Screens Explained

Uncle Stock can be used for an hughe amount of screens. Before creating your own screens, it can be useful to take a look at stock screens explained by someone else. This page gives an overview of some popular screens explained. The Articles could also give some understanding in how to use Uncle Stock optimally.

  1. Piotroski Value Investing – Uncle Stock –
    This is an article written by StockScreening101 where the Uncle Stock tool is used to do some Piotroski screens. It starts by explaining our basic build-in Piotroski screen and discussing the results. Afterwards it tries some variations in an attempt to improve performance. The article does this by setting extra filters on Price/book value, Gross Profit/EV or Free Cash Flow/EV, dividend yield and PEGY. With the PEGY filter, the article finds a screen that results in a backtested return of 19 percent on US stocks. The best screen is than extrapolated towards other countries, and it continious to work very well.
  2. Tiny Titans Screen – using Uncle Stock Screener –
    This article is similar to the same one. It is also written by StockScreening101 and here Uncle Stock is used to explain a Tiny Titans Screen. It start by explaining how to create such a screen. Afterwards, the results are backtested and multiple variations are made through adaption the ratios and the countries. The screens outperform the market, but the results also show an increased volatilty. The Tiny Titan stock picks outperform the market when everything is going well, but in a crash like the year 2008 they go down very strong.
  3. How would Peter Lynch use Uncle Stock?
    What if Peter Lynch would use Uncle Stock? How would he use it? The article explains how Peter Lynch would use a stock screener. It combines the vision from the the ex Fidelity manager of buying what you personally know with his quantitive contributions investing. The article also shows some Lynch based screening methods that are already in Uncle Stock. For example, his screens are looking for a minimum of institutional investors, a low PEGY and Price/Interinsic Value ratio. The Lynch based screen does not give a high return, but the article argues that the screen is just a part of his investment strategy and only works if combined with specific domain knowledge.