{"id":194975,"date":"2018-09-12T14:19:26","date_gmt":"2018-09-12T08:49:26","guid":{"rendered":"https:\/\/zerodha.com\/z-connect\/?p=194975"},"modified":"2024-02-02T14:40:24","modified_gmt":"2024-02-02T09:10:24","slug":"introducing-stockreport-by-tr","status":"publish","type":"post","link":"https:\/\/zerodha.com\/z-connect\/general\/introducing-stockreport-by-tr","title":{"rendered":"Introducing Stockreport+ by TR"},"content":{"rendered":"

Note: Zerodha has stopped supporting Stockreports+, and new subscriptions will not be accepted. Existing subscribers can use Stockreports+ till their subscription expires.<\/strong><\/p>\n

Investors,<\/p>\n

From the time we went zero brokerage for equity investing in Dec 2015, our client base has grown by over 10 times. A majority of the new clients joining us are investors, and quite a few are first-time investors. As a business, we have stuck to our original belief that the best way to help a client is by educating and providing all the tools that help in decision making, rather than telling people what to buy\/sell. The extremely popular\u00a0fundamental analysis module on Varsity<\/a> has everything an investor would need in terms of analysing a stock fundamentally. What was missing though, was a utility to research stocks based on financial data. There are many websites that put out fundamental data, we didn’t want to build just another stock research page.<\/p>\n

Introducing Stockreport+ by Thomson Reuters (TR)<\/h3>\n

Comprehensive stock report for over 3000+ Indian stocks, updated daily. By far the most detailed report I have seen. This report is typically accessible on Thomson Reuters’ Eikon<\/em>, which costs thousands of dollars annually. However, we have been able to partner with Thomson Reuters and convince them to offer the same report on our platform at\u00a0approximately $2\/month to use. Do try out the sample report<\/a> before subscribing. Since this data is proprietary to TR, these reports can only be viewed and not downloaded.<\/p>\n

Apart from the fact that TR probably has the most reliable and extensive market data which is updated daily (at 11:30 PM every Sunday and Tuesday to Friday) find below some of the features on the report that I liked quite a bit and not easily available elsewhere online.<\/p>\n

12-month stock price targets with high, low, and mean forecast\u00a0–<\/p>\n

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Average score (used to make investment decisions) based on 5 key fundamental components, with complete drill down into each\u00a0component –<\/p>\n


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If you want to check why the above stock scores 2 on relative valuation –<\/p>\n

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Earning per share, actual data for last 4 quarters and for estimates for next 2 with mean, high, and low forecasts.<\/p>\n

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Forward-looking\u00a0fundamental charts of the company, you can compare this with both the broader market and industry-specific\u00a0averages –<\/p>\n

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Analyst coverage with their recommendations\u00a0( in this example, there are 45 analysts tracking the stock) –<\/p>\n

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Make sure to read page 10\/11 of the report which has tips on how to use the report.<\/p>\n

StockReports+ Ratings<\/h4>\n

TR average score combines five widely used investment decision making tools \u2013 Earnings, Fundamental, Relative valuation, Risk, and Price momentum. Tracking these changes aren\u2019t easy, hence we have built the Stockreports+ Ratings tool.\u00a0You can now stay upto date and not miss anything that is changing on a stock that you hold\/track.\u00a0 This will soon be available within Kite holdings, and you will also be able to set alerts using Sentinel.<\/p>\n

https:\/\/stockreports.zerodha.com\/ratings<\/strong><\/span><\/p>\n

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StockReports+ Ratings<\/p><\/div>\n

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Find below a webinar that we had conducted recently on using StockReports+.<\/p>\n