MELQUIADES
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ABOUT · MELQUIADES SCREENER · 2026
MELQUIADES — ABOUT
QUANTITATIVE VALUE
STOCK SCREENER
500+ global stocks · 10 regions · 4 factors · Wesley Gray QV methodology
01PROJECT

Melquiades is a quantitative value stock screener built on the methodology from Wesley Gray and Tobias Carlisle's Quantitative Value (2012). It ranks global stocks across 10 regions on four fundamental factors — TEV/EBIT, Piotroski F-Score, ROIC, and Accruals — producing a single composite QV Score. No editorial judgement. No narrative. The numbers.

The name comes from García Márquez's One Hundred Years of Solitude. Melquiades is the wandering Gypsy alchemist who arrives in Macondo bearing strange instruments — magnets, telescopes, ice. He could decode patterns others dismissed as chaos. His parchments, written in a language no one understood, contained the entire history of the Buendía family before it happened.

“THE FINANCIAL STATEMENTS ENCODE THE FUTURE IN A LANGUAGE MOST INVESTORS DON'T BOTHER TO READ.”

That's the bet: cheap, financially healthy businesses will eventually be recognized as such, and a disciplined unemotional screen — applied consistently across thousands of stocks — will outperform human stock-picking over long horizons.

02METHODOLOGY CREDIT
Gray & Carlisle — Quantitative Value (2012)
Wiley Finance · ISBN 978-1118328071

The composite ranking methodology — equal-weighted percentile ranks of TEV/EBIT, F-Score, ROIC, and Accruals — is derived directly from Gray and Carlisle's systematic backtests across US and global equity markets. Their research showed the four-factor composite beats any single factor in isolation and outperforms human stock-picking across every market studied.

Additional factor foundations: Piotroski (2000) for F-Score, Altman (1968) for Z-Score, Sloan (1996) for the accruals anomaly, and Greenblatt (2005) for the Magic Formula earnings yield concept.

[→] FULL METHODOLOGY DOCUMENTATION
03STACK
FRONTEND
Next.js 14 · TypeScript · Tailwind · shadcn/ui
Vercel · auto-deploy on push to main
BACKEND
FastAPI · Python 3.11 · pandas
Docker · Hetzner CX22 · nginx
DATABASE
PostgreSQL 16
Docker internal network · SSH tunnel for local
DATA
yfinance · 940 tickers
Local refresh script · ~15–20 min
melquiades.app → Vercel (Next.js) · api/* rewrites → api.melquiades.app → nginx → FastAPI:8000 → PostgreSQL
04GITHUB

Melquiades is open-source. The QV engine, factor formulas, and data pipeline are all readable and auditable — no black box. The academic methodology is public, the data is available, the engineering is not complicated. If you find a bug or a better factor formulation, open a pull request.

[→] GITHUB — giuseppesiragusax/melquiades
05DISCLAIMER
⚠ NOT FINANCIAL ADVICE
>Melquiades is an educational research tool, not an investment advisor. Nothing on this site constitutes financial advice, a solicitation to buy or sell securities, or a recommendation of any specific investment.
>The QV Score is a ranking of fundamental attractiveness based on historical financial data. It says nothing about future price performance, upcoming catalysts, or short-term direction.
>Past factor performance does not guarantee future results. Factor premia are not guaranteed to persist — arbitrage reduces returns over time.
>Always do your own due diligence. Read the filings. Understand the business. Consult a qualified financial professional before making investment decisions.
MELQUIADES — ABOUT|GRAY QV METHODOLOGY · 2026● LIVE · F10 CRT · 20:09:01 UTC