Loading Preset FiltersPreset Filters are grouped under 2 main categories: (a) Growth Filters and (b) Value Filters.
We chose those particular categories to classify preset filters to keep consistent with the existing stock-screening methodology, which is broadly used today by private investors and professionals/academics. To summarize, Value filtering focuses on price-multiples, earnings and dividend yields in an attempt to identify profitable companies that are misspriced due to an overreaction of the market. On the other hand, Growth filters look at price, sales and earning growth rates and try to discover profitable and rapidly growing companies with strong price momentum.
For example, let us assume you select the preset filter of "Growth Essentials".
By clicking on a preset (either on the title, or on the 'Click here' prompt) you are directed to the core-page of FilterX.
What can you see here?
Starting from the top, you see the following:
The control-desk contains all the filtering criteria of the tool (see Breakdown of Filtering Criteria) listed in 3 drop-down menus.
- The control-desk of variables (3 drop-down menus)
- The monitor of a filter (title and formula)
- The panel of results (table of companies)
On the filter's monitor area you see the title of the filter currently in view - in this case, "Growth Essentials" - and by clicking on the 'More' information text placed next to it, a pop-up description of the filter in question will appear. Just below the title you can see its formula, where it explicitly states the constrained variables (in blue print), which have been used to create this filter.
Further down you can see the panel of results, containing all the companies that qualified for the "Growth Essentials" filter.