Here consensus earnings estimates are far from textbook or theories and explanations, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Investors measure stock performance on the basis of a company's earnings power. To get a proper assessment, investors seek a sound estimate of this years and next years
EPS, as well as their shrewdness, of how much the company will earn even farther ahead. I can have even many other ways like a Fibonacci ratio, or even a trend line match etc. but based on situation I will decide which will me more appropriate in each case.
However may be the case it is easy for me , mind that I mentioned its for fun
, but how canyou guarantee me, that can be allowed by the respected moderator. Otherwise no meaning in expressing your idea, and also some market theories doesn’t have any explanation at all