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Created a free website that simplifies stock analysis

news.ycombinator.com

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Re: Created a free website that simplifies stock analysis

#41

Post by stocknear »

jairuhme wrote: post #38
stocknear wrote: post #29

Earlier quoted context omitted.

Thanks you very much. I started to learn webdev a couple of months ago and I thought "learning by doing" so I started to code this website for fun and as a new challenge for me to learn new skillsets. The endgame of the site would be to help the poor/middle class in the stock market to actually make some profitable trades with the help of simple signals backed by statistics. A nice community where we can laugh and sh…

> help the poor/middle class in the stock market to actually make some profitable trades This is great spirit, but the lower class would probably be better suited for simple index funds. Not that they don't deserve the possibility of higher returns from individual stocks, but it takes quite a bit of time doing proper research to find alpha. It would be a better use of time earning more money or learning about general…

> This is great spirit, but the lower class would probably be better suited for simple index funds.

I fully understand you.

However, I strongly believe to beat the system where the rich people are flourishing too much and the poor are getting poorer everyday due to inflation, there must be some way to stop it. Maybe AGI?

In the meantime I will do everything I can to serve the poor/middle class to survive on better terms during these hard times.

Re: Created a free website that simplifies stock analysis

#45

Post by ak39 »

stocknear wrote: post #39
willvarfar wrote: post #36

All I really want, and I must be blind because I can't find such a site or program, is to anonymously enter some dates and amounts that I brought stock, and see how that investment has be valued on the days since, and compared to alternatives such as mainstream index funds or top performers. Is there anything like that?

I'm not sure myself if this feature exist somewhere for free. However, it sounds very straightforward. I will add the feature to my website. Should be online by tomorrow!

Valuations are straightforward in a world without corporate actions like splits, consols, dividends etc.

Most (all?) data providers rerate historical prices after corporate actions that affect prices and this is not really the correct way to do continuous valuations using the restated prices.

Re: Created a free website that simplifies stock analysis

#47

Post by jzombie »

ak39 wrote: post #45
stocknear wrote: post #39

Earlier quoted context omitted.

I'm not sure myself if this feature exist somewhere for free. However, it sounds very straightforward. I will add the feature to my website. Should be online by tomorrow!

Valuations are straightforward in a world without corporate actions like splits, consols, dividends etc. Most (all?) data providers rerate historical prices after corporate actions that affect prices and this is not really the correct way to do continuous valuations using the restated prices.

Some of them allow you to view adjusted vs. current pricing. Some of them also leave it up to the user to figure out if it's adjusted, so it does take some homework to figure out at times.

Re: Created a free website that simplifies stock analysis

#48

Post by HenryBemis »

stocknear wrote: post #41
jairuhme wrote: post #38

Earlier quoted context omitted.

> help the poor/middle class in the stock market to actually make some profitable trades This is great spirit, but the lower class would probably be better suited for simple index funds. Not that they don't deserve the possibility of higher returns from individual stocks, but it takes quite a bit of time doing proper research to find alpha. It would be a better use of time earning more money or learning about general…

> This is great spirit, but the lower class would probably be better suited for simple index funds. I fully understand you. However, I strongly believe to beat the system where the rich people are flourishing too much and the poor are getting poorer everyday due to inflation, there must be some way to stop it. Maybe AGI? In the meantime I will do everything I can to serve the poor/middle class to survive on better te…

It's not about an AGI solution. Keep in mind if I have access to the _good-AGI_ then Bill Gates will have access to the _better-AGI_ and will always outperform me. For us, the little people, as the parent suggested, spreading our investments to some decent (YMMV/AFAIK) mutual funds will ''''guarantee'''' that desired 13-15-17% growth per year.

I never make it a race against someone else, I only look at the clock and the years till I retire.

Re: Created a free website that simplifies stock analysis

#49

Post by stocknear »

unnamed76ri wrote: post #46

I like what you’ve done here but I’m confused by the AI Price prediction. It seems to show that the price could go up, stay about the same, or go down. That’s true of pretty much any stock. There must be something I am missing.

Price prediction follows a gaussian distribution. The "Highest, Average, Lowest" are showing the value of the 68% confidence level.

Re: Created a free website that simplifies stock analysis

#50

Post by HenryBemis »

moneywoes wrote: post #27

why is signup required for a free product?

I will also assume (I am not connected to the developer) that I/you/we will be able to save "favorites" and other functionality that would 'remain' in the profile (apart from the reasonable reasons the dev explains on his/her response).

I (anyway) use single-use accounts for such services.. doesn't anyone?

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