What fundamentals have you found most useful in stock selection?

C

cashonly

Bright Trading, LLC
What fundamentals have you found most useful in stock selection?

Looking for ratio'd fundamentals like
P/E ?
P/S ?
Debt/Equity ?
Cash/Equity ?
Debt/Gross Income ?
Debt/Net Income ?
Debt/Asset ?

Others?

TIA,

Cash
 
RS (percentile)
EPS (percentile)
instituional ownership (minimum #)
range of float (min and max)
Price value (Min and max)
Minimum daily volume
US stock

I hold list size to 100 to 125.

I use an Initial Analysis Sheet as well. This determines the TA suitability.

The trading stratgy is a one pager with five rules. See attached.

For the quality, Worden tested the criterial on the NAZ 100 and got a Sharpe of 60+
 
Quote from jack hershey:

RS (percentile)
EPS (percentile)
instituional ownership (minimum #)
range of float (min and max)
Price value (Min and max)
Minimum daily volume
US stock

I hold list size to 100 to 125.

I use an Initial Analysis Sheet as well. This determines the TA suitability.

The trading stratgy is a one pager with five rules. See attached.

For the quality, Worden tested the criterial on the NAZ 100 and got a Sharpe of 60+
More...

Thanks Jack,

In terms of your percentile RS and EPS values, is that in relation to your list, the industry for the stock, or all stocks in the market?
 
Quote from cashonly:

Thanks Jack,

In terms of your percentile RS and EPS values, is that in relation to your list, the industry for the stock, or all stocks in the market?
More...

I begin with all US stocks (about 15,000).

Since I want quality (this means reliable by public standards) I use RS and EPS. Nominally the top 20% (80th percentile and up) provide this.

The float is to give me volatility in price. Too manny shares outstanding and the market has no volatility. I like a minimum of 20% in the channel and I take 10% each 4 to 6 day long trend.

Institutional holdings help too on the volatility. Financial planners are buy and hold type advisors to institutions.

I use this seven part filter to get a list.

I stack the stocks according to how I score cycles. Volume is the differentiator. (see attached.) The list has 7's, 0's, and 1's

I buy when the score goes from 0 to 7 and sell when the score goes from 4 to 3. The hold is 7,6,5,4 (which is my phone number as you would guess.)

When a new stock appears on the list; it is vetted with an Initial Analysis Sheet. This is TA and not fundamental analysis as is the filtering. All of this is explained in an illustrated transcript of a video (cantasia) entitleD: "Putting the Pieces Together". (It can be googled it is too big (135 pages) for ET)
 

Attachments

Sales & Earnings growth, toll booth product, sector performance, any new contracts awarded (recent or upcoming), displacements
 
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