Practical Stock ScreenerStock Screener??!! The truth may be somewhere in between - my educated guess is, a whole lot (of the effectiveness of a screen) depends on how well it is crafted -with clearly defined objectives and well-chosen primary and secondary criteria. In case you’re not familiar with the term, stock screeners are programs available on financial sites that you can use to search the entire market for stocks meeting your particular requirements. Latest results of over a hundred pre-defined screens for Indian stock market.
Screening lets us apply quantitative criteria to the broad universe of stocks in order to narrow the list down to a few companies. It allows us to focus our attention on a smaller but more promising group of stocks. The experts view this effectively as a multi-stage process of defining clear objectives, crafting primary screening criteria and refining for effectiveness with secondary or conditioning criteria. My experience with screening as a investing newbie has been rewarding. I discovered a few solid stocks like Wyeth and Opto Circuits after some 3-4 months of reading up/experimenting with effective screening criteria. I wholeheartedly recommend diligent screening as a MUST DO for investing newbies. A pleasant upshot is, you will start becoming more familiar with numbers -that matter!
Latest results of over a hundred pre-defined screens for Indian stock market. You will need to request for a ValuePIckr UserID/Pwd as this is a Limited Alpha service currently Return from Stock Screener to Stock Market for Beginners
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