Feature to use CV+

August 29, 2018

Q & A › Feature to use CV+
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yeohij asked 5 years ago

Hi, May i know what is the meaning of TTM as in “Average ROE based on TTM equity”?
and Why average ROE, is it average of 10 years ROE?
Regards,
Yeohij.

1 Answers
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KCLau Staff answered 5 years ago

TTM stands for “Trailing Twelve Months”… meaning the profit in the ROE calculation is based on the past 12 months earning.
I believe average ROE in  ChartViewPlus is the ROE based on average equity (not the ending equity)

yeohij replied 5 years ago

Thank you, KC.