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This is a very competitive field, with dozens of options. I have done extensive research myself in the past looking for screeners that provide enough functional
by karl11 9y ago
This is a very competitive field, with dozens of options. I have done extensive research myself in the past looking for screeners that provide enough functionality for my needs. I'm curious what problem you're attempting to solve vs. all the current entrants in this space? FWIW, I really like your UI + speed.
Things that I have had trouble finding executed well elsewhere (besides the super expensive tools like Factset, Bloomberg, etc) are: a) ability to program your own metrics or criteria w/ formulas and b) ability to leverage historical data beyond current and one previous fiscal year for very select data points.
By the way, I currently use Stock Rover, which has the most functionality I could find at a reasonable price. I do not like the interface but it works. Have tried many others.
- iShrimp 9y agoThat was a scratch your own itch project; just so you understand we (folks behind stockrow) are hobby investors who do not plan to pay for services like bloomberg and ycharts yet require tools and access to data in simplest possible form. For us problem is that all screeners (and tools) that are available are either slow, dumb, lack flexibility, are really hard to use or expensive (or all of the above combined). So what we did with two friends of mine — we've created our dream product: simple and fast with all data freely available. It is still in it's infancy but we keep adding things that we need and improve it so it suits us. Sorry to say but we do not plan custom metrics at this point as this is beyond our capabilities as investors at this points (frankly speaking we do not need them, but if voices are loud enough we might consider that options) but we do plan to introduce backtesting at some point. I know about StockRover but for me UI is really complex; I need a screener where I can get results almost instantly without much thinking or clicking around.
- karl11 9y agoThanks for the reply. Agree w/ you on all counts for StockRover; I like your UI much better.
- iShrimp 9y agoThanks :-)
- mox1 9y agoAs a small time hobby investor, I basically gave up finding a stock screener that was affordable. This looks great, I'd definitely pay a few dollars a month for something like this.
- qorrect 9y agoI've been looking for exactly this tool, looks and behaves really great Im looking forward to using it!
- DeBraid 9y agoFirst off, neat tool! I see Finviz.com does much of the same for free. > we (folks behind stockrow) are hobby investors who do not plan to pay for services like bloomberg and ycharts yet require tools and access to data Respectfully, you do not require tools and data. You need to play a winners game and not pick stocks. Key to winning investing is to lower fees and taxes. Why? > Contrary to their oft articulated goal of outperforming the market averages, investment managers are not beating the market: The market is beating them. via "The Loser's Game" by Charles D. Ellis, written in 1995. www.cfapubs.org/doi/pdf/10.2469/faj.v51.n1.1865 A related podcast with the legend Charlie Ellis (via Masters in Business radio podcast). Mr. Ellis is a former chairman of the Yale University Investments Office and CFA Institute and one-time director of Vanguard Group. He also is the author of "Winning the Loser’s Game: Timeless Strategies for Successful Investing." https://www.bloomberg.com/view/articles/2017-04-17/charles-ellis-on-the-passive-investing-fallacy https://www.bloomberg.com/view/articles/2017-04-17/charles-e...
- jeffshek 9y agoFor the record - I used to work at YCharts. One of our loved features was the Screener - we modeled to make it as easy-to-use with setting your own custom metrics and really good timeseries information. It's cheaper than FactSet and Bloomberg, and you can try a free trial from the site pretty easily.
- karl11 9y agoI am a paying customer of YCharts and like it a lot generally, but the screener is actually lacking IMO. It does not have any historical data beyond TTM, though you are correct that you can create formulaic metrics. One of the things I like to screen for is growing revenue over multiple years, not just TTM; with screener from the OP here, YCharts and many others, that's not an option.
- krashidov 9y agoAs someone who is completely ignorant about this field of work, can someone briefly explain to me what the difference between something like stockrow.com and google finance is?