R.O.A.R
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  | Us options | scoot | 1 | 1 | 22-Mar-07 10:06 pm |
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     mum
Member
Username: mum
Post Number: 51
Registered: 08-2005Rating: N/A
Votes: 0
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| | Tuesday, March 28, 2006 - 06:42 pm: |  
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Hi, Would it be possible to scan for rate of annual return ala Alan Hull method regards Belinda
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 2512
Registered: 09-2002Rating: N/A
Votes: 0
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| | Wednesday, March 29, 2006 - 06:40 pm: |
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Belinda,
Not with the present version. This is planned for an upgrade later in the year. Regards, Colin Twiggs
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visions
Member
Username: visions
Post Number: 60
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Saturday, June 23, 2007 - 09:51 am: |
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Hi Belinda,
I know this is over a year late for you but I've just noticed it, sorry.
You have probably overcome your problem with scanning for ROAR within IC but I will continue just in case you haven't and you are still interested. There may be others also, that have a interest or need in this area.
As we know ROAR stands for Rate of Annual Return meaning 1 year, so naturally I use a 1 year timeframe in the screening section to mimic this as close as possible.
In the stock screens I use % Price Move selection and input in the 1 year minimum box 30. This is as close to a ROAR scan that you can get at the moment in IC. You can change the % to what ever you want to look for that's your choice.
The result page will list securities where closing price have increased by 30% or more for the past year.
Enter -30 as the maximum for % Price Move (1 year) and you will have all the securities where closing prices have fallen by 30% or more for the past year.
So, Minimum % box, closing price has increased by at least the specified %
So, Maximum % box, closing price has decreased by at least the specified %
Hope this helps until we have ROAR in our scanning screens.
Cheers .... Visions
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sway
Member
Username: sway
Post Number: 27
Registered: 12-2005Rating: N/A
Votes: 0
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| | Tuesday, June 26, 2007 - 08:52 am: |
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ROC and ROAR are related mathematically. I used Excel to create the following graph:
Assuming you have ROC in cell A1, the Excel formula for ROAR is =100*(1-(1/((A1/100)+1)))
I then use IC's ROC filter and the above spreadsheet to identify stocks which meet the Hull "greater than 30% ROAR criteria". For example if I want >30% ROAR, I filter in IC for >42% ROC. I then put these stocks into a watchlist and examine them further based on weekly closing prices. There is a bit of a trap here, in that the ROC tends to be very twitchy because it is calculated on daily closing price today compared with one year ago. To smooth this out, I plot a 6wk EMA of 52wk ROC in IC. I also do the same with 26wk and 13wk ROCs to get a better general picture of how the stock is growing. I also use MMAs as well.
Geoff
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surferdude
Member
Username: surferdude
Post Number: 52
Registered: 06-2005
Rating: N/A
Votes: 0
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| | Friday, September 14, 2007 - 07:23 am: |
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Hello Colin
Is there any update on this?
Thanks
Nick
"Vision is not enough; it must be combined with venture. It is not enough to stare up the steps; we must step up the stairs."
- Vaclav Havel
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