Sometimes before defining your screening criteria, you want to have a visual impression of how the companies in the full universe are distributed, making it easier to determine appropriate operators and values for screening.
To view single item statistics, follow these steps:
- From the Screen menu, select Item Summary.
- The Item Summary window appears. This window contains the following item statistics for the full universe:
- High - the highest value for the item in the universe
- Low - the lowest value for the item in the universe
- Mean - the average value for the item in the universe
- Median - the median value for the item in the universe
- Standard Deviation - the standard deviation for the item in the universe
In addition, the total number of companies in the database and the number of N/A values for the item are noted.
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Item Summary display.
Item Summary Histogram Table
Below the item's statistics, the item's histogram table is shown. This display groups the values into equal ranges around the item's mean value. The range is calculated as the fraction of the Standard Deviation for the selected item. The fraction of the Standard Deviation used will depend on the Standard Deviation value: the bigger the value, the bigger the fraction that is used. In addition, each bar represents the number of companies within a certain range of values of the specified item, allowing a quick graphical look at how the companies in the universe are distributed.
The item Summary Histogram Table has 3 rows. The first row contains ranges of Standard Deviation Segments fractions on the left and on the right side of the mean. The second row contains the number of companies falling within the particular range. The third row shows the percentage of companies within the particular range.
Tip: Another way to access the Item Summary option is to follow these steps:
- Click your right mouse button on the selected item inside the Items section at the Research Wizard main menu.
- Select the Item Summary option from the drop-down menu.