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In my years of using Equities Lab as a quantitative investment tool, I have never lost sight of the core values of long term investing. Many of these values are in the teachings of Benjamin Graham and used by an idol of mine, Warren Buffett. Remembering this, no matter how much risk I take on in my portfolio, I always keep a subsection for value investments.…Read More
Insider Ownership
High insider ownership is something commonly associated with value investors. The idea behind it is rather simple. If the management owns a large portion of the company, then they are incentivized to perform well – benefiting not only themselves but the shareholders as well.  The other side of that coin is that owners may not listen to the advice of people within the company, using their position as majority shareholder to push for things the company wouldn’t do otherwise.…Read More
Low debt vs. High debt
Debt, a word that consumers and college students know all too well. How do companies view debt, and how does it affect their stock price? Let’s find out by taking a look at both high-debt and low-debt companies. High Debt This screener finds companies with a debt to equity ratio ranking them in the top 25% of the market, total liabilities to assets ranking in the top 25% of the market while outperforming by 2%.…Read More
Simulating a Short Strategy
Shorting in Equities Lab Before, if you wanted to test out a short strategy, you’d have to run your screen and hope that it loses money. That’s now changed thanks to our new “position_weights” feature where you are able to finally simulate a short strategy more closely and identify if your strategy really does make money.…Read More
Trump's first 100 Days
   There was a lot that went down in President Trump’s first 100 days in office, and a lot that didn’t. The market reacted well when Trump was announced the winner of the presidential election and that momentum stayed going until his inauguration. From his inauguration to the end of his first 100 days in office, the S&P 500 produced a 5.5% gain under the new president.…Read More
Stock Analysis – Utilizing Plot Panels
In the past two years of using Equities Lab, I have never stopped experimenting. However, at some point along the way, after taking up a prop trading course I found a few indicators that I trust and use more than others—essentially using those variables whenever I need to analyze a strategy.…Read More
Best Cities for a Career in Finance
Currently, I am a finance student finishing up my second year at Georgia State University here in Atlanta, Georgia. Knowing that I’m graduating in a couple of years I realized it was time to put in a little bit of research on where I could possibly move after graduation, if I move at all (I really like living here in Atlanta).…Read More
Stock Analysis - Creating a Tear Sheet
Watch Your Math
When it comes to investing, I love thinking in terms of standard deviation. It’s one of the quickest ways to assess the risk of a potential investment, and there is an established good benchmark standard deviation that I shoot for when picking investment strategies. There is just one small problem – the close.…Read More
50% Employee Loss
   Most businesses run on a cyclical manner, meaning that they are subject to a normal business cycle. Using the Equities Lab screening technology, we can take a look at companies that lost 50% of their workforce in the last 252 days of trading. While we look at these companies, it is important that we keep in mind that there is a bigger picture for layoffs and losing employees rather than just “cost cutting”.…Read More
Trumping the Market
   Over the past few weeks’ major indices have continued to hit new all-time highs, it seems like almost every industry is performing well. However, it’s important not to get lost in all the commotion and news surrounding the markets and continue to look for safe investments with “yuge” returns. Under the current administration, investors are anticipating a more pro-business environment complimented by tax cuts and deregulation for certain industries.…Read More
Market Momentum
Unless you’re living under a rock, you’ve probably heard the news about Dow 20K. You might be asking why Dow 20K matters and what it even means. Well, Dow 20K is a major milestone for the Dow Jones Industrial Average. The Dow Jones Industrial Average has been around since May 26, 1896, and is an index of 30 large publically traded companies based in the United States to give investors a general idea of how those stocks were traded onRead More
Green Flag: PEG Ratio Greater than Zero
Investment Green Flags: PEG > 0 Continuing with our green flag series, today we are going to be taking a look at the PEG ratio, and how well companies perform when their ratio is above 0. Though an excellent flag, it doesn’t mean anything on its own – especially if you aren’t familiar with a PEG ratio.…Read More
A historical look at IPO performance
   In my last article, I wrote about the Snap IPO and how other fairly recent IPOs performed after going public. The results, for the most part, weren’t too impressive. To get a better understanding of how IPOs have done over the last two decades I back tested the IPO screener to go back all the way to 1998.…Read More
Private to Public: The IPO
The IPO Wall Street has been salivating over for months is finally becoming a reality. Snap Incorporated, the parent company of Snapchat, officially announced it will be going public. The company will have its first day of trading at the New York Stock Exchange sometime in March (No specific date as of yet) with Goldman Sachs and Morgan Stanley as the underwriters.…Read More
What happens when you eliminate the 10%
Getting rid of the top 10% of performers We’ve been making a lot of assumptions recently, so why stop now? I was speaking with someone the other day and they made the statement that since the majority of the market doesn’t really perform that well, and the general market only increases so much as a result of a few superstars.…Read More
Are Solid Companies Really That Solid?
Firing on all four Cylinders The world is run by computers. Almost every field has been automated to a degree that the workplace wouldn’t be able to really function without technology, and finance is no exception. With HFT firms and algorithms dictating how we trade, let’s take a step back and assess the fundamentals.…Read More
Chasing the Market Never Works
Chasing Never Works Momentum based investing is everywhere, and there’s nothing we can do about it. From investing in trend lines or price oscillations, it’s an investment philosophy that is here to stay. Though it isn’t my favorite style of investing, it’s at least worth a look. Recently I was approached with the investment idea that, if you invest in the top performing industry, you are likely to make money.…Read More
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High Piotroski F-Score   A recurring name throughout our software and website, the F-score has been continuously tested under many different circumstances and never ceases to amaze me. It may be simplistic, but, when used correctly, can be a very powerful tool for your portfolio. For this Green Flag we want to look at the two calculations we have in the system for the Piotroski F-Score – Yearly and Trailing 12 Months.…Read More
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  When I’m going through a testing process to check for a new update, my go to screen is “Close > 444”. This seems all fine and well, and will return companies that have a close greater than 444, but, believe it or not, this usage of “close” is incorrect. Within the Equities Lab system, there are two types of close – Close, and RawClose.…Read More