Tham khảo tài liệu 'j m hurst the profit magic of stock transaction_6', tài chính - ngân hàng, đầu tư chứng khoán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 118 How to Seỉect and Track Trading Issues and per unit volume. A high and increasing short interest indicates high potential volatility. APPLYING STABILITY FACTORS Four stability factors are available from Mansfield 1. Rating in the extreme lower right-hand corner of the chart. This is given in the form of A A B B B etc. If none is present use the Standard Poor Stock Guide Rating available from your stock broker . 2. Price earnings ratio the number on the left in the box in the upper left-hand coiner of the chart. 3. Yield the number on the rigfit in the same box as the price earnings ratio. 4. Earnings growth a series of rows of numbers just below the volume base line. The one you want is marked c on the left . This is the accumulated quarterly earnings for the past four quarters. Note the sequence of these from left to right to determine the earnings growth trend. In the process of winnowing down the number of issues you are interested in analyzing If all else is equal you might as well have a few of these so-called fundamental factors on your side. The rating is a composite measure of the quality of an issue. It represents the considered judgment of fundamentals analysts as to the stability of the earnings and dividend potential of the issue. The higher the rating the more desừable from a stability standpoint. The price eamings ratio is the current per share price of the stock divided by the yearly per share profits earned by the company. While not a stability factor in the same sense as rating a low price earnings ratio makes the stock more desirable in the eyes of many investors. In assessing how low this ratio is for a given stock the historical values of the ratio should be considered for the particular stock in question. Mansfield shows these ratios for most price turning points on the chart. Yield is the current per share yearly dividends expressed as a percent of present per share price of the stock. A high yield signifies large dividends low prices or a
