No. of Recommendations: 2
The final sort is: Price * SharesOutstanding / float.s
definitions:
Mcap = Price * SharesOutstanding
pctFloat = float.s / SharesOutstanding---
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 * SharesOutstanding4) Calculate the final sort values:
(Price * SharesOutstanding)/float.s5) 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.
