With the help of this toolset, you have the ability to perform Tykr Fair Value calculations. Moreover, you can copy and paste the algorithms into your own projects.
Tykr
Tykr is a stock screener and education program for Windows that was developed as an all-in-one platform to help you reduce risk and manage your own investments. There is helpful information presented on the official websites, along with various paid services, free learning materials and business management utilities.
General notes
The toolset comes in the form of an Excel document with a few sample uses. The Tykr Fair Value calculation is inspired by Benjamin Graham and Phil Town, however the developers made a few small changes to the original project. The numbers may vary slightly because the program uses what is called a regression analysis, that achieves a smoothing effect. This feature is especially handy when looking at IPOs which have limited data.
Swim Lane
Another notable innovation of this utility is the Swim Lane, where the EPS Growth Rate will fall between fifteen and thirty percent. By adding this algorithm, you can allow the stock that is consistently growing to be represented more accurately. In other words, you have the ability to track potential business assets in accordance with the size of the business. To trade your assets online, you may use a variety of software solutions like Ninja Trader or MetaTrader.
Features
- free to download and use;
- compatible with modern Windows versions;
- allows you to calculate the Tykr Fair Value;
- you have the ability to copy the algorithms;
- it is possible to monitor IPO stock growth.