Home : money
On this site
Dorfman - various filters
Dreman - some of his ideas
Graham - 10 attributes of an undervalued stock
Hyp - Stephen Bland's long-term high-yield strategy
Magic - Magic Formula Investing
Neff - total return compared to PE
O'Shaughnessey - filters from 'What Worked On Wall Street'
Pyad - PE, Yield, Assets, Dividend
Pyad26 - Big cap, increasing dividends, high yield
slater - a growth screen
Stingy - a collection of Graham-esque filters from the Stingy Investor website
Blog of selection criteria
24-Nov-2010 Current selection criteria favours MFI (Magic Formula 2) link
Filters devised by me
08-Jul-2012 Simple idea for selecting a universe of growth shares: PER < 18, ROE ≥ 15, z-score ≥ 3, Yield_Rolling > 1, Turnover_Growth_3Yr ≥ 33 (corresponding to 10% pa revenue growth over 3 years)
22-Aug-2012 Select reasonably-priced companies with good ROE and dividends at least doubled over last decade: MarketCap > 50, Div_Growth_10Yr ≥ 100, ROE_10Yr ≥ 15, EV_EBITDA ≤ 8 . A fair list is presented. Use personal subset like int cover, gearing, z-score, yield and negative RSI, monotonically increasing dividend and EPS, low beta, for example.
MC03 06-Sep-2012 Based on Ben Graham ideas. EPS at least doubled over a decade. At most two falls in EPS that are ≥ 5%. Rank by EV/EBITDA ascending. Weed out any junk.
Links to external sites
Halifax - Simple, quick, and free; but rather limited. Check out the full filter for something a little more sophisticated.
Interactive Investor - inferior to Halifax
Investors Chronicle - a good one, allowing you specify many cireteria. Maybe it has the same engine as the Financial Times screener??
MSN Stock Screener - possibly the most useless stock screener imaginable
StockScreen123 - it cannot be used to screen for UK stocks, but it lists many pre-defined screens (Piotroski, Buffett, Graham, Lynch, etc.), their criteria, and their results over a number of periods. The criteria seem to be weighted in some unspecified way, though.
TD Waterhouse - inferior to Halifax
F958B - "Method E" gave exceptional outperformance with any portfolio size and any time period. The selection process: Select only the non-cyclicals from the FSTE. Rand by yield. Select the 10 highest yielders. He concluded that non-cyclicals need less portfolio diversification, were more resilient, more predictable, whiclst the highest-yielding cyclicals are likely to underperform.
Hidden champions - screen devised by Gannon on 23-Mar-2012.
Hunting for growth - my write-up on 17-Mar-2012 that seemed to do quite well: look for ROE at least 15% and revenue growth at least 10%, and a decent balance sheet. The followup seemed pretty good.
Jimmy Chuoung - my write-up on what to look for
Why I don't diversify a couple of screens devised by Ganno on 28-Mar-2012.
AAII - Performance history of various screens at the American Association of Individual Investors
piotroski - 1998-2012 showed a performance of nearly 13% for the top decile, as opposed to about 8% for the median
Author: Mark Carter