Quantopian's community platform is shutting down. Please read this post for more information and download your code.
Back to Community
Reliability of fundamental data
Krzysztof Gorbiel
posted

Hi,

I try to understand where are the fundamentals data coming from. Maybe I am missing something, but it looks to me the values are not correct.

See below an example for Apple on 1-march-2016. According to fundamental query EBIT,EV/EBITDA,ROIC was 24bln, 6.5471, 9.79%.
But the real values are completely different: 72bln, 7, 37%.
EV/EBITDA might be ok, but the other 2 does not make any sense to me. Any idea ?

import numpy as np
import pandas as pd
start_date = '2016-03-01'
end_date = '2016-03-01'
fundamentals = init_fundamentals()
data = get_fundamentals(query(fundamentals.income_statement.ebit, fundamentals.valuation_ratios.ev_to_ebitda, fundamentals.operation_ratios.roic), end_date).T
print(data)
ebit ev_to_ebitda roic
Equity(2 [AA]) -391000000 9.2596 -0.016897
Equity(21 [AAME]) 726000 11.9719 0.006430
Equity(24 [AAPL]) 24171000000 6.5471 0.097913

Krzysztof

1 response
Josh Payne

The values provided by fundamentals in Quantopian are for the most recently reported quarter. Based on the $72 B EBIT value you report here, I am assuming that you are quoting annual values.

Thanks
Josh

Disclaimer

The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.

About Quantopian
Careers
Community
Events
Documentation
Academia
Lectures
Status
Facebook
Twitter
LinkedIn
YouTube
Terms of Use
Privacy Policy

The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.