Introduction
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This is Ken Leoni Vice President of Marketing here at Stock Rover.
In this video, I’ll show the breadth of the Stock Rover charting facility. I’ll showcase a wide variety of chart settings, as well as how to manipulate charts when multiple charts are selected.
Please note that some of the features shown in the video require a Stock Rover Premium Plus subscription.
Accessing Charts
Stock Rover offers two ways to get to the charting facility.
The most direct way is to select Chart from the grey Selector menu.
I can also get Charts in All mode – which shows the chart along with the Table and the Insight Panel. So, I can see comparative information for the selected ticker, as well as the chart, and detailed Insights all at once.
Once we have a chart selected, we can also pop them into a separate window if we want. This is especially useful if you have multiple monitors. We can also close the pop-out.
We can also “Reset” and start afresh.
Chart Settings
Let’s start with a closer look at Settings
I’m going to chart Apple. Note we can quickly access preselected date ranges. We can also add our own custom dates. Stock Rover goes back as far as 2007. Let’s go back to year-to-date.
Here I am charting price in dollars, but I can also chart percentage change in price. Let’s switch to a candlestick. I’ll choose weekly. Here I can see the low, the high, the open, and the close in the tooltip.
For a slightly different view, we’ll switch to the OHLC candlestick. We’ll go to settings, candlestick, and pick OHLC. Here I can see the low, the high, the open, and the close.
Let’s chart Amazon’s price for 5-years. I’ll switch to price dollars, go back 5-years, and select Amazon. We can switch to price logarithmic scale which is a linear scale for percent change. This option is highly useful if the price of the stock you are charting has moved by a large dollar amount over the period you are charting.
Let’s switch things up a bit. I’ll change back to Apple and let’s chart price percent. Here we see the return over the last 5-years. Let’s adjust the price to include dividends. Notice how our returns have changed to account for the dividend-adjusted return. Let’s go back a year and I’ll switch to price.
Charting Events
Events allow us to see earnings announcements, splits, dividends, the max drawdown, any portfolio activity, and any alerts we have configured in Stock Rover.
When I switch to EPS, I can see the EPS announcements. Let’s add dividends. When we drag over the circle, the tooltip shows us the dividends. Let’s go to 5-years and we’ll clear out a few events here. We’ll get rid of EPS and dividends.
Let’s add Max Drawdown. We can see the biggest drop over the last 5-years was 38% in January of 2019.
Charting Benchmarks
We can view a stock’s performance relative to benchmarks and other tickers. We can benchmark against indices, treasuries, commodities, portfolios, as wells as sector and industry.
Let’s benchmark Apple against the S&P 500. Let’s make the S&P 500 the baseline. Let’s remove the baseline. Let’s compare Apple to Microsoft. Notice Microsoft has outperformed Apple.
We can make Apple the baseline and we can toggle back. Notice when I right-click the label, Stock Rover presents me with additional options to further leverage the ticker. For example, I could add the ticker to a watchlist, tag it, or even enter comments.
We’ll clear Microsoft and take a closer look at fundamentals.
Fundamentals
You can chart fundamental data for some 100+ chartable metrics in Stock Rover. Here is a sample of the many fundamentals that are available to you for charting.
I’ll pick a metrics package called Earnings. Notice the tooltip tells me the fundamentals included in this metric package. Let’s switch to chartings a single metric. I’ll pick Price/Earnings. I can add another fundamental and then save them as a new metrics package.
Notice fundamentals march in lockstep with the main chart.
Technicals
Charting technical in Stock Rover means you can choose from an extensive list of technical indicators. Technicals can affect the main chart or be standalone.
Let’s pick the Simple Moving Average and we’ll chart the 50-day moving average and 150-day moving average as separate lines.
Let’s switch it up and chart Bollinger Bands. The default is to show where the price lives relative to the price movement of the last 20 days, using 2 standard deviations as the bandwidth. This of course is fully configurable in Stock Rover.
Let’s pick the Average True Range. Average True Range is an indicator that measures volatility. Let’s check out the Volume. I’ll remove a few charts.
Valuation
Valuation allows us to chart key valuation metrics.
I’ll pick Price vs Fundamental, let’s expand. Here we see how the fundamental value varies over time relative to the price. In this instance, we are charting EPS. The area under the fundamental line is shaded. Clicking on the hamburger provides us with additional options. We can either change the fundamental or choose to include or exclude the simple moving average. Let’s minimize.
Let’s go to the Football Field. I’ll expand. Here we see key valuation metrics and their relation to their minimum and maximum over the last year. The blue bar represents Apple’s current value for each of the 8 metrics. Each horizontal bar represents the min and max value split into quintiles. I’ll broaden it to 5-years and then bring it back to 1-Year.
I’ll collapse the Football Field and the Price vs Fundamental and let’s do this. I am going to choose My Watchlist and I’m going to pick Scatter Plot. Let me expand that and go to the hamburger. In the scatter plot a point is rendered based on its X and Y-axis metric value. What I’ll do is that for the X-Axis I want to pick Returns and I want the 10-Year Return. On the Y-Axis I want Grades and Scores. I’ll pick the Altman Z-Score which measures a company’s credit strength. Here you can readily see the correlation between returns and credit strength.
Managing Multiple Charts
Managing multiple charts is quick and easy. Notice how I can delete charts, I can expand charts, I can move charts, I can adjust charts. I can also save the charts as an image.
Summary
I hope you found the video useful. I encourage you to explore Stock Rover and see all that is to offer, as well as check out our other educational videos on our website. Thank you for watching.
