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Moneyoga Release 2: A New Set of Screeners For You

We’ve now added more features to Moneyoga.com. The list of new features are:

Two of these,the Option Chains and the Market Metrics pages, have been explained by Kaushik.

Let me now tell you what we intend to do.

  • There are a lot of stocks traded daily.
  • If you had to go through each and every stock, you would have to spend an inordinate amount of time behind this, and yes it will get boring after a while.
  • Everyday, some stocks are moving, and moving fast. Some stocks are moving and have shown consistent growth. Yet others have done much better than everyone else in the past year.
  • You will hear about some of them – the RPLs, the RNRLs will all be immensely talked about in blogs, on TV and in the newspapers. Some of them you will never hear of because they are not quite that “hot”.
  • We want to show you, through our “screeners”, the stocks which show extraordinary strength or weakness, either in price or fundamentals.

So what do we have?

Top Gainers and Losers

A list of stocks that have done better than other stocks in various time periods: 1 day, 1 week, 1 month, and 1 year. You will find both gainers and losers, and you will find the stocks differentiated as those with F&O on them and those without.

The reason we keep them separate is that you can short F&O stocks on a position basis, and F&O stocks provide greater liquidity and volume which usually means that you don’t have to worry about those stocks where volume is ridiculously low.

Note: Next to the code are figures in brackets, like ESSAROIL (2). This means ESSAROIL has been in this screen for two days consecutively. If we had run this screen yesterday and today, ESSAROIL would have occured in both. This is good to identify a one-off move versus a more sustained upmove.

New Highs and Lows

A list of stocks that have formed new highs or lows – the period for the “high” or “low” is of course different depending on your term, so we have lists for 1 month, 1 quarter, 6 months and 1 year.

Note: In a bull market you’ll see many more new Highs and in a bear market, many new Lows. Yet, this can give you an indication of what is worth buying in a bear market and what is not in a bull market.

Stocks Above Moving Averages

A moving average is a smoothed curve of a stock over time. The moving average gives you an indicator of price strength – if a stock stays above its near and long term moving averages, it may be bullish.

Again, this is divided into stocks above 20, 50 and 200 day simple moving averages (sma). The “simple” is to differentiate it with an “exponential moving average” which is a curve that gives more weightage to recent data compared to earlier data, and those screens are useful for other purposes.

Volume Breakouts

When a stock is about to move higher or lower there may be a sudden spurt in volumes. This screener identifies stocks that have a much higher volume than the moving average.

Here we only consider those where the traded value (average) is at least 10 crores.

These are the list we have – we’ll add more as we go on. Happy trading and investing!
Oh yes, let us know what you think.

  • Anonymous says:

    >Nice site..Lots of data to analyse from…Is it updated on a daily basis,i.e do u have a sliding window of last 7 days,month etc?
    BTW,Is there a correlation between ADR price movements vs Indian market price..?
    thanks
    mahesh

  • Deepak Shenoy says:

    >mahesh: we keep data for the last 7 days but we display only the most recent.

    ADR prices: I haven’t noticed a correlation that is not a cause-effect, meaning i can’t determine for sure what is the cause and what is the effect – and typically ADRs have lower liquidity and lower supply, so prices there are bound to be higher.

  • Siva says:

    >FYI
    deepak,
    I have mentioned your name in my blog stocksiva.blogspot.com.Eventhough u dont know TAMIL (I guess so)U can find out ur name which is underlined.

  • Vivek Nath says:

    >Deepak and Kaushik,

    WONDERFUL JOB and more importantly after reading “About Us” section. Infact your site is becoming my defacto standard for checking data many of my value buys.

    I just wanted to ask if adding a section like

    Valuation ratios

    Year end
    P/E
    P/BV
    P/CEPS
    EV/EBIDTA Market cap/sales

    Dupont model

    Year end
    PBIDT/sales(%)
    Sales/net assets
    PBDIT/net assets(%)
    PAT/PBIDT(%)
    Net assets/net worth
    ROE(%)

    How easy / tough or meaningful it will be for your model/ approach. Incase it does and getting the computation data is easy for you guys ( technically)/// I would say I will be your biggest promoter and mouthpiece :))

    Kind Regards
    Vivek Nath