Scott's Investm...'s  Instablog

Scott's Investments
Send Message
I am an independent investor writing at Scott's Investments ( My site is dedicated to discussing and publicly tracking historically successful investments strategies and sharing free investment resources. I emphasize empirical, historical, and quantitative... More
My company:
Scott's Investments / Stock Loon LLC
My blog:
Scott's Investments
  • Creating Your Own Stock Ranking System (Update) 3 comments
    Jan 28, 2011 10:28 AM | about stocks: ASYS, CBPO, CHBT, GTAA, ACTA, KLIC, NCTN, RAS, SPY, THC, VBR
    In December I wrote an article (here) detailing how to create your own stock ranking system using Excel (or Open Office) and a free data source such as Finviz.

    I used one fundamental factor, Price to Earnings Growth ratio (NYSE:PEG), and two technical factors, 1 and 3 month returns, to rank all available stocks which trade at least 50k shares per day and a price over $1.  For fun, I decided to track the returns of the top stocks on this list on the right hand side of the blog in the spreadsheet titled "Example of a Stock Ranking System". 

    Below are the returns of the top 10 stocks in the list.  The top 10 returned an average of 13.62%, the top 50 10.68%, and the top 100 8.14%.  Not too shabby!  I have also include returns for some popular ETFs over the same period.  All returns excludes dividends, commissions, and taxes and are strictly hypothetical.

    Question for readers: Any requests on a system to try and track for the next month or so? Keep it relatively simple, using data available on the Finviz screener page.

    Symbol Company   12/20/10 Open 1/27/11 Close Return
    RAS RAIT Financial Trust Stock Picks 2.22 2.73 22.97%
    THC Tenet Healthcare Corp. Stock Picks 6.66 6.74 1.20%
    CBPO China Biologic Products, Inc. Stock Picks 15.91 16.05 0.88%
    CHBT China-Biotics, Inc. Stock Picks 14.18 14.47 2.05%
    ASYS Amtech Systems Inc. Stock Picks 24.69 26.75 8.34%
    NCT Newcastle Investment Corp. Stock Picks 5.81 7.05 21.34%
    KLIC Kulicke & Soffa Industries Inc. Stock Picks 7.45 9.98 33.96%
    ARIA Ariad Pharmaceuticals Inc. Stock Picks 4.62 6.63 43.51%
    NOR Noranda Aluminum Holding Corp. Stock Picks 12.7 14.45 13.78%
    ICGE Internet Capital Group Inc. Stock Picks 13.83 12.2 -11.79%

    System ETFs
    Top 10 Avg: SPY
    13.62% 4.29%
    Top 50 Avg: VBR
    10.68% 1.77%
    Top 100 Avg: GTAA
    8.14% 2.15%
Back To Scott's Investments' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (3)
Track new comments
  • Zach Tripp
    , contributor
    Comments (485) | Send Message
    Does Finviz have enough data to screen out Piotroski scores of 7-8? It would be interesting to apply the momentum metric (1-month and 3-month performance) to high Piotroski scored small cap stocks.


    By the way, great post! Will you keep track of this stocks for a longer period of time, say 1 year? Is there any rebalancing? Like running the screen every 6 months, selling stocks that fell out and adding stocks that are new?
    1 Feb 2011, 08:35 PM Reply Like
  • Scott's Investments
    , contributor
    Comments (180) | Send Message
    Author’s reply » For fun I am tracking the results of the screen on my site with no re-balancing. We'll see how it goes, it is on the right hand side of Scott's Investments titled "Example of a Stock Ranking System". I may expand to different lists as time permits. Since beginning in December the top 10 are up 14+%. I don't believe Finviz has sufficient data for a Piotroski screen, Stockscreen123 has a Piotroski screen available (among others) for a monthly membership
    1 Feb 2011, 10:03 PM Reply Like
  • Zach Tripp
    , contributor
    Comments (485) | Send Message
    Thanks. I checked out your blog, lots of great info.
    2 Feb 2011, 04:57 PM Reply Like
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.