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Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

signalbloom.ai

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Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#31

Post by WheatMillington »

dchuk wrote: post #29
WheatMillington wrote: post #25

Earlier quoted context omitted.

I disagree with this. Zero is an arbitrary and often useless intersection. A stock worth $300 is going to show meaningless movements at that scale.

That’s the exact point?

No, it isn't. People are interested in whether a stock has volatility, and whether it has moved x%. If a $10 stock loses $1 it should show a roughly matching pattern to a $200 stock losing $20. Intersecting at zero will show a very large movement for the $10 stock and a very small movement in the $200 stock, despite the effect being the same to stockholders.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#32

Post by farrellm23 »

WheatMillington wrote: post #25
dchuk wrote: post #23

Well done site. One important nit pick: never use charts that don’t start from 0 on the y axis. I was looking at a stock that had a yoy growth rate reduction of 6% (from 39 to 33 for each respective yoy period), and the chart showed an aggressive down to the right trend line because the y axis started at 33% instead of 0%. Charts like that show more detail sure, but everyone freaks out in reaction to them. Always zer…

I disagree with this. Zero is an arbitrary and often useless intersection. A stock worth $300 is going to show meaningless movements at that scale.

Adding to this, stock prices should be plotted on a log scale since it is log returns that are roughly normal, and then 0 really makes no sense.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#34

Post by solresol »

It seems to be the season for scraping SEC filing archives and running them through AI bots to extract information. I made this:

https://boards.industrial-linguistics.com/

It only looks at information about directors on company boards, and unlike your much better project, I don't have any clear idea how to commercialise it.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#36

Post by degamad »

WheatMillington wrote: post #31
dchuk wrote: post #29

Earlier quoted context omitted.

That’s the exact point?

No, it isn't. People are interested in whether a stock has volatility, and whether it has moved x%. If a $10 stock loses $1 it should show a roughly matching pattern to a $200 stock losing $20. Intersecting at zero will show a very large movement for the $10 stock and a very small movement in the $200 stock, despite the effect being the same to stockholders.

> Intersecting at zero will show a very large movement for the $10 stock and a very small movement in the $200 stock...

How so? Surely both will show a 10% movement?

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#37

Post by anshumankmr »

martinbaun wrote: post #4

I was thinking of building exactly this type of thing here. This is great and I love the simple/minimalistic styled pages. Things I was also contemplating to implement you can freely steal: 1. Giving a list of potential interesting investments - these could also be behind paywall. 2. Summarize based on sectors to see where there's downturns coming - again maybe paywall this 3. Connect with news-sites or twitter etc..…

Was figuring out how to do the same thing, but for an Indian context, and specific to one's portfolio, by perhaps reading emails. Was still ideating it, cause I am working on another thing at the moment.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#38

Post by vincnetas »

dchuk wrote: post #23

Well done site. One important nit pick: never use charts that don’t start from 0 on the y axis. I was looking at a stock that had a yoy growth rate reduction of 6% (from 39 to 33 for each respective yoy period), and the chart showed an aggressive down to the right trend line because the y axis started at 33% instead of 0%. Charts like that show more detail sure, but everyone freaks out in reaction to them. Always zer…

One child comments makes a better suggestion. Display only a change in % since period start. Who cares about the absolute price. You only care about percentage change.

And yes, all charts would automatically start from 0 as a side effect.

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#39

Post by notimetorelax »

Looks great! For a long time I wished there was a historical analysis that would show quality of the management. Meaning, what initiatives did the management bet on in the past years and how well did it pan out? If a bet failed, was the management honest about it?

Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

#40

Post by kkaatii »

Love it! This is a very useful tool to provide me with introductory (but granular enough) information about new investment ideas that I have.

Just two cents based on my usual workflow --

1. I like to compare companies within the same industry, so it would be good if i can ask follow up questions after reading a report like "How does company Y compare with company X on XX metrics?"

2. I understand that the reports are generated by a model; if that is true, maybe you could cross-reference the fillings with their corresponding earnings call transcripts (should be available for free on many investment websites) and highlight what is being discussed/asked in the calls as well

Again, thank you for the great work. Already pinned your site to my browser's investment workspace XD

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