Most Screeners provides ratings, metrics and even rule based scanning which eases out the investing decisions. While taking a investing decision some prefer fundamental screener , some prefer technical screener and the rest prefers using both in a combo to filter out better stocks that met their criteria. Stock screening doesn’t helps a user to predict the movement of the stock in any direction instead it helps in identifying good stocks and the ability to piotroski back testing forex a stock with its peers.
Selection is indicated in color codes. Value generators and value destroyers respectively with respect to their capital for the past . JP associates value creation index falls in negative taking past three years into account. From the above figure let us take vaibhav global as an example, we can find there is 13. In the above figure Balaji Hindustan Sugar met a decline in promotors stake of 21.
E ratio ends up with a good and healthy value of 6. Helps to analyse stocks fundamentally in each and every aspect. The figure tells us about whether one can choose a particular stock on 10 years report,valuation and research reports with the help of latest financials. Analysis includes the following major factors such as fundamental research, corporate actions, earnings quality, dividend quality and equity screening solutions. Capital Cube helps customers to spent less time in tracking down the data and gathering information and valued time on investment potential and opportunities. The below figure shows how telecommunication stocks are screened with the fundamental analysis score between 10-84 and one month price performance upto 33.
The Bull Cartel, Growth Stocks, Loss to Profit Companies, Magic Formula, Piotroski Scan and Highest Dividend Yield are the featured screens given by screener. Apart from the featured screens users can design their own screens based on their standard and strategy. Email alerts are also enabled for the customer screens. The Bull Cartel : screens stocks of best quarterly results. The figure reveals ICICI bank performed well in the recent quarter. Loss and Profit Companies : Helps to screen companies which showed a good turnover and quarterly results from loss to profit. Magic Formula : Helps to screen stocks which beats the market’s average annual returns.
Applying magic formula, Sagar cements earnings yield has been declared as 50. Piotroski Scan : Piotroski score between 0-9 will be decided from the nine criteria to determine the company’s financial position. A stock is said to be a best stock if it holds piotroski score of 9. Highest Dividend Yield : Helps to screen stocks based on dividend paid out on highest yield.
Indiabulls Ventures Limited tops the Highest dividend yield shares with 10. Stockflare helps to find the stocks for investor’s portfolio. Through hundreds of metrics for more than 40,000 stocks globally and every stock is rated. Stocks are rated on certain factors such as Market Value, investing style, Business Metrics and valuation. Market Value : Here stocks are rated as market value high to low, low to high, Price value high to low and viceversa as well star rating. Valuatoin : Valuation is estimated with the factors like PE Ratio under 10x, Dividend yield over 4x, trading below book value, less than 1x sales, less than 7x operating profit. Stocks which possess positive momentum i.
Equity Boss is an investment discovery and analysis platform that makes investment decision simple for investors. Equity Boss gives grades after using a accurate indicator to know whether the stock outperforms the market consistently, backtested for years and proved to be good correlation, quantitative comparison among financials. Equity Boss gives excellent for Motherson sumi after some actionable insights, backtesting and powerful screening. From the above figure Motherson sumi made a YOY net profit of 143.
Hope you get useful insights about the popular fundamental screeners for Indian Markets. Next time do catch you up with interesting insights. Tagged With: Capital Cube, Equityboss, Fundamental Screener, Moneyworks4me, Screener. Interested in Quant strategies and Trading Analysis Softwares. We want more diamonds like this from the treasure of MARKETCALLS, RAJ dear.
Notify me of new posts by email. Worth to read this article, it can help the first time investors. Please do share your thoughts with me through mail. I am stock picker at gale, an Indian Stock Market blog, Free trading calls and Investment ideas. Very informative article Kalaivani, and reading was very useful to me.