Understanding StockTradeIQ's Original Scoring Mechanism
StockTradeIQ is a stock screener. You can use our tool to search based on classical criteria and make informed decisions thanks to that. What makes us different is we translate complex sets of fundamental indicators into a simple facts list, which we call Key Takeaways. There are 3 major categories of key takeaways.
STI Score
Investors usually take into account several factors that they consider important during investment decisions, including the pricing of the stock, growth potential, dividend capabilities, and debt burden. For some investors, one of those factors are more important than the other. STI score is a summary score that takes into account various fundamental information including those mentioned and allows you to quickly figure out how the company has been assessed by us before you spend a lot more time trying to understand potential weaknesses of the stock you have discovered. Top STI scorers don't mean top picks on the market, but a range of top values from STI scores usually means that top red lights have been filtered out and it's time for you to step in and decide whether the company fits your needs and there are no details that could be risky including news on what happens in the business.
Using STI score doesn't have to be checked stock by stock, but you can use our advanced stock screener capabilities to filter out a subset of interesting companies and sort them by STI score.
Key Takeaways Positions
When analyzing the companies in detail you can use our key takeaways positions to figure out what kind of information we took into account while calculating the STI score and how it impacted the end result. For example, you are able to see that the company is a Dividend King, but at the same time, it is highly priced. Since it's arguable which companies are expensive and which are not, we provide the math detail from the source indicators that led us to the conclusion so you can fully understand the StockTradeIQ tool perspective and form your own opinion.
Badges
Some companies also earn special badges. Since there are two major reasons why people tend to invest in stock market companies, which are dividend passive income, or capital appreciation, we followed those expectations and formed two badges: the Dividend Badge and a Growth Badge to display companies that had satisfying performance in those two categories.