Re: [amibroker] Access to fundamental data using QuotesPlus

["Chris DePuy" <cdepuy@xxxxxxxxx>]

Tom,

1) Perhaps "OneYearTargetPrice" will suffice?  I've heard some folks using quant/tech strategies use this as a potential resistance level.
http://www.amibroker.com/devlog/wp-content/uploads/2006/06/ReadMe4810.html.  You could try: OneYearTargetPrice = GetFnData("OneYearTargetPrice");  Upside=OneYearTargetPrice/C-1; Addcolumn(Upside,"Upside",1.2);

2) You may also notice that when an upgrade happens, very frequently (like 90-95% of the time) estimates go higher (and downgrade/lower).  For this you could use any/many of the EPS estimates available from GetFnData.  You just have to track it (this is the tough part) to see what it was a day ago, week ago, etc.  Some of the most sustainable moves in growth stocks are found using revisions data.

3) Another point to consider is that these analyst opinions will sometimes help you buy the stock, but almost never help you get out, so even if you had this information, it would not help you exit the stock.  I've done some studies on this (and # of covering analysts, next 12 months EPS estimates, etc) and related topics using thomsononeanalytics.com excel add-in data.  Additionally, there have been several unsuccessful fund strategies at brokerage firms that used the buys/sells from the firm's analyst teams.  Also, if analyst opinions are important to you, you may want to consider subscribing to Starmine, which ferrets out who are the best analysts and focuses on their moves.

Chris

  ----- Original Message ----- 
  From: Joe Landry 
  To: amibroker@xxxxxxxxxxxxxxx 
  Sent: Thursday, December 07, 2006 5:31 PM
  Subject: Re: [amibroker] Access to fundamental data using QuotesPlus



  The GetExtraData functions are supported by the QP plug in, and
  the only way I see to do it is to extend the QP plug in, not likely 
  to happen unless done by someone in the AB user community. 

  HTH
  Joe 
    

    ----- Original Message ----- 
    From: trb0428 
    To: amibroker@xxxxxxxxxxxxxxx 
    Sent: Thursday, December 07, 2006 4:17 PM
    Subject: [amibroker] Access to fundamental data using QuotesPlus


    Hi -

    Does anyone know if there is a way to access the "Analysts 
    Recommendations" field from within AB when using Quotes Plus as my 
    data source? I can access other fields using the GetExtraData() AFL 
    function but "Analysts Recommendation" does not appear on the list.
    Any Ideas?

    Thanks,
    Tom




   
Content-Description: "AVG certification"
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.5.432 / Virus Database: 268.15.15/579 - Release Date: 12/7/2006 1:31 PM