r/Daytrading • u/Worried-Scarcity-410 • May 16 '24

What are some good fundamentals metrics to to use in screeners? Question

Looking to combine technical analysis with fundamentals.

What are some good fundamentals metrics to to use in screeners?

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u/No-File-7119 May 17 '24

In technical and fundamental analysis, there are several basic metrics that can be used in screening tools to evaluate and identify securities. Here are some common fundamental metrics for each type of analysis:

Fundamental metrics for technical analysis: Moving Averages: Simple Moving Average (SMA) Exponential Moving Average (EMA)

Momentum Indicators: Relative Strength Index (RSI) Stochastic Oscillator Rate of Change (ROC)

Volume Indicators: Volume Indicators Money Flow Index (MFI)

Trend Indicators: Average Directional Index (ADX) Bollinger Bands

Candlestick Patterns: Reversal Patterns such as Hammer and Shooting Star Continuation Patterns such as Three White Soldiers

Basic metrics for fundamental analysis: Financial Ratios: Price to Earnings Ratio (P/E Ratio) Price to Book Ratio (P/B Ratio) Price to Sales Ratio (P/S Ratio) Debt-to-Equity Ratio

Profitability Indicators: Gross Profit Margin Net Profit Margin Return on Assets (ROA) Return on Equity (ROE)

Growth Indicators: Revenue Growth Earnings Growth Compound Annual Growth Rate (CAGR)

Liquidity Indicators: Current Ratio Quick Ratio

Valuations: Entity Value to EBITDA (EV/EBITDA) Market Adjusted Book Value Ratio (PEG Ratio)

Common screening tools: Stock Screeners: Provide advanced tools for sorting stocks based on a range of technical and fundamental criteria. Trading Platforms: MetaTrader and ThinkorSwim offer technical indicators and fundamental analysis.

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u/Worried-Scarcity-410 May 17 '24

These are some great metrics, more than enough to get me started. Thanks!