girbeap

Intrisic Value by Enterprise value - GVP

Intrisic Value by Enterprise value.

In this script we take Enterprise value and we check a base price base on that.

Red line meaning +20% above intrisic value and represent an sell signal.

Green line meaning -20% below intrisic value and represent an buy signal.

For stocks like AGNC this strategy will not work. For these categories of stock i will develope another scripts.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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