Let Us simplify your screening process
Why start from scratch? Save time with Equities Lab! We provide an extensive library of pre-built stock screeners that you can use as-is or customize to create your perfect screener. Whether you use them as-is or customize, these screeners offer a robust foundation for your stock analysis. Despite their complexity—using both fundamental and technical analysis—our screeners are designed to be intuitive. You can easily read, understand, and modify them to obtain the results you are after.
The screener above not only visually identifies the stocks that are moving in the direction we want, but it also shows off our ability to backtest your strategies.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 recent years.
If you have a background in programming, you will quickly appreciate the balance of simplicity and power in our system. Our user-friendly equi-hack language is designed with careful attention to detail, offering autocomplete suggestions and in-depth help for different fields. This helps mitigate confusion and accelerate your path to master. In addition to all this, with many foundational formulas included, you can focus on building more sophisticated strategies with less effort.
Harness the power of Advanced operators
At Equities Lab, we offer the ability to compare, select, and perform mathematical functions— but our competitors do that too. What sets us apart is our ranking, sorting, and counting operations. These tools might sound straightforward, but they make a significant difference in your screens. Consider the distinction between asking, “Is the P/E ratio below 10?” and asking, “Is the P/E ratio lower than 75% of other companies in its industry?” The latter provides a much more nuanced and valuable insight.
Our count operator is another powerful feature, allowing you to require that only some, rather than all, conditions be met. Why is this important? A stock that meets most—but not all—of your criteria can still be highly profitable, especially when a stock that meets every single condition might not even exist (though we wish it did).
As you delve deeper into your analysis, you’ll want to track how key metrics change over time. Equities Lab enables you to ask complex questions such as, “Has the P/E ratio consistently been low, or is this a recent trend?” or, “Is the P/E ratio low due to rising earnings?” You can test and select for the rate of change in any accounting data over time.
For advanced users, our platform offers built-in tools to calculate standard deviations, skewness, variance, correlation, kurtosis, and even Monte Carlo search logic. This elevates technical analysis from simple queries like, “Find stocks that went up,” to more sophisticated searches like, “Find stocks that have lower volatility compared to their peers, and have shown consistent growth over the past 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 or even 1,112+? A basic list becomes inefficient and overwhelming. How do you make sense of such a large volume of financial data?
That is where advanced analytics come into play. Equities Lab provides you with powerful tools like bar charts, sortable scatter charts, tilt charts, and more, enabling you to visualize and analyze your results effectively. These tools help you extract meaningful insights from vast amounts of data, ensuring you can make informed investment decisions with confidence.
(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
While analyzing past performance is valuable, the ability to “travel back” in time and jump around can be immensely helpful and insightful.
With Equities Lab, you can explore historical data as if you were there, allowing you to see what you would have noticed just before the 2008 financial crash and during the recovery in March 2009. This feature enables you to evaluate whether you could have predicted these events. You can also jump to January 2011 and test strategies that might have been profitable during that challenging year. After all, those who do not learn from history are doomed to repeat it!
Screen With Confidence
We understand that navigating all the information available can be overwhelming. That’s why Equities Lab provides sample formulas that you can easily incorporate into your screener, either by name or by copying and pasting directly. If you ever find yourself needing assistance, our support team is just an email away at support@equitieslab.com.
This is serious business—your career, your nest egg, your future—and we recognize that! It’s also empowering, however, (and even enjoyable) to experiment with and explore ideas that you’ve only been able to read about until now. With Equities Lab, you have the tools and the freedom to bring those ideas to life.