solana314 3 posts msg #82595 - Ignore solana314 |
11/6/2009 1:49:08 PM
I would like to find a way to assign stocks a fundamental score based on PE Ratio, Return on Equity, etc using stockfetcher. Has anyone created a scan to do this? I trade mostly on technicals, but would like to look at a fundamental score before entering trades to factor that in also. Or add a list of top fundamental stocks to a watchlist and apply my technical scans to those watchlists, but I would rather not pay for a service such as IBD. I found a free service at MSN called StockScouter which I could use. http://moneycentral.msn.com/investor/StockRating/srstopstocksresults.aspx?sco=10.
Does anyone have any other suggestions of free websites or a stockfetcher scan they use to give stocks an overall score based on fundamentals?
|
luc1grunt 622 posts msg #82596 - Ignore luc1grunt |
11/6/2009 1:53:31 PM
try using finviz as a primary fundie screen and then SF for any specific TA needs/backtesting.
|
solana314 3 posts msg #82598 - Ignore solana314 |
11/6/2009 2:13:28 PM
Thanks the finviz.com site is very helpful for fundamentals.
|
chetron 2,817 posts msg #82600 - Ignore chetron |
11/6/2009 3:05:43 PM
WHICH FUNDIES ARE IMPORTANT TO YOU?
|
solana314 3 posts msg #82602 - Ignore solana314 |
11/6/2009 3:59:22 PM
I am no expert on fundamentals. I was looking to create a scan saying if PE ratio is between these values then give it a value of 1, if debt to equity is less than this value then give it a value of 1. Then sum up the individual score to give it a total fundamental score. I guess I understood my fundmentals better then I might be able to create such a query. Here are some examples of how other sites have a overall fundamental score for the stock. I think it would be useful if stockfetcher could do something similar. These sites charge $40+/month.
http://www.investools.com/tradingTools/freeStocks.swim
http://www.edutradersoftware.com/images/FundScore.jpg
|
chetron 2,817 posts msg #82604 - Ignore chetron |
11/6/2009 4:39:21 PM
MAYBE...
|
durgin 60 posts msg #82730 - Ignore durgin |
11/9/2009 10:36:33 PM
The P/E data do not appear to be up-to-date -- looks like more than a year old.
|