How to use your own filters to screen stocks?
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- Updated On:20-Aug-2021
- Replies:1
Short Answer
Screenr is a stock analytics platform that is useful to conduct detailed fundamental analysis and of stocks. You can use the pre-existing screens on the platform or create your own to filter stocks. You can easily follow some simple steps to create your own screens for filtering stocks.
Detailed Answer
How to use Screener?
Screener. in is a stock screening and fundamental analysis platform using which you can analyze any stock. There are many tools and features and tools available on the platform for you to use.
Primarily Screener offers two ways to filter stocks. They include using the *existing screens *on the platform and creating your own screens to filter stocks. You can create any type of filter to scan stocks from certain sectors and as per your parameters.
How to use your own filters to screen stocks?
Now that you know, you can create your own screens on Screener to filter stocks, lets see how to use your screen.
Firstly it is important to create a Screener including all the parameters that you require in a particular stock. For example, if you want to find a stock that is delivering good quarter-on-quarter results and maintains good potential from the IT space, you will have to do the following steps.
- Go to the ‘screen' section on the platform, after that in the right-hand section of the interface, you will find all the sectors listed there. Scroll down and choose ‘IT’.
- Once you select your sector, all the stocks will line up from the IT sector in a separate space with individual columns. Each column contains a value of the company’s financials.
- Clicking on the heading of each column you can alter the order of the numerals from ascending to descending. In this way, you can look at companies that have higher or lower metrics.
- To edit the columns click on the ‘Edit Columns' on the top right corner of the screen and post that you can select your required metrics as columns
- You can also change the columns with your own parameter. For example, you can change the ‘Sales’ column to ‘PE’ or any other as per your need. You can add up to a total of 15 columns in the free version of Screener.
Conclusion
In the following way, you can use your own filters to screens stocks from any sector or any industry using your own parameters. Screener allows you to add up to 15 columns and set alerts on 2 stocks that your want to track on a regular basis. To avail more features you can subscribe to the Premium plan offered by Screenr.in
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Discussion (0)
Screener is a stock screening and fundamental analysis platform using which you can filter stocks according to any parameters. You can choose any screen from the numerous screens present on the platform or create your own filter or screen to filter out stocks as per your parameters. You can create your own screen by following some simple steps.
Undertaking fundamental analysis and proper research is essential before investing in any particular stock. Apart from this, you should also consider asking seven key questions like 'What does the company do', 'How is it placed among its peers', 'How is the management of the company', etc before investing in it.
Screener offers a set of pre-existing filters or screens which you can use to filter stocks. It also provides the feature to create your own screen to filter out stocks with your own defined parameters. Using both of these features you can find undervalued stocks by adding certain parameters such as PE, RoCE, etc
To find good companies out of the thousand companies listen on the Indian stock exchange, you can filter stocks on the basis of certain parameters such as Market cap, Debt to Equity, Dividend payouts, Revenue and Profits growth, etc. You can easily use an online stock screener to find out these stocks.
Screener is a stock screening and technical analysis platform that can be used to filter stocks from the Indian stock markets. Screener is a useful platform as it has many tools and features that you can use to find the best stocks according to your parameters. Know about the features and tools in detail here.
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