Prioritize candidates before valuation.

FactorLab is not a valuation model. It ranks research candidates using market factors plus qualitative thesis strength, demand/supply changes, and bottleneck power.

UniverseGlobal liquid sample

Eligible12 / 12

PIT guardAccepted

Screen builderfactor_plus_thesis_screen

Accepted

Market tape

Momentum, value, and volatility show how the market is currently pricing the name.

Business quality

Financial quality is the accounting base; thesis quality captures qualitative durability and optionality.

Industry setup

Demand/supply and bottleneck power capture capacity constraints, scarcity, and pricing pressure.

Momentum18%Financial quality18%Value14%Low vol8%Thesis quality18%Demand/supply14%Bottleneck10%

Selected stepcomposite_score

deterministic

Handle: score
Input: market factors + qualitative thesis + demand/supply + bottleneck
Params: weights=momentum:0.18,quality:0.18,value:0.14,lowVol:0.08,thesis:0.18,demandSupply:0.14,bottleneck:0.10
Plain meaning: Combines market factors, qualitative thesis, demand/supply setup, and bottleneck power.

Runnable speccopied as JSON

{
  "name": "factorlab_point_in_time_screen",
  "version": "0.2",
  "asof": "2026-06-24",
  "topK": 5,
  "universe": "global",
  "minLiquidity": 0.65,
  "maxResidualVol": 0.5,
  "neutralizeSector": true,
  "includeFutureReturn": false,
  "weights": {
    "momentum": 0.18,
    "quality": 0.18,
    "value": 0.14,
    "lowVol": 0.08,
    "thesis": 0.18,
    "demandSupply": 0.14,
    "bottleneck": 0.1
  },
  "sources": {
    "prices": {
      "adapter": "sample_equity_prices",
      "pointInTime": true
    },
    "fundamentals": {
      "adapter": "sample_fundamentals",
      "lagPolicy": "filed_date_lte_asof"
    }
  }
}

Run stateRanked candidates

Returned: 5

Eligible12

Returned5

Score0.32

Rank	Ticker	Score	Sector	Why it ranked
1	MSFTMicrosoft	0.32	Software	Financial quality 1.37zLow vol 1.17zValue -0.82z Distribution, enterprise lock-in, and AI platform optionality remain strong.
2	METAMeta Platforms	0.27	Software	Momentum 1.15zDemand/supply 0.56zThesis quality 0.49z Advertising scale and AI ranking improvements support the thesis.
3	ASMLASML Holding	0.00	Semicap equipment	Bottleneck 2.25zDemand/supply 1.93zThesis quality 1.64z EUV monopoly, installed-base service lock-in, and process-node dependency.
4	TSMTaiwan Semiconductor	0.00	Semiconductors	Demand/supply 1.66zBottleneck 1.53zThesis quality 1.46z Scale, process leadership, and customer trust support long-duration compounding.
5	LVMUYLVMH	0.00	Consumer luxury	Demand/supply -1.63zMomentum -1.41zLow vol 0.83z Brand portfolio is high quality, but demand normalization weakens near-term setup.

Audit trailThis is the part that matters: every run records the date filter, data coverage, ranking rule, and refusal reason.

Screen date 2026-06-24.
12 of 12 names passed point-in-time filters.
Sector means were removed before ranking.
5 candidates returned.