Filter Stocks by Fundamentals

A more reliable light to use this in is with fundamental analysis because that will shed light on the reasons for the returns being the way they are. You can take a look at items such as earnings per share or revenue to gauge why the year to date return is what it is. Now if you apply this to a technical chart, you may not get the same results. Yes, you can look at historical data and movements, but it doesn’t explain why those movements occurred.

When looking at equities and other return metrics, a popular one many glance as is year to date returns, which is exactly what is says. Year to date returns is quick measurement that you can compare against others across the board. This data point in itself provides value, but it should not be relied upon because it does not tell the whole story. The year to date returns could be slowed or lower for reasons such as acquisition costs hit, which for the short term appears bad but the long term it appears great.