Drawdown Dynamics IndicatorDescription :
The Drawdown Dynamics Indicator is a straightforward tool that offers insights into three critical aspects of an asset’s financial performance: Total Max Drawdown, Rolling Period Max Drawdown, and Current Max Drawdown. Inside of the indicator, you can select to view either the rolling period max drawdown or the all-time max drawdown. This is represented by the gray line. The blue line represents the asset's current drawdown.
Rolling Period Max Drawdown is more about a snapshot view, highlighting the maximum loss from a peak to a trough for an adjustable rolling time frame. This is a feature not available with other indicators that exist on TradingView.
Total Max Drawdown gives a broad view, showcasing the all-time deepest decline in an asset’s value.
Current Max Drawdown offers a live update, focusing on the asset's present phase and how it's performing in real-time.
Practical Uses :
The utility of this indicator becomes evident when you start exploring the risks and performance metrics of assets. A notable use of this indicator is in comparing the drawdowns of a trading strategy against the inherent drawdowns of an asset. It helps in painting a clearer picture of risk and performance of both the asset and the strategy.
Risk Understanding : By comparing the strategy drawdown to the asset drawdown, traders get to understand if the risk they’re taking aligns with the asset’s natural risk behavior.
Evaluating Strategy’s Strength : If a strategy can weather the storms of the asset's natural drawdown phases and come out relatively unscathed, it can speak to its strength.
Performance Comparison : It also acts as a benchmark tool. Traders can pit different strategies against each other, using the asset’s drawdown as a baseline, to see which one manages risks better.
Disclaimer : This is not financial advice. Open-source scripts I publish in the community are largely meant to spark ideas that can be used as building blocks for part of a more robust trade management strategy. If you would like to implement a version of any script, I would recommend making significant additions/modifications to the strategy & risk management functions. If you don’t know how to program in Pine, then hire a Pine-coder. We can help!
Temel Analiz
Blockunity Performance Oscillator (BPO)The Performance Oscillator (BPO) is an intuitive indicator that makes it easy to analyze the performance of any asset. It operates over 5 simultaneously configurable periods. All design elements are also customizable. The integrated table summarizes the information in color, so you can quickly assess the different variations.
How it works
The operation of this script is quite simple. It calculates the performance of the selected asset over the different lookback periods indicated in the parameters (default: 1, 7, 30, 120 and 365). It then plots the lines in an independent panel (it is possible to hide lines by unchecking them in the parameters). Finally, performance information is displayed in a table for enhanced clarity.
The Idea
The idea is to bring information about the performance of any asset into your TradingView chart, and to make it visual. What's more, it can give an idea of the asset's trend, as, for example, if all periods are green (positive) in the table, then we can deduce that the selected asset is in a clear uptrend.
Being able to visually analyze several variations over different periods at the same time, while adding this information to a colorful table, makes it unique.
Usage Advice
You can use this indicator on any asset or index.
For example, if you use the indicator in a daily timeframe, the default periods will be 1 day, 7 days, 30 days, etc. If you use the indicator in a horary timeframe, the default periods will be 1 hour, 7 hours, 30 hours, etc.
Parameters
Display of different periods.
Periods according to the timeframe selected on the graph.
Line widths.
Line colors.
Table parameters.
ETHE Premium SmoothedThis script visualizes the "premium" or "deflection" between the price of Ethereum in a fund (ETHE) and the price of Ethereum itself. It's used to detect when the ETHE fund is trading at a significant premium or discount compared to the actual value of Ethereum it represents.
Components:
Two-Pole Smoothing Function: This function acts as a filter to smoothen data, specifically the calculated deflection. Using a combination of exponential math and trigonometry, the function reduces the noise from the raw deflection data, providing a clearer view of the trend.
ETH Per Share: A constant that represents the amount of Ethereum backing each share of ETHE.
Tickers: The script fetches data for two tickers:
ETHE ticker from OTC markets.
Ethereum's ticker from Coinbase.
Deflection Calculation: This represents the difference between the price of one share of ETHE and its actual value in Ethereum. This percentage gives an idea of how much more or less the ETHE is trading compared to its intrinsic Ethereum value.
Smoothing: The raw deflection data is then passed through the Two-Pole Smoothing function to produce the "smoothed" deflection curve.
Visuals:
A horizontal dashed red line at 0%, indicating the point where ETHE trades exactly at its intrinsic Ethereum value.
A plot of the smoothed deflection, with its color changing based on whether the value is above or below zero (green for above, red for below).
Usage:
Traders can use this script to identify potential buy or sell opportunities. For instance, if ETHE is trading at a significant discount (a negative deflection value), it might be an attractive buying opportunity, assuming the discrepancy will eventually correct itself. Conversely, if ETHE is trading at a significant premium (a positive deflection value), it might indicate a potential overvaluation.
Stablecoin Supply Ratio Oscillator
The Stablecoin Supply Ratio Oscillator (SSRO) is a cryptocurrency indicator designed for mean reversion analysis and sentiment assessment. It calculates the ratio of CRYPTO:BTCUSD 's market capitalization to the sum of stablecoins' market capitalization and z-scores the result, offering insights into market sentiment and potential turning points.
Methodology:
The SSRO is calculated as follows-
method ssro(float src, array stblsrc, int len) =>
float ssr = src / stblsrc.sum() // Source of the underlying divided by the sum of stablecoin sources
(ssr - ta.sma(ssr, len)) / ta.stdev(ssr, len) // Z-Score Transformed
This ratio is Z-Scored to provide a standardized measure, allowing users to identify periods of market fear or greed based on the allocation of capital between the underlying and Stablecoins ( CRYPTOCAP:USDT , CRYPTOCAP:USDC , CRYPTO:TUSD , CRYPTOCAP:BUSD , CRYPTOCAP:DAI , CRYPTOCAP:USDD , CRYPTOCAP:FRAX ). The z-scored values indicate potential areas of discount (buying opportunities) or premium (selling opportunities) relative to historical patterns.
Customization:
Underlying Asset: SSRO is customizable to different underlying assets, offering a versatile tool for various cryptocurrencies.
Calculation Length: Users can adjust the length of the calculation, tailoring the indicator to short or long-term analysis.
Visualization: SSRO can be displayed as candles, providing a visual representation of premium and discount areas.
Interpretation:
Market Sentiment: Lower SSRO values may indicate market fear, suggesting a preference for stablecoins as a relatively safer haven for capital. Conversely, higher values may suggest market greed, as more capital is allocated to the underlying asset.
Utility and Use Cases:
1. Mean Reversion Analysis: SSRO identifies potential mean reversion opportunities, guiding traders on optimal entry and exit points.
2. Sentiment Analysis: The indicator provides insights into market sentiment, aiding traders in understanding market dynamics.
3. Macro Analysis: The majority of cryptos follow \ correlate to CRYPTO:BTCUSD , Therefore by assessing premium and discount areas of CRYPTO:BTCUSD relative to the chosen underlying asset, users gain insights into potential market tops and bottoms.
4. Divergence Analysis: SSRO divergence from price trends can signal potential reversals, providing traders with additional confirmation for their decisions.
The Stablecoin Supply Ratio Oscillator is a valuable tool for cryptocurrency traders, offering a nuanced perspective on market sentiment and mean reversion opportunities. Its customization options and visual representation make it a versatile and powerful addition to the crypto analyst's toolkit.
Support Resistance with Touch HighlightDescription:
Support Resistance with Touch Highlight is a powerful technical analysis tool designed to help traders identify key support and resistance levels in the market. Unlike traditional support and resistance indicators, this indicator utilizes a unique approach by considering multiple periods simultaneously, enhancing its accuracy and reliability.
Key Features:
- **Multi-Period Analysis:** The indicator analyzes multiple user-defined periods, allowing for a comprehensive view of support and resistance levels.
- **Average Calculation:** It calculates the average of the highest and lowest prices within the specified periods, providing a balanced representation of support and resistance zones.
- **Dynamic Highlighting:** Bars touching the support or resistance lines are highlighted, aiding traders in spotting potential reversal points.
- **Alert System:** Set custom alerts to be notified when the price touches the support or resistance lines, enabling timely decision-making.
Why It's Superior:
1. **Accuracy Through Multiple Periods:** By considering multiple periods, the indicator provides a more accurate depiction of support and resistance levels, minimizing false signals.
2. **Dynamic Highlighting:** The indicator dynamically highlights relevant bars, making it easy for traders to identify significant price interactions with support and resistance zones.
3. **Customizable Alerts:** Tailor alerts to your trading strategy, ensuring you never miss crucial market movements.
How to Use:
- **Support Zones:** Prices often bounce off the support line. Look for buying opportunities when the price touches or approaches the green support line.
- **Resistance Zones:** Prices tend to reverse near the resistance line. Consider selling or tightening stops when the price touches or nears the red resistance line.
Disclaimer:
Trading involves risk, and past performance is not indicative of future results. Always perform your analysis and consider risk management strategies before making trading decisions.
Treasury Yields Heatmap [By MUQWISHI]▋ INTRODUCTION :
The “Treasury Yields Heatmap” generates a dynamic heat map table, showing treasury yield bond values corresponding with dates. In the last column, it presents the status of the yield curve, discerning whether it’s in a normal, flat, or inverted configuration, which determined by using Pearson's linear regression coefficient. This tool is built to offer traders essential insights for effectively tracking bond values and monitoring yield curve status, featuring the flexibility to input a starting period, timeframe, and select from a range of major countries' bond data.
_______________________
▋ OVERVIEW:
______________________
▋ YIELD CURVE:
It is determined through Pearson's linear regression coefficient and considered…
R ≥ 0.7 → Normal
0.7 > R ≥ 0.35 → Slight Normal
0.35 > R > -0.35 → Flat
-0.35 ≥ R > -0.7 → Slight Inverted
-0.7 ≥ R → Inverted
_______________________
▋ INDICATOR SETTINGS:
#Section One: Table Setting
#Section Two: Technical Setting
(1) Country: Select country’s treasury yields data
(2) Timeframe: Time interval.
(3) Fetch By:
(3A) Date: Retrieve data by beginning of date.
(3B) Period: Retrieve data by specifying the number of time series back.
Enjoy. Please let me know if you have any questions.
Thank you.
Bankruptcy Risk: Altman Z-Score, Zmijewski Score, Grover GThis custom indicator calculates three common bankruptcy risk scores:
Altman Z-Score
Zmijewski Score
Grover G-Score
Altman Z-Score
Companies are in healthy condition if the Z-Score > 2.6.
Companies are in vulnerable conditions and need improvement (grey area) if the score is between 1.1 - 2.6.
Companies have the potential to lead to serious bankruptcy if the Z-Score < 1.1.
Zmijewski Score
The company has the potential to go bankrupt if the value of X Score > 0.
The company is healthy if the value of X Score < 0.
Grover Model: G-Score
The company has the potential to go bankrupt if the G Score ≤ -0.02.
The company is in good health if the value of G Score ≥ 0.001.
The indicator pulls key financial metrics and calculates each score, then displays the results in a table with color-coding based on the level of bankruptcy risk.
Users can toggle between FQ and FY periods and view details on the underlying metrics. This provides an easy way to visualize bankruptcy risk for a company and compare across different scoring models.
Useful for fundamental analysis and assessing financial health.
The financial ratios and methodology are based on research described in
"Analysis of Bankruptcy Prediction Models in Determining Bankruptcy of Consumer Goods Companies in Indonesia" (Thomas et al., 2020).
Fair Value by MMEnglish
IMPORTANT NOTICE
This indicator is used to find fair value based on historical data. Past growth data may not be sustainable, which will cause the price targets given by the indicator to be inaccurate. Any price on this indicator cannot be considered as investment advice. Trading decisions are the responsibility of the person using the indicator.
What is the Fair Value by MM indicator?
This is an indicator that tries to find the fair value of a stock by looking at its historical data and growth over a certain period of time. By analyzing a stock's historical growth data, it generates a fair value and potential price estimate.
The indicator presents the financial data of a stock with 3 different data sets.
1. Summary and Valuation
2. Average Quarterly Growth
3. Profit margins
** Number of Lookback Periods for Quarters **
The first input of the indicator is where you specify how many quarters back to value the stock. By default, it is based on the last 12 quarters, i.e. 3 years. Since there is not enough historical data for newly listed companies, you can change this figure according to the company you are analyzing.
** Show Summary **
The Indicator starts in this mode by default. This mode gives you data such as sales, EBITDA, EBIT, net profit and free cash flow in PER SHARE and TTM values. The reason for using per share values is that a company's price is per share, and it saves you time to look at all other metrics on a per share basis. For example, if a company with a share price of $10 has sales per share of $5, we can say that this company has generated half of its market capitalization in sales revenue in the last 1 year.
In the indicator's default mode (Show Summary);
1. Sales per share TTM (Red)
2. EBITDA per share TTM (Orange)
3. EBIT per share TTM (Yellow)
4. Net Income per share TTM (Blue)
5. Free Cash Flow per share TTM (Green)
6. Share close price (White)
7. Fair value of the share (Green if price is below fair value, Red if price is above fair value)
8. Price target for the next 12 months (Yellow)
** Show AVG Growth QoQ **
When this option is selected, you can see the average quarterly growth in sales, EBITDA, EBIT, net profit and free cash flow, respectively, over the period you have selected (e.g. the last 12 quarters). This data gives an idea about the company's growth and the pace of its growth.
** Show Profit Margins **
When this option is selected, you can see gross profit margin, EBITDA margin, EBIT margin, net profit margin and free cash flow margin data respectively. It provides a quick overview to determine whether the company is increasing revenue by narrowing profit margins or increasing both revenue growth and profit margins.
** Include Sales **
When this option is selected, sales revenues are included in the company's valuation.
** Include Ebitda **
When this option is selected, EBITDA is included in the valuation of the company.
** Include Ebit **
When this option is selected, EBIT is included in the valuation of the company.
** Include Net Profit **
When this option is selected, net profit is included in the valuation of the company.
** Include FCF **
When this option is selected, free cash flow is included in the valuation of the company.
By default, the valuation is based on sales, EBITDA and EBIT. Net profit and free cash flow can be optionally selected. Or the metrics you do not want can be excluded from the valuation calculation.
What do the colors mean?
** Red **
Represents the company's data related to the company's sales.
** Orange **
Represents the company's data related to the company's EBITDA.
** Yellow **
Represents the company's data related to the company's EBIT.
** Blue **
Represents the company's data related to the company's Net Income.
** Green **
Represents the company's data related to the company's Free Cash Flow.
Turkish
ÖNEMLİ UYARI
Bu indikatör geçmiş verileri baz alarak adil değer bulmaya yarar. Geçmişte oluşan büyüme verileri sürdürelebilir olmayabilir, bu da indikatörün verdiği fiyat hedeflerinin yanılmasına sebep olacaktır. Bu indikatör üzerinde yer alan herhangi bir fiyat, yatırım tavsiyesi kapsamında değerlendirilemez. Alım/satım kararları indikatörü kullanan kişinin sorumluluğundadır.
Fair Value by MM indikatörü nedir?
Bu bir hissenin belirli bir periyotu kapsayan geçmiş verilerine ve gelişimlerine bakarak adil değerini bulmaya çalışan bir indikatördür. Bir hissenin geçmiş büyüme verilerini analiz ederek adil değer ve potansiyel fiyat tahmini oluşturur.
İndikatör bir hissenin finansal datasını 3 farklı veri seti ile sunmaktadır.
1. Özet ve Değerleme
2. Ortalama Çeyreklik Büyümeler
3. Kar marjları
** Number of Lookback Periods for Quarters **
İndikatörün ilk input’u, hisseyi değerlemek için kaç çeyrek geriye bakacağınızı belirttiğiniz kısımdır. Varsayılan olarak son 12 çeyrek, yani 3 yılı baz alır. Yeni arz olmuş şirketlerde yeterli geçmiş veri bulunmadığı için bu rakamı incelediğiniz şirkete göre değiştirebilirsiniz.
** Show Summary **
İndikatör varsayılan olarak bu modda başlar. Bu mod, satışlar, favök, esas faaliyet karı, net kar ve serbest nakit akışı gibi verileri HİSSE BAŞINA ve YILLIKLANDIRILMIŞ değerleri ile size verir. Hisse başına değerlerin kullanılmasındaki sebep, bir şirketin fiyatı hisse başınadır, ve diğer tüm metriklere hisse başına bakmak size zaman kazandırır. Örneğin, hisse fiyatı $10 olan bir şirketin, hisse başına satışları $5 ise, bu şirket son 1 yılda piyasa değerinin yarısı kadar satış geliri elde etmiş diyebiliriz.
İndikatörün varsayılan modunda (Show Summary);
1. Hisse başına yıllıklandırılmış Satışlar (Kırmızı)
2. Hisse başına yıllıklandırılmış FAVÖK (Turuncu)
3. Hisse başına yıllıklandırılmış Esas Faaliyet Karı (Sarı)
4. Hisse başına yıllıklandırılmış Net Kar (Mavi)
5. Hisse başına yıllıklandırılmış Serbest Nakit Akışı (Yeşil)
6. Hisse kapanış fiyatı (Beyaz)
7. Hissenin adil değeri (Fiyat Adil değerin altında ise Yeşil, Üstünde ise Kırmızı)
8. Önümüzdeki 12 aylık fiyat hedefi (Sarı)
** Show AVG Growth QoQ **
Bu seçenek seçildiğinde, sırası ile satışlar, favök, esas faaliyet karı, net kar ve serbest nakit akışının, seçmiş olduğunuz periyotta (örneğin son 12 çeyrek), çeyreklik olarak ortalama % kaç büyüdüğünü görebilirsiniz. Bu veri, şirketin gelişimi ve gelişim hızı hakkında fikir vermektedir.
** Show Profit Margings **
Bu seçenek seçildiğinde, sırası ile brüt kar marjı, favök marjı, esas faaliyet kar marjı, net kar marjı ve serbest nakit akışı marjı verilerini görebilirsiniz. Şirketin karlılık marjlarını daraltarak mı gelirini arttırdığını yoksa hem gelir artışı hem de kar marjlarını arttırdığını tespit etmek için hızlı bir bakış sunar.
** Include Sales **
Bu seçenek seçildiğinde, şirketin değerlemesine satış gelirleri dahil edilir.
** Include Ebitda **
Bu seçenek seçildiğinde, şirketin değerlemesine favök dahil edilir.
** Include Ebit **
Bu seçenek seçildiğinde, şirketin değerlemesine esas faaliyet karları dahil edilir.
** Include Net Profit **
Bu seçenek seçildiğinde, şirketin değerlemesine net kar dahil edilir.
** Include FCF **
Bu seçenek seçildiğinde, şirketin değerlemesine serbest nakit akışı dahil edilir.
Varsayılan olarak, satışlar, favök ve esas faaliyet karı üzerinden değerleme yapılır. Net kar ve serbest nakit akışı isteğe göre seçilebilir. Ya da istemediğiniz metrikler değerleme hesaplamasından çıkarılabilir.
Renkler ne anlama geliyor?
** Kırmızı **
Şirketin satışları ile ilgili verilerini temsil eder.
** Turuncu **
Şirketin favök’ü ile ilgili verilerini temsil eder.
** Sarı **
Şirketin esas faaliyet karı ile ilgili verilerini temsil eder.
** Mavi **
Şirketin net karı ile ilgili verileri temsil eder.
** Yeşil **
Şirketin serbest nakit akışı ile ilgili verilerini temsil eder.
FCF / FFO / CFOA and dividends per shareThe indicator shows the Free Cashflow, Funds From Operations or Cash From Operating Activities per share and you can compare it to the dividends per share. You can see at a glance whether the dividends could be paid by one of this KPI. Please use the 12M time unit for the best result.
100% Daily Gain LevelsThis script takes the previous days closing value and calculates the current 100%, 200%, 300% and 400% levels for that stock.
Using that information it draws a dotted persistent line (with labels on the far right) at those levels. This information can be useful as it can then, at times, act as a support/resistance for momentum stocks. So when a stock runs 100% and holds that level, historically, that stock has a good chance to continue rising. Same when hitting additional "100%" ranges.
The user has the option to deselect the labels and/or lines.
If people find this useful then I can work on adding options that allow users more freedom to adjust how the lines are displayed as well as some enhancements to the display.
[dharmatech] U.S. Treasury Yield CurveThis indicator displays the U.S. Treasury Securities Yield Curve.
This is a fork of the US Treasury Yield Curve indicator by @longflat. Thank you for sharing your work!
There are already so many yield curve indicators on TradingView.
What makes this one different?
Update to version 5 of Pine Script
Add RRP%
Add 4 month
Add 20 year
Show previous day's yield curve
Options for prior yield curves
The thick red line shows the latest yield curve.
The yellow line shows the yield curve 1 bar ago.
So, if your timeframe is set to 1 day, the yellow line will show yesterday's yield curve.
Blockchain FundamentalThis indicator is made for traders to harness fundamental blockchain data for better decision-making. Unlike traditional tools, this indicator doesn't depend on standard technical indicators. It offers a novel perspective by focusing on core blockchain metrics like capitalization, miner activity, and other intrinsic data elements. I've designed a distinct scoring logic, exclusive to BF, ensuring it's user-friendly and provides actionable insights for traders at all levels.
Mainly created for Bitcoin , but can be applied to any other crypto assets in cost of losing some metrics in the analysis.
Ethereum chart:
Features:
Customizable Moving Averages:
Choose from an array of moving averages, with the flexibility to adjust the length for a tailored analysis, aiding in pinpointing asset trends.
Blockchain Metrics Integration:
Incorporates a range of blockchain metrics such as Market Cap to Realised Cap ratio, Spent Output Profit Ratio, ATH Drawdown, and more.
Blockchain Metrics Evaluation:
Each metric can be toggled on/off to customize the analysis. Using default settings, traders can use all of the metrics combined.
Every metric is essentially evaluated on a scale from -100 to 100 and then combined with others. If any metric is uncertain about its direction (equals to 0), then the score of it is not accounted in a final calculation.
Kalman Filter:
This indicator offers the option to apply a Kalman filter to the signals, enhancing the smoothness and accuracy of the indicator’s output. This is my approach to mitigate the noise in the final output.
Signal Oscillator:
Displays the aggregated score of all selected blockchain metrics.
Offers visual signals with adjustable upper and lower bounds for easy interpretation based on particular asset observation.
Visual Elements:
Signal Oscillator:
A visual representation of the aggregated blockchain fundamental score.
(White line for a raw calculation, orange line for kalman-filtered one)
Signal Counter:
Displays the count of metrics currently being considered in the fundamental score calculation. (grey line at the middle of an indicator)
Buy/Sell Signal Coloring:
The background color changes to indicate potential buying or selling opportunities based on user-defined bounds.
Usage:
Analysis:
Use the signal oscillator to identify potential market tops and bottoms based on blockchain fundamental data.
Adjust the bounds to customize the sensitivity of buy/sell signals.
Customization:
Enable/disable specific blockchain metrics to tailor the indicator to your analytical needs.
Adjust the moving average type and length for better analysis.
Integration:
Combine with other technical indicators to create a comprehensive trading strategy.
Utilize in conjunction with volume and price action analysis for enhanced decision-making. Every output could be used in traders custom strategies and indicators.
BTC hash rate oscillatorOVERVIEW:
This script looks to identify entry point opportunities when moving averages over Bitcoin's hash rate are indicative of Miner capitulation. The script implements an oscillator based on Charles Capriole's "Hash Ribbons & Bitcoin Bottoms" concept. It analyses the short-term and long-term moving averages of Bitcoin's hash rate and then identifies potential entry opportunities from this.
KEY FEATURES:
Signal Generation: The script identifies entry points when the short-term moving average crosses under the long-term moving average and the rate of change falls below a specified threshold. These conditions suggest potential trading opportunities.
Historical Signals: Optionally the script displays historical signals, indicating past instances where hash rate conditions suggested favourable entry points. Users can also assess the script's historical performance.
USAGE:
The generated opportunities can be used as potential entry points for BTC. The script provides visual cues on the chart (blue labels above the miner capitulation zones) for identification of signals. Customisable moving average lengths and threshold values are supported, which allow adaptation to various strategies.
CONSIDERATIONS:
Validation: It's recommended that careful backtesting over historical data be done before acting on any identified opportunities.
User Discretion: Trading decisions should not rely solely on this script. Users should exercise their judgment and consider market conditions.
Note: This script identifies opportunities based on historical data and should be used with caution, as past performance is not indicative of future results.
[dharmatech] Area Under Yield Curve : USThis indicator displays the area under the U.S. Treasury Securities yield curve.
If you compare this to SP:SPX , you'll see that there are large periods where they are inversely related. Other times, they track together. When the move together, watch out for the expected and eventual divergence.
By default, this indicator will show up in a separate pane. If you move it to an existing pane (e.g. along side SP:SPX ) you'll need to move it to a different price scale.
The area under the yield curve is a quick way to see if the overall yield curve moved up or down. Generally speaking, increasing yields isn't good for markets, unless there is some other stimulus going on simultaneously.
The following treasury securities are used in this calculation:
FRED:DGS1MO (1 month)
FRED:DGS3MO (3 month)
FRED:DGS6MO (6 month)
FRED:DGS1 (1 year)
FRED:DGS2 (2 year)
FRED:DGS3 (3 year)
FRED:DGS5 (5 year)
FRED:DGS7 (7 year)
FRED:DGS10 (10 year)
FRED:DGS20 (20 year)
FRED:DGS30 (30 year)
BearMetricsLooking at the financial health of a company is a critical aspect of stock analysis because it provides essential insights into the company's ability to generate profits, meet its financial obligations, and sustain its operations over the long term. Here are several reasons why assessing a company's financial health is important when evaluating a stock:
1. **Profitability and Earnings Growth**: A company's financial statements, particularly the income statement, provide information about its profitability. Analyzing earnings and revenue trends over time can help you assess whether the company is growing or declining. Investors generally prefer companies that show consistent earnings growth.
2. **Risk Assessment**: Financial statements, including the balance sheet and income statement, offer a comprehensive view of a company's assets, liabilities, and equity. By evaluating these components, you can gauge the level of financial risk associated with the stock. A healthy balance sheet typically includes a manageable debt load and strong equity.
3. **Cash Flow Analysis**: Cash flow statements reveal how effectively a company manages its cash, which is crucial for day-to-day operations, debt servicing, and future investments. Positive cash flow is essential for a company's stability and growth prospects.
4. **Debt Levels**: Examining a company's debt levels and debt-to-equity ratio can help you determine its leverage. High debt levels can be a cause for concern, as they may indicate that the company is at risk of financial distress, especially if it struggles to meet interest payments.
5. **Liquidity**: Liquidity is vital for a company's short-term survival. By assessing a company's current assets and current liabilities, you can gauge its ability to meet its short-term obligations. Companies with low liquidity may face difficulties during economic downturns or unexpected financial challenges.
6. **Dividend Sustainability**: If you're an income-oriented investor interested in dividend-paying stocks, you'll want to ensure that the company can sustain its dividend payments. A healthy balance sheet and consistent cash flow can provide confidence in dividend sustainability.
7. **Investment Confidence**: A company with a strong financial position is more likely to attract investor confidence and positive sentiment. This can lead to higher stock prices and a lower cost of capital for the company, which can be beneficial for its growth initiatives.
8. **Risk Mitigation**: By assessing a company's financial health, you can mitigate investment risk. Understanding a company's financial position allows you to make more informed decisions about the level of risk you are comfortable with and whether a particular stock aligns with your risk tolerance.
9. **Long-Term Viability**: Ultimately, investors are interested in companies that have the potential for long-term success. A company with a healthy financial foundation is more likely to weather economic downturns, adapt to industry changes, and thrive over the years.
In summary, examining a company's financial health is a fundamental aspect of stock analysis because it provides a comprehensive picture of the company's current state and its ability to navigate future challenges and capitalize on opportunities. It helps investors make informed decisions and assess the long-term prospects of a stock in their portfolio.
TradersCheckListThe Traders Check List is a unique and innovative tool designed to assist traders in their decision-making process. Unlike traditional indicators that provide signals or visual representations of market data, the Traders Check List offers a structured and customizable checklist that traders can use to ensure they're adhering to their trading plan and strategy.
While there are countless indicators available for trend detection, momentum, volatility, and other market aspects, very few tools focus on the trader's process. The Traders Check List fills this gap by providing a visual reminder of key trading considerations directly on the chart.
Functionality:
Upon applying the Traders Check List to a chart, users will see a table displayed, typically in the top right corner. This table contains rows that represent different trading considerations, such as trend direction, risk management, and psychological factors. Each row can be customized by the user to fit their specific trading plan.
For instance, a trader might have a row labeled "Trending Lower" with a corresponding "Yes/No" column to confirm if the current instrument is indeed trending downward.
Underlying Concepts:
The Traders Check List is based on the principle that successful trading is not just about market analysis but also about discipline and consistency. By having a visual checklist on the chart, traders are constantly reminded of their strategy's key components, reducing the likelihood of impulsive or emotional decisions.
How to Use:
Apply the Traders Check List to your desired chart.
Customize the rows based on your trading strategy's key considerations.
As you analyze the market, update the checklist to reflect the current conditions and your analysis.
Before entering a trade, review the checklist to ensure all criteria are met.
SFC Valuation Model - US SectorSector analysis is an assessment of the economic and financial condition and prospects of a given sector of the economy. Sector analysis serves to provide an investor with a judgment about how well companies in the sector are expected to perform. Sector analysis is typically employed by investors who specialize in a particular sector, or who use a top-down or sector rotation approach to investing.
Sector analysis is based on the premise that certain sectors perform better during different stages of the business cycle. The business cycle refers to the up and down changes in economic activity that occur in an economy over time. The business cycle consists of expansions, which are periods of economic growth, and contractions, which are periods of economic decline.
Investors who employ a top-down approach to sector analysis focus first on macroeconomic conditions in their search for companies that have the potential to outperform. They start by looking at those macroeconomic factors that have the biggest impact on the largest part of the population and the economy, such as unemployment rates, economic outputs, and inflation.
Every sector shows the average return from three ETFs - SPDR, Vanguard, iShares. There is a possibility to see the returns from every ETF by just holding the cursor on the sector name.
There are few valuation methods/steps
- Macroeconomics - analyse the current economic;
- Define how the sector is performing;
- Relative valuation method - compare few stocks and find the Outlier;
- Absolute valuation method historically- define how the stock performed in the past;
- Absolute valuation method - define how the stock is performed now and find the fair value;
- Technical analysis
How to use:
1. Once you have completed the initial evaluation step, simply load the indicator.
2. Analyse which sector is outperforming.
Smart Money IndicatorSmart Money Indicator
Overview:
The "Smart Money Indicator" is a custom Pine Script indicator designed to help traders identify potential instances of "smart money" or institutional activity in the financial markets. The concept of "smart money" suggests that institutional investors or sophisticated market participants may have an edge due to their access to resources, information, and analytical tools.
Indicator Features:
Volume Moving Average: The indicator calculates a simple moving average (SMA) of the trading volume over a specified length (default is 20 bars). This moving average serves as a baseline for evaluating current trading volume.
Smart Money Signals: The indicator plots green triangles below the price bars when the current trading volume is significantly higher (50% above) than the moving average. This is intended to highlight potential instances of "smart money" activity.
Dumb Money Signals: Conversely, the indicator plots red triangles above the price bars when the current trading volume is significantly lower (50% below) than the moving average. This is meant to indicate potential "dumb money" activity.
How to Use:
Traders can use this indicator to identify potential shifts in market sentiment driven by institutional activity. When the green "Smart Money" triangles appear, it may suggest increased institutional interest or significant trading volume, potentially signaling a noteworthy market event. Conversely, red "Dumb Money" triangles may indicate periods of reduced institutional activity.
Disclaimer:
It's important to note that this indicator is a simplified representation of the concept of "smart money" and should be used in conjunction with other technical and fundamental analysis tools. Trading decisions should not be based solely on this indicator, and thorough research and due diligence are essential before making trading or investment decisions.
Customization:
Traders can customize the indicator by adjusting the length of the volume moving average to match their trading preferences and strategies. Experimentation and fine-tuning may be necessary to optimize its performance for specific markets and timeframes.
SFC Valuation Model - AbsoluteFinancial statement analysis is the process of analyzing a company’s financial statements for decision-making purposes. External stakeholders use it to understand the overall health of an organization and to evaluate financial performance and business value. Internal constituents use it as a monitoring tool for managing the finances.
Most often, analysts will use three main techniques for analyzing a company’s financial statements.
First, horizontal analysis involves comparing historical data. Usually, the purpose of horizontal analysis is to detect growth trends across different time periods.
Second, vertical analysis compares items on a financial statement in relation to each other. For instance, an expense item could be expressed as a percentage of company sales.
Finally, ratio analysis, a central part of fundamental equity analysis, compares line-item data. Price-to-earnings (P/E) ratios, earnings per share, or dividend yield are examples of ratio analysis.
The indicator shows the most important metrics to help investors evaluate a stock. It saves a lot of time searching for metrics on different websites and writing them into different platforms for further analysis.
There are few valuation methods/steps
- Macroeconomics - analyse the current economic;
- Define how the sector is performing;
- Relative valuation method - compare few stocks and find the Outlier;
- Absolute valuation method historically- define how the stock performed in the past;
- Absolute valuation method - define how the stock is performed now and find the fair value;
- Technical analysis
How to use:
1. Once you have completed the initial evaluation steps, simply load the indicator.
2. Make your analysis.
3. Complete the checklist by writing down your thoughts.
SFC Valuation Model - RelativeComparable company analysis, or “Comps” for short, is commonly used to value firms by comparing them to publicly traded companies with similar business operations. An analyst will compare the current share price a public company relative to some metric such as its earnings to derive a P/E ratio. It will then use that ratio to value the company it is trying to determine the worth of.
One of the most popular relative valuation multiples is the price-to-earnings (P/E) ratio. It is calculated by dividing stock price by earnings per share (EPS), and is expressed as a company's share price as a multiple of its earnings. A company with a high P/E ratio is trading at a higher price per dollar of earnings than its peers and is considered overvalued. Likewise, a company with a low P/E ratio is trading at a lower price per dollar of EPS and is considered undervalued. This framework can be carried out with any multiple of price to gauge relative market value. Therefore, if the average P/E for an industry is 10x and a particular company in that industry is trading at 5x earnings, it is relatively undervalued to its peers.
Limitations
Like any valuation tool, relative valuation has its limitations. The biggest limitation is the assumption that the market has valued the business correctly.
Second, all valuation metrics are based on past performance. Investors' perceptions of future performance heavily influence stock prices and most relative valuation metrics don’t account for growth.
Finally and most importantly, relative valuation is no assurance that the "cheaper" company will outperform its peer.
With this indicator, investors can easily compare a few companies and find the outlier. It calculates the average for the sector and highlights the stock that is above the average.
Due to some limitations, the indicator can only compare 5 tickers, but users can always load it twice for more stocks.
Save hours of data entry into Excel spreadsheets to compare stocks !
There are few valuation methods/steps
- Macroeconomics - analyse the current economic;
- Define how the sector is performing;
- Relative valuation method - compare few stocks and find the Outlier;
- Absolute valuation method historically- define how the stock performed in the past;
- Absolute valuation method - define how the stock is performed now and find the fair value;
- Technical analysis
How to use:
1. Once you have completed the initial evaluation steps, simply load the indicator.
2. Add the forwarded EPS.
3. The indicator will do the rest of the calculations for you.
SFC Valuation Model - Fair ValueValuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.
Fundamental analysis is often employed in valuation, although several other methods may be employed such as the capital asset pricing model (CAPM) or the dividend discount model (DDM), Discounted Cash Flow (DCF) and many others.
A valuation can be useful when trying to determine the fair value of a security, which is determined by what a buyer is willing to pay a seller, assuming both parties enter the transaction willingly. When a security trades on an exchange, buyers and sellers determine the market value of a stock or bond.
There is no universal standard for calculating the intrinsic value of a company or stock. Financial analysts attempt to determine an asset's intrinsic value by using fundamental and technical analyses to gauge its actual financial performance.
Intrinsic value is useful because it can help an investor understand whether a potential investment is overvalued or undervalued.
This indicator allows investors to simulate different scenarios depending on their view of the stock's value. It calculates different models automatically, but users can define the fair value manually by changing the settings.
For example: change the weight of the model; choose how conservatively want to evaluate the stock; use different growth rate or discount rate and so on.
The indicator shows other useful metrics in order to help investors to evaluate the stock.
This indicator can save users hours of searching financial data and calculating fair value.
There are few valuation methods/steps
- Macroeconomics - analyse the current economic;
- Define how the sector is performing;
- Relative valuation method - compare few stocks and find the Outlier;
- Absolute valuation method historically- define how the stock performed in the past;
- Absolute valuation method - define how the stock is performed now and find the fair value;
- Technical analysis
How to use:
1. Once you have completed the initial evaluation steps, simply load the indicator.
2. Check the default settings and see if they suit you.
3. Find the fair value and wait for the stock to reach it.
BTC % of Global Central Bank Balance SheetsBTC Market Cap % Share of Global Central Bank Balance Sheets
Central Banks Included in Calculation (in USD terms):
- FED (Federal Reserve System) - United States
- ECB (European Central Bank) - Eurozone
- PBC (People's Bank of China) - China
- BOJ (Bank of Japan) - Japan
- BOE (Bank of England) - United Kingdom
- BOC (Bank of Canada) - Canada
- RBA (Reserve Bank of Australia) - Australia
- RBI (Reserve Bank of India) - India
- SNB (Swiss National Bank) - Switzerland
- CBR (Central Bank of Russia) - Russia
- BCB (Central Bank of Brazil) - Brazil
- BOK (Bank of Korea) - South Korea
- RBZN (Reserve Bank of New Zealand) - New Zealand
- SR (Swedish Central Bank) - Sweden
- BNM (Bank Negara Malaysia) - Malaysia
Global Central Bank Balance Sheets (USD)Global Central Bank Balance Sheets (USD):
Aggregated:
- FED (Federal Reserve) - United States
- ECB (European Central Bank) - Eurozone
- PBC (People's Bank of China) - China
- BOJ (Bank of Japan) - Japan
- BOE (Bank of England) - United Kingdom
- BOC (Bank of Canada) - Canada
- RBA (Reserve Bank of Australia) - Australia
- RBI (Reserve Bank of India) - India
- SNB (Swiss National Bank) - Switzerland
- CBR (Central Bank of Russia) - Russia
- BCB (Central Bank of Brazil) - Brazil
- BOK (Bank of Korea) - South Korea
- RBZN (Reserve Bank of New Zealand) - New Zealand
- SR (Swedish Central Bank) - Sweden
- BNM (Bank Negara Malaysia) - Malaysia
