stake_vs_volume

Run it yourself

This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.

WITH
    shares AS
    (
        SELECT
            t                                                          AS ticker,
            argMax(diluted_shares_outstanding, (filing_date, period_end)) AS shares_out
        FROM global_markets.stocks_income_statements
        ARRAY JOIN tickers AS t
        WHERE t IN ('AAPL', 'MSFT', 'KO', 'PG', 'WMT', 'JNJ')
          AND diluted_shares_outstanding > 0
        GROUP BY t
    ),
    vol AS
    (
        SELECT
            ticker,
            avg(toFloat64(volume)) AS adv
        FROM global_markets.stocks_daily_aggs
        WHERE ticker IN ('AAPL', 'MSFT', 'KO', 'PG', 'WMT', 'JNJ')
          AND date >= today() - 180
          AND date <  today() - 2
          AND volume > 0
        GROUP BY ticker
    )
SELECT
    s.ticker                                        AS ticker,
    round(toFloat64(s.shares_out) * 0.005 / 1e6, 2) AS stake_shares_mn,
    round(v.adv / 1e6, 2)                           AS avg_daily_volume_mn,
    round(toFloat64(s.shares_out) * 0.005 / v.adv, 2) AS adv_multiple
FROM shares AS s
INNER JOIN vol AS v ON v.ticker = s.ticker
ORDER BY adv_multiple DESC