- User Experience
- Analysis Capabilities
If you’re in the trading world, you may have heard of Stockopedia. Stockopedia is a platform designed for long-term investors. Stockopedia offers its own research, predefined screens, and more interesting features. Sound like the platform for you? Before you buy, read our review of Stockopedia and learn more.
Stockopedia is a quality platform for long-term investors looking to generate new stock ideas. The service offers its own research in the form of StockRank scores and predefined screens. Plus, you can easily create your own stock screens based on fundamental data and track your portfolio performance over time. Overall, Stockopedia is a well-built platform for investors that won’t break the bank.
Stockopedia charges $50 per month for access to US stocks, including the NYSE, NASDAQ, and OTC markets. You have the option to add international markets for an extra cost, although prices vary by market. For example, the London Stock Exchange costs an additional $15 per month, European stock data (including for UK stocks) costs $50 per month, and Asian market data costs $50 per month.
You can try out Stockopedia free for up to 14 days. If you do decide to subscribe, you can save money by opting for an annual plan ($425 per year) or a biannual plan ($750 for two years).
Stockopedia offers many features in one platform. They offer stock screens that are similar to Zacks proprietary screens, custom screens that are similar to IBD’s Marketsmith, and analyses that are similar to Finbox. Of course, Stockopedia’s offerings are unique and offer great value to many investors. Let’s take a closer look.
Predefined Stock Screens
One of the best things about Stockopedia is that it comes with a variety of pre-build stock screeners. These are generally built around the platform’s rank scores, which cover factors like growth, momentum, value, and quality. For example, the ‘Top GrowthRank’ screener looks for stocks that have high one-year earnings growth, expectations for increased earnings growth from analysts, and increasing sales.
Importantly, Stockopedia is upfront about how these screens have performed over time. You can pull up performance data for just the past few months or year, or since the screener was created. Some of the screens that you’d expect would do the best, like ‘Top StockRanks,’ have far underperformed the S&P500, while others, like ‘Top GrowthRank’ has returned 125% over the past five years (compared to 22% for the S&P 500).
Build-your-own Stock Screens
Of course, Stockopedia also lets you create your own custom stock screens. The nice thing about this feature is that you can pull in the same ranking data that the pre-built screens use, such as GrowthRank, ValueRank, and overall StockRank.
The screen builder also has an impressive variety of fundamental filter parameters available. To list a few examples, you can screen based on earnings growth, book value growth, analyst forecasts, and dividend yield. Stockopedia has a few price-based filters to help you look for momentum stocks, but there are otherwise very few screen parameters built around technical studies.
Portfolio Tracking and Watchlists
Long-term investors will love Stockopedia’s portfolio tracking and watchlist tools. The platform allows you to import transactions from a CSV or to add stocks to a portfolio or watchlist with a simple search tool. From there, you can easily see the performance of your portfolio or an aggregate watchlist compared to the S&P 500. You can also quickly see Stockopedia’s overall StockRank score for each company you hold, as well as flip through a variety of table views to look at fundamental data.
Stockopedia also has three interesting bubble plot charts that let you look at all your holdings in terms of quality, value, momentum, and growth. These charts are based on the platform’s rank scores in each of these categories, so take them with a grain of salt. But, they allow you to quickly divide your portfolio into high-value, high-potential stocks and overpriced, low-potential stocks to enable decision-making.
The last notable feature that Stockopedia offers is stock reports for every individual company. These go well beyond the standard summary of a company you’ll find on other platforms like Yahoo Finance and Finviz. You can see what both retail and institutional investors are rating a stock, the estimated price-to-book ratio, health trend and bankruptcy risk scores, and financial data going back five years or more. These reports are extremely comprehensive and are a significant asset for doing research into whether a company is worth holding for the long term.
Stockopedia Customization and Layout
Stockopedia is customizable within reason. You can’t change the layout of most pages, although you also don’t need to – the platform is very user-friendly even as it displays a vast amount of data. However, you can save your own custom stock screens for easy access in the future, and there’s no limit on the number of portfolios and watchlists you can create. For portfolios, you can also choose which index you want to benchmark performance against.
None of the features in Stockopedia are entirely unique. Still, this platform does a nice job of bringing together a massive amount of fundamental stock data and making it accessible. The StockRank scores are a major plus for creating screens and evaluating stocks, even if the screener performance reveals that they’re not always correct. Tools like the rank vs. rank bubble plots of your portfolios and the extremely detailed stock reports are also major draws to this platform. Although Stockopedia isn’t cheap, it’s very much in line with other fundamental stock analysis platforms, many of which aren’t as seamless to use.
Is Stockopedia Worth It?
Stockopedia is worth it for certain types of traders. It is built for medium- and long-term investors who want to buy stocks based on company fundamentals. Technical analysis is almost nonexistent on this platform, and the default time horizon for most charts and stats is one or five years. The quality, value, growth, and momentum ranks that form the foundation of this platform are based on fundamental analysis, and the stock reports contain a wealth of financial data for fundamental traders to use. So, this platform is ideal for investors who want a significant amount of data aggregated in a way that can be easily used for decision-making.
- Data for international stocks available
- Stock reports are incredibly detailed
- Bubble plots allow quick analysis of your portfolio
- Predefined and custom fundamental-based stock screens
- Very user-friendly interface
- Price isn’t cheap (although not overly expensive, either)
- StockRank scores have a mixed performance record