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Copart, Inc. Message Board

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  • jagad5 jagad5 Oct 15, 2003 12:41 PM Flag

    My statistical analysis

    "I don't get what you mean by a WMV"

    This is my target price and is a function of projected earnings per share and growth rate. I use the last 12-16 quarters of revenue and eps data to forecast future revenues and eps. I use a statistical algorithm that seasonally adjusts and predicts.

    I only seriously consider companies who have predictable (not always apparently stable) revenues, reporting net profits. In statistical lingo, if the R^2 on the regression is less than 0.95, I stop looking and move on to the next opportunity.

    This process removes a lot of the emotion and speculation that makes objective decisions difficult.


39.67+0.09(+0.23%)Nov 27 1:00 PMEST