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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

#161
post #117

Earlier quoted context omitted.

This caught out the current Show HN poster, so I imagine the comment could be useful to future Show HN posters. Besides, the comment wasn't unkind to the present poster and is actually kind to future posters, so the admonishment and down-votes seem unwarranted.

My tip is to re-evaluate why you think you are getting downvoted to better understand your tone and wording rather than assume the downvotes are not warranted.

I m the one who got downvoted. I honestly was trying to help but I can see why my tone seemed a bit rude.

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

#162

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…

Getting the data is always the hard part for stock apps. My experience has been that it’s very difficult to get up to date data for free. You’ll probably have to pay for an API. You’ll probably want to anyway so that you aren’t juggling several free APIs to get the same data, or so you’re working with a mature, easy to use, RESTful API. I’ve worked with stock market APIs that are miserable to use.

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

#163

It's predicting a contraction in value of 20% to 70% of every stock I throw at it. 40k DIJA is a more-than-inflationary bubble popping within a few years? Edit: Chipotle must be headed for E. Coli again: Projected Price: $-2,890.64 https://www.useequityval.com/model?ticker=CMG

I mean the stock market is objectively overvalued and the economics are leaning toward a recession

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

#164
post #159

Earlier quoted context omitted.

The secret sauce is simple: low cost ETFs that track the S&P 500 index. Regular, automatic investments. Go to sleep. Wake up 30/40/50 years later. You will be rich. Warren Buffet supports this idea for retail investors.

> Warren Buffet supports this idea for retail investors. Everything that Buffet says falls into one of two categories: [1] He has no relevant knowledge. [2] He/Berkshire makes money from it. [2] Is the most common. (His railways transport oil. His insurance companies make money from the inheritance tax, a tax that his estate won't pay. Etc.)

    > His insurance companies make money from the inheritance tax
I don't follow this. Can you explain more? Buffet has been quite clear that he expects low cost index-tracking ETFs to outperform even hedge funds with 2&20 fee structure.

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

#165
post #68

Earlier quoted context omitted.

Neither is an equity's price much of the calendar year.

We should distinguish between: - price (absolute level) - price movements (relative change) Your claim is that an equity's price isn't usually a reflection of fundamental value. On how many days this year (or this decade) was Google's market cap lower than that of Cheesecake Factory? Why?

I was referring to an equities price generally being in a wide band channel of price over a year. I was not suggesting an equity goes wildly below it's intrinsic value often (although it is not uncommon still)
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