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

signalbloom.ai

41–50 of 93 posts

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

#41
post #36

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?

[deleted]

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

#42
post #40

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…

Thanks, both are really good suggestions!

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

#43

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.

It really seems like it is, I made this YouTube channel to do it as well

https://youtube.com/@corporatedecoder

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

#44
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…

Charts like this are standard practice in finance. You're interested in the relative movement, not absolute numbers, so a chart that starts from zero is practically useless since the change you're trying to see is too small.

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

#45
I wish you also offered company summaries, not just news.

Form 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

#46
I 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 ?

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

#47
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…

> Always zero out your graphs

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

#48
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.

Change could go to negative though, so even though 0% is included in the chart, the true possible bottom value of the chart is -100%.

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

#50
post #46

I 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 ?

would be interested to follow along! Where would you source the filings for european stocks?
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