ABOUT US
iStockResearch.com is a leading independent value investing web site. We provide our members with the best stock valuation methodology and allow them to calculate online intrinsic values of U.S. common stocks using automatically-fed financial data on individual stocks and a set of changeable assumptions.
Our goal is to be the most authoritative source on common stock valuation and provide the best analytical tools for a growing audience of self-directed value investors.
iStockResearch.com is a tool for value investors. Intrinsic value (which is also often called 'fundamental value') of a company and its common stock is calculated here using the Chepakovich Valuation Model - the most advanced and newest general valuation model built on a robust theoretical foundation. Intrinsic value of a stock is defined as present value of future cash flows an investor in the company's common stock reasonably expects to receive as a return on his investment and compensation for the risk associated with equity investments.
QUOTES
"The best tool available today, offered as a stand-alone Web site ... is iStockResearch, available at www.istockresearch.com... This site and set of tools is highly recommended for beginning and more experienced value investors."
(High-Powered Investing All-In-One For Dummies by Amine Bouchentouf, Brian Dolan, Joe Duarte, Mark Galant, Ann C. Logue, Paul Mladjenovic, Kerry Pechter, Barbara Rockefeller, Russell Wild., 2008)
"Prepackaged Web-based analyzer: At the time of this writing, the data and analysis package offered by iStockResearch (www.istockresearch.com) is the best free option available"
(Value Investing For Dummies by Peter J. Sander, Janet Haley, 2008)
STOCK MARKET VALUE INVESTING
There are many uncertainties in regard to magnitude and timing of these future cash flows and any estimation of intrinsic value by anyone should be treated with a fair amount of caution: nobody knows what will happen in the future. There is no guarantee that a company's stock will ever trade at the level of its intrinsic value estimation, but there is plenty of evidence that the market price and intrinsic value tend to converge.
Value investing as a distinctive discipline was first formulated by Benjamin Graham and David Dodd who began teaching it at Columbia Business School in 1928. In 1934 they published a book on this subject, Security Analysis, which is considered to be the bible of the value investor. The value investment methodology served very well to many generations of stock market investors. The most spectacular results of adhering to this straightforward and intuitive investment concept were achieved by Warren Buffett.
The value investing concept may be simple, but its implementation is far from it. This is where iStockResearch.com with its sophisticated stock valuation model and up-to-date financial data of individual companies can help. By applying the same valuation algorithm, the model excludes subjectivity and allows objective comparison of different stocks. The valuation results, though, are only as good as the model's input data, especially the one related to expected future performance of the company.