Beta and EBIT/Revenue data
Author: bb8866
Creation Date: 8/3/2015 10:16 AM
profile picture

bb8866

#1
I am trying to set up a stock screening back test that includes beta, and where profit margin is at least 10% (e.g., ebit/revenue > 10 percent). Are these variables available? If so, where are they and how can I enter them to produce the desired output? Thank you for any assistance.
profile picture

Eugene

#2
Re: beta. Yes, Beta is available as part of Community Indicators library (authorization required for download).

Re: Profit margin. You can view the complete list of available fundamental items such as EBIT or Revenue in Fidelity data under the Help menu > WLP Fundamental Data Guide. Both should be available. Don't forget to update Fidelity fundamental data for your DataSet in the Data Manager before putting them to use.

QUOTE:
If so, where are they and how can I enter them to produce the desired output?


Depends on what output is desired. In general, it's possible to utilize fundamental data items and indicators in code- or rule-based strategy, and then convert it to a screener as exemplified in the WealthScript Programming Guide > Techniques > Creating a Screener.
profile picture

bb8866

#3
Thank you for your response. How can I obtain authorization to download the Community Indicators library?
profile picture

Eugene

#4
This website uses cookies to improve your experience. We'll assume you're ok with that, but you can opt-out if you wish (Read more).