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Stock Screeners!

Investment discussion for beginners. Why you should invest your money, get help getting started
TheMotorcycleBoy
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Stock Screeners!

#166595

Postby TheMotorcycleBoy » September 15th, 2018, 6:08 pm

Hi all, Mel here!............

I've been having a look at this screener: https://uk.investing.com/stock-screener/ and thought that to familiarise myself with using it, it would be a good idea to input figures of a known company (Dignity), and hopefully the results would include said company, only it hasn't! :o

I've only used 3 criteria (to keep things simple for now), which were P/E Ratio, Market Cap and Dividend Yield. All of the figures that I used were giving quite a wide margin around the actual company figures, also, I made sure to include all sectors, industries, exchanges etc.

Have I missed something obvious, or is the above screener not worth bothering with and if so, is there another free one that anyone recommends?

Thanks in advance,

Mel :)

Itsallaguess
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Re: Stock Screeners!

#166599

Postby Itsallaguess » September 15th, 2018, 6:19 pm

Melanie wrote:
Have I missed something obvious, or is the above screener not worth bothering with and if so, is there another free one that anyone recommends


The screener doesn't seem to be picking up it's own yield information.

If you just use a 'Price / Last' filter of 985p to 999p, it brings back Dignity as one of the four company results.

If you open the Dignity page in another tab, you can see it's own data for Yield is showing as 2.48% (https://tinyurl.com/y7ob6axh), and that's similar to the 2.5% currently showing on the DL page (https://tinyurl.com/yam23gou).

The problem with the screener is when you then add a second screen criteria of 'Yield', and leave the default yield range of 0.06 to 25.91 in, and you can see that all the results disappear from the screener.....

I think you get what you pay for with this one, unfortunately....

Cheers,

Itsallaguess

TheMotorcycleBoy
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Re: Stock Screeners!

#166609

Postby TheMotorcycleBoy » September 15th, 2018, 7:28 pm

Itsallaguess wrote:
I think you get what you pay for with this one, unfortunately....


Thanks for that, at least I wasn't staring at something blatantly obvious that I'd missed!

Any recommendations for a half decent free screener for UK markets, or does such a thing not really exist?

Thanks again,

Mel :)

Itsallaguess
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Re: Stock Screeners!

#166611

Postby Itsallaguess » September 15th, 2018, 7:40 pm

Melanie wrote:
Any recommendations for a half decent free screener for UK markets, or does such a thing not really exist?


I think we can get you something that's worth a look, and certainly better than your earlier link...

First option would likely be the free Digital Look screener, which you can find here - http://www.digitallook.com/dlmedia/investing/screening_tools/screener

The second option might be to have a play with the StepOne spreadsheet, that's updated very kindly by Kiloran each month, and can be found here - http://lemonfoolfinancialsoftware.weebly.com/stepone-ftse350.html

As with all free tools, do make sure to carry out adequate cross-referencing, back to source-material from companies themselves if necessary, before any investing commitment might be made...

Cheers,

Itsallaguess

TheMotorcycleBoy
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Re: Stock Screeners!

#166695

Postby TheMotorcycleBoy » September 16th, 2018, 12:23 pm

Itsallaguess wrote:
Melanie wrote:
Any recommendations for a half decent free screener for UK markets, or does such a thing not really exist?


I think we can get you something that's worth a look, and certainly better than your earlier link...

First option would likely be the free Digital Look screener, which you can find here - http://www.digitallook.com/dlmedia/investing/screening_tools/screener

The second option might be to have a play with the StepOne spreadsheet, that's updated very kindly by Kiloran each month, and can be found here - http://lemonfoolfinancialsoftware.weebly.com/stepone-ftse350.html

As with all free tools, do make sure to carry out adequate cross-referencing, back to source-material from companies themselves if necessary, before any investing commitment might be made...

Cheers,

Itsallaguess

Thanks for all this, Itsallaguess!

Mel also found these ones last night:

https://www.shareview.co.uk/4/Info/Port ... eener.aspx
http://tools.morningstar.co.uk/uk/inter ... fault.aspx

not sure exactly what people think of these 2 - I've not looked as yet, but I'm planning on taking a look later on today and perhaps trying to compare a couple of them.

I'm kinda regretting that we didn't look at these sort of tools from the first instance. I suppose we did dive into things, somewhat! Well you live and learn.

Matt (and Mel)

TheMotorcycleBoy
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Re: Stock Screeners!

#167267

Postby TheMotorcycleBoy » September 18th, 2018, 5:40 pm

Matt here...

I did just try out "Digital look" screener.

Itsallaguess posted a link to this earlier:

http://www.digitallook.com/dlmedia/inve ... s/screener

I can honestly say, that I can only report mixed levels of success, indeed I believe a lot of one's fortune stems from how one drives the web-forms.

When I tried following the breadcrumbs from the LHS, "Screening tools" -> Screener, then onto:
"Build your own screen using our key fields"
"Build your own screen using our full fundamental screener"

and fill in a few fields e.g.
markcap = 100m-10000m
pe=10-20
div yield=1-10%

and press "run screen", then panic and chaos reigns, and you are rudely informed on a red background "There are no companies that currently match all of your criteria. Please try broadening some of your criteria to find matching companies. For example, try making any maximum settings higher or minimum settings lower."

However, if you choose, again through as above this time select "Getting Started Create your first screen", fill in the 5 or so dummy criteria, then a screen of results is delivered this, and further you can drive the site by clicking "To refine your search criteria please click here" and enter the criteria that you wanted to use in the first instance, and the screen runs properly, and results are delivered.

M&M

doug2500
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Re: Stock Screeners!

#167270

Postby doug2500 » September 18th, 2018, 5:52 pm

Although I've moved on to a more expensive service I happily used Sharelockholmes for a few years.

https://www.sharelockholmes.com/

Although not free (and I have no experience of free screeners) it's not expensive and you can get a 7 day free trial.

TheMotorcycleBoy
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Re: Stock Screeners!

#167277

Postby TheMotorcycleBoy » September 18th, 2018, 6:18 pm

Yes I've just done a quick comparision just now of http://www.digitallook.com/cgi-bin/dlme ... reener.cgi and https://www.shareview.co.uk/4/Info/Port ... eener.aspx. And I'm afraid the data on the Equiniti ShareViewer is hopelessly out of date.

I did a screen that I knew would/should throw up Dignity (DTY) and Dairy Crest (DCG). Yes both are reported, and the DL one correctly reports todays' stock prices:

Dairy Crest Group 	466.40p
Dignity 1,015.00p

but the other one, is hilariously out of date:
DCG 	329.00
DTY 828.00

Obviously, you get what you pay for, or not, as the case maybe.

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Re: Stock Screeners!

#167409

Postby StepOne » September 19th, 2018, 10:33 am

I think you are right that you get what you pay for with these things.

Another one for you to try is Stockopedia https://www.stockopedia.com/. It's not cheap but they do seem to be trying to do it properly, and the owners/developers make themselves available on the discussion boards, unlike most of the other sites where it is impossible to give any feedback or get mistakes correct e.g. digitallook, advfn.

StepOne

TheMotorcycleBoy
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Re: Stock Screeners!

#167430

Postby TheMotorcycleBoy » September 19th, 2018, 11:54 am

To be honest, I think that the DigitalLook screener may well be good. Mel (my wife, whose name is on our TLF login) said the other night that our online platform iWeb claim that some of the data they use derives from digitallook themselves. Need to check this out some more, will let you know.

Indeed it may be that our platform is providing us with a screening service for free already! Do need to double check this, however.

Matt

alonzo
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Re: Stock Screeners!

#175775

Postby alonzo » October 23rd, 2018, 3:10 pm

Yeah - Stockopedia is ok.


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