PEGY RatioThe basic metrics that all indicators descend from are for each bar the Open, High, Low, Close and Volume where the Close is often noted as Price. Then the Price/Earnings ratio entered trading. Price/Earnings is often noted as P/E ratio or PE.
The first major formalisation and widespread use of the P/E ratio came in 1934, when Benjamin Graham and David Dodd introduced it in their landmark book "Security Analysis". Their work established the P/E ratio as a core tool in fundamental analysis and
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