NCAV Screen

Stocks trading below Net Current Asset Value

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How to Backtest Yourself

All screens were created and backtested using StockScreen123, an outstanding service if you are serious about creating strategies and testing ideas.

Quick Screen Summary

Screens for stocks where the price of the stock is trading below the Net Current Asset Value (NCAV).

NCAV = Current Assets - Total Liabilities

The market discounts all forms of growth and estimates the value of the company to be worth nothing more than the assets.

With current assets capable of paying off total liabilities, downside is very limited.

Read more: NCAV NNWC backtest