Beta measures the sensitivity of a stock relative to market movements. By definition, the market has a Beta of 1.0. To be consistent with our other indicators, the number we use to express Beta is 100, which is equivalent to the number 1.0. Stocks with a Beta greater than 100 tend to amplify the overall movements of the market. Stocks with a Beta between 0 and 100 tend to move in the same direction as the market, but not as far. The market can be considered as the portfolio of all stocks, so the "average stock" has a Beta of 100.

The 5000 stocks in theScreener.com's database are divided into 18 internationally recognized standard industry groups.

AUT	Automobiles	HEA	Health Care
BAN	Banks	IND	Industrial
BAS	Basic Materials	INS	Insurance
CHE	Chemicals	MED	Media
CON	Construction	NCY	Non Cyclical Consumer
CYC	Cyclical Consumer	RET	Retail
ENE	Energy	TEC	Technology
FSV	Financial Diversified	TEL	Telecom
FOB	Food & Beverage	UTI	Utilities

It is the basis of our Valuation Rating. This is the estimated growth of future earnings (LT
Growth) plus dividend in %, divided by the estimated future PE ratio (Long Term P/E).

Our G/PE
Ratio measure is an index figure that compares firms on whether their stock is relatively "expensive" or "inexpensive" according to their potential earnings growth. We focus our attention on G/PE
Ratio measures generally between 0.9 and 1.6, as this range of the index is most likely to include firms that will outperform their peers. A G/PE
Ratio measure below 0.9 indicates that investors must pay a premium for the estimated growth potential; thus, the stock is relatively risky.

In this easy-to-use rating system, stars are earned for each element specified below:

Earnings Rev Trend	[]	=
Valuation Rating	[], [], []	=
MT Tech Trend	[]	=
4 week Relative Performance	> 1%	=

Therefore, a stock can earn a maximum of four stars. The lowest rating a stock can have is no stars.

Note : For each category, once a stock has earned its star it will keep it until:

Earnings Rev Trend	The arrow turns red []
Valuation Rating	The arrow turns red [] or []
MT Tech Trend	The arrow turns red []
4 week Relative Performance	Drops below -1% (< -1%).

This is the estimated annual growth rate of future earnings, normally projected over the next two to three years, and expressed as a percentage.

Our Long Term Growth measure is averaged over at least three different estimates obtained from banks, brokers, or analysts. A figure of 18 means that for the next two to three years, the growth in company earnings is evaluated at an average of 18% per year.

Caution: Be skeptical of high long-term growth projections that differ greatly from growth rates of associated national market indexes or industry groups. These can often result from very low earnings for the most recent few years, thereby making a firm's projected earnings growth appear very strong by comparison with the lean years. To verify this information the Industries and Indexes functions can be very helpful.

It is the PE ratio calculated on the basis of estimates of long-term earnings.

theScreener.com provides analysis on stocks from 32 countries; we call those countries, Markets.

AR	ARGENTINA	KR	KOREA (SOUTH)
AU	AUSTRALIA	MY	MALAYSIA
AT	AUSTRIA	MX	MEXICO
BE	BELGIUM	NL	NETHERLANDS
BR	BRAZIL	NO	NORWAY
CA	CANADA	PH	PHILIPPINES
DK	DENMARK	PT	PORTUGAL
EP	EUROPE	SG	SINGAPORE
EU	EUROZONE	ZA	SOUTH AFRICA
FI	FINLAND	ES	SPAIN
FR	FRANCE	SE	SWEDEN
DE	GERMANY	CH	SWITZERLAND
GR	GREECE	TW	TAIWAN
HK	HONG KONG	TH	THAILAND
ID	INDONESIA	GB	UNITED KINGDOM
IE	IRELAND	US	USA
IT	ITALY	WO	WORLD
JP	JAPAN

This number is calculated by multiplying a firm's share price by the number of outstanding shares.

This is the price of a stock at the time of the latest update, and the currency that it is traded in.

Sensitivity is determined by measuring the "Bear Market Factor" and the "Bad News Factor" against the world reference. A stock will appear on the sensitivity map as a single point created by plotting its "Bear Market Factor" on the Y axis and its "Bad News Factor" on the X axis.

There are three types of sensitivities:

	A low sensitivity is the area where the points are plotted on coordinates lower than the average point of the world reference.
	A moderate sensitivity is the area where the points are plotted on coordinates higher than the average point of the world reference, but lower than the point whose coordinates are calculated by adding one standard deviation in both directions.
	A high sensitivity is the area where the points are plotted on coordinates higher than the point whose coordinates are calculated by adding one standard deviation in both directions to the average point of the world reference.