Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI
Shrewd'm.com Merry shrewd investors
Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI


Investment Strategies / Mechanical Investing
Unthreaded | Threaded | Whole Thread (28) |
Author: RAMc   😊 😞
Number: of 3958 
Subject: Re: Hope for GTR1?
Date: 04/22/2023 11:02 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
Elan - I screen for Market cap top 1700.
Instead of ROE>18, I screen for ROE top 500.


I haven't used radiscreen for more than 10 years but this might be what you want. At least it runs in Runradis.
Define {ROE_Cash}
Uses [SI Equity (common) Q1] [SI Net income 12m] [SI Price/FCFPS] [SI Sector] [SI Long-term debt Q1] [SI Short-term debt Q1] [SI Cash Q1] [SI Short-Term Investments Q1]
Deblank [SI Equity (common) Q1] [SI Net income 12m] [SI Price/FCFPS] [SI Sector]
Sort Descending [SI Market Cap Q1]
Top :1700 plusTies
Keep :[SI Sector]<>"07-Financial"
Keep :[SI Sector]<>"55 - Financials"
Keep :[SI Price/FCFPS]>0
Keep :[SI CASH Q1] > 0
keep :[SI Equity (common) Q1] > 0
Create [ROE] :100*[SI Net income 12m]/[SI Equity (common) Q1]
Sort Descending [ROE]
Top :500 PlusTies
Create [CashMinusDebt] :[SI Cash Q1]+[SI Short-Term Investments Q1]-[SI Short-term debt Q1]-[SI Long-term debt Q1]
Sort Descending [CashMinusDebt]
End

Last weeks picks (I haven't loaded this weeks yet)
GOOGL MSFT TSM PDD TSLA BNTX EQNR CSCO VRTX MRNA ABNB COST ACN BPOP MOH

I can't run this version on my backtester so I would run a GTR1 backtest using only *.s factors to verify before having any confidence.
RAM
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (28) |


Announcements
Mechanical Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of MI | Best Of | Favourites & Replies | All Boards | Followed Shrewds