Beaten-down Screener

Description of Beaten-down Screener

The beaten-down fundamental companies data reflect companies from the small capitalisation to large capitalisation universe that are typically trading 15% below 52-week high levels. These companies have positive operating cash flow growth on last twelve-month basis and have managed to post above-historical average revenue and EPS growth.

When markets witness sharp correction for multiple reasons, including macro factors, and geopolitical issues, most of the companies tend to follow the bearish trend irrespective of their fundamentals. However, when markets rebound, fundamentally sound companies may recover faster than other companies.

This data screen of Kalkine can help identify companies with sound fundamentals that have become a victim of the overall market correction without having any adverse change in their fundamentals.

Beaten-down companies data screener of Kalkine helps identify beaten-down fundamental companies that warrant further analysis.

Frequently Asked Questions (FAQs)

1. How to identify companies with high financial liquidity?

Ans. Typically, companies with positive operating cash flow, quick ratio and current ratio above the industry average are known as financially liquid companies. These companies are expected to have the ability to clear their short-term liabilities in time. A low net-debt to equity ratio further ensures that the company will be able to sustain its business in the event of an economic downturn.

2. Why is it important to identify the momentum in prices of a stock?

Ans. Momentum--bearish or bullish--is used to trade shares of a particular company. It shows the rate of change in price movement over a period of time to help identify the strength of a trend so that one can take positions accordingly. Various technical indicators are used on a price chart to determine the strength of a share's existing trend.

3. Does this screen show companies’ data from a particular sector?

Ans. No, this screen includes companies from across the sectors and market capitalisation.

4. What do the Consensus Ratings and Consensus Mean Target Price of a company indicate?

Ans. The consensus mean target is deduced using statistical averages of broker estimates determined to be on the majority accounting basis and is provided by the licensed data provider. The price target is the projected price level forecasted by the respective analyst(s) within a specific time horizon.

The mean consensus rating is based on the data provided by the licensed data provider. The Consensus Rating is based on the Standard Scale of 1) Strong Buy, 2) Buy, 3) Hold, 4) Sell, and 5) Strong Sell.