Hello Steve,Tom,
Tom is absolutely correct. F&A is a terrific way to see how your existing equities rate, and it is also a nice way to screen great companies for AIM suitability. However it must be used in conjunction with strong Fundamental analysis and due diligence before selecting an equity.
I'm currently playing around with some improvements to the screen-o-matic algorithm. One is to let the user select the time frame for analysis (currently it is about 1 year). Longer time frames (e.g. 3 years, 5 years, etc.) would give you a better view on the F&A over a longer period. This would necessitate some changes to how the results are reported.
Another improvement, I'm looking at, is what you touched on. That is, having the software suggest SAFE settings. We already have an internal tool, here at the Automatic Investor factory, that analyzes equities and recommends SAFE (and other) settings based on an equity's characteristics, but what I'm thinking of attacks the same problem from a slightly different angle.
If anyone has any suggestions or comments, please send me an email (mhing@automaticinvestor.com). Any improvements will be added to the screen-o-matic software and distributed as freeware.
Regards,
Mark. |
