Tuesday, May 17, 2011

Value Stock Screen Q1 2011 Performance

April 9th, 2011 by Jae Jun

Print Friendly Print Get a PDF version of this webpage PDF Predefined Value Stock Screen Performances

I created these predefined value stock screens in order to keep a constant flow of ideas coming in and to somewhat automate my investment process. The best way to find truly original and off the wall ideas would be to go through every company starting from the A’s in the SEC database, but for  most people, this is unrealistic.

Through these screens, based off my own research and study, I hope to produce ideas that are not producible with just a free standard screener.

The screens are essentially the same as last year, except some parameters have been tweaked and adjusted to account for more realistic trading. A lot of the OTC stocks have been filtered out and I would like to do the same with the Chinese stocks , but that is a hard ask at the moment.

The most obvious point jumping out at me is the negative results of the insider buys and share buyback screen. Something I’ll have to look at and see why.

On the other hand, the CROIC and NNWC increasing stock screener is continuing last year’s outstanding performance where CROIC returned 44.9% and NNWC increasing returned 43.8%.

You can read more about the details of each screen from last year’s performance discussion.

User Interface Changes to ScreenersIn case you have not checked out the new site design, the screener section has some changes.

The screens are now being displayed as an embedded spreadsheet so that you can easily copy and paste into your own spreadsheet.