No. of Recommendations: 7
Elann and RAMc, If you can give me a Radiscript definition for that screen, I should be able to get the picks by using either Radiscreen or the program I wrote called Screen Picks
Here is boris's version he posted on 7/13/20 except using SP500 & 600. Reviewing boris's post I just noticed that from way on back I had played with several versions of the final sort. For a while the preferred sort was (cash-debt)/market_cap which is what I posted. But boris's version dropped the market cap devisor.
I should have looked at the version I have been using because I wasn't dividing by market cap.
The good news, I just backtested the screen w/o a market cap divisor. Much Improved:
ROE_CASH 2013-10-01 thru 2023-04-14 Top 15 tilldrop 20 period 21 days slipRndTrp 0.70% ,
Dividends True , CashForNoPicks True
2013-10-01 start CAGR Fri 20.6% UlcrIndx 8.1%
2013-10-08 start CAGR Fri 18.8% UlcrIndx 7.6%
2013-10-15 start CAGR Fri 18.2% UlcrIndx 7.6%
2013-10-22 start CAGR Fri 20.3% UlcrIndx 8.1%
GSD 22.9% CAGR/GSD 0.9 MxDD 28.0% AT 141%
5.96 X accumulated with 201 Buys, 2475 Holds and 100.0% Avg Invested
Delayed trading till Monday using an average of O,(H/L)/2,C gave an 1.0003 within the noise advantage.
Define {ROE_Cash}
Uses [SI Equity (common) Q1] [SI Net income 12m] [SI Price/FCFPS] [SI Sector] [SI Long-term debt Q1] [SI Short-term debt Q1] [SI Cash Q1] [SI Short-Term Investments Q1]
Deblank [SI Equity (common) Q1] [SI Net income 12m] [SI Price/FCFPS] [SI Sector]
Keep :OR ([SI Standard and Poor stock] = "500",[SI Standard and Poor stock] = "400")
Keep :[SI Sector]<>"07-Financial"
Keep :[SI Sector]<>"55 - Financials"
Keep :[SI Price/FCFPS]>0
Keep :[SI CASH Q1] > 0
keep :[SI Equity (common) Q1] > 0
Create [ROE] :100*[SI Net income 12m]/[SI Equity (common) Q1]
Keep :[ROE]>18
Create [CashMinusDebt] :[SI Cash Q1]+[SI Short-Term Investments Q1]-[SI Short-term debt Q1]-[SI Long-term debt Q1]
Sort Descending [CashMinusDebt]
End
Friday's Picks GOOGL MSFT META TSLA CSCO CFR VRTX MRNA COST ACN ZION MOH REGN CMA ANET
RAMc
