Haha quite a bullish target you got there. $40 per share for me.
@AbdulSalam-zt2kz2 күн бұрын
@ my thesis is that it will replace coca cola and coffee too
@pinotwinelover4 күн бұрын
I've done my analysis, fundamental and technical and I've dug into the company. I think we're up for a big learning surprise on this stock buybacks and acquisitions. Don't be surprise for big move the Upside it's been staying at all year.
@Intrendias6 сағат бұрын
ACN up 7% after 12/19/2024 earnings - nice job! (This short was for March 2024)
@kogarah17 күн бұрын
Brilliant analysis.. much appreciated
@Intrendias6 күн бұрын
I’m glad you enjoyed the video! Thank you for the kind words!
@jasonl286018 күн бұрын
Is it because the Spearman correlation is zero, that's why we can use Conditional Probability? if Spearman correlation is not zero, can we still use the Conditional Probability? thanks
@Intrendias17 күн бұрын
Hey @jasonl2860 thank you for your question and watching the video! Short answer is yes: I use the conditional probability when there is some dependence between the two variables. Since the Spearman results show small dependence, I used conditional probability. If events A and B are independent of each other then knowing what happened to B to predict A will be fruitless since the two events don’t impact each other. Since the Spearman p-value is below 0.05 we can say with statistical significance that the two variables (last week return versus this weeks return) are indeed correlated. However this correlation has low impact because the rho value is near zero and slightly negative. This means that there is a small negative impact on this weeks returns based on last weeks returns.
@wirelessholepuncher20 күн бұрын
What should I do as an absolute beginner?
@Intrendias17 күн бұрын
Hey @wirelessholepuncher thank you for your comment and watching the video! Personally, I focus on building a moat for my portfolio. Buy long term stocks that I believe will go up in value over time. These stocks like AMZN and GOOGL can be stocks you sell covered calls against to make passive income with some added risk. This is my personal opinion and is not financial advice. As a beginner, what stock strategies are you interested in or exploring? I can potentially cover these topics in a future video! Thank you again and I hope this helps!
@justmeajah8 күн бұрын
@@Intrendias maybe that full beginners topic is a good video in itself? Like, you can explain to us where can we start and how common investing knowledge can be applied to this mathematical and statistical calculation?
@Intrendias21 күн бұрын
Try the Intrendias Terminal for free: www.intrendias.com/terminal
@javajav300422 күн бұрын
love the humor, subscribed
@Intrendias22 күн бұрын
I’m glad you enjoyed and thank you for subscribing!
@Kaodusanya23 күн бұрын
Its almost like chegg needs to become unprofitable and spend all their money on ai hype and marketing. The world is so backwards.
@Intrendias23 күн бұрын
More buzzwords please haha Thank you for watching and your comment!
@abdulgayour56823 күн бұрын
Do you see the Chegg will raise again ? Is Chegg will be able to compete with ChatGPT ?
@franekkessler48923 күн бұрын
yes chegg will acquire chatgpt in 2026 mark my words
@Intrendias23 күн бұрын
Chegg will more so have a partnering relationship with OpenAI through their CheggMate GPT 4 model and Chegg could become a data provider given their massive database of textbook problem and answers. investor.chegg.com/Press-Releases/press-release-details/2023/Chegg-announces-CheggMate-the-new-AI-companion-built-with-GPT-4/default.aspx Thank you for watching and your comment!
@abdulgayour56823 күн бұрын
@@franekkessler489 let see what happened in future .As this is good source of learning as I used to solve questions over there
@abdulgayour56823 күн бұрын
@@Intrendias Thank you for your information really valuable .I hope this comes to normal and chegg expert gets work soon
@johnsocs124 күн бұрын
Good video. Did you know that the expected moves for any date and probabilities of these events are provided by the trading platform already?
@Intrendias24 күн бұрын
Hey @johnsocs1, thank you for commenting and watching the video! For example, Robinhood does offer metrics per contract like the IV for the annualized expected move and Chance of Profit for the probability of profit. This coding tutorial can help or inspire in-house probability calculations to automate research or options trading. I hope this response helps!
@m.n.sandeep.r.341624 күн бұрын
Nice video
@Intrendias24 күн бұрын
Thank you! I’m glad you enjoyed
@CannotBeTheHerps25 күн бұрын
“Couldn’t I just ask chatGPT to teach me Spanish”. I’m sure you could, but the fact is that Duolingo has made a platform to make learning languages easier and fun for the average person. That is extremely difficult for AI to replace. Could you ask chatGPT to do a homework assignment for you? Yes. Yes you could. With perhaps the same error rate as chegg. The difference being that chatGPT is free.
@CannotBeTheHerps25 күн бұрын
Also Chegg reminds you of GameStop. I don’t see Chegg being shorted over 120% of the total shares outstanding (actual # ~10%). That is purely the reason GameStop did what it did. Being threatened by technical innovations is the only similarity GameStop and chegg share
@Intrendias11 күн бұрын
Hey there! Thank you for commenting and watching the video! These are good points! I only mention Chegg and GameStop face a industry shift. The video showcases potential value in Chegg because of the negative market sentiment while the company remains cash flow positive.
@patricks269525 күн бұрын
Great analysis on CHGG. Finally someone sees and explains the deep value in this company. Yes, they might be the Kodak of ed tech, but I think the market had a knee jerk reaction and ChatGPT. The issue with LLM is that much of the data is incorrect, it's language based and the data is actually shrinking. Chegg is building small or niche LM's, the data is correct and it's improving. SLM's is the future and if Chegg has the resources to continue to build these models, this could be a huge turnaround, you just need to be patient. And I always loved Buffets cigar analogy and how you applied it to Chegg. That analogy is why I purchased it 3 months ago, but an an avg price of 3.50. A bit under water. But I am patient.
@Intrendias25 күн бұрын
Hey @patricks2695 thank you for the comment and watching! Chegg's questions and answers database can be valuable in it of itself. It would be interesting to see Chegg sell this data for other models to use and train, or Chegg promotes their own LM like CheggMate. I'm glad you enjoyed the tie in with Buffett and the cigar analogy - it felt fitting.
@nhess237525 күн бұрын
Great video Intrendias! I believe you were right on the money when you said if Chegg can keep their subscriber count stable, you will see an insane turnaround on the stock. My question is how are they going to change their business model. Yes, they are introducing AI on their platform now too; but I'd like to see a wider variety of products/services breadth in the company. I believe Chegg needs to diversify in order to stay in business. An example (it's a reach) would be hiring tutors and having subscribers being able to schedule time with a tutor. Or perhaps releasing guide books on certain classes. Whatever they do, they need to do it fast! Thanks again for the great vid!
@Intrendias25 күн бұрын
Hey @nhess2375, thank you for your comment and watching the video! The diversity could come from different education services like you mentioned. Chegg has a language education platform called Busuu www.busuu.com/en-us. Chegg may need to advertise the value of this service better, market it, and pin it against popular apps like Duolingo to take market share. Chegg subscribers also get access to other perks like Max and Adobe that Chegg should better advertise or consider dropping if these benefits are not incentivizing subscribers to stay or convert: www.chegg.com/perks. I agree Chegg needs to pivot quick to not only stabilize but even grow.
@Intrendias26 күн бұрын
What other options trading strategy coding videos would you like to see?
@ondrej530110 күн бұрын
iron condors please!
@Intrendias10 күн бұрын
Hey @@ondrej5301 thank you for the comment and watching the video! I'm happy to look into iron condors and code a potential strategy.
@contrarianthinker27 күн бұрын
Do you know how to code relative volume
@Intrendias27 күн бұрын
Thank you for the comment and watching the video! I’m happy to look into doing a relative volume coding tutorial.
@contrarianthinker27 күн бұрын
@@Intrendiasnot the relative volume index; just relative volume. I can email you to give you an example, if you don’t mind. Thanks 🙏
@Intrendias6 сағат бұрын
Hey @contrarianthinker, check out the new Relative Volume coding video here: kzbin.info/www/bejne/an-pf5JnqZyCmrM Thank you for watching Intrendias!
@vidittayal29 күн бұрын
Why did you use regression for calculating alpha and beta? Why didnt we use the CAPM formula?
@Intrendias27 күн бұрын
Thank you for watching the video and the comment! “Beta is a measure of the covariance of a stock with the market. It is calculated using regression analysis.” (campusguides.lib.utah.edu/c.php?g=160745&p=1052911#:~:text=Beta%20is%20also%20a%20measure,more%20volatile%20than%20the%20market.) We could calculate the beta with the numpy covariance function instead of direct regression: #Convert to arrays stock = np.array(stock_returns) market = np.array(market_returns) # Calculate covariance and variance covariance = np.cov(stock, market)[0][1] market_variance = np.var(market) # Calculate beta beta = covariance / market_variance print(f"Beta: {beta}")
@IntrendiasАй бұрын
Do you think Chegg is deep value or a value trap?
@gaelmoreno481827 күн бұрын
Deep fucking value
@Intrendias27 күн бұрын
@@gaelmoreno4818 We like the stock
@jburns3210Ай бұрын
Thank you, well explained.
@IntrendiasАй бұрын
Thank you for watching and your comment! Let me know if there’s other coding topics you’d like to see!
@IntrendiasАй бұрын
What other topics would you like to see next?
@abdullahsharaf6462Ай бұрын
i'm shorting vix next week
@IntrendiasАй бұрын
See free buy and sell signals on stocks, cryptos, and ETFs at intrendias.com! #algorithmictrading #tradingstrategy
@IntrendiasАй бұрын
Check out intrendias.com for free buy and sell signals on stocks, cryptos, and forex!
@TheMondalmithun2 ай бұрын
Thanks for sharing this with us 👏🏽 waiting for the next one.
@IntrendiasАй бұрын
Hey! Thank you for your comment and watching part 1. Here is part 2: kzbin.info/www/bejne/oWeufYiBYrGkorMsi=ErdHW_0Qs6AFu6dH
@Intrendias2 ай бұрын
Check out intrendias.com for free buy and sell signals on the Intrendias Terminal! #algorithmictrading #tradingstrategy #python
@Intrendias2 ай бұрын
Check out intrendias.com for free buy and sell signals on your favorite stocks, cryptos, and forex! #algorithmictrading #stockmarket #tradingstrategy
@Intrendias2 ай бұрын
Check out the full code for free on Intrendias: www.intrendias.com/post/how-to-calculate-probability-distribution-of-stock-returns-in-python
@Intrendias2 ай бұрын
Check out the blog post for the earnings list with buy and sell signals! www.intrendias.com/post/buy-and-sell-signals-for-october-7th-earnings-week-stock-earnings-predictions
@anandakumar88292 ай бұрын
I can see, thank you so much ❤
@Intrendias2 ай бұрын
I'm glad you enjoyed the short video! I am increasing my position in Bitcoin waiting for this bullish breakout
@Intrendias2 ай бұрын
Check out intrendias.com for free buy and sell signals on the Intrendias Terminal! Search stocks, cryptos, and ETFs for free! #algorithmictrading #tradingstrategy #python
@seanmoore49152 ай бұрын
Great video! I have been chopping Wing financials for the last 3 quarters and no matter how you cut it, this thing is MASSIVELY overvalued. Even if it does multiply it’s store and sales footprint by 3 as the CEO suggests, it would still be overvalued exponentially. The PE and negative ROE along with an average product in a saturated market shows metrics that would be crazy to buy at 425 per share todays price. This thing was up $7 in the first half hour of trading on 410 shares- heavily manipulated and institutionally owned. This valuation is a head scratcher to say the least, much easier to short at these levels than to go long IMO. I am going short against $425 and will DCA if it runs more.
@Intrendias2 ай бұрын
Thank you for your comment and watching the video! Definitely a head scratcher for sure. Market is pricing in hyper growth while consumer sentiment is sluggish. I wish you success in your short trade.
@piphunter3 ай бұрын
Thank you for the video. How would you turn that into a dashboard so multiple instruments could be monitored in relation to the levels?
@Intrendias3 ай бұрын
Thank you for watching and your comment! If you would like to create a dashboard I recommend python dash. Dash enables you to build analytical web applications without leaving python. In the same dataframe, you can calculate other technical analyses and add data to monitor against the levels. I hope this helps!
@Intrendias3 ай бұрын
Which stocks are you excited for earnings?
@sherinab7703 ай бұрын
Hi. This is very useful. Appreciate. Been keeping all my formulas in excel, but getting too large and slow. Now learning to automate that by building my first Python. Watched and learned as much in this 48 hours. For us, we want to 'scrape' in batches of ticker symbols. possibly need to learn up more syntax in Python to achieve that. Then build our own fundamentals formulas to perform horizontal or vertical analysis. Your videos has everything I needed. But limited to one symbol at a time, I would need to look up other vides to incorporate that "list of symbols" and run them only once periodically.
@Intrendias3 ай бұрын
Hey! Thank you for watching the video and your comment! A for loop could work through a list of tickers one at a time to perform your scrape. For example, tickers = ['AAPL',"GOOGL','AMZN'] for ticker in tickers: #must indent below print(f'Now on {ticker}) #perform task here
@VivekGautammk3 ай бұрын
please provide source code
@Intrendias3 ай бұрын
Hey! Thank you for your comment and watching the video. The code is available on intrendias.com under the blog section. Sign up for Intrendias Essentials for free to view exclusive blogs
@VivekGautammk3 ай бұрын
Hey, Please provide source code please
@Intrendias3 ай бұрын
Hey! Thank you for your comment and watching the video. The code is available on intrendias.com under the blog section. Sign up for Intrendias Essentials for free to view exclusive blogs
@Intrendias4 ай бұрын
Check out the stock earnings predictions here: www.intrendias.com/post/buy-and-sell-signals-for-july-29th-earnings-week-stock-earnings-predictions
@matthewhongkong70814 ай бұрын
It has risen a lot from may. But it made a high of $400 and then now $366
@Intrendias4 ай бұрын
Hey! Thank you for your comment and watching the video. WING stock price did see a decline even after strong earnings and revenue results for Q2 - the current price may be pricing in for hyper expectations. WING has come back up a bit since then to $371. MCD and SBUX are seeing push back for price hikes; it'll be interesting to see customer loyalty for Wingstop and whether or not WING has also been performing price hikes on menu items.
@Erez.Levi.Stocks5 ай бұрын
Hello and thanks for the video, I have been analyzing the company's reports for two weeks and I would be happy if you could perhaps help me with one question. I cannot understand why the company uses the Securitized Financing Facility so much? do you have any idea?
@Intrendias5 ай бұрын
Thank you for watching and your comment! It seems like WING performs a Securitized Financing Faculty to “strengthen the Company’s liquidity position, and for general corporate purposes, which may include a return of capital to shareholders.” (ir.wingstop.com/wingstop-inc-announces-intention-to-enter-into-new-securitized-financing-facility/) Securitization could be helping WING borrow at better rates and improve their liquidity to keep up with their rapid growth. I hope this helps; I’m not currently sure why WING may specifically prefer SFF over other borrowing methods.
@Erez.Levi.Stocks5 ай бұрын
@@Intrendias thank you very much!
@Intrendias5 ай бұрын
See my original post on wallstreetbets: www.reddit.com/r/wallstreetbets/s/WBicyWRwGp Thank you for watching!
@Intrendias5 ай бұрын
Thank you for watching the coding tutorial! Complete code available now on www.intrendias.com/post/exponential-moving-average-in-python
@bazhenovdenis5 ай бұрын
Great! Professional and very useful!
@Intrendias5 ай бұрын
Thank you for watching! I’m glad you found the Python coding series helpful!
@Intrendias7 ай бұрын
Algorithmic trading begins at 05:45. Thank you for watching!
@aarondelarosa31468 ай бұрын
Can you calculate DCF (Discounted Cash Flow) in order to determine Intrinsic value using Python?
@Intrendias8 ай бұрын
I’m happy to look into doing DCF in Python. Thank you for your comment and watching Intrendias!
@Intrendias2 ай бұрын
Hey @aarondelarosa3146! I uploaded part 1 of the Discount Cash Flow Model in Python series: kzbin.info/www/bejne/eX-4Y3eQgp6YkM0. Part 2 will come out soon! I hope you find the video helpful!
@Intrendias8 ай бұрын
Algo trading starts at 56:13. Thank you for watching!
@Intrendias8 ай бұрын
Trading starts at 0:41. Thank you for watching!
@Intrendias8 ай бұрын
Trading starts at 0:10. Thank you for watching!
@Intrendias8 ай бұрын
Algorithmic trading starts at 16:53! Thank you for watching!