Category: What’s new

During the past 6 months, Uncle Stock received a lot of suggestions. Many of these suggestions are added to the product. This post gives a brief overview on the most important metrics and features that have been added over the last 6 months.

Fundamental indicators

• Reinvestment (and research) indicators: Long-term Reinvestments/ Assets, Long-term Reinvestments/ Market cap, Long-term Reinvestments return, CFO diff/ Long-term Reinvestments, Price/ Research, Capex/ Assets, R&D to Assets, R&D growth metrics
• Held by executives
• Enterprise Value/ Capital Employed
• Change in Net Cash to Market Cap
• Cash ROA, Cash ROE, Free Cash ROE
• CFO/Sales
• Net Borrowings
• Short interest ratio
• Buyback ratio
• Earnings surprise
• Net income yield on Enterprise Value
• External Financing Ratio
• Shareholder yield
• Free Cash Flow to the Firm, and use this for DCF
• Free Cash Flow to Equity
• Free Cash Flow adjusted for R&D and Adjusted Free Cash Flow yield on Price
• EBITA
• Total Owner Return and Net Owner Return
• Coefficient of variation for profitability indicators
• Compare yearly growth standard deviation with sector/industry
• Downside Risk on margins
• Normalisation of scores

Technical / momentum indicators

• Moving Average Slope
• Sharp ratio
• RSI
• MACD: more periods
• Price to Top
• Total return
• Price Compound Daily Growth Rate (60d) and deviation
• Price yearly change standard deviation

New information

• Holder information
• Key executives information

Backtesting

• Rebalance frequency: Quarterly, half-yearly and 2&3 yearly rebalancing
• Position strategy: excess cash in Bonds
• Rebalancing based on technical indicators, stop loss.
• Compare backtest result with indexes
• Monte Carlo variants
• Shorting
• Measure reliability and volatility of the result
• Added 5.000 extra delisted stocks

New features

• Simulation
• Customize visible metrics. Basic and Advanced view
• Search within the components of indexes, funds or institutions
• Search based on exchanges
• Email notifications based on any condition
• Portfolio management: added cash position

Other

• Improved data quality
• Improved usability
• Increased performance of loading stocks and backtesting
• New tutorial movies

During the past 6 months, Uncle Stock received a lot of great user feedback. When feedback is relevant and realistic to implement, it is added. Because it is sometimes hard to notice all the improvements Uncle Stock made, this post can give you some guidance. We are happy to help if you have any further questions about these recent improvements or anything else.

Fundamental metrics

• Total Owner Return, as book value gain plus dividends over a one or multi-year period.
• PEG variants using EBIT, EBITDA and Free Cash Flow, relating Price or EV multiples to growth.
• Valuation using the residual income approach (Intrinsic Value RIM)
• The ERP5. The score is an improvement of Greenblatt. It should normally be calculated, as with Greenblatt, by adding rankings. Sloan ratio (aggregate accruals / assets), measuring accrual anomaly.
• a view for insurances with loss and combined ratio.
• Profit per Employee, to measure financial performance in the digital age.
• Cash to Current Assets, measures a company’s liquidity
• Shares turnover (3 month), to measure stock liquidity.

Technical / momentum metrics

• Total return (price + dividend) as a metric making it possible to screen on past return incl. dividends. As periods, 1 year and several multi-year CAGRs.
• Relative price strength, as “Price.diff industry rCAGR” and “Price.diff industry 1y growth”.
• Price versus moving averages
• RSI – Relative Strength Index
• MACD –  Moving Average Convergence-Divergence

New features

• Increased history depth up to 1993 for averages and CAGRs.
• An exclamation mark to highlight some specific risks. This adds some value to avoid value traps
• It is now possible to provide the number of stocks to be used for the backtest. The lower you go, the higher the error deviation – the higher, the less representative, and the higher the chance to give an incomplete result.
• Standard deviations on the backtest result.
• View to do Dupont analysis. Dupont analysis decomposes ROE to its components: leverage, asset turnover and net margin to have an indication of the relative contribution to the net return.
• Saudi Arabia coverage
• a “recalculate all” button. This will download details and recalculate all stocks in the list, just the same as you would up to now select each stock individually.