In this article, we’ll guide you through creating a simple stock screen using sharpely’s Basic Builder. By the end, you’ll know how to spot good-quality businesses available at reasonable valuations.
Ready? Let’s dive in!
The first step is to decide where you want to run your screen. Do you want to filter all the stocks or focus on a specific group?
sharpely offers you three easy ways to define your universe:
💡 Pro Tip: Pick the one that aligns with your investment strategy. Check out the screenshot for a quick visual guide!
[Note: In sharpely, you can filter the selected universe based on financial reports for more precise results.]
For our example, we’ll use Nifty 500 as our universe.
Now comes the fun part—defining your screening criteria!
Click on “Add Rule” to open the selection window.
Once you click on that you will see the selection window as shown below. On the left-hand side, you’ll see options like metrics, indicators, chart patterns, and functions.
[Need something specific? Use the search bar at the top right to find it in seconds.]
Let’s add our first rule:
We’ll select Market Cap, choose greater than, and type 1500 in the box. [Note: We explain each metric briefly at the bottom of the pane, so you’re never left guessing.]
Once done, click Add Rule, and voilà! Your rule will appear in the builder.
Next, let’s add more rules in the same way:
[Want to combine rules differently? Toggle between “And”/“Or” to customize your conditions.]
Ready to see your filtered stocks? Click Run and let sharpely do the magic!
In our example, 88 stocks were filtered after selecting a stock universe. But in sharpely, we don’t stop there!
You can access Factor Maps by clicking the second button (in the red box) to analyze stocks further. You can toggle between the three options as seen in the yellow boxes above We use factor scores to provide a clear visual of stock performance. (We have discussed factor scores in an article here.)
Here’s what else you can access apart from the factor maps:
Want to dig deeper into specific metrics? sharpely lets you customize your view:
This feature is perfect for comparing stocks using metrics that matter most to you.
Based on our filtering rules, 88 stocks were screened. The next step is to focus on the best ones. After all, as a retail investor, you can’t invest in every stock!
sharpely’s Sort and Limit feature makes this super easy.
Here’s how you can use it:
Click Run again, and your refined list of 15 stocks is ready!
And that’s it!
You can now create a focused, high-quality stock screen using sharpely’s Basic Builder.
In the next article, we’ll take it up a notch by exploring how to use the Advance Builder to create even more detailed screens.
Stay tuned and happy investing!
