Quality Screen

4 Jun 2021

An attempt to show fundamental stats which describes quality of the stock. Following parameters are depicted:

SOLVENCY
DEBT_TO_EQUITY

• Very Good : 0 - 1
  
• Good : 1 - 2
  
• High risk : > 2
  

DEBT_TO_ASSET

• Very Good : < 0.4
  
• Good : 0.4 - 0.6
  
• High Risk : > 0.6
  

LONG_TERM_DEBT_TO_ASSETS

• Very Good : < 0.4
  
• Good : 0.4 - 0.6
  
• High Risk : > 0.6
  

ALTMAN_Z_SCORE

• Very good: > 3
  
• Good : 1.8 - 3
  
• High Risk : < 1.8
  

SPRINGATE_SCORE

• High Risk : < 0.862
  

LIQUIDITY

CURRENT_RATIO

• Very Good : 1.2 - 2
  
• Good : 2+ (Too high and Inefficient)
  
• High Risk : < 1
  

QUICK_RATIO

• Very Good : 1 - 2
  
• Good : 2+ (Too high and Inefficient)
  
• High Risk : < 0.9
  

SLOAN_RATIO

• Very Good: -10% to +10%
  
• Good : -25% to -10% or +10% to +25%
  
• High Risk: < -25% or > +25%
  

PROFITABILITY
RETURN_ON_ASSETS

• Healthy : > 5%
  
• Great : > 20%
  

RETURN_ON_EQUITY

• Healthy : 10%
  
• Great : > 40%
  

RETURN_ON_INVESTED_CAPITAL

• Healthy : > 2%
  
• Great : > 10%
  

5 Jun 2021

Nota Keluaran

Added:

LIQUIDITY

INTEREST_COVER

• Very Good : > 3
  
• Good : > 2
  
• High Risk < 2
  

MARGIN:
NET_MARGIN

• Very Good : > 20
  
• Good : > 10
  
• High Risk < 5
  

FREE_CASH_FLOW_MARGIN

• Very Good : > 15
  
• Good : > 10
  

6 Jun 2021

Nota Keluaran

Added

PIOTROSKI_F_SCORE
https://www.investopedia.com/terms/p/piotroski-score.asp

Found this to be one of the greatest summariser of quality

Very Good: 8-9
Good: 5-7
Risky : 2
High Risk: 1

SUSTAINABLE_GROWTH_RATE
https://www.investopedia.com/terms/s/sustainablegrowthrate.asp

Very Good: 10+%
Good: 5%+
Risky: 0 to -5%
High Risk: Below -5%

May update better threshold for SGR later.

9 Jun 2021

Nota Keluaran

Few updates:

• Handling null values for last three parameters - which was missing.
  
• Condition to show stats only for syminfo.type == "stock" removed as some stocks such as BABA does not have type set to "stock"
  
• Added options to select where the table needs to be placed in the screen. Refer screenshots below:
  

Bottom right position which is default:
https://s3.tradingview.com/snapshots/b/bZaPrx4D.png

Middle left:
https://s3.tradingview.com/snapshots/e/Em0iM6qs.png

Top Center:
https://s3.tradingview.com/snapshots/d/dwaczkpy.png

25 Ogo 2021

Nota Keluaran

Added option to set text size