Overview
I’m Howard Reisman the CEO of Stock Rover. In this video we are going to cover Stock Rover’s ability to compare things in charts. So, what sort of things. Well individual stocks, ETFs and mutual funds, as well as composite things like portfolios, watchlists and screeners. And many benchmarks including indices and indicators, sectors, industries, commodities and treasuries of varying duration. So really most anything that can be priced individually or as a group.
Selecting Tickers
Let’s begin by selecting a portfolio. You do that by going to the grey selector list and clicking on Portfolios. In here we have My Portfolio selected. This is a sample portfolio. So now let’s get Stock Rover into chart mode. We do that by clicking on Chart, here we can see a list of the tickers that are in the portfolio. We can chart specific tickers by selecting them from the portfolio ticker list. We will select Amazon by clicking on it.
Primary Tickers
You can also chart a ticker by entering it into the chart ticker box. Here I will enter Proctor and Gamble. In either case we are charting one ticker and that ticker is known as the primary ticker for charting. When we do things like add technicals or fundamentals. They always refer to the primary ticker, even if we add a second comparison ticker. So, for example if we add a comparison ticker, say Clorox. We see both are charted together. However, Proctor and Gamble is the primary. The leftmost ticker is always the primary. If we add other stuff, like the simple moving average, or a volume chart, the chart will refer to the primary which is Proctor and Gamble, and not Clorox. Let’s delete the volume chart to make more room for the Price chart.
We can easily make any comparison ticker the primary by right clicking on the ticker and selecting Set as Primary Chart Ticker. Let’s do that with Clorox. Now we can see the positions and colors have swapped and the Simple Moving Average line now refer to Clorox. Another way to swap is via the Compare To drop down. To re-establish P&G as the primary, we click on the left right arrows next to P&G to swap them. Here you can see P&G is back as the primary.
Comparing Multiple Tickers
We can have up to 12 comparison tickers. If we want to add more, we simply add them to the comparison ticker box. We can click the down arrow to see recently used tickers, or we can just type them into the box. Sticking with our consumer defensive scheme, let’s add Colgate and Unilever.
We can also add comparison tickers by right clicking on the ticker and selecting Compare in Chart. Let’s add Verizon from our portfolio.
Removing comparison tickers is easy, you can click on the x next to the ticker in the chart, I am going to remove Unilever. Or you can select the Compare To menu and from the ensuing drop down menu you can select the ticker you wish to delete. I am going to delete Colgate.
Comparing with Dividends
You can compare tickers based on price return only or on the return including dividends. To best illustrate this, I am going to chart Amazon which doesn’t pay a dividend vs. Microsoft, which does. Let’s set the chart up, so I will add Amazon and compare to Microsoft, get rid of the SMA, and get rid of Clorox, and Verizon and we are set to a 5-year period. The chart is set to price mode. However, we can toggle between price mode and dividend adjusted price mode by clicking on the label. We now see the chart is the dividend adjusted price performance. Amazon’s return doesn’t change, but Microsoft’s performance improves by around 30% over the 5-year period. Note that the dividend adjusted price line calculates as if the dividends were reinvested in the stock.
Baselining
Another key comparative capability of Stock Rover charting is baselining, which is flattening one line and seeing the performance of the other charted entities relative to the baselined ticker. To do this in Stock Rover is incredibly easy, simply click on the ticker to baseline it. So, for example if we click on Microsoft, we will see Amazon’s performance relative to Microsoft. And while Amazon has outperformed Microsoft, we can see that since September of 2018, the reverse is true, Microsoft has outperformed Amazon. Here’s what the chart looks like when we baseline Amazon. It’s the mirror image of the other chart. To turn off baselining, just click on the ticker again.
Benchmarks
Stock Rover comes with a bunch of benchmarks you can choose from to chart. You can see these in the Compare To menu. The most popular ones, the Dow 30, S&P 500 and Nasdaq can be charted via the checkboxes. Let’s select the S&P 500 and let’s get rid of Amazon and Microsoft.
If you go back into the compare menu you can see there is a whole bunch more indices you can chart. You can see all the indices listed here this includes additional exchanges such as the CAC 40, Hang Seng and FTSE 100, among many others. We can also chart things like volatility. Let’s chart the S&P 500 volatility.
You can also chart treasuries ranging in duration from one month to 30 years. Let’s chart the 10 year.
Let’s get rid of volatility so the chart is a little easier to read.
You can also chart commodities, including gold and oil, or even coffee or soybeans. Let’s chart gold.
Here you can see gold is the green line.
Macro Entities (Portfolios, Watchlists, Screeners)
Another thing Stock Rover is good at is charting macro entities. So, let’s chart the sample portfolio called My Portfolio against the S&P 500. So, to do this we have to do a little chart set up. So, let’s get rid of the 10-year treasury, gold, let’s find My Portfolio. Right-click on it, click Compare in Chart.
You can chart other macro things such as watchlists and screeners as well. Let’s look at the Wind Energy watchlist and chart it vs. the S&P. So, to do that let’s get rid of My Portfolio. Let’s find Wind Energy, right-click on it, compare in chart.
Now let’s chart a screener. So again, we will get rid of Wind Energy. Look at our screeners, let’s try the Piotroski High F score and compare it against another screener, the Buffetology Inspired one. So, we’ll select Piotroski and Buffetology. Here you can see the results over a 5-year period.
Industry and Sector
Finally, one of the cool things I like to do with Stock Rover is to see how each of my stocks is doing vs. its industry, it’s sector and the S&P 500. I like to scroll through the list top to bottom just using the keyboard arrow keys. So, let’s just set that up.
So, let’s delete the current stuff on the chart, the S&P, Piotroski, and Buffetology. Let’s select the first ticker in my portfolio. Let’s switch to a 2-year period. Let’s add in our benchmarks. We will add in the S&P 500, we’ll add in the sector, and we’ll add in the industry. And let’s flatline the S&P 500 so we can see how everything is doing relative to that over the last two years.
The first stock is Applied Material and here you can see that Applied Material bolded, Semiconductor Equipment bolded, and Technology all out performed the S&P 500 until July of last year at which point, they started to underperforming. So, by using the down arrow key, I can switch to the next ticker which is Amazon. I can see that Amazon is outperforming its industry, Specialty Retail, and its sector, Consumer Cyclical. They are all out performing the S&P over the last two years. Continuing on, you can see Boeing, also doing very well, Comcast, not so great, ICON, Merck, Microsoft which is doing very well and Verizon which is doing well even though Telecom and Communication Services, industry and sector respectively are not doing well.
So here I can get a very quick look at the relative outperformance or underperformance of my stock versus its industry, sector, and the S&P 500, over whatever period I chose in this case I have chosen a 2-year period.
Conclusion
So, that completes the tour of comparison charting in Stock Rover. We have several other charting videos in Stock Rover including Charting basics, advanced charting and ratio charting. Please be sure to check them out and thank you for watching.
