Add a low price reference of 80% of the current price.
in the popup where low price is selected, add another value that is 80% of the current price.
Reference value of 80% of the current price has been added to the low price selection.
-
Rod Gombar commented
I know it has been suggested before, but I am also suggesting a low stock price forecast data point of 80% current price be added to the SSG tool on BI. I consider all of the data in the SSG (Low P?X X Low EPS Forecast, Recent Marker Low Prices, Average Low Price of Last Five Years and Price Dividend Will Support) AND my manually calculated 80% of Current Price when selecting a low stock price forecast. I know others do too. It seems like a simple change to make and us “old” Toolkit 6 users would really appreciate it.
-
Roy commented
Please do NOT add the "80% of current price" option for setting low price. This only gets investors into trouble. They find a good stock but which is too high a price so it comes out as "Hold." They then use the 80% option to make the U/D ratio come up to a 3.0:1 or better. 80% is a non-standard low price, which has not been adopted by BI (not in the SSG Core and predecessor), but if does become part of SSG, they think it is a perfectly valid measure.