Stock Rover Screener Review
Stock Rover is a useful tool for portfolio management and unique fundamental analysis. Stock Rover is ideal for long-term investors and people with self-directed retirement accounts. Stock Rover is also a good fit for sophisticated investors seeking to avoid the fees associated with professional wealth management firms. The quality of the fundamental analysis tools is so high that I could see professionals using the service as well.
Stock Rover provides an enormous number of unique, pre-built fundamental screeners. No matter whether you're a new investor trying to build a portfolio or a professional trader, you will surely find a scan of interest to you. You can find stocks inspired by "Buffettology", companies with increasing Altman Z-Score, Quality-Oriented GARP, Improving Analyst Ratings, Out of Favor "Dogs", High F-Score, Large Cap Momentum and many, many more.
Once you choose a screen, you will be taken to a page with information about the strategy. In the example below, I have chosen "Buffettology". By viewing the strategy's performance versus the S&P 500, we can see that the Buffettology strategy has beaten the S&P 500 over the last 12 months by a considerable amount. There are many ways to order the data. I have chosen to display each constituent stock by scores. I chose to sort the constituents by Piotroski F-Score descending and zeroed in on Applied Materials. After I have chosen a stock from within the Buffettology strategy, I am provided with valuable information about analyst opinions on the stock. It is important for you to know that I am not recommending AMAT as a stock to purchase, I am simply using it as an example for the purposes of this review.
In the example above, you will notice that there are several windows aggregated into one view. However, you can pop out and maximize each window to get a better view. Alternatively, you can use the navigation sidebar on the left side of the screen to switch between layouts. See the example below to see the "Table" layout view coupled with the "Scores" tab. Take note that you can view the information by a host of other tabs such as Analyst Grades, Financial Health and Return vs. the S&P 500. Each view provides a wealth of information about each stock discovered using the Buffettology Inspired screen.
By selecting the "Chart" view, we can view a large chart. In the example below, I have selected a line chart of AMAT to compare against the S&P 500 performance over the previous 12 months. The blue line is AMAT and the green line is the S&P 500. Additionally, I have added an RSI study to the chart. There are many other technical studies to choose from including moving averages and Bollinger bands.
By selecting the "Insight" view and choosing the "Analysts", we can see that Applied Materials is a "Buy" according to an average of 19 analyst opinions. The average target price is $124 which is more than 5% higher than the current price. Over the last few months, "Strong Buy" ratings have been increasing.
Another interesting tab within the "Insight" view is the "Visuals" tab. Within the visuals tab, an investor can view "Vs. Peers" to see how AMAT compares to its industry peers on key accounting ratios and stats such EV/EBITDA and Forward P/E. I found this to be a highly useful feature considering that most accounting ratios are irrelevant when compared to the ratios of companies in unrelated industries.
Looking at the "Statements" tab gives an investor quick access to all three accounting statements: the income statement, balance sheet and statement of cash flows. Notice in the screenshot below that figures are presented for the last 10 years. A helpful bar graph is included to show how AMAT's line items changed over time.
Stock Rover allows you to connect to multiple brokerages to import all of your data. The "Portfolio Analytics" section provides an investor with valuable information on their portfolio. The portfolio analytics page provides figures for portfolio beta, IRR, sharpe ratio, volatility and max drawdown. An investor can also see how their portfolio performs against the S&P 500 by detailing information on correlation, return and volatilty versus the index. In the screenshow below, I have selected the "Risk and Reward" tab so you can see how my sample portfolio composed of FANG stocks performed versus the S&P 500 over the last 3 months.
Looking at the "Value Over Time" tab lets us see how my sample portfolio has changed over time. In the example below, we are provided with metrics such as ROI and apperciation in dollars over the last 3 months.
The "Portfolio Rebalancing" section allows an investor to see how performance and other ratios might change if portfolio allocation changed. In the example below, I altered my sample FANG portfolio to include AAPL (Apple, inc.) stock. I also changed the portfolio to be equal weight among all five stocks. After I made these changes, the system told me that my sharpe ratio increased by .06 and my portfolio beta fell by 0.05.
By choosing the "Metrics" tab, I can see how key fundamental ratios change when I add AAPL to my sample FANG portfolio. In the screenshot below, you can see that the addition of AAPL stock to the portfolio reduced my projected earnings growth. However, my dividend yield rose from 0% to 0.7%.
Checking the "Sectors" tab lets us know how balanced our portfolio is between sectors. In the example below, we can easily see that my sample portfolio is poorly balanced between sectors. However, the addition of AAPL slightly alleviates my problem.
Lastly, an analysis of portfolio correlation can be performed within "Correlation" section. In the image below, you can see that over the last three months AAPL stock has not had much of a correlation with the rest of my sample portolio.
The Stock Rover dashboard offers traders a snapshot of information that a typical trader would like to know at any given time. At a glance, an investor can see the performance of the S&P 500, Nasdaq and Dow Jones. Additionally, a trader can see the yield on the 10 year US Treasury note, crude and gold prices, the VIX, and how each sector is performing as well. Perhaps most importantly, an investor can see how their personal portfolio is performing.
The "Markets" tab shows investors activity in a variety of markets. A trader can view activity in stocks, ETFs, bonds or commodities. It is also possible to view analyst research reports provided by Left Brain Research. Perhaps the most useful section of the markets tab is a feed of daily analyst ratings. Below is a screenshot of information related to the bond market.
The "News" section allows an investor to see a news feed of market-wide activity or activity related to a specific symbol. The news feed for market-wide activity is provided by Google News and Investing.com. The symbol-specific feed is provided by Benzinga and Yahoo News. Below is a screenshot showing the news feed for symbol AMAT (Applied Materials):
The "Ratings" section displays ratings against peers based on growth, valuation, efficiency, financial strength, momentum and dividends. In the example below, I have chosen to analyze WalMart (WMT) in order to compare it against other companies in the same sector.
It is possible to drill down into each metric by clicking on a specific tab. By choosing the "Valuation" tab, I am given valuable information on how WMT stacks up against its peers. The information is presented in an interesting format. Notice how peer vaulation ratings are displayed within the bar of the bar graphs provided for Price/Earnings, GARP, PEG, EV/EVITDA.
Stock Rover offers a variety of subscriptions. The price varies based on whether you pay monthly or annually.
1. The Essentials plan is $7.99/mo. if paid monthly or $79.99 if paid annually ($6.67/mo. equivalent). You can also purchase a 2-year subscription for $139.99 ($5.83/mo. equivalent)
2. The Premium plan is $17.99/mo. if paid monthly or $179.99 if paid annually ($15/mo. equivalent). You can also purchase a 2-year subscription for $319.99 ($13.33/mo. equivalent)
3. The Premium Plus plan is $27.99/mo. if paid monthly or $279.99 if paid annually ($23.33/mo. equivalent). You can also purchase a 2-year subscription for $479.99 ($20/mo. equivalent)
Research Reports can be added to any plan for $49.99/yr. or $99.99/yr. without a plan.
Stock Rover Review by: Kyle Mason