Build the set — a comp is a company, not a ticker
Every comparison starts with a choice nobody grades you on — until now. A comps table is only as honest as its member list: the anchor company, surrounded by peers whose business economics can be read against it line by line, from their own filed statements.
This lesson grades the build itself. Assemble the anchor's peer set in the terminal's comps builder — enough distinct peers for spread, within the desk's cap, and every member an operating company. An index fund holds companies; it isn't one.
A sound comps set has three properties: the anchor sits inside its own set; the set carries enough distinct peers to give the comparison spread without losing focus; and every member files its own operating statements — a fund is a basket of other companies and can never be a comparable.
| Requirement 1 | the anchor plus at least four peers, at most 8, no duplicates |
|---|---|
| Requirement 2 | the named anchor is a member of its own set |
| Requirement 3 | every member is an operating company — no fund tickers |
NVIDIA CORP 10-K-anchored comps desk — peer-set build task; fund exclusion via the SEC investment-company directory, via SEC EDGAR
Build the set on the terminal's comps builder, then bring it back here.
Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.