FORMULA FUNCTIONS / CROSS SECTIONAL
FCount("expression" [, scope])
Full Description
Calculates the number of times a formula evaluates to TRUE (not 0) within each scope. FCount works like this:
- The formula in quotes is evaluated for all the stocks in each scope. The formula could be a single factor, like "MktCap" or more complex like "Close(0)/Close(10)".
- The number of stocks whose expression evaluates to TRUE (not zero) is counted for each scope
formula: an expression that evaluates to TRUE or FALSE
scope: determines how stocks are grouped before counting (see below)
Examples:
Return only stocks in industry where at least 50% of the stocks made a new 52 week high in the past 10 trading days
FCount("HighValBar( 250, 0)<10",#Industry) > NoConst * 0.5
Scope Parameter
| Values | Stocks | ETFs | Description |
| #All | Y | Y | Operates on current universe |
| #Previous1 | Y | Y | Operates on the results from previous rule |
| #GroupVar2 | Y | Y | Operates on groups based on value of variable @Group |
| --------------------------- For Stocks Only --------------------------- | |||
| #SP500 | Y | Operates within the SP500 universe | |
| #Sector | Y | Operates within each Sector of current universe | |
| #SubSector | Y | Operates within each SubSector of current universe | |
| #Industry | Y | Operates within each Industry of current universe | |
| #SubIndustry | Y | Operates within each SubIndustry of current universe | |
| --------------------------- For ETFs Only ------------------------------ | |||
| #Family | Y | Operates within each ETF Family | |
| #AssetClass | Y | Operates within each ETF Class | |
| #Region | Y | Operates within each ETF Region | |
| #Country | Y | Operates within each ETF Country | |
| #Method | Y | Operates within each ETF Method | |
| #Style | Y | Operates within each ETF Style | |
| #Size | Y | Operates within each ETF Size | |
| #ETFSector | Y | Operates within each ETF Sector | |
2Not available in Ranking Systems