Creating a Screener

Screeners can be created in several different ways in Stock Rover. This section describes how to access the Screener Manager, create a new screener, add filtering criteria to a screener and test a screener.

Creating a Screener

There are four ways you can create a new Screener in Stock Rover, they are as follows:

Right-clicking on ‘Screeners’ in the grey navigation pane.

create new screener through task wizard

Right-clicking on ‘Screeners’ in the Navigation panel and selecting ‘Create Screener’.

create new screener through task wizard

Launching from the quick links in the Screener Manager.

create new screener through task wizard

Searching for ‘Create Screener’ in the Search bar.

create new screener through task wizard

Selecting your Stock/ETF Universe

The screenshot below shows you where you can select whether your screener will screen for stocks or ETFs. You can also select the Universe from which to screen. For example: the Major US Listings, the S&P 500 only or All Exchanges.

When you change the Equity Type to ETF, it also changes the available criteria to include dozens of ETF specific measures such as Expense Ratio and Morningstar Ratings.

the screener manager

Adding Screening Criteria

Once you click ‘Add Criteria’ it will bring up a new window (shown below) where you can select a metric or multiple metrics, either by navigating through the folders or by using the search box.

You can set the criteria for a metric and then select the next metric. As soon as you select another metric, the value you added for the prior metric is automatically recorded. This process speeds data entry. Once all the metrics are specified, you can click the OK button to see all the you specified in a list in the main create screener window.

the screener manager

Note that you can see how many stocks pass the screener as you adjust the screener’s values. You can also get a preview of some of the tickers that pass the screener. This is a time-saver as it allows you to see how many tickers and which tickers are passing the screener without having to explicitly save and then run the screener.

the screener manager

Ranking and Equations

You can also select whether to rank the passing stocks in the screener according to the weightings that you provide. Please see the Ranked Screener help for further detail.

Finally, you can add the actual criteria of the screener either as simple filters (e.g. Market Cap > 20 billion) and/or as more complex via equations. Please see the Equation Screeners help for further detail. Note equations is a Premium Plus only feature.

the screener manager

Testing Tickers

You can also add tickers on an ad-hoc basis to your screener and see how well they meet the screener’s criteria. When you enter ticker(s) into ‘Test Tickers’ the tickers will show as bolded in the preview pane, the score shows how well the tickers fared. If you mouse over the score you will see which of the criteria passed or failed.

the screener manager


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Saving Screener Results Ranking a Screener