Category: Fundamental Screeners
This screen filters stocks with a high percentage of Strong Buy Rating from analysts along with a condition that there’s at least a 30% upside to the given target price. Let’s check out the conditions used to create this screen.
We can see there are three conditions used here:
Once we hit the ‘Run’ button we see 7 stocks qualify for these conditions.
We’ll now explore how the screen fared against the benchmark index.
This time we’ll also look into the performance summary.
As we can see, the screen didn’t just post great cumulative returns…You can clone this strategy, and you'll see in rough periods, it didn’t fall that much either…with Max Drawdown almost similar to the index.
You can do a deeper analysis into a screen you like, as we always encourage our users to not follow any screener blindly. (even if it was from an expert.)