If you’re in the trading world, you may have heard of Stockopedia. Stockopedia is a platform designed for long-term investors. Stockopedia offers its own research, predefined screens, and more interesting features. Sound like the platform for you? Before you buy, read our review of Stockopedia and learn more.
Stockopedia is a platform that helps long-term investors generate new stock investment ideas. The service offers its own research in the form of StockRank scores and predefined screens. Plus, you can easily create your own stock screens based on fundamental data and track your portfolio performance over time.
Overall, Stockopedia is a well-built platform for investors that won’t break the bank. Keep reading our Stockopedia review to find out if it’s right for you.
Stockopedia charges $50 per month or $425 per year for access to US stock market data. This includes the NYSE, NASDAQ, and OTC markets.
You can add international markets for an extra cost. Prices vary by market. For example, data for stocks on the London Stock Exchange costs an additional $15 per month, data for European stocks (including UK stocks) costs $50 per month, and data for Asian stocks costs $50 per month.
You can try out Stockopedia free for up to 14 days.
Stockopedia offers many features in one platform. The service includes stock screens that are similar to Zacks proprietary screens, custom screens that are similar to IBD’s Marketsmith, and analyses that are similar to Finbox. Of course, Stockopedia’s offerings are unique and offer great value to many investors. Let’s take a closer look.
Stockopedia assigns an overall StockRank score to every stock in its database. This is a 0-100 score that provides a quick summary of whether a company represents a good long-term investment or not. In addition to the overall StockRank score, Stockopedia assigns scores for quality, value, and momentum.
StockRanks doesn’t provide a full backtest of its StockRank system, but says that since 2013, two-thirds of stocks with a StockRank score of 90 or higher have generated positive returns over one-year timeframes. It’s not clear whether that means they beat the S&P 500, however.
One of the best things about Stockopedia is that it comes with a variety of pre-built stock screeners. These are generally crafted around the platform’s rank scores. For example, the ‘Top GrowthRank’ screener looks for stocks that have high one-year earnings growth, expectations for increased earnings growth from analysts, and increasing sales.
Importantly, Stockopedia is upfront about how these screens have performed over time. You can pull up performance data for just the past few months or year, or since the screen was created. Some of the screens that you’d expect would do the best, like ‘Top StockRanks,’ have far underperformed the S&P500. Others, like ‘Top GrowthRank’ has returned 125% over the past five years (compared to 54% for the S&P 500).
Build-your-own Stock Screens
Of course, Stockopedia also lets you create your own custom stock screens. The nice thing about this feature is that you can pull in the same ranking data that the pre-built screens use, such as GrowthRank, ValueRank, and overall StockRank.
The screen builder also has an impressive variety of fundamental filter parameters available. To list a few examples, you can screen based on earnings growth, book value growth, analyst forecasts, and dividend yield. Stockopedia has a few price-based filters to help you look for momentum stocks, but there are otherwise very few screen parameters built around technical studies.
Portfolio Tracking and Watchlists
Long-term investors will love Stockopedia’s portfolio tracking and watchlist tools. The platform allows you to import transactions from a CSV or to add stocks to a portfolio or watchlist with a simple search tool. From there, you can easily see the performance of your portfolio or an aggregate watchlist compared to the S&P 500. You can also quickly see Stockopedia’s overall StockRank score for each company you hold, as well as flip through a variety of table views to look at fundamental data.
Stockopedia also has three interesting bubble plot charts that let you look at all your holdings in terms of quality, value, momentum, and growth. These charts are based on the platform’s rank scores in each of these categories, so take them with a grain of salt. Still, they allow you to quickly divide your portfolio into high-value, high-potential stocks and overpriced, low-potential stocks to enable decision-making. This is a terrific tool for factor investing.
Stockopedia offers stock reports with essential financial statistics for every company included in the primary stock markets you subscribe to. These reports go well beyond the standard company summary you’ll find on other platforms like Yahoo Finance and Finviz. You can see how both retail investors and institutional investment managers are rating a stock, the company’s estimated price-to-book ratio, its health trend and bankruptcy risk scores, and financial data going back five years or more.
Stockopedia’s reports are extremely comprehensive. They can be a significant asset for investors who want to research whether a company is worth buying at the current stock price and holding for the long term.
Stockopedia Customization and Layout
Stockopedia is customizable within reason. You can’t change the layout of most pages, although you also don’t need to. The platform is very user-friendly, even though it displays a vast amount of data.
You can save your own custom stock screens for easy access in the future. There’s no limit to the number of portfolios and watchlists you can create. For portfolios, you can also choose which index you want to benchmark performance against.
None of the features in Stockopedia are entirely unique. After all, there are many platforms that offer in-depth fundamental analysis tools and stock screeners for long-term investors. Some examples include Stock Rover, FinViz, Zacks, and Seeking Alpha.
That said, Stockopedia does a very nice job of making a massive amount of fundamental stock data accessible to investors. The StockRank scores are extremely handy for creating screens and evaluating stocks, even if the scores aren’t always correct. Tools like the rank vs. rank bubble plots of your portfolios and the extremely detailed stock reports are also major draws for Stockopedia.
Stockopedia isn’t cheap, especially compared to some competing platforms. However, the ease of use this platform provides can be a major differentiator for helping you make investment decisions.
Another thing that sets Stockopedia apart is the ability to analyze international stocks. Many fundamental analysis services are solely focused on the US, and a lot don’t include data for OTC stocks.
Is Stockopedia Worth It?
Stockopedia can be worthwhile for medium and long-term investors who want to buy stocks based on company fundamentals. The quality, value, growth, and momentum ranks that form the foundation of this platform are based on fundamental analysis. In addition, the stock reports contain a wealth of financial data for fundamental traders to use.
Notably, technical analysis is almost nonexistent on this platform. The default time horizon for most charts and stats is one or five years. So, Stockopedia is ideal for investors who want a significant amount of data aggregated in a way that can be easily used for decision-making.
Alternatives to Stockopedia
Stockopedia does lack a few fundamental analysis options that long-term investors might want.
First, there’s no way to chart fundamental data in this online service. This is something that a platform like YCharts excels at. Having the ability to plot fundamental data makes it easier to visualize trends as well as to compare competing companies in the same industry.
Another feature that Stockopedia lacks is the ability to build your own financial models to get at a company’s fair value. This type of analysis is best-suited for experienced investors, but it can be very powerful. For financial modeling, check out Stock Rover or Old School Value.
- Data for international stocks available
- Stock reports are incredibly detailed
- Bubble plots allow quick analysis of your portfolio
- Predefined and custom fundamental-based stock screens
- Very user-friendly interface
- Moderately expensive
- StockRank scores have a mixed performance record