Start with market beating strategies
With Equities Lab, there is no need to start from scratch every time. We provide an ample set of pre-made stock screeners that you can use as-is or add on to, to create your perfect screener. Though our screens are intricate and use fundamental and technical analysis to choose their stocks, they are easy to read, understand, and modify to find the results you want.
The screener above shows off the handy ability to look into the past, and ensure that things are moving in the direction we want them to. The results from this screener have increasing income, increasing revenue, and increasing gross margins. When backtested, the resulting companies outperform the S&P 500 over the last few years.
If you have done some programming, you will quickly notice and appreciate that this carefully crafted language is simple to use, yet powerful. We prompt you with choices as you type and have help on all of our fields, mitigating confusion as you achieve mastery. Our formulas have many of the basics included, allowing you to build bigger ideas while doing less work.
continue with powerful operators
We can compare, select, and perform mathematical functions. So can our competition. Equities lab is set apart by our ranking, sorting, and counting operations. They sound simple but these operations are the difference between, “Is the P/E below 10?” and “Is the P/E lower than 75% of the others in its industry?”. Our count operator allows you to require some, but not all, of a set of conditions to be true. Why would you do this? A stock that matches most, but not all of your qualifications can still be highly profitable, particularly in cases where your ideal stock that matches everything, does not actually exist (though we wish it did).
Eventually, you are going to want to check how quantities change over time. Equities lab allows you to ask questions like, “Is the P/E always low, or is it normally higher?” or, “Is the P/E low because earnings rose?” You will be able to test and select for rates of change of any accounting information across time. Advanced users will find our built-in features to calculate standard deviations, skewness, variance, correlation, kurtosis, and even Monte Carlo search logic. This transforms technical analysis from, “Find stocks that went up,” to, “Find stocks that have less volatility than their peers, and went up smoothly over the last year, excluding the most recent month”.
Analyze your Results
If your screen returns 12 results, getting them in a list is not a problem. You can manually check to see if they concentrate on one industry, or if they are all small cap stocks. As your screen returns more and more items, however, a simple list is going to become problematic. What if you had 112 items or even 1,112+ items? You will need analytics: bar charts, sortable scatter charts, tilt charts, and more to make sense of that magnitude of financial information all at once. Equities Lab gives you all of that and more.
(You can also search to see if a specific stock is already in your basket, and sort your stocks by sector.)
Screening In The Past
Seeing performance is all well and good, but the ability to “jump around” in time can be immensely helpful. For example, you can use Equities Lab to see what you would have seen right before the crash of 2008 and examine the recovery in March 2009, to see if you could have predicted it. You can jump to January of 2011, and see if you can figure out a strategy that makes money even during that difficult year. (Those who do not learn from history are doomed to repeat it!)
Screen With Help
We know there is a lot of information here. Equities Lab provides sample formulas that you can quickly draw upon and include in your screener, either by name or by copying and pasting directly. If you get stuck, you can always get help at support@equitieslab.com. This is serious business: a career, a nest egg, a future. We know. That said, it is liberating (and downright fun) to be able to play with and explore the ideas that you have been limited to reading about up until now. With Equities Lab you have the power to do it all!