Market screeners are real time market scanners that will give you new trading opportunities. Market screeners are helpful in identifying the best potential stocks. Scanning markets will help traders narrow down their research for potentially good stocks. Market screeners will help you identify stocks that might get you good returns but it won’t provide you details regarding company or their management. Let’s see basic fundamental market screeners.
Stock screening or scanning is the process of identifying stocks that are better based on certain criteria. These potential stocks will be helpful while making an investment decision. Correct investment decision is the only way to move forward with your investments. Traders choose fundamental or technical screeners depending on their requirement. Let’s see fundamental market screeners you should know in detail.
Remember market screeners won’t help you in predicting movements of stocks. It only helps in identifying stocks that are potentially good. Traders have the opportunity to compare these stocks with their peers. Market screeners will help you make accurate buy/ sell decisions.
Fundamental Market Screeners
One of the basic market screeners available in Indian stock market. It will help you determine potentially good stocks that will affect your returns. Moneyworks4me filter uses three colors to indicate stocks that are greed, red and yellow. With moneyworks4me filter you can select stocks depending on sectors or index.
- If stocks are good it will be displayed in green.
- If stocks are in Yellow it is considered as ok.
- If stocks displayed in red it is considered as No good.
Here is a list of stocks scanned using market screener are.
One of the largest companies that offer ETF screener to analyze the markets. These screeners will help traders sort out potentially good stocks. The capital cube provides one of the largest market scanners that will help you analyze fundamentals about stocks. Capital Cube will help you analyze different stocks globally. Here are the snapshots of market screener. First you need to select which stocks you want to scan and find it leverage and inverse values.
Example: Let’s see the example of Indian equity market. where we see the stats related to State Bank India (example). In first tab select asset, second field select whether its a Global stock or US based stock and enter the name or ticker name to find the inverse and leverage.
These are the two fundamental market screeners you should know. Use these market screeners to you advantage and find potentially good stocks and get good returns.