Error in computing Profit Growth for CRWD?

Loo Cheng Chuan

4 years ago 2682 views

Run a backtest today. CRWD Profit Growth number is super high. Is there an error?

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Admin

4 years ago

Hey, If the initial profit is close to $0, the growth will be a very large number. Because growth = final profit divided by initial profit. Hence if initial profit is very small, the growth will be a large number.