Data Downloader, Buy or Sell Zone, Stock Comparison, Best Performers, Stock Performance, and Equity and Debt Allocator are the six tools available under this feature.
What is the Data Downloader?
The Data Downloader helps you download detailed xls/csv files for indices, sectors, industries, watchlists or portfolios of your choice against a set of parameters.
You can choose up to three built-in metrics from the dropdown menu in the parameters list.
Click on ‘Download Data’ after selecting the stock group and parameters to get the file in an excel format.
What is the ‘Buy or Sell Zone’?
Using the ‘Buy or Sell Zone’ tool, you can check if the stock typically trades above or below its current PE valuation on a standalone and consolidated basis during the chosen date range.
The Price to Earnings ratio (PE ratio) relates to a company’s price to its earnings per share ratio and can be used to analyse if the stock is expensive or cheap.
If the stock is trading above its historical PE levels, it is costlier than usual. If it is trading below, the stock is cheaper than usual.
To check a stock’s buy or sell zone, enter its name in the stock bar and select a date range. You can choose between Price to Earnings or Price to Book Value to generate the report. Price to book value compares a company's market value to its book value.
In the example shown below, the stock selected is Infosys Ltd with a date range of 07/01/2014 to 11/28/2022, and the parameter is Price to Earnings. The stock is in the PE Sell Zone since it historically trades below this PE.
The generated report shows both the standalone and consolidated PE performance of the stock, along with the current PE ‘Buy or Sell Zone’.
The data also shows the P/E range vs percentage of days traded within or below the range.
It also shows the median, average, highest, and lowest P/E values.
You can also find screeners for ‘Buy or Sell Zone’ at the bottom of the page.
These pre-built screeners will help you track stocks that are in the PE Buy Zone, PE Sell Zone, and more.
How can you use ‘Stock Comparison’?
The ‘Stock Comparison’ feature allows you to compare any two stocks in the stock universe on 35+ parameters as well as the metrics in your My Metrics list including fundamentals, technicals and shareholding.
To compare two stocks, enter their names in the bars at the bottom of the screen, and click on ‘COMPARE STOCKS’ as shown below.
The example below shows Infosys vs Tata Consulting Services.
For more information on Stock Comparison, read the FAQs by clicking here.
What are ‘Best Performers’?
The ‘Best Performers’ feature provides you with the list of top-performing stocks in the selected date range, with details on stock price return %, EPS growth %, PE growth %, EPS contribution to returns %, and PE contribution to returns %.
Enter your choices in the ‘Filter stocks’ section to generate the report.
Add a date range, minimum return%, the number of stocks you want on the list, minimum and maximum market cap in Rs, and stock group to generate the report.
In the example shown below, we have selected the date range from 01/03/2022 to 11/29/2022, Min return% as 20, and the stock group as Nifty 500.
The results will be generated as shown below.
You can also download the report in CSV, Excel, or PDF format by clicking on ‘Export’.
What is the ‘Stock Performance’ tool?
Using the Stock Performance tool, you can see the returns % generated by a stock over a period of time.
Select a date range and stock group to generate the report.
Here we have selected a date range of 01/03/2022 to 11/29/2022 and the stock group is Nifty 50.
The results generated are shown below.
Click on ‘Export’ to download the report in CSV, Excel or PDF format.
What is the ‘Equity and Debt Allocator’?
The Equity and Debt Allocator tool provides you with a strategy for moving your funds between equity and debt depending on the market conditions.
It lets you choose an index, initial investment amount, and PE thresholds for equity to debt and debt to equity ratio.
For instance, If the PE goes above or below the desired threshold (check recommended ratio), you can move your funds into debt from equity or vice versa.
Here, the ideal PE threshold to move investment from equity to debt is 28.53 and debt to equity is 23.61. The recommended PE threshold to move your investments will be denoted in parentheses in the ‘Configure’ section
Click on submit to see strategies, as shown below.
Depending on where the PE threshold is set (within the recommended value or above it), the risk strategy will change.
If the PE threshold for equity to debt is set at 26 and debt to equity at 22, the strategy will be as shown below.
If the PE threshold for equity to debt is changed to 30 and debt to equity to 26, the strategy will also change as shown below.
The gains change depending on the reduced risk strategy and classic buy and hold. Using this, you can analyse the risk and plan your allocation.