One of the aspects that investors take a look at when it comes to the stock market, is whether the company has seen a recent move from loss to profit in their performance. Does this factor alone, make a positive difference?

A screener we built looks at QoQ turnaround, and suggests that overall: no, the markets are not persuaded by just a turnaround improvement from loss to profits. Companies like Majesco and Paramount Communications for example, which had results come out in the last week, didn't experience much gain in share price despite a move from loss to profit apart from a brief bump on the day of the results. This was also the case for Maral Overseas, Sicagen India and Hindusthan Urban Infra. The turnaround screener has these result filters built in, and is available (and editable) for subscribers. You can subscribe at 50% off here.