The Decent Value Stocks screen is a Fundamental (FA) screen which will filter for stocks with a good fundamental valuation, while still showing decent profitability, health and growth.
The analyzer module introduced
A description of the ChartMill Fundamental ratings for growth, valuation, health, profitability and dividend.
A description of the fundamental filters related to valuation, like price/earnings, price/book, peg ratio
Simply put, the value investor specifically looks for companies whose market value (stock price) is lower than their current intrinsic value.
In this video, I use the stock screener to arrive at a basic list of high-quality value stocks of interest to value investors.
In this video you will learn: How to use ChartMill to find financially sound growth, value or dividend stocks using the predefined ChartMill Fundamental ratings And then use the technical screening capabilities to focus on stocks whose price currently coincides with a key technical price level, either support or resistance levels. The beauty of this is that we start from a fundamental perspective by first filtering on the basis of specific fundamental criteria. Within that selection, we then look specifically for price technical characteristics. In this way we combine fundamental with technical analysis.
A minimum volume to avoid less liquid stocks
A ChartMill Fundamental Growth Rating of at least 4, which means the stocks is at least growing a bit.
A ChartMill Fundamental Profitability Rating of at least 5, which means the stock has decent profitability statistics.
A ChartMill Fundamental Valuation Rating of at least 7, which means the stocks is undervalued.
A minimum price
A ChartMill Fundamental Health Rating of at least 5, which means the stock has decent financial health.