Earlier quoted context omitted.
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?
Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
41–50 of 93 posts
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#42Love 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…
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#43It 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
#44Well 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…
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#45Form 10-K is usually what you'd need to parse for those, maybe with recent stats taken from the 10-Q.
It'd be really great if one could get a report on a company in an industry they're unfamiliar with, with statistics like profit margin available at a glance, and a good description of how they actually operate, what is important to them, what areas of the business actually bring in the money (this is often surprising!) etc.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#46I have to build a project for data analysis with ML (and optionally AI) for a course and certification I am passing, this is a great inspiration. I will probably do something simpler on European stocks.
You say it was a year long effort, was it full time ? Do you have an estimation of how many hours you spent on it ? Did you do it alone ?
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#47Well 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…
Great way to end up with useless graphs where you have a tiny line at the top that's been compressed to the point where you can't see any changes...
The "rule" about ensuring axes are zeroed is for bar charts not line graphs.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#48Well 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
#49Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#50I love it ! Thanks for sharing here ! I have to build a project for data analysis with ML (and optionally AI) for a course and certification I am passing, this is a great inspiration. I will probably do something simpler on European stocks. You say it was a year long effort, was it full time ? Do you have an estimation of how many hours you spent on it ? Did you do it alone ?