Friday, 1 July 2016

Manual Backtesting for Fundamental Screeners

Last month, we received a request from Azam to include YTD performance for each screener. We know this is very important to our users as well as all investors. Today, we proudly announce that we will be starting to implement manual backtesting. 

We are starting to backtest our fundamental screeners so that we can update which screeners give high return on your investment, and strongly beat the FBMKLCI index (Open: 1653.16 on 1 July 2016). We will be using opening price of each quarter for our buy price and stock will be sold at the closing of each quarter (Buy on 1st July, Sell on 31 September). 

List of fundamental screeners of iSaham

We are planning to do automatic backtesting in the future, especially for the technical screeners. As for now, we will continue to use manual backtesting because fundamentals of stocks tend to change only in the long term. Below are our stock picks for each screener:

  1. SUNWAY (3.00)
  2. TIMECOM (7.42)
  3. COCOLND (2.04)
  4. TASEK (14.88)
  5. NESTLE (77.00)
  6. BPLANT (1.48)
  7. DLADY (58.5)
  8. PRESTAR (0.575)
  9. VS (1.18)
  10. UTDPLT (26.62)
  1. KLCC (7.46)
  2. TM (6.72)
  3. ASTRO (2.90)
  4. MAXIS (5.86)
  5. YTL (1.66)
  6. DIGI (4.79)
  7. MAYBANK (8.16)
  8. AMBANK (4.45)
  9. BAT (52.68)
  10. AXIATA (5.64)
Birds of the Bursa 2 (1 July 2016)
  1. RHBBANK (5.12)
  2. WPRTS (4.20)
  3. CIMB (4.36)
  4. PETDAG (23.42)
  5. MISC (7.41)
  6. GENTING (8.21)
  7. MAYBANK (8.16)
  8. NESTLE (77.00)
  9. KLCC (7.46)
  10. AXIATA (5.64)
  1. GKENT (1.86)
  2. CHINWEL (1.44)
  3. HEVEA (1.20)
  4. SHL (2.92)
  5. FAVCO (2.59)
  6. LYSAGHT (3.48)
  7. TGUAN (4.21)
  8. KFIMA (1.87)
  9. LIIHEN (3.08)
  10. SAM (7.76)
  1. HUAYANG (1.75)
  2. CHINWEL (1.44)
  3. LATITUD (5.26)
  4. SHL (2.92)
  5. RUBEREX (0.755)
  6. UPA (2.20)
  7. SPSETIA (2.92)
  8. TOMYPAK (1.85)
  9. LIIHEN (3.08)
  10. BPPLAS (1.58)
  1. HOHUP (0.785)
  2. LIIHEN (3.08)
  3. PRLEXUS (1.42)
  4. TAMBUN (1.39)
  5. HEVEA (1.20)
  6. HARBOUR (0.95)
  7. DUFU (0.635)
  8. HOMERIZ (0.885)
  9. GKENT (1.86)
  10. HUAYANG (1.75)
  1. RESINTC (0.415)
  2. PPHB (0.870)
  3. KPSCB (0.525)
  4. UMS (2.56)
  1. OKA (1.12)
  2. SHH (2.21)
  3. UNISEM (2.40)
  4. UOADEV (2.18)
  5. CHINWEL (1.44)
  6. MEDIAC (0.710)
  7. JAYCORP (1.02)
  8. TAMBUN (1.39)
  9. SHL (2.92)
  10. TAANN (3.30)
  1. SAM (7.76)
  2. AJI (12.42)
  3. PPHB (0.870)
  4. TGUAN (4.21)
  5. LATITUD (5.26)
  6. SHL (2.92)
  7. UPA (2.20)
  8. RESINTC (0.415)
  9. CHINWEL (1.44)
  10. YSPSAH (2.21)
  1. TGUAN (4.21)
  2. HLIND (8.32)
  3. KESM (5.61)
  4. DUFU (0.635)
  5. MPI (7.55)
  6. LIIHEN (0.308)
  7. SAM (7.76)
  8. ARANK (0.795)
  9. CSCENIC (1.39)
  10. OKA (1.12)
  1. MPI (7.55)
  2. KESM (5.61)
  3. CCB (3.10)
  4. TGUAN (4.21)
  5. DUFU (0.635)
  6. KPS (1.02)
  7. UOADEV (2.18)
  8. GADANG (2.05)
  9. HEVEA (1.20)
  10. PENTA (0.780)
Before I lift my pen, I would like to thank Nik Khalili for the contribution to new Altman Z and Net Net Screener. Also, special thanks to Azhar Khamaruzaman for the contribution to Birds of the Bursa, Birds of the Bursa 2 and Value Investing Screener.

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