Hi, ProScreener returns different values (with some inconsistencies) depending on instrument prices and it shouldn’t.
1
SCREENER(3.76117as"s")
According to this screener (applied to UK 300) it should always return 3.76117 or at least 3.76. But as you can see in the attached pictures, it returns:
3.76 for stocks with prices below 100
3.80 for stocks with prices between 100 and 1000, with 2 exceptions of prices above 1000 (RDS A: 1677 ; RDS B: 1688.5)
4 for stocks with prices above 1000
Another example:
SCREENER (0.376117 as "s")
0.38 for stocks with prices below 100
0.40 for stocks with prices between 100 and 1000. Four exceptions: (DIAGEO: 1869 ; BR.AMER.TOB: 3995 ; RDS A: 1677 ; RDS B: 1688.5)
0 for stocks with prices above 1000
It hasn’t got any sense. We are unable to compare stocks performances with this behaviour.