The "Country" function in Portfolio123 is designed to filter companies based on their country of domicile. This function is particularly useful for those wanting to segment their stock screening process or portfolio management by geographical location. By indicating the specific country or countries of interest, users can streamline their results to fit a regional investment strategy or to consider geopolitical factors in their decision-making.
Examples
To identify companies domiciled in China, Hong Kong, Taiwan, Japan, Singapore, or Thailand, use:
Country("CHN,HKG,TWN,JPN,SGP,THA")
To identify companies domiciled in China whose shares are not ADRs (i.e. Chinese companies that trade via U.S. shares as a result of "reverse takeovers," use:
Country("CHN") and isADR=false
To identify Chinese companies that trade in the U.S. only via ADRs, use:
Country("CHN") and isADR = true
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