Based on extensive backtesting, these are the best-performing Sabrient filters, by market cap, for the month of July 2006. These filters substantially outperformed their index benchmarks during the past three months and indicate what the market is rewarding in August 2006.

LARGE-CAPS  

Consistency Filter
The Consistency Filter measures various earnings trends, along with short-term revenue growth. High scores are given to stocks that exhhibit a smooth expansion in earnings and notable short-term revenue growth.

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

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

MID-CAPS  

Consistency Filter
The Consistency Filter measures various earnings trends, along with short-term revenue growth. High scores are given to stocks that exhhibit a smooth expansion in earnings and notable short-term revenue growth.

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

Turnaround Filter
The Turnaround Filter gives high scores to stocks that exhibit low relative valuations and relatively stagnant EPS growth over the last three years, but have favorable EPS projections that have not yet been rewarded by the market.

SMALL-CAPS  

Consistency Filter
The Consistency Filter measures various earnings trends, along with short-term revenue growth. High scores are given to stocks that exhhibit a smooth expansion in earnings and notable short-term revenue growth.

Cash Flow vs. EPS Filter
The Cash Flow vs. EPS Filter measures long-term cash flow and free cash flow growth against long-term revenue growth and earnings consistency.

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 during the most recent 90 days.

MICRO-CAPS  

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.

Composite Growth Filter
The Composite Growth Filter includes long-term and short-term factors related to earnings, cash flow and revenue growth.

Cash Flow vs. Valuation Filter
The Cash Flow vs. Valuation Filter considers the absolute change of earnings growth, its price-to-earnings valuation, and strength of free cash flow.