Ziggma Review

  • Value
  • Quality
  • Performance
  • Ease of Use
3.8

Summary

Ziggma is a platform designed to help users find top investment ideas and manage their trading portfolios all in one place. This platform uses 32 fundamental financial metrics to provide algorithm-based scores for the growth, profitability, valuation, and financial position of new stock picks. Additionally, Ziggma also offers stock analysis tools, a stock screener, portfolio tools, and backtesting. Check out our complete Ziggma review now to learn more before making your final decision.

About Ziggma

Ziggma is an affordable platform for finding new investment ideas and managing your portfolio. It’s fairly easy to use, offering algorithm-based scores to help you find and analyze top-performing stocks. Ziggma is built primarily around fundamental analysis, so it’s best suited for investors with a time horizon of several months to several years.

In our Ziggma review, we’ll take a closer look at this platform to help you decide if it’s right for you.

Ziggma Homepage

Ziggma Pricing Options

Ziggma offers a free plan that includes most of its portfolio management features, stock screener, and stock scores. If you want access to a list of top-scoring stocks, the portfolio simulator, or backtesting tools, you’ll need to upgrade to the Premium plan. A Premium subscription costs $9.90 per month or $89 per year.

Ziggma Pricing

Ziggma Features

Ziggma Score

One of the main features that Ziggma offers is its algorithm-based stock scores. Ziggma uses 32 fundamental financial metrics to give each stock a score from 0-100 across 4 categories: growth, profitability, valuation, and financial position within its industry. Each stock is also assigned an overall score.

This scoring system seems to work. From 2011 to 2020, a portfolio of stocks with Ziggma scores in the top 10% of their respective industries produced a return of 404% compared to 176% for the S&P 500 over the same time period.

Stocks’ overall Ziggma scores are available to all users, including free users. However, you must upgrade to a Premium subscription to see category score and to see how a stock compares to competitors in its industry.

Ziggma also keeps an up-to-date list of the top 5 highest-scoring stocks across the 10 fastest-growing industries (based on projected revenue growth). This offers a quick, simple way to find stocks that might be worth adding to your portfolio.

Ziggma Top 50 Stocks

Stock Analysis

Ziggma offers moderately detailed analysis for all US companies with a market cap greater than $100 million. Each stock has its own profile page where you can see its Ziggma scores, analysts’ consensus price target, and basic charts for key fundamental indicators. You can also dive into a peer comparison, which lets you compare metrics like P/E, EPS growth, recent performance, and Ziggma category scores.

Ziggma Peer Comparison

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Perhaps the best part of Ziggma’s stock pages is the pros and cons list. This offers a brief, easy-to-understand summary of the metrics that a stock is performing well on and the metrics it’s falling behind on. These strengths and weaknesses are determined algorithmically, so use them as a starting point for research rather than a forecast.

Ziggma Stock Page

Stock Screener

Ziggma offers a relatively basic stock screener that lets you filter stocks based on financial metrics, Ziggma scores, and industry. You can save custom screens, and the platform offers 11 built-in screeners for different industries and growth scenarios. 

Ziggma Stock Screener

Portfolio Tools

Portfolio management is another major aspect of Ziggma. The platform makes it easy to import a virtual portfolio from most brokers using Plaid, although you can’t place orders directly from Ziggma. You can also import watchlists from Yahoo! Finance. There’s no limit to the number of portfolios and watchlists you can have, even with a free account.

A portfolio overview lets you easily monitor the performance, Ziggma scores, and weight of each stock in your portfolio. You can dig in further with charts showing how your portfolio is diversified across sectors, companies, and Ziggma score tiers. The platform also offers tables to give you a quick overview of your holdings in terms of key fundamental and technical indicators.

Ziggma Portfolio Overview

Ziggma also offers a portfolio simulator for Premium subscribers. With this tool, you can see how some key aspects of your portfolio will change if you execute a trade of a certain size. For example, Ziggma shows how your portfolio’s average P/E and EPS growth will change. However, you can’t break this simulation down by industry unless you create a new sub-portfolio, so it’s not as useful as it could be.

Ziggma Portfolio Simulator

Another neat tool within Ziggma lets you quickly build a portfolio from scratch. Simply enter the amount you want to invest, your risk tolerance, and the industries you want to include, and Ziggma will suggest a portfolio of around 20 stocks, complete with the number of shares to purchase of each. It’s hard to see how this tool will be useful for more experienced investors, but it’s free and can be handy for investors who are building a portfolio for the first time.

Ziggma Portfolio Builder

Backtesting

Premium users get access to a simple backtesting tool that models the value of your portfolio if you were to invest in it wholesale on a specific date in the past.

We found this tool to be pretty disappointing since it doesn’t provide any actionable information about whether a specific investment strategy is working or not. The backtesting module doesn’t offer information about how the value of your portfolio changed over the course of the simulation or about what individual holdings over-or under-performed. It also doesn’t show you how the simulated performance compares to your portfolio’s actual performance.

Ziggma Backtesting

Compatible Brokerages

Ziggma uses Plaid to connect with most major brokerages, including Robinhood, Merrill, Charles Schwab, Fidelity, and Stash. You can also import portfolio data from a CSV or from Yahoo! Finance.

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💰  Best Stock Picking Service
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📱  Best Mobile Broker
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💻   Best Robo-Advisor
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Platform Differentiators

Ziggma makes it easy to find new stocks to invest in, thanks to its algorithmic scoring system. The platform’s stock profile pages also do a relatively good job of summarizing financial information, although most of the analysis is algorithm-generated rather than based on human analysis. The portfolio management tools also do a nice job of helping your track your performance, especially if you have accounts at multiple brokers.

Although Ziggma does have some more hands-on tools like a stock screener, portfolio simulator, and portfolio backtesting module, we found these features to be somewhat lacking. The stock screener only includes a handful of filter parameters, while the portfolio simulator and backtesting modules don’t offer enough depth of information to make them actionable.

What Type of Trader is Ziggma Best For?

Ziggma is best-suited for medium- to long-term investors. The platform’s scoring system is based solely on fundamental indicators and doesn’t take short-term price action into account. In addition, the portfolio management tools are better suited to investors looking to build a balanced long-term portfolio than they are to short-term traders.

While we like Ziggma’s free tools, we don’t think a Premium subscription adds much value. The Top 50 stocks list can be useful for generating investment ideas, but the simulator and backtesting tools aren’t well-designed.  

Pros

  • Free portfolio management tools with broker integrations
  • Stock scoring system based on fundamental metrics
  • Compare stocks across industry peers
  • Top 50 stocks list to generate investment ideas
  • Very easy to use

Cons

  • Backtesting and simulation features lack depth
  • Stock screener has relatively few filter parameters