Equities Lab
Learn how to benchmark your strategy versus various benchmarks, ranging from indexes, to stocks and other strategies.
Imagine you have a large cap screen
Cutting to the chase, imagine you have a simple screen that finds reasonable large cap companies. That screen is literally “import ohlson_o_score < -3 and mc > 10b”
Click on “® B 9”
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Click on “I Trading Rules”
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Click on “S&P 500”
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Add AAPL for a tough benchmark.
…Henry Crutcher
How to analyze a factor without ranking in Equities Lab
Create a screen
Everything starts with creating a screen. So, onward!
Name your screen
Screeners with names can be found later. If you want to put your screens into categories, simply put MyCoolCategory: at the front.
Limit your stocks (marketcap)
You can type “Market Cap > 500m” here.
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This how-to shows how to create a strategy in Equities Lab, and how to do some basic analysis of it. For humor value, we take the point of view of a children’s book character, named Amelia Bedelia, who has no common sense. We have all felt this way sometimes.
Create A Screener
A quantitative mutual fund is a screener.
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A lesson on absolute prices versus relative ones
You’ve been referred to this page by something saying “You can’t (or shouldn’t) use Close > 5.00” in a stock screener.
Imagine you are looking at a share of GoodStock (yeah, I know that’s a lame name for a fake stock!). It goes up and up, and up! …
Analyzing Apple
An Apple by itself
Is Apple a stock worth buying? Other people have discussed (at length) its “questionable” product decisions, such as:
- The touch bar
- getting rid of Touch Id in favor of using facial recognition
- Scrapping a whole ecosystem of connectors to push the “Lightning cable”
- Eliminating the headphone jack from the newest generation of phones.
We’ve all heard the old trope that “Cash is King.” Well, in terms of a company it just might be. As part of our Green Flag score we have created a line that requires that a company have a positive operating cash flow over the past four quarters.
If you are unfamiliar with what operating cash flow is, it is exactly what the name suggests – cash flow from operations.…
Looking at XOM
Companies’ stock prices generally go up when earnings do. So, when faced with a stalwart household name whose earnings have been steadily going down for two years, what should we do? Consider Exxon Mobil. Since it has some history (Rockerfeller founded Standard Oil in 1870), we can take the long view. …