If you are looking to use Intrinio's calculated fields and want to see how we are calculating them, start with the Data Tag Directory.
We keep a filtered list of calculations here.
In many cases, Intrinio provides calculated fields to save users time. There are many hundreds of these fields. You can pull a company's stock price and earnings, then divide them yourself to get P/E, or you can pull P/E as its own data point.
These calculated fields can be helpful, especially when there are multiple time periods for a metric. In many cases, you can pull the most recent metric as well as historical calculations at the daily, weekly, monthly, quarterly, or yearly level. That's a lot of calculating that can be avoided if you use Intrinio's fields rather than doing it yourself.
Here are a few of the data points that users have asked about.
We calculate Free Cash Flow to Firm as freecashflow = nopat - investedcapitalincreasedecrease. Our methodology is different than normal convention due to our use of modern valuation methods as the backbone of our data offering. You can take a look at this presentation that influenced our calculation.
Intrinio's basic beta tag is simply "beta" and it uses the formula for covariance:
beta = Covariance (Ra,Rb)/Variance(Rb).
The Rb value in this case is the S&P 500 while Ra is the stock price of interest. Our default beta uses 3 years of weekly price data, however we do offer several betas that are calculated with different ranges of price data:
Intrinio uses an average of total equity for the period.
We use the tag short_interest to represent the actual number of shares being shorted by market participants.
This comes right from the income statement. Weighted average basic, weightedavebasicsharesos, diluted shares outstanding, weightedavedilutedsharesos, and a combination of the two, weightedavebasicdilutedsharesos, are available.
days_to_cover = shares_short/avg volume
Note- this makes days to cover a ratio so it counts as float.
We don't have a tag for "cash per share," but you can easily calculate it on your own. There are several approaches to calculating this depending on your interpretation of "cash":
(cashandequivalents / weightedavedilutedsharesos)
(cashandequivalents + shortterminvestments / weightedavedilutedsharesos)
(cashandequivalents + shortterminvestments + longterminvestments / weightedavedilutedsharesos)
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