Analyzes user-supplied historical stock price data to estimate fair current prices of all the stocks.
Uses an original algorithm that does not utilize time-series trending in the calculation.
Runs on a Pentium processor with any of the Windows 95/98/2000/NT operating systems.
User supplies a database (Metastock text format) of historical stock price data through the present day. All data are used in the calculation.
Databases as large as 1300 stocks with 5000 days of trading have been successfully processed (20 minutes on a 233 MHz Pentium processor).
When used in conjunction with other stock analysis programs this application may assist in identifying stocks that have been recently "hammered" excessively by the market (hence may be promising buys).
The ability of this application to identify stocks that will increase in price cannot, of course, be guaranteed. However, the predictive power of this application has yet to be tested.