The price targets are mathematically determined through the employment of regression analysis utilizing the past 10 years of factual statistics. If 10 years of history is unavailable, we will employ as many years that are available, but seldom fewer than 4 years . When studying each historical year, we find the highest and lowest fundamentally related ratios attained by the stock's extreme price movements. This factual information is utilized by applying a proprietary formula to calculate the extremes at which the stock's value is again likely to be perceived as being too high and too low. Rank This Industry' refers to the rank after the mergence of fundamental and technical information.
Relative strength is determined after normalizing volatility.
Last line under 'Pricing' is the ratio of the stock's average 30-day volume to its average over the past 90 days. Adjusted Ratios, arrived at through our proprietary formula, are used to determine stock price objectives. Also, the company is very apt to be enjoying an enviable profit and loss statement and strong balance sheet.