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High Growth Stock Investor Software
Overview
High Growth Stock Investor (HGSI) is a software investment
product used by professional investors and traders. It focuses on analyzing and
ranking large groups of stocks. This group level analysis allows you to quickly
organize/reorganize groups as a technique to narrow down the market to a small
number of potentially high growth oriented stocks. Among the many tools is an extremely
flexible ranking system, a powerful filtering system and advanced charting.
Below is a brief explanation of the more exclusive
High Growth Stock Investor feature.
Database
Unique to HGSI is the “group” database. All stocks, ETFs,
commodities, mutual funds and market indexes are organized into groups of
stocks. There are three types of groups: Reference Groups, Smart Groups and User Groups. Reference Groups and Smart Groups are provided by the
software. User Groups are designed by the user.
The HGSI group database is located on your personal computer
giving you anywhere, anytime access making it unnecessary to go online for
information. Each stock in the group database has over 400 fields of technical
and fundamental performance information about the stock.
Source data for the HGSI group database is updated daily by
Quotes Plus, Inc., our supplier of high quality price and fundamental data. .
Indexes
Unique to each group is an index generated by HGSI. The
index provides the investor with a summative look at the price, volume and
fundamentals of the stocks in the list. A group's index will roll up revenue,
earnings, market cap, shares outstanding and much more. This aggregation of so
much individual stock information is fundamental to doing group comparative
analysis of stocks, commodities, mutual funds, ETFs. Rank comparisons of group
indexes based on technical and fundamental information is a unique HGSI
feature.
A variety of index setting options are available such as
weighted, average, and other index types. Start dates for the indexes can be
on a fixed date or a date that starts relative to another date option that you
select.
Filter
Search the database for stocks that meet your requirements
using a powerful set search operators. These operators evaluate over
400 data fields of information for each stock or index and quickly produce a
list for further examination. Give the search a filer name to save it into the
list of filters. Programming is not necessary.
Warehouse
The core tool for seeing and working with the stock data is the
Warehouse. Select a group from the group database to view each stock's information in a spreadsheet format. Each view can be given a name and saved
to a list of Warehouse views. Link each view to a specific filter and
combination rank. Anytime you bring up that view the group will be
automatically filtered and ranked. Flip through different views to see the
group from many different perspectives. There is no limit to the number of
views.
Use the real-time integration feature in HGSI to track a
group of stocks with Quote-Tracker or export the view in ASCII or HTML for
import into Excel or other programs.
Ranking
High Growth Stock Investor has two very powerful ways to
rank groups of stocks.
Using the interactive ranking tool, you can rank all the stocks
within a group using a variety of relative strength types such as Wilder RSI,
Percent Change, and Comparative RS to another Security. A spreadsheet like
window will display color coded historical relative strength, velocity and
acceleration for each stock.
The second approach is a weighted combination rank feature
within the Warehouse. Using this method, you select as many data fields of
information from the database as needed and assign weight (relative importance)
to each data field. The securities in that group are then ranked on each of these fields, with the score combined together to produce a final ranking. The end result is a weighted combination sort of all the
stocks in your group, bringing stocks with the best combination to the top of
the list.
Charting
A richly featured charting tool gives users the ability to
quickly analyze stocks using one or more charting views. Each view can have
several sub-windows. Each sub-window can overlay multiple indicators or you can put
different indicators into separate sub-windows. An unlimited number of views can
be created each with different colors, indicators, annotations and more. There
are over fifty indicators that cover a wide range of investment styles.
Fundamental and technical information for the stock being
charted is displayed on five different rotating panels making it a snap to see eight
quarters of earnings and revenue along with a mini-chart for the current and
next quarters estimates.
High Growth Stock Investor's charting offers a number of "index" specific indicators that are not possible with standard charting applications. These index indicators include:
- % Index Above 20DMA
- % Index Above 30DMA
- % Index Above 50DMA
- Index % Accum/Dist
- Index Adv?Dec Line
- Index Based Arms Indicator
- Index New High/Low Line
- McClellan Oscillator
- McClellan Summation Index
These types of indicators in traditional charting programs generally require importing the data in the form of a fake chart and other end user manipulations . With HGSI the data is already computed with the index and can be directly charted.
VISUAL FILTER BACKTEST
Visual Filter Backtest (VFB) is a special chart indicator used with HGSI Charts. Assign any HGSI filter to the VFB chart indicator to annotate the chart with color whenever the conditions of the filter are met. VFB lets you see how the filter performed historically. The chart below shows the VFB indicator being overlayed on the Chart's Price sub-window to show a particular market index condition identified as "Tsunami" by Ian Woodward. Tsunami conditions were met where you see the chart color coded green. VFB is also being used in the Volume sub-window to show two other market conditions identified by Ian Woodward as Eureka (green) and Kahuna (black). These conditions are described in other documents.
In addition to the VFB, this chart also shows one of the five panels of information. In this example, the chart is of an index so all the values of each stock making up the index are rolled up to provide index level fundamental information such as Market Cap, Shares Out, etc. Three additional sub-windows are also on this chart showing
- Directional Movement,
- % A/D (JAD) a proprietary measure of the strength of money flow in/or out of the security and
- Bollinger Bands.
Reports
There are several reports. The most basic is to save any Warehouse view as a
HTML report. The HTML report can be printed or opened in Word or Excel. Color coded
fields are saved with the original colors.
Another report is the Group Performance Analysis HTML
report. It answers questions such as, how did my groups perform? Did they do
better than the S&P 500? Set report options for start and end dates and
investment amount. The GPA report will show the % Chg from start to end; the
gainers/losers and much more. If multiple groups are used in the report, a
special section of the report will summarize and rank the groups on % Chg.
A third type of report is the Spectrum Analyzer. It can
answer questions such as what is the composition of this group? For example
you want top know what percentage of the stocks in a group are in each of the
market sectors. The Spectrum Analyzer answers this question by creating a pie
chart showing the distribution.
Integration with other software products
- Export stock data (including HGSI generated indexes) as
ASCII
- Export and update stock data (including HGSI generated
indexes as Metastock files, including support for larger than 255 stocks
per folder
- Export HGSI Warehouse displays as ASCII or HTML (including
color formatting)
- Export HGSI groups to QuoteTracker for real-time tracking
of group performance
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