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Style Specific - Quality Screens
This is a group of screens based on quality. They illustrate four different approaches to implementing that style: (1) use of "absolute" rules, such as a requirement that debt be less than 50 percent of capital, that return on equity be above 12 percent, etc. (2) use of rules that compare a company's fundamental quality ratios to those of other firms in the same industry, (3) use of rules that compare fundamental quality ratios for a particular company to those of all others in or database, and (4) a comprehensive approach that seeks companies whose fundamental quality ratios compare well to those of industry peers and to the database as a whole. Each of these screens can be used as is, presumably combined with a ranking system. We connected each to one of our broad-based pre-set ranking systems, the QVG (Quality-Value-Growth) system. Feel free to experiment by combining these screens with other ranking systems (we suggest broadening the range of selections by using a ranking system that is not based purely on quality criteria). These screens are also useful as instructional models: you can save the one that most closely matches your preferences and then modify it as you choose, perhaps using ideas gleaned from other kinds of pre-set screens.

StockScreen123 Screens represent hypothetical or simulated performance, not actual trading. Since the trades have not actually been executed, the results may have under-or-over compensated for the impact of certain market factors such as liquidity. Returns may include a slippage amount for each trade. Dividends are not included. Remember that past returns are no guarantee of future returns.
Style Specific - Quality Screens
NameType1 Mo Ret3 Mo Ret1 Yr Ret3 Yr Ret5 Yr Ret
Quality - BasicStock10.3%15.9%151.6%68.1%93.2%
Quality - ComprehensiveStock12.2%11.2%105.8%45.7%86.4%
Quality - Compared to Industry PeersStock12.2%11.2%104.4%18.7%49.1%
Quality - Compared to MarketStock10.6%12.6%104.4%-1.3%49.9%