Feature to use CV+

Q & ACategory: QuestionsFeature to use CV+
yeohij asked 6 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?

1 Answers
KCLau Staff answered 6 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 6 years ago

Thank you, KC.