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

useequityval.com

81–90 of 166 posts

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

#81
post #73

https://www.useequityval.com/model?ticker=CRSP Current Price: $56.22 Projected Price: $20,806,772,549,824,028.00 Difference: 37,009,556,296,378,460% Glad I'm long.

I put in quite a few stocks and the results were often strange. Negative values, under a dollar, etc. These were all stable companies, not penny stocks.

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

#83
post #73

https://www.useequityval.com/model?ticker=CRSP Current Price: $56.22 Projected Price: $20,806,772,549,824,028.00 Difference: 37,009,556,296,378,460% Glad I'm long.

37,009,556,296,378,460%

That is a decent return. I bought a call option for RILY. Went to zero. Well...

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

#84
post #73

https://www.useequityval.com/model?ticker=CRSP Current Price: $56.22 Projected Price: $20,806,772,549,824,028.00 Difference: 37,009,556,296,378,460% Glad I'm long.

The hard thing about modeling is not the math to get to present value of the stock. It's figuring out which assumptions make sense.

Assuming that a revenue growth rate of 84,762.39% is (a) a valid number and (b) expected to remain the same over the next X years does not quote-unquote "make sense"

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

#85
post #73

https://www.useequityval.com/model?ticker=CRSP Current Price: $56.22 Projected Price: $20,806,772,549,824,028.00 Difference: 37,009,556,296,378,460% Glad I'm long.

Yeah, there should be multiple massive disclaimers on this site. I'd be worried about regulatory issues as well.

Edit: why disagree?

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

#86
post #85
post #73

https://www.useequityval.com/model?ticker=CRSP Current Price: $56.22 Projected Price: $20,806,772,549,824,028.00 Difference: 37,009,556,296,378,460% Glad I'm long.

Yeah, there should be multiple massive disclaimers on this site. I'd be worried about regulatory issues as well. Edit: why disagree?

Why? Anyone who invests based on such obviously wrong numbers shouldn’t be protected from themselves.

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

#87
post #80

Earlier quoted context omitted.

I mean if you really want to quote HN rules > Please don't comment on whether someone read an article. "Did you even read the article? It mentions that" can be shortened to "The article mentions that".

I didn't comment on whether you've read the article. There's a strong expectation a toplevel comment in a Show HN thread is concretely about the thing being showhn. That's not some complicated thing that requires the subtle parsing of multiple rules.

Yes, and you quoted yourself that just because it’s a “ShowHN” doesn’t mean that it has to be praised effusively and get a attaboy.

My negativity wasn’t “gratuitous”. His tool was meant to predict stock price. Every reputable article shows that kind of analysis is foolhardy- or as the WSJ put it - about as good as blind monkeys

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

#88
post #85

Earlier quoted context omitted.

Yeah, there should be multiple massive disclaimers on this site. I'd be worried about regulatory issues as well. Edit: why disagree?

Why? Anyone who invests based on such obviously wrong numbers shouldn’t be protected from themselves.

The concern isn't that they would invest bed on obviously wrong numbers. The concern is that someone invests based on believable numbers that are incorrect. There's no information on accuracy measures or verification. Offering this model to others could be an SEC/FINRA violation.

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

#89

Everyone: This is a nice simple interface for making a discounted cash flow (DCF) model, and the pro version lets you export that to Excel. There’s still a lot of work to fill in those fields. More on DCF: https://corporatefinanceinstitute.com/resources/valuation/dc... OP: What are “AI Models"

Hi, the pro version allows you to tell an AI what you think aboout the company and it will fill in the DCF model for you. So you can say, "I think AAPL will have strong growth over the next 5 years, they will also see costs go down as xyz will happen" and the AI will use your assumptions to fill in the DCF

Thanks for clearing that up

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

#90

Im skeptical whether these types of models can help you make better investment decisions. The fate of a company usually hinges on some fundamental question. For Apple it is whether they can stay a prominent platform that can capture a significant portion of the value created on it. For Tesla it is how fast their self driving tech will evolve. For Google it is whether AI will make search obsolete or more valuable.

Yes - it is well known there is no "secret investing sauce" - this has been proven over and over. The only people who tell you otherwise are people with something to sell you, or people who have tricked themselves into believing otherwise. This kind of stuff pops up whenever the market is on a tear.
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