preference, ensuring that OFI remains adaptable to diverse trading styles and objectives.
Sophisticated Calculation Methodology:
Behind the scenes, OFI employs a sophisticated calculation methodology to derive its insights. It retrieves fundamental data for the selected stock, such as total revenue, earnings per share, debt-to-asset ratio, free cash flow per share, and dividend yield. However, these metrics are not viewed in isolation; rather, they are considered in relation to historical trends . For instance, while a low debt-to-asset ratio may indicate fundamental strength for a company, it must be interpreted in the context of its historical performance. If the debt-to-asset ratio has historically been consistently lower, it may suggest weaker performance despite the seemingly favorable current ratio. Furthermore, OFI goes beyond mere fundamental metrics by incorporating the stock price itself into its analysis . A low debt-to-asset ratio becomes even more attractive for the company if the stock price is also historically low, indicating undervaluation. OFI takes all these aspects into account, providing traders with a comprehensive and nuanced evaluation of a stock's fundamental attractiveness, considering all these aspects in relation to each of the fundamental metrics mentioned above.
Normalized Fairness Differentials for Standardized Comparison:
OFI employs a method where the aforementioned fundamental metrics interact as described earlier. These metrics are combined into a fundamental, normalized value using weighting factors. This value is then normalized by the moving price range of the last 12 months. The result provides insights not only into when the stock price was undervalued, overvalued, or fair, but also enables traders to estimate potential price movements based on the fundamental health of the company. Additionally, a dashed fair price line simply represents the sum of the current stock price and the OFI value. This line illustrates the fair price level of the stock derived from the methodology.
Interpretation:
A negative OFI indicates that the stock may be undervalued based on fundamental metrics. Conversely, a positive OFI suggests that the stock may be overvalued according to fundamental analysis. A zero OFI implies that the stock is trading at a fair price relative to its fundamentals, indicating a balanced valuation scenario. The values of OFI are not arbitrary; they represent the degree of overvaluation or undervaluation in the currency set in the chart settings. This means traders can discern, for example, how many USD the stock is undervalued or overvalued by . Additionally, a dashed fair price line simply represents the sum of the current stock price and the OFI value, illustrating the fair price levels of the stock derived from the methodology.
Dynamic Color Coding for Visual Clarity:
To enhance usability, OFI features dynamic color coding that visually highlights the fair price differentials. Green signifies potential undervaluation , red indicates potential overvaluation , and neutral colors represent fair valuation . This intuitive visual feedback enables traders to quickly identify opportunities and risks.
Alerts:
OFI generates alerts based on these interpretations to assist traders in making informed decisions. An Undervalued Signal (BUY) is triggered when the OFI is below zero and meets the buy threshold criteria. This indicates that the stock is fundamentally undervalued, prompting a BUY alert. Conversely, an Overvalued Signal (SELL) is generated when the OFI surpasses zero and meets the sell threshold criteria. This signals that the stock is fundamentally overvalued, prompting a SELL alert. When OFI hovers around zero, suggesting that the stock is trading at a fair price, a Fair Price Reached (FAIR) alert is generated. This encourages traders to consider profit-taking strategies given the balanced valuation.
Justification of Originality and Value:
In a landscape saturated with technical indicators, OFI distinguishes itself by offering traders a refreshingly simple yet powerful approach to fundamental analysis. While traditional methods often involve laborious scrutiny of financial metrics or even poring over entire company balance sheets, OFI streamlines this process, providing traders with a swift overview of a stock's fundamental health. Its strength lies in seamlessly integrating fundamental analysis with stock price movements, offering insights into how price correlates with fundamental metrics.
One could say we marry the simplicity of technical analysis with the depth of fundamental analysis. This unique combination empowers traders to make informed decisions with ease, leveraging the best of both worlds to navigate the markets effectively.
Conclusion:
In conclusion, Oster's Fair Index (OFI) represents a pioneering advancement in the realm of fundamental analysis, offering both sophisticated calculation methodologies and intuitive, user-friendly features. By marrying these elements with customizable parameters and intuitive visuals, OFI equips traders with a powerful tool for evaluating the fundamental valuation of stocks. Whether you're a seasoned investor or a novice trader, OFI offers invaluable insights that can inform and enrich your trading journey.
Quarterly EarningsThis script displays quarterly earnings per share (EPS) and sales data, and their year-on-year percentage change.
The script builds upon the Volume Price and Fundamentals script by Mohit_Kakkar08 and improves upon the array functions to keep the code light-weight & the output as accurate as possible. This script uses diluted EPS data for calculating the quarterly earnings. New quarters are auto-generated by the script as the earnings data gets updated in Tradingview every quarter.
Features:
⦿ View quarterly earnings per share (EPS) and sales data.
⦿ The percentage change is a YoY (year on year) comparison of the current quarter to the same quarter of the previous year.
⦿ Option to change the data from Quarterly (FQ) to Yearly (FY) .
⦿ Long mode : Option to increase the number of previous quarters displayed in the table (default is the past 4 quarters) to any number.
⦿ Location & size of the table can be changed.
⦿ Option for a 1-click dark mode
⦿ Option for a ' Mini mode ' where the values are replaced by traffic lights for a quick visual:
🟢 or 🔵 YoY increase in earnings/sales
🔴 or 🟣 YoY decrease in earnings/sales
🟡 or 🟠 YoY earnings/sales unchanged
⚪️ No data available
⦿ The top-left cell has the option to display either the free float (FF) or the marketcap (Mcap) of the stock.
Please note that sometimes the Tradingview data reflected in the script output might differ a bit from MarketSmith. Also make sure you are viewing the 'consolidated' data there.
This script was developed as a collaboration between me & @EquityCraze .
(CF|DB) Caruso Financial DashboardThe Caruso Financial Dashboard brings a rich amount of company financial data straight to your TradingView chart along with additional vital stock-related information. At a glance, you can see EPS (Diluted), Sales, growth rates, and EPS/Sales surprises either quarter by quarter on the daily chart or for Fiscal Years on the weekly chart.
On the daily chart, the financial table also has helpful highlights to visually display if a quarter’s EPS or Sales are higher than the same quarter a year ago. Also, EPS and Sales data has a helpful green shading when a new record high number has been achieved for the metric. Additional stock-based metrics include the stock’s Up/Down volume ratio, Beta, Average Daily Volume in terms of shares traded or dollar value traded, the percentage distance to a moving average of choice, as well as the stock’s 52-week high and low.
The weekly chart shows financial data for fiscal years. It also has additional stock-based metrics from those available on the daily chart. These include; Market Cap, Shares in Float and the Float as a percentage of all shares outstanding, the distance from the stock’s 52-week high, the distance to a moving average of choice (10 sma by default), the P/E and P/S ratios.
To further help an investor understand a company’s growth rates, the CF|DB allows a user to hide all or part of the table and plot EPS, EPS TTM (Trailing Twelve Months), and Sales TTM lines on the chart. This can be applied to either the daily or weekly chart.
The CF|DB provides financial and market data for international markets (US, EU, Canada, Australia, Hong Kong, Japan, and more), making its applicability global.
Features On Daily Chart
· Quarterly EPS
· Quarterly EPS growth rate YoY
· Quarterly EPS Surprise vs consensus estimate
· Quarterly Sales
· Quarterly Sales growth rate YoY
· Quarterly Sales Surprise vs consensus estimate
· Green/Red dot highlighting YoY growth or decline
· EPS/Sales green highlight for 8 quarter high or record high numbers
· Up/Down Volume Ratio
· Beta
· Average Daily Volume (shares trade). Period for the average can be configured
· Average Daily Volume (dollar value traded). Period for the average can be configured
· Distance to a moving average. The average can be configured. 21 ema by default
· 52-week high and low
· New 52-week highs and lows are highlighted by a red or green box shading
· Ability to plot EPS, EPS TTM, Sales lines
· Ability to hide part or all of the financial data table
Features On Weekly Chart
· FY EPS
· FY EPS growth rate YoY
· FY EPS Surprise vs consensus estimate
· FY Sales
· FY Sales growth rate YoY
· FY Sales Surprise vs consensus estimate
· EPS/Sales green highlight for 8-year high or record high numbers
· Market Cap
· Shares in float
· Share in float as a percentage of all shares outstanding
· Distance to new 52-week highs
· Distance to a moving average. The average can be configured. 10 sma by default
· Ability to plot EPS, EPS TTM, Sales lines
· Ability to hide part or all of the financial data table
Times-Revenue (Fundamental Metric)Times-revenue is calculated by dividing the selling price of a company by the prior 12 months revenue of the company. The result indicates how many times of annual income a buyer was willing to pay for a company.
In color Red: it shows the last annual metric calculated
In color Gray: it shows the last 4 quarters annualized results
[GTH] Net Profit Margin (%)Displays the Net Profit Margin in a more "readable" fashion than the built-in TV Indicator.
This indicator concludes the series of 'Minervini-indicators', consisting of "GTH Earnings", "GTH Revenues" and "GTH Net Profit Margin (%)".
Famous trader Mark Minervini repeately describes rising earnings, revenues and net profit margin as the most important financials for finding superperformers.
In case of reporting a malfunction: Please be specific. Statements like "does not work" are useless. Thanks.
[GTH] RevenueVisually similar to the GTH Earnings indicator, this indicator plots
Reported Revenue (black line)
Difference to Estimated Revenue (colored bars)
Percentage change to the previous Reported Revenue (tags)
Note 1: Although in Tradingview the 'E' tags on the time line display Revenues alongside with Earnings , there is a difference in timing. Revenues are reported quarterly; Earnings reporting dates differ with each stock. Hence, the tags in this indicator are not necessarily aligned with the Earnings reporting dates.
Note 2: It should be obvious that this indicator can only report data provided by Tradingview. Even more obviousy, it can not display revenues of anything else but stocks.
If you find a malfunction, please provide examples. "Does not work" is not helpful.
[TG] Complete Financial DataHISTORY & CREDITS
Complete Financial Data is basic, yet very effective tool, that will show the most important information from the company's latest financial statements at a glance.
WHAT IT DOES
The table is designed to show comprehensive financial data about the selected ticker.
Revenue - often referred to as sales or the top line, is the money received from normal business operations.
Gross profit , also called gross income, is calculated by subtracting the cost of goods sold from revenue.
Net income , also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Earnings per share (EPS) is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.
Total debt includes long-term liabilities, such as mortgages and other loans that do not mature for several years, as well as short-term obligations, including loan payments and accounts payable balances.
The debt-to-revenue ratio is a financial measure that compares a company's monthly debt payment to its monthly gross income.
The term cash flow refers to the net amount of cash and cash equivalents being transferred in and out of a company. Cash received represents inflows, while money spent represents outflows.
An expense is the cost of operations that a company incurs to generate revenue. As the popular saying goes, “it costs money to make money.”
Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.
HOW TO USE IT
Even if you are entirely a technical analyst, it's always a good practice to take a look at the company's fundamentals, in order to understand more about the heath of the business. Look for companies that beat expectations and show positive growth numbers.
Silen's Financials Debt & EquityThis Script shows Debt (red) & Equity (green), as well as Total Equity and Net Income in a preformatted way for a symbol. Total revenue's and Net income's visibility is turned off by default and can be activated in the indicator settings. 🍳
Disclaimer: Any content in this script can be completely replicated by using Tradingview's Build-In Financial Indicators: Total debt, Total equity, Net income and Total revenue. It requires a lot of formatting work to get them to this state though. 👌
However, you are going to need 4 Financial Indicators clogging 🚽 your screen. With this indicator you have them preformatted as an overlay on your chart so you know exactly what's going on with your ticker's financials. 💰
I recommend only using Debt & Equity OR Total Equity & Net Income together. Although displaying all 4 indicators together is possible, it will make your chart quite messy.
This is how the indicator looks like for Total equity and Net Income:
This Script (2) is part of a Series that will contain 3 scripts to help you easily evaluate if a stock is trading in harmony with its fundamentals or not. ☯
Script 1 already exists:
Script 3 will be a Fair Value Indicator. 📣
Script 1 and 2 combined will look like this: 🌄
If you have any questions, let me know! 🙂
HASHRATE and MINER REVENUEThis script uses daily data points from Quandl which measure Bitcoin mining hashrate, and miner revenue, and averages the two. The two data sets are fairly zigzaggy, so to smooth the data I am use a John Ehlers' filter to reduce the noise. Why did I combine the two? Both have correlation to BTC price action, and by combining hashrate and revenue, I believe it produces a stronger and more accurate signal. At times when the background is green (also displayed with a green square at the bottom), conditions are good in Bitcoinland with miner revenue/hashrate going up. No color in the background and no dot, means the combined miner revenue and hashrate indicator is dropping, but nothing to get worried about. Seeing red dots on the bottom along with a red background signals a rapidly dropping rate of hashrate/miner revenue, and with a fairly strong correlation to the Bitcoin price. Not every red zone foretells a drop in the Bitcoin price, but a significant number of them do. I wrote this script as an early warning system for when to move out of Bitcoin. Use at your own risk. Feel free to modify this code to suit your personal needs. Please only use on BTC /USD pairs with 1D bars. Since there is only one data point per day published by Quandl, it will not give accurate data for shorter timeframes. Enjoy.
EPS_REVENUE_PSR indicatorQuarterly EPS, PER, total revenue(FQ) (in million unit), PSR can be shown as an indicator.
Check only one indicator for the chart visibility.
四半期毎のEPS, PER, 年間売上, PSRをインジケーターとして表示することができます。
チャートを見やすくするために１つのインジケーターを選択してください。
EPS and PER indicatorThis indicator shows quarterly EPS and PER.
Uncheck EPS or PER for the chart visibility.
"standard" and "diluted" mode can be selected for EPS setting.
このインジケーターは四半期のEPSとPERを表示します。
チャートを見やすくするためにはEPSまたはPERのチェックをオフにしてください。
EPSの設定として「通常」と「希薄化後」のモードを選択することができます。
3CCI & 3RSI for botsThis script is for trading grid bots. Only CCI and RSI are used, but there are three different timeframes available for each. When using it, you must select a chart with a period equal to or less than the minimum in the indicator settings. For example, the following periods are selected in the settings: 1 hour, 15 minutes, 5 minutes, so we use a 5-minute chart. A buy or sell signal will be received if the settings of all 6 indicators match. The default settings do not carry any information, use your own. The code is quite simple and may be of interest to a beginner like me.
Earnings DashboardThe Earnings Dashboard Indicator is a fast way to check the most recent quarterly earnings growth on TradingView.
Colors
The colors should help you get an easy overview of the quarters that are particularly outstanding.
- Earnings /Sales Growth & Surprise >= 20% -> Green
- Earnings /Sales Growth & Surprise <= -20% -> Red
- Net Margin < 5% -> Red
- Net Margin >15% -> Green
Indicator Configuration
- Not available at the moment. Feel free to leave us a comment on TradingView with your idea and we will see what we can do.
Planned Future Update
- Extension with annual (FY) financial data
Happy Trading 📈😎
Important : All data is retrieved using the variables provided by TradingView.
Earnings, Sales & Volume DashboardView quarterly earnings per share (EPS) and sales data. Optional visual icons can be shown comparing data on a Year-over-Year (YoY) and/or Quarter-on-Quarter (QoQ) basis.
YoY: quarterly earnings/sales compared to the value in the same quarter of the previous year.
QoQ: quarterly earnings/sales compared to the value of the previous quarter.
Earnings Calculation - Basic EPS vs Diluted
This indicator uses basic EPS data to calculate earnings. For relatively new issues (IPOs, etc), some platforms/tools may use diluted EPS data as a means to account for outstanding stock options, convertible preferred shares, etc. In this scenario, you will notice differences in the earnings information.
Features
■ View quarterly earnings per share (EPS) and sales data.
■ Configure colors for dashboard header and rows.
■ Change location of dashboard.
■ Choose which charts display the dashboard (daily, weekly or monthly).
Pro Tip: Show the dashboard on top of other chart elements:
- Right click on the indicator
- Select 'Visual Order'
- Select 'Bring to Front'
[5F] Bitcoin Hash Rate + Miners revenue-═════════════════════════-
📋 Description :
This script display the Bitcoin' Hash Rate and the Miners revenue based on the data provided by Quandl.
Hashrate is displayed in TH/s : trillion hashes per second with an moving average.
Miners revenue is calculated by : (the number of bitcoins mined per day + transaction fees) * market price
The dates of previous halving are also displayed.
🛠 Note :
There is a multiplier on the miners revenue that you can configurate. It's only used to bring the 2 curves closer together for better visibility but the multiplier don't affect the revenue's data.
You can choose between different types of moving average for the hashrate's signal : SMA, EMA, DEMA, TEMA, WMA, VWMA or TMA.
You can show and hide each elements of the indicator
Thanks to all Pinecoders who share their work with the community.
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Bitcoin Fundamentals - Puell MultipleThis is an indicator that derives from Bitcoin Mining daily generated Income.
It does show a perfect track record on calling Bitcoin cycle tops and cycle bottoms.
For those of you willing to experiment, I've enabled the ability to set custom periods (365 by default).
The indicator includes custom alerts to notify the entry and the exit from OverBought (OB) & OverSold (OS) bands.
Credits: David Puell twitter.com
Bitcoin Fundamentals - Mining IncomePlot the Bitcoin Mining Income in USD or BTC terms.
This Blockchain Indicator is a very useful helper tool to elaborate on Fundamental Studies.
