Final Up to date on Feb 21, 2025 by Harshit Singh
To repeatedly provide a greater inventory evaluation expertise on Tickertape, we now have launched a model new characteristic in our sequence of updates. Right here’s a touch. Summarising inventory evaluation, say, in below 2 minutes, appears unreal, isn’t it? However we thought, why not make it simpler for you? Right here’s what we did to expedite your inventory evaluation course of.
What’s new on Tickertape?
One of the vital cherished options of Tickertape’s Asset Pages is the helpful ‘Funding Guidelines’, which helps make fast evaluation on the viability of an funding. Earlier, this was solely centered on qualitative knowledge. However since investing is a pure quantity sport, readability and entry to clear quantitative knowledge are paramount when making a choice.
That’s the reason we now have launched the ‘Scorecard’, which makes the guidelines quantitative. Be taught extra in regards to the Scorecard right here. Extra about it right here:
1. Get quantitative insights on fast inventory evaluation
The Scorecard assigns scores or ranks to necessary parameters you’d have a look at when evaluating a inventory. The scores are as follows:
- Efficiency and monetary rating: First 4 playing cards, specifically, Efficiency, Valuation, Progress, and Profitability, summarize the efficiency and financials of the corporate with scores on a scale of 0 to 10. Word that this can be a Professional-only characteristic. Subscribe to an acceptable Tickertape Professional plan to entry it.
- Entry level primarily based on fundamentals and technicals: These playing cards assist consider if a inventory is price shopping for on the present value relative to its intrinsic worth and on the present value (primarily based on technical indicators).
- Crimson flags: These are divided into 5 separate metrics to provide you readability on what precisely the purple flags are.
These scores give actionable info and will let you make faster, data-backed conclusions on whether or not a inventory is nice to spend money on or not. Furthermore, these take the inventory’s friends into consideration, so you understand how a specific inventory is faring within the trade.
2. Clear scoring system
The Scorecard may be very clear in regards to the knowledge that’s used to assign scores. While you broaden every of the above Scores, you’ll find the metrics utilized in calculating them. As an illustration:
- Efficiency Rating is calculated utilizing 1Y return, 5Y CAGR, and 1Y forecast. Word that you’d should be a Tickertape Professional Member to entry this characteristic.
- Valuation Rating is calculated utilizing the PE ratio, PB ratio, and P/CFO.
- Crimson Flags is a mixture of 5 objects: promoter pledged holding, ASM and GSM lists, likelihood of default, and unsolicited messages.
By introducing the all-new Scorecard, we needed to make inventory evaluation higher and faster for you! However extra importantly, we needed to provide you actionable info in a clear manner that can assist you perceive why a specific rating is justified! We hope you get pleasure from utilizing this characteristic simply as we loved constructing it. Replace your Tickertape app at this time to strive it out.
Harsh Paul is an Affiliate Product Supervisor at Tickertape. As a full-time make investments pod bot, he thrives on dealing with market knowledge and discovering new methods to make finance extra accessible. Additionally, Harsh is an FRM charterholder.
