Divergia
The Honest Read
Conservative, transparent stock analysis from a quantitative model that publishes the number even when it says wait — or I don't know. Educational, not financial advice.
- Valuation
Understanding DCF Valuation: The Math of Intrinsic Value
Discounted Cash Flow (DCF) models are the gold standard for fundamental valuation. But a small change in assumptions can lead to wild valuation changes. Here is how to think about intrinsic value prudently.
- Quality
ROIC: The Ultimate Metric for Capital Efficiency & Competitive Moat
Growth is useless if it consumes too much capital. Return on Invested Capital (ROIC) measures how efficiently a company generates profits using its debt and equity.
- Risk
The Margin of Safety: Protecting Capital Against the Unknown
Benjamin Graham called the Margin of Safety the secret of sound investment. Here is how buying below intrinsic value protects your portfolio against errors, bad luck, and market volatility.
- Data-quality detective
How a data vendor turned a homebuilder into the "best stock in the S&P 500" — and how we caught it
The most dangerous bug in a stock model isn't in the math — it's in the data the math trusts. A real case, and the structural check that caught it.
- Abstention
Why our model refuses to give you a number on this stock — and why that protects you
Most tools are built to always answer. Divergia has a verdict almost no other tool will give you: "I don't know — and here's exactly why."
- Methodology
Our backtest says 20% a year. The honest number is 13% — and it loses to the S&P 500. Here's why we tell you that.
Backtests are easy to win, because the most common way to run one quietly cheats. The most expensive cheat, explained with our own numbers.