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S&P Europe 350 index added and 4 screening ideas

You can now screen only the stocks in the S&P Europe 350 index as we have added the the S&P Europe 350 index to the Quant Investing stock screener.

 

What exactly is the S&P Europe 350 index?

The S&P Europe 350 index consists of largest most liquid companies from 16 developed European countries.

Countries included are: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the UK.

Remember the S&P Europe 350 is a market value weighted index - this means that the larger the market value of a company the more its price movements will influence the index.

 

How to select the S&P Europe 350 index?

After you have logged into the screener click the drop down list below Primary Factor and under the heading Growth select S&P350 Europe.

SandP350_1
How to select the S&P Europe 350 index

 

Here are a few interesting S&P Europe 350 screening ideas for you:

 

1. S&P Europe 350 companies with a high and growing dividend yield

The screen below will give you a list of high dividend yield S&P Europe 350 companies that have also been growing their dividends over the past 10 years.

SandP350_5
Selects only S&P Europe 350 companies with high dividend yields with growing dividends over the past 10 years.

 

2. S&P Europe 350 companies with best momentum

You can also, for example, look for the companies in the S&P Europe 350 index with the best six month share price momentum (increasing share price).

SandP350_3
Selects S&P Europe 350 companies with the best 6 month share price momentum.

 

3. Undervalued quality S&P Europe 350 companies

This screen will give you a list of undervalued S&P Europe 350 companies.

It selects only companies in the S&P Europe 350 index that are of high quality – with a high Piotroski F-Score – and are undervalued based on multiple ratios included in the Qi Value ranking.

SandP350_4
Selects quality and undervalued S&P Europe 350 companies.

 

4. S&P Europe 350 companies that are on steroids

You can also look for companies in the S&P Europe 350 that are market leaders – large companies on steroids.

Market Leaders are non-utility companies with larger than average:

  • Market value
  • Number of shares outstanding
  • Free Cash flow and
  • Sales above 1.5 times the average of the universe

SandP350_2
Selects Market Leading S&P Europe 350 companies.

 

PS To get this index and ideas from the above strategies working in your portfolio sign up here.

PPS Why not sign up now, while this is fresh in your mind?