7 Steps to Filter Out Market Noise and Maximize Your Profits
2023.11.16 10:04
- Companies with good fundamentals and high dividend yield, Stocks trading below their intrinsic value – It’s all at your fingertips with InvestingPro.
- Filters allow you to specify criteria that we can use to search for companies. Find everything you need on one page.
- In this piece, we will go through the step-by-step process of using InvestingPro’s filters to find good stocks to buy.
- Secure your Black Friday gains with InvestingPro’s up to 55% discount!
Markets are constantly moving up and down during uncertain times. Be it pivotal macroeconomic indicators, companies’ earnings, or influential statements from central bankers, each factor is capable of steering the stock market in unpredictable directions.
With so much information coming at us on a daily basis, how do you filter out the really important information amidst all the noise?
Enter InvestingPro, the professional tool from Investing.com. Its filter section acts as your compass in this sea of data, helping you pinpoint the information that matters most.
Seeking a curated list of companies with robust dividend yields and solid fundamentals? Find it effortlessly in the filters section.
Interested in stocks trading below their intrinsic value? That’s another gem you can uncover with InvestingPro.
Filters allow you to specify criteria that we can use to search for companies.
Here’s how to add a filter step by step:
Step 1: Choose the Metric
The first step is to identify the metric you want to use to filter out stocks.
InvestingPro Filters
Source: InvestingPro
Step 2: Enter Values
Once you have selected the filters you want to use, the next step is to specify the limits.
For example, to search for companies with a market capitalization greater than $250 million, with a dividend yield greater than 0%, and belonging to the consumer discretionary sector, this would be the result:
Source: InvestingPro
Step 3: Add Columns
To get more information about the results that match your search criteria, you can add columns. Any of the metrics we discussed above can be used as a column.
Just click the ‘Columns’ button to open the Column Editor and select the fields you want to add. It would look like this:
InvestingPro Filters
Source: InvestingPro
Step 4: Set the Period
Once you have added the column, you can also specify the period in which you want to search for the data. If you do not specify a specific period, the column displays the information for the last default period.
For example: Stock price information (“asset_price_close_adj”) is displayed on a daily frequency. If you want to know what price a certain stock had 30 days ago, you must specify the period as “D-30”.
Step 5: Sort the Results
To have the results that matter most to you appear first, you can sort them by clicking on the column header where you want to sort them:
InvestingPro Filters
Source: InvestingPro
Step 6: Save the Results
This is crucial: you can save everything you search for. Don’t miss any details of important information for your investment decisions.
InvestingPro offers you the possibility to download your results to a spreadsheet so that you can check them whenever you want.
InvestingPro Filters
Source: InvestingPro
Once you have created a filter, you can save the criteria to run them again later. Click the Save button in the upper right corner and a pop-up window will prompt you for a name.
Source: InvestingPro
Step 7: Import Assets
Last but not least: You can import assets directly into a watch list by selecting the relevant results and copying them from the action bar.
InvestingPro Filters
Source: InvestingPro
In a volatile environment, having the best market information that can affect your portfolio is essential. Try now all the possibilities InvestingPro offers you.
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Disclaimer: This article is written for informational purposes only; it does not constitute a solicitation, offer, advice or recommendation to invest as such and is in no way intended to encourage the purchase of assets. I would like to remind you that any asset class is evaluated from multiple points of view and is highly risky. Therefore, any investment decision and the associated risk remains with the investor.
