Earnings Multiples
Multiplies Quarterly Earnings x 13, x 21, x 34, x 55, x 89, x 144, x 233.
Yes its a fibonacci sequence.
"Goldilocks zone" seems to be in the 55x - 89x area.
Also when companies become profitable, the indicator looks like a "starburst".
Yes its a fibonacci sequence.
"Goldilocks zone" seems to be in the 55x - 89x area.
Also when companies become profitable, the indicator looks like a "starburst".