Using Equities Lab to Chart Individual Stocks
Charting stocks with Equities lab is quick and easy and gives you access to a wealth of information.
Let’s learn how to do it! On the home page there is an option titled: “Chart Stock”.
From here, all you have to know to chart any stock is its given ticker! A ticker is a combination of unique letters (and occasionally numbers) that are given to a stock or company for identification. Some tickers are just one letter. For example, the ticker for Ford Motor Co is simply “F”, but tickers can have up to four letters such as “AMZN”, which is the ticker for Amazon.
Charting your Chosen Stock
Find the ticker for the company (a quick google search will give you the answer if you don’t know it already) or stock you want to chart and type it into the box next to “Chart Stock:” on the home screen. In this example we will use “F” for Ford. Type it in and hit “Enter”.
Your screen will then look like this:
On every “stock pick” page, you will see the ticker displayed at the top, followed by the stock or companies name, then a list of some of the top stocks. At the end of that list there is an “Add Note”. This is useful to keep track of any findings or thoughts you have about different stocks. Your notes are saved after hitting “OK” so you can always look back and remember any research you previously did on each stock.
There is also a description of each company and some recent financial going ons about the company. On the top right half of the screen is a tear sheet that shows a chart with some of the companies financial information. Above the chart there is a button titled “Key Ratios Deciles Tear Sheet”. If you click on that you will be presented with a long list of other tear sheet options to choose from.
On the bottom half of the screen you will see a time graph that shows your chosen ticker, and the S&P for easy comparison, throughout a period of time. You can easily change the dates to see how the stock performed during any period of time going back to 1995. With Equities lab you have access to an array of different tables and charts to help you understand the information, including a results tilt table, candlestick charts, and more. With all these tools you have access to all the information you need about each stock. You can get an idea of the 20 year price history, see if the Piotroski score was ever 0, look at 20 years of earnings per share data, how its profit margin ranked vs its peers over time, compare stocks vs ETF’s, and so much more!
How to
If you want to learn how you can look at earnings per share, a stocks profit margin vs its peers, compare stocks vs ETF’s, keep reading!
Earnings per Share
If you want to look at Earnings per share over time, we have a tear sheet for that! First ensure that you are in the “Overview” tab.
Then, at the top right of the screen there will be a button for changing tear sheets. It will have the name of the current tear sheet displayed, click on it to change it.
Scroll down and double click on the “EPS History” tear sheet.
The EPS History tear sheet will then pop up on the stock pick Overview page.
If you want to go back even farther than the tear sheet shows, you can do that too! Start by creating a new tab.
Name it “plot_eps” or something similar so that you will know what you are looking at on the Results table.
In that new tab, type in “EPS 1Q” and then hit “GO”.
Now navigate to the lower half of the screen and choose the dates you are looking for (in the Results Map tab).
Switch to the Results table tab,
and locate the variable that we created and plotted.
Here you will find all of the eps information for the dates that you selected.
You can create as many new tabs, or variables, as you want to look at different information.
Saving your Stock Pick
Let’s say you are really interested in a company and want to follow it. While you can’t save a stock pick, you can save the stock pick as a Trading Model. Do this by clicking “File” then “Save”.
You will then be prompted to name your new trading model, and that’s it!
Contact us today at sales@equitieslab.com to get started on your investing journey!