There is a striking similarity between a Stock Discovery and Oil/Gas discovery.
Oil/Gas discovery runs into 3 stages, namely:
1.Seismic Data Acquisition
2.Seismic Processing
3.Seismic Interpretation
While Stock Discovery involves the same steps
1.Data Acquisition
2.Data Processing
3.Data Interpretation
Then where lies the difference.In Weightages.While the former takes weightages in ratio of 50:25:25.The later takes weightages in the ratio 0:25:75 since there is nothing like data acquisition as such and we simply have to take EOD data in toto.
Oil/Gas discovery runs into 3 stages, namely:
1.Seismic Data Acquisition
2.Seismic Processing
3.Seismic Interpretation
While Stock Discovery involves the same steps
1.Data Acquisition
2.Data Processing
3.Data Interpretation
Then where lies the difference.In Weightages.While the former takes weightages in ratio of 50:25:25.The later takes weightages in the ratio 0:25:75 since there is nothing like data acquisition as such and we simply have to take EOD data in toto.