Post #3811 by Pandrea on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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The final sort is: Price * SharesOutstanding / float.s

definitions:
Mcap = Price * SharesOutstanding
pctFloat = float.s / SharesOutstanding
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So, as I understand it now, my process to approximate the SIPRO Liquid_Cons screen (without SIPRO access) is thus:
1) Run the SP500 Mo Lowprice screen on GTR1 to get approximately the same unsorted picks: https://gtr1.net/2013/?~SP500_Mo_LowPrice::sp500.a...
2) Then obtain the following data from BarChart.com for each pick: Pct Float, Price, Shares Outstanding
3) Calculate float.s: pctFloat * SharesOutstanding
4) Calculate the final sort values: (Price * SharesOutstanding)/float.s
5) Pick the lowest 5 such values

I'm almost afraid to ask if I finally have this right... (and fully expect to have misunderstood something).

Once again, my sincere thanks.

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