Undervalued Stocks - Custom Value Factor

Beskrivning

This screen selects the most undervalued stocks by using a custom blended Value factor. It demonstrates how to use the rankPercentile() function to select stocks that are in the top quartile/decile, etc of the selection universe, and how a custom factor can be created from rankings of financial metrics..

Regler

country in (US, CA, GB, AU, JP, HK);
exchange != OTC;

/*
 * Eliminate all stocks not in top 25% of two value metrics.
 */
rankPercentile(EBitToEv) > 75;
rankPercentile(BookToMarket) > 75;

/*
 * my Value score is the average of the percentile ranks of my two 
 * favorite valuation measures
 */
let myValueFactor = (rankPercentile(BookToMarket) + rankPercentile(EBitToEv)) / 2;
myValueFactor > 75;

Prestanda