It might be me but all the contact buttons seem to be disabled on the site and I would like to ask a question of the advice team. If anyone else can help it would be appreciated.
Question: If you want to screen out high volatility what integer would you use? The glossary says it is screenable with 0 highest and 100 lowest but having checked various results I am still unsure of the accuracy I am tempted to guess that anything above 25 would be acceptable but !!!!
Retired but still an active investor
The 0 - highest 100 - lowest information only applies to the rank (if you use the "rankings" version of a new rule.)
Annualised volatility itself runs from 0 to infinity in theory, with typical range being about 10 (very low) to over 60 (very high).
Thanks Nick what I need to do is screen the software and inormation that is available in other words use what Stocko provides. The Glossary states it ranks 0 to 100 and 100 is lowest and 0 the highest volatility, clearly that is graduated so in theory 50 should be the median, but is it? If it isn't we need to know what integer is, or better still what qualifies as "high volatility", then we can screen out anything below that number. Where is the help desk when you need it? I will give them another try and report back if I get anywhere.
Ken
I've created an example of three rules to screen volatility here
https://www.stockopedia.com/screens/volatility-experiment-565293/
The rule which is currently turned on is screening by rank and looking for all stocks with below-50 (median) volatility.
The rule above it just screens for a particular value.
The rule below it screens by "Risk Rating" which is a fancy way of screening by particular quantiles - but I can't recall exactly where the breaks are.
Median is approx 44 (UK - screened for <1.01 x median, >0.99 x median). So the top 3 risk ratings currently approximate <= median.
Would love access to more stats ...
HM My stats sheet comes from reading "How to pick quality shares" by Phil Oakley strongly recommend it. It looks like this and took a couple of years to develop it is prettier than the way it has reproduced here but you'll get the idea .
Quality and Momentum Share Analysis
Name Risk Date
Epic Mkt Date Mkt Cap Debt/ Cash F/ Flt
Fundamentals Momentum SR SP PE
14 15—15---17 61/ 14 15-- 16 17 62/
D MF FB FV D ML M2 MC
Price Bought Spread HISTORY Date SR SP PE
Car Value PE/ 21/ Price/Nav 8.5/ Price/FCF 28/ EBIT Yld 7/ Beta
Next Reporting or Dividend Date.
What does it do Where does it do it
News.
Key Data Quality Safety Value Div Yield
Fundamentals
GRAPH ANALYSIS – Best place to buy and why.
I did set up a Phil Oakley screen, however, it screened everything out. It did convince me that it is difficult to get everything and that the quality rank is a good compromise for requiring most, if not all criteria. These days I always add volatility < median to my screens. Personally I find it makes things much less exciting and more systematic as a result.
