This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
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This item downloads a measure for U.S. stocks that tells you how likely a company is to achieve its financial goals.
Quantitative research based on public companies financial statements is conducted in order to grade each stock on its ability to achieve the most important goal, which is to maximize returns for its shareholders. The research is fundamental and it is based on measures such as sales, expenses, cash flow and income.
The grade over time of the last two years is downloaded by this item. The data is stored in a custom database "stockgrade". It is an historical database that has only two fields: Date and Grade.
To plot the grade of a stock over time in a chart:
a = GetData('stockgrade', 'grade', LastData);
Plot(a, "grade", colorBlack, chartLine, StyleSymbolNone);
Here is a trading strategy that buys a stock when its grade increases by more than 5%:
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.