All investors want to play with the same toys as the big boys – that is, the institutional investors. Some brokerages offer access to these more sophisticated analytical tools. Most of us make do without this edge.
If you are willing to cobble together your own toolbox of investment analytics, an impressive choice of investment data and analytics is available to the average investor.
- Trading Resources #1: SGX Tools
The Singapore Exchange has partnered with S&P Capital IQ to provide institutional-quality stock screening tools through SGX StockFacts. Everything you need to analyse a stock is at your disposal. A stock screening tool allows you to compare stock ratios across individual stocks and industries.
Have the earnings of your favourite stock unexpectedly plummeted? You can dig deeper and analyse the financials of public companies. S&P Capital IQ’s market analysis research tool Alpha Factor is also at your disposal.
For the more technical trader, Alpha Factor allows you to build your own investment screens across hundreds of alpha signals and trends, and tens of thousands of stocks.
- Trading Resources # 2: Seeking Alpha
Seeking Alpha is where the market goes to hear amateur stock pickers with a winning knack share their technical and analytical prowess with other investors. Did you know that there is a lot more than the insightful investment articles on this site? Click on the PRO tab and stock research tools used by hedge funds and money managers are available to you.
One service allows you to quickly surmise if you should be going long or short a stock, or you can search long and short opportunities by sector and market cap. Seeking Alpha’s proprietary stock coverage is provided, including stocks with little or no coverage. And you will get full access to all of those articles written by your investment peers.
- Trading Resources #3: Briefing.com
Briefing.com – Briefing.com has turned stock news into a useful trading tool by keeping it short and sweet. By providing brief, real-time updates on international stocks, this site is luring investors away from the big investment news sites with news they can use to make quick and informed investing decisions.
Day traders turn to the site for the livestock coverage, as well as updates on market volatility and strategies on how to play the volatility. Guidance on entry and exit points for trades is provided. The site also hosts a respected group of market analysts. All the basic technical tools you need to analyze a stock are provided.
- Trading Resources # 4: Finviz
Finviz – If you want a new way to check up on what stocks are doing during your busy workday, you will want to try out finviz. The stock charting website is part of a trend to use more visuals to get key investment information across faster to investors.
See at a glance which stocks are up and down on the day, then hover over a stock and find out how the whole sector is faring.
Finviz achieves its aim of getting information to you fast. One glance during a meeting and you can get the need-to-know information on your whole portfolio. An exchange-traded funds (ETFs) screen is also provided. For $25 a month, you can upgrade to the Elite version and receive backtesting, advanced screening, correlations analysis, advanced charting, and real-time market data.
- Trading Resources #5: Microaxis
Microaxis – Microaxis is one of the most intuitive online portfolio management and optimization services. All the major financial ratios on your favourite securities and many you have never heard of are provided.
The user-friendly interface makes it easy to compare peer and industry ratios and other benchmarks. The site boasts over 1,200 fundamental, technical and predictive indicators. A robust set of analytic tools are provided. Automated portfolio optimization is another bonus.
Monitor the volatility of your own portfolio and perform correlation analysis to smooth out returns. A robot-advisor was recently added. While its tools have always been intuitive, often spitting lots of good comparative information you had not yet thought of, the growing choice of tools is getting a little dizzying.
- Trading Resources #6: Morningstar
Morningstar – Morningstar still provides one of the most professional and rich investor information options. The company started out analyzing mutual funds and quickly became one of the most reputable investment information sources. If you are trading in ETFs, you will want to make use of the X-Ray tool, which provides detailed information on ETFs and mutual funds. Articles are provided by its top analysts and portfolio managers.
The investment research company services the institutional market, including financial advisors and portfolio managers, as well as individual investors. The company draws on its leading research analysts to give investors an edge, such as fair value discounted stocks, hidden mutual fund gems, and undervalued ETFs.
Basic stock screening tools are provided, as well as a premium offering. Morningstar is a public company, which trades as MORN, with a $3 billion market cap.
- Trading Resources #7: SigFig
SigFig – SigFig is the investment app that smartphone and other mobile device users love. The interface and services are simple and effective. Analyze your portfolio while at your son’s soccer game, enter a stock trade while waiting for a taxi, assess the risk level of your portfolio while waiting for your lunch date. The app is high on visuals making it easy to process information on the go.
Real-time data, technical tools, and analytics have also become important competitive offerings from securities brokerage firms. You may find a very impressive trading toolbox on your online brokerage account in Singapore. If you want to add to these tools, the above trading tools are a good place to start trying out free and low-cost trading data and tools that can improve your trading performance.
Related: Structured Products 101: How to Invest in the Structured Product
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