Analyze, Build, and Use Alpha Generating Strategies

Quantitative Stock Screener and Backtester

Equities Lab lets you screen, backtest and manage your stocks.  Know why you bought any given stock, and when you should sell it.  Our stock screener finds the stocks you want, using quantitative criteria you set.  Our backtester tells you whether these quant strategies generate alpha, and the watchlists keep your implementation on track.  You can use our charting tools and vast data to dig into a stock's fundamentals, and understand why it is doing what it is doing. Check out our screening feature...
Heat map of stocks matching an investment strategies and doing well

Several strategies, in a heat map, all outperforming

Serious research

A table of stocks together with fundamental and technical data, colored by performance

A table of stocks together with fundamental and technical data

Serious quantitative investors end up using Excel, one or more software packages, and lots of math. Use our complete financials on 18,000 stocks covering the last 20 years to validate your strategies -- worry free. Our data comes from Morningstar, with macroeconomic data from Quandl, and we cover data from "Accounts Payable" through "Non Current Deferred Assets" to "Write Offs". We also include "Market Cap", Close, Volume, and PE in our hundreds of properties.Check out our data...

Does your trading strategy generate alpha

Fundamental quantitative investment strategies seem to be the answer. But, does your trading strategy blend? More formally, do you make excess returns over the market by following your combination of factors. Validating this requires gigabytes of data, programming expertise and attention to detail -- all of which we have. We use a lookahead bias free, survivorship bias free, point in time dataset. This allows you to see what would have happened had you used your strategy in the past. 

You'll see where your alpha is coming from, and be able to figure out why. Then, you’ll want to tweak it. Then you’ll want to validate that it still works. Change the rebalance period, so you trade monthly, instead of once a quarter, and see if it still works. Then try once every two weeks, or midway through each month. Add stop losses, minimum holding periods, or more. You can't exactly backtest real life in Equities Lab, but you can come close. You can see how your strategy did, what it bought, how each position did, and more. Learn more about our backtests...
A backtest chart of Value Hybrid 20 generating massive alpha versus the S&P 500

A backtest chart of Value Hybrid 20 generating massive alpha versus the S&P 500

Express yourself

The Piotroski score expressed a formula in Equities Lab

The Piotroski score expressed as a formula in Equities Lab

Structure your formulas and ideas any way you want. You can test almost any financial anomaly with Equities Lab and see if it generates excess return. We can easily express any of the Fama French factors, see how Quality Minus Junk works, or create and validate your own anomaly.  You get auto-completion, a helpful field and operator reference, and built-in help every step of the way.  For instance, people like to use the Piotroski score to filter stocks.  Piotroski score is a nine point checklist, and a good Piotroski stock would have to match seven of these nine conditions.  Checking this in Equities Lab is easy to do: it takes ten statements -- nine for the condition, and one for the count and comparison. Similarly, finding the stocks that are the second cheapest 10% of some valuation metric is easy.  If you want to filter companies before you rank, and you want to collate by industry or other segment, you just do it. It is literally easier to do than to describe.  Here are the ten statements (we just took a screen grab of our built in formula). Learn More About the Editor...

Big Data Analytics applied to the stock market

Investing in the stock market requires big data, which we have.  We can summarize the state of the entire market in a few clear lines, in a few seconds.  We can focus in on a sub sector, or a slice based on company size, or analyze one of the P/E quintiles in more detail.   If you want to know whether highly leveraged companies are overvalued versus their historical average, or whether airlines are outperforming small cap technology, you can see it on a handy chart. See this data crunching in action....
Backtest with multiple industries

Backtest with multiple industries

Think deep

Scatterplot for screener

Scatterplot for screener

We give you access to information buried in the books of thousands of companies. For example, you can test the changing inventory levels and accounts receivable of all companies over 20 years using our Morningstar data set. We have the companies that trade today, as well as the ones that are but a distant memory. You can take these comparisons and rank across their peers in their sector. Then you can see how this ranking changes over time, and select the companies that are moving in the right direction.

Great Graphics

It’s one thing to be told that your portfolio got 10% annual performance, and that it had a monthly Sharpe Ratio of 0.13. It’s another to see it in pictures. It’s yet another to be able to interact with these pictures, and get a deep nuanced understanding of the data. We have scatter charts, heat maps, tilt chart, breakdowns, exportable tables, and more.  We even have regular charts.  Better still, you can take these great graphics and tables, and export them to documents, Excel, or the web, so you can make your points more easily.

See what you are doing

Track your portfolios, keep notes, see how you have performed in the past, and slice and dice your winners and losers. This will let you have more winners and fewer losers. This overview panel shows you all of your managed strategies, along with your suggested sells and buys.  Our tear sheets let you get an overview of any stock by clicking on it, and you can use the breakdown panel to ensure you don't invest too heavily in one sector.  The notes on each stock let you learn from experience, and the buy/sell tracking keeps you on the straight and narrow.We also integrate with Interactive Brokers, Tradier, and TradeKing, to allow you to place trades directly from Equities Lab, and keep track of how those trades are doing.  We'll also tell you when it's time to sell, and buy new stocks.

We can help you

We have on screen documentation, assignments to help you learn how to invest, YouTube videos, a textbook available on Amazon, email support, a webinar series, and paid strategy creation. Learn More...

We have your formula

Lots of very smart people have studied the stock market. These people are smarter than you or I, and they have spent countless hours poring over the data to create interesting formulas and insights. Formulas and insights which we have encoded in Equities Lab, in an open, transparent way:

  • Piotroski Score
  • Altman Z Score
  • Ohlson's O Score
  • Montier C Score
  • Declining Wedge
  • Ascending Triangle
  • Quality Minus Junk
  • Book Value
  • Stock Idiosyncratic Risk
  • Leverage Ratio
  • Weighted Average Cost of Capital
  • Interest Coverage Ratio

You can take these, modify them, enhance them, and build your own formulas.  We're waiting to see what you can cook up.  Feel free to email us with your ideas or questions at sales@equitieslab.com.

Who we are

We are a pair of Java and Python experts who started this in 2012 to learn how to invest. We had money to invest since we’d been working at Google and at the CDC, and consulting with Nike and SAP. We use a custom database system to store and manage the gigabytes of data involved, and ensure that the queries run well, and use a rich Java interface to ensure that if your strategy makes 200,000 trades, you can search through the list and find the ones that work well.  Meet our Founders...

Buy now

What are you waiting for? Equities Lab runs on Windows, Mac and Linux, and can be run with a subscription from any computer. We have a 30 day money back guarantee, and are exactly the tool you are looking for. Invest wisely and with confidence.