EPIQ - Electronic Processing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EPIQ - Electronic Processing

EPIQ 16.49

0.0%

Oct 10 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bruce Ravelson who wrote (31)	2/22/1998 11:05:00 PM
From: JRobinson	Read Replies (2) of 50

>>I found it the same way (i.e. Daily Graphs). Could you explain what the alpha # means and why it is a good indicator for you? Thanks<< The definition of alpha is the amount the stock would have fluctuated on average every month over the past twelve months assuming the reference index (DG uses the SP-500, Navallier sometimes uses the Russell 2000 also) was unchanged over the same time period. An alpha of 1.0 suggests that a stock would have appreciated 1%/month for the last twelve months, assuming an unchanged reference index (SP-500). Since the scale only goes to 9.99, it may be inferred that those with a 9.99 reading may actually be stronger. An alpha above 4-5 is good, particularly if it is rising. They need to get to 9.99 somehow:) Nearly every stock I bought using this nearly doubled in the last 6 months (thats how long I have been using it since an online acquaintance tipped me off to this method. It's not infallible but it gives you a hell of a place to start the selection process.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next