Disclaimer
Analysis Techniques & Strategies
The P/E OverVal SX strategy is used for short exits and buys to cover when the P/E crosses from above its average value to below its average value or when the P/E can no longer be properly calculated because earnings are zero or negative.
| Name | Type | Default | Description |
| EarningsField | String | SDBF | Specifies the short name of the fundamental data to read for earnings per share. |
| AvgLength | Numeric | 12 | Sets the number of bars used to determine the average P/E. |
Short exit that is triggered after the P/E of a specified earnings field crosses under the average P/E or when the P/E can no longer be properly calculated because earnings are zero or negative. P/E is calculated using current closing price and trailing twelve month (TTM) earnings per share.
Order Name: PEOvrSX
Related Strategy: P/E OverVal SE