Best Stock Screeners and Fundamental Analysis Tool for Indian Stocks

We are observing the increasing trend of computerization and taking everything online on the cloud. This trend change is helping people to adapt to new things and allows them to self-help if they feel stuck in any situation. This automation has led more people to invest in the financial market as they probably might think that software would help them earn a profit.

Before entering into the trading world, there is some analysis one needs to perform to check the worthiness of the investment. The analysis can be broadly classified into two categories: Technical stock analysis and Fundamental stock analysis.

Technical analysis studies the historical data, the volume, and the price movements and based on such details, It will predict the direction of the price movements. For this purpose, Technical Analysis Software For Indian Stock Market are available. some are free while some are paid.

The fundamental analysis gives an overall picture of the company, the stock, the industry, the financial health of the company etc. These are essential factors for a trader to know before investing to determine the company's worth and also to determine whether he can make any profit or not by investing. Let us see what exactly you need to check in the Fundamental analysis.

• Financial reports of the company such as Balance sheet, P/L statement
• The hierarchy of the management
• How the company manages its assets
• Demand in the market
• Company in the news
• Where does the company stand globally
• Policies, rules and regulations of the government
• Competitor analysis

You might think about how one can study all these details and make judgments. It will be more challenging for a new joiner if you ask me but there are always solutions to any problem. You can find these details based on some ratios. Fundamental Analysis Software India helps you get the ratio to help you make better decisions.

1. Earnings per share: This ratio is calculated by dividing the company's total income by the total number of shares.
2. Price to earnings: it shows the payout compared to its stocks; you get this value by dividing share price by Earning per share.
3. Price to book ratio: This is the comparison of the book value of the stock with its market value.
4. Price to sales ratio: It gives the comparison of the stock price of the company against its income. We get its details by dividing the stock price per share by revenue per share.
5. Dividend Payout ratio: This ratio tells you how much the company earned and how much it shared with the shareholders.
6. Return on equity: This data shows how efficient the company is in making profits with the help of investors' money.

Apart from the above mentioned there are more charts and details fundamental analysis software should provide. Now coming to what features a screener or analysis tool must have.

• It should be easy to use, and visualization should be accurate, giving insights at a glance.
• It may show the score to analyze the company's strengths and weaknesses (optional)
• It should be affordable for everyone.
• The comprehensive interface of the web application or software.
• Customizable possible according to the need of the traders
• Ability to cover different markets.
• If possible, it can get you add-ons to be used in excel to conclude faster.
• It would be helpful if it is integrated with the latest stock news and informative articles that can help investors.
• Automatic risk analysis to avoid loss.
• It will help if it provides a fundamental analysis checklist.

If we talk about Best Technical Screener For Indian Stocks, it might not be possible that it has all the above features. You may always select the software based on your requirements and budget. Sometimes all your earnings might be utilized to renew the monthly subscriptions. Also, not all investors or traders can read the screens even though they have the best tools in front of them, so you need to keep learning and understanding everything one step at a time to master the Fundamental analysis skills.

Thus we have seen in this article a brief introduction to what fundamental analysis is, what it represents, why it is necessary to conduct the fundamental analysis, and what features a fundamental analysis tool should have. If you have any queries, you can write or call us directly.

How Stock Screeners Fundamental Analysis Tool Work

Stock screeners fundamental analysis tool allow investors to weed through the extensive field of potential investments using their own criteria. traders begin the process by selecting certain investing parameters based on their personal requirements.

For example, a fundamental investor or trader may be most interested in market capitalization, analyst recommendations, earning per share (EPS), operating cash flow, multi-year return on investment (ROI), dividend yield, and the like. A trader would be more interested in moving average levels/crossovers, relative strength index (RSI) levels to indicate momentum, average directional index (ADX) readings to indicate strength among others.

The more criteria the user adds, the smaller the pool of potential securities to invest in becomes. The bottom line is that stock screeners or fundamental analysis tool typically have something for every trader and should be used to see what type of information is available before entering a trade or investment.

Kalpesh is a experience content writer having vast experience in writing articles of various fields like health, finance, education, textile etc.