Freefincal has revamped its monthly low-volatility and momentum stock screeners, introducing new data sets and scoring methods designed to help investors identify shares with stable prices and recent strength, effective from March 2026.
Freefincal has updated its monthly low-volatility and momentum stock screeners, broadening the data and changing the way it scores shares from March 2026. The service now offers separate files for BSE 100 and BSE 500 stocks, along with a historical Top 100 file that switches from Nifty 100 data between March 2019 and February 2022 to BSE 100 data from March 2022 onwards.
The screeners are designed for investors who want to identify shares that have combined price stability with recent strength. Freefincal says the approach draws on two related ideas: low-volatility investing, which seeks stocks with smaller price swings, and momentum investing, which looks for shares that have risen strongly over the past six to 12 months. That combination is also reflected in index products such as the BSE Low Volatility Index and the BSE Momentum Index, both tracked by BSE Indices and covered in market lists published by sites including 5paisa and Livemint.
The latest version adds three composite scores built from percentile ranks for one-year CAGR, the Ulcer Index, R-squared and the share of bullish days measured through ADX. Before a stock is ranked, it must pass a set of safety tests: the current price must be above the 200-day moving average, relative volume must be above 0.8, the one-year maximum drawdown must be better than minus 20 per cent, and bullish ADX days must exceed 50 per cent. Freefincal says the low-volatility score places the greatest weight on the Ulcer Index, while the momentum score leans more heavily on return and trend measures.
The screener also gives users several ways to filter the list. For low-volatility names, Freefincal recommends focusing first on the Ulcer Index, then on R-squared and the standard deviation of log returns. For momentum, it points readers towards one-year CAGR, alpha and distance from the one-year high. For a blended approach, it suggests looking for high one-year CAGR, a low Ulcer Index and a high R-squared.
Freefincal stresses that the data are derived from past prices and should not be treated as a forecast. The site says the screeners are meant as do-it-yourself tools, not buy or sell recommendations, and warns that the monthly winners will change. It also urges investors to check fundamental factors such as return on equity, debt-to-equity and earnings yield before acting on any screen.
The files are being sold separately: Rs. 300 for BSE 500 data, Rs. 500 for the historical Top 100 file and Rs. 150 for BSE 100 data. Freefincal also says overseas buyers can pay through PayPal, and that the purchase includes discounts on selected courses.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
