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Sabrient Quantitative Investment Research
BEST FILTERS: April 2007

Based on extensive backtesting, these are the best-performing Sabrient filters, by market cap, for the month of April 2007. These filters substantially outperformed their index benchmarks during the past three months and indicate the kinds of qualities the market is rewarding in May 2007.

LARGE-CAPS  

Earnings Momentum Filter
The Earnings Momentum Filter scores stocks for rapid acceleration in earnings momentum over the past four quarters.

Earnings Strength Filter
The Earnings Strength Filter seeks stocks with favorable earnings trends by measuring short-term and long-term earnings history, short and long-term earnings projections, as well as percentage change in both over the short term.

GARP Filter
The GARP filter is a proxy for "growth at a reasonable price." A high score indicates a reasonable price for the growth potential; a low score suggests the growth potential may be overpriced.

MID-CAPS  

Momentum Dynamics Filter
The Momentum Dynamics Filter measures EPS, price and group momentum over multiple time periods. In addition, this key momentum filter measures the flow of money into a stock and the change in that flow in the most recent 90 days.

Analysts' Change Filter
The Analysts' Change Filter assesses recent revisions in the analysts’ earnings estimates.

GARP Filter
The GARP filter is a proxy for "growth at a reasonable price." A high score indicates a reasonable price for the growth potential; a low score suggests the growth potential may be overpriced.

SMALL-CAPS  

Valuation Ratios Filter
The Valuation Ratios Filter is a proxy for fundamental valuation, bestowing high Sabrient scores on stocks with low, and therefore favorable, valuation ratios such as price-to-earnings and price-to-sales.

Earnings Momentum Filter
The Earnings Momentum Filter scores stocks for rapid acceleration in earnings momentum over the past four quarters.

Earnings Strength Filter
The Earnings Strength Filter seeks stocks with favorable earnings trends by measuring short-term and long-term earnings history, short and long-term earnings projections, as well as percentage change in both over the short term.

MICRO-CAPS  

Valuation Ratios Filter
The Valuation Ratios Filter is a proxy for fundamental valuation, bestowing high Sabrient scores on stocks with low, and therefore favorable, valuation ratios such as price-to-earnings and price-to-sales.

Momentum Rank Change Filter
The Momentum Rank Change Filter measures short-term changes among key momentum measures, including earnings, price and group momentum.

Earnings Strength Filter
The Earnings Strength Filter seeks stocks with favorable earnings trends by measuring short-term and long-term earnings history, short and long-term earnings projections, as well as percentage change in both over the short term.