Multiplier Transformations Release

You can now transform hundreds of data series to multiply and divide them using the Multiper Transformation. This opens up a lot of use cases, including the ability to plot constant multiples.
In this video, we demonstrate how you can use the new multiplier series and provide a few examples.
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[@robertbarnes1989]

Great feature. Thanks for the explanation. One improvement to make it ultimately more useful would be the option to choose median, +-standard deviations instead of a fixed number as every stock has a different historical range. As it stands, one must edit it for each stock unless you are just using market average numbers.

[@Koyfin]

Hey Robert, thanks for watching. The idea is to be able to plot a constant multiple, the mean idea was just an illustration of one way you might it. However, in that particular use case the ability to select a mean, or a median, based on the data, would be a great addition. Thanks for the feedback.

[@teamvigod]

These are great. I might also use the 3, 5 and 10 year mean multiples instead of the current multiple to get a smoother view of typical trading multiples over those historic time periods.

[@Koyfin]

Thanks, and great suggestion.

[@irvingsoh7256]

any way to get this in column based data so we can screen for hundreds of stocks at a go instead of 16 charts at a time?

[@Koyfin]

Hey. Custom formulas already exist in watchlists today, so you could technically calculate this data in a table. As for screener, custom formulas in a screen is something people want, but this charting feature isn’t the same as custom formulas from a technical perspective. For example, you are limited to multiply or divide of a single data series. A custom formula is using multiple data series. As per your question, i am not sure this feature would be useful in a screener so we wouldn’t be adding it to the screener. Custom formulas, however, is something we want to enable for charts, as well as in screeners, its on the roadmap, but requires sizeable projects because it relates to the infrastructure of the platform.

[@CC-lt2qt]

Peter Lynch charts!

[@Koyfin]

Yep!