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Show HN: I built a website to create financial models for any stock online

useequityval.com

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Re: Show HN: I built a website to create financial models for any stock online

#62

Post by trevzercap »

atlgator wrote: post #61

Your model projects the price of Nvidia will rise to $30,173. How does it arrive at that?

Hi this is from a comment below on this

"Hey, the model starts with the previous years growth numbers projected out 5 years. You are meant to give your assumptions to get to a valuation. NVDA revenue grew 125% last year so projecting that out for 5 straight years results in a very high value but is most likely inaccurate!"

I should probably take nvda off the home page lol

Re: Show HN: I built a website to create financial models for any stock online

#64

Post by czbond »

repeekad wrote: post #60
jstanley wrote: post #42

Very nice, coincidentally I have been thinking about making a similar tool lately, but I'd make it quite a bit more conservative. I'd want to be able to define a model like "I think the fair value of a company is its net current assets plus its last 5 years of earnings", and have the tool email me whenever I can buy shares in any company substantially below that price, or sell them substantially above. It wouldn't be…

You should checkout fintool.com, you can ask in natural language for this kind of data and soon set up alerts on it

Thanks for pointing that out - fintool seems really impressive as well

Re: Show HN: I built a website to create financial models for any stock online

#66

Post by trevzercap »

cmgriffing wrote: post #63

I would love to see some tooltips or something to explain the relevance of some of the stock metrics and what a good vs bad number would look like. Something as simple as "Higher number = better" would be useful.

Thank you, this is a good suggestion.

Re: Show HN: I built a website to create financial models for any stock online

#67

Post by trevzercap »

tndibona wrote: post #65

I like the site. You reacted the HN front page. Congrats mate, I hope you don't burn a hole in your wallet to support this surge in traffic.

Haha, just upgraded my email provider so i wouldn't run out 30 seconds ago. Thank you!

Re: Show HN: I built a website to create financial models for any stock online

#69

Post by nonameiguess »

vg_head wrote: post #57
jstanley wrote: post #42

Very nice, coincidentally I have been thinking about making a similar tool lately, but I'd make it quite a bit more conservative. I'd want to be able to define a model like "I think the fair value of a company is its net current assets plus its last 5 years of earnings", and have the tool email me whenever I can buy shares in any company substantially below that price, or sell them substantially above. It wouldn't be…

This is exactly the kind of tool I would want as well. I was surprised nothing like this exists already.

I don't know if this is the reason but it is somewhat trivial to roll your own. This is actually close to the story of how I became a programmer in the first place. 17 years ago or so, I made something like this in Excel and figured out how to populate the data from the Yahoo! Finance API, then learned about FRED, BLS, other sources of possibly relevant economic data, but still doing everything in Excel, eventually deciding to learn C++ since I'd heard it was the industry standard for finance. I caught the bug, ended up being more into software than finance specifically, and the rest is history. My motivation at the time was this was the middle of the big global financial crisis, everything had tanked, and it seemed like a great time to get in low. Buying my first house in 2009 was probably the most advantageous thing I did, though I was at least able to do that by tax-free early liquidation of an IRA that was full of self-picked stocks.
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