Hello QC Community,
While using the SelectFine filter over equity data, I have noticed issues when trying to use financial statements for companies that are headquartered outside of the United States. If I am correct, the currency used in these financials are not dollar denominated and thus make cross comparisons between companies unachievable. Is my understanding of this correct? And if so, how can I adjust financials so that all values will be dollar denominated?
Louis Szeto
Hi AndersonÂ
The data is provided by MorningStar, we also notice that some financials were written in non-US currencies. We've been following up on the data provider on this issue. Meanwhile you might either (1) exclude ADL, or (2) subscribe to some Forex data and adjust the financials by the company's trading currency (refer to fine.Security.CurrencyId). Thank you for your patience.
Best
Louis
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Anderson Lidz
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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