Click next to “Research Stock”
Here you will input the ticker symbol for the company you are looking to analyze. This can be anything within our system. For this case we are going to be using AAPL.
Adjust the dates
You can adjust the time frame of the chart going back to 1995. You can make it as short of a time frame as yesterday. We do not have intraday data yesterday to today is the soonest usable time frame.
Selecting the time
The most common time frames are already input into the system. You can –
1) Select one of these dates
2) Use the calendar to select your date range
3) Type in your own dates
Changing the tear sheet
We attempt to provide as much information as possible to the user without overloading them. The default tear sheet in the stock picks is “synopsis”. This synopsis has some fairly basic information, but you can change this space to something more applicable to your investment thesis by clicking on the “Synopsis Tear Sheet” name.
Selecting the Tear Sheet
There are 22 different options. If you hover over the tear sheet name you will see exactly what fields are included in it. For our example we are going to take a look at the Income statement yearly.
Analyze the information on the tear sheet
Checking the news
Though news isn’t directly provided within the Equities Lab system, we do provide links to a few popular news resources as well as the company’s SEC filings.
Lets add a bit more info to the chart under the trading rules tab
Changing the benchmark
The S&P is the default benchmark for the system; however, you are able to adjust this to be just about anything.
$AAPL is a major tech company. If we want to compare them to other companies in the space simply type in the tickers and press “enter”.
Refresh the window by clicking “Go”
Now it’s time to add some information on AAPL to the chart
We do this through selecting a plot panel. A plot panel allows you to plot a large number of data points onto the chart through a simple click.
Select which panel you’d like
Much like the tear sheet, if you hover over the plot panel you can see what it will plot. We are going to select PE Comparison.
Refresh the window again.
Going through the plotted information
On the chart you can see all of the historic values of the plotted variables.
Changing the trading model
Some people don’t just buy and hold a position. The Equities Lab system has a number of different models you can choose from to adjust the trading behavior; or you can create your own.
Selecting the trading model
Assuming that you want to go with one that is already in the system we will go ahead and select count oscillator.
Running the simulation
In the results report you can see a combination of monthly and yearly statistics.
Results by Time
In the results by time you will be able to see how well the benchmarks, stock, and trading model performed on an annual basis. You can adjust this time frame to whatever works best for your investment thesis.
Here you will find detailed day-by-day information on the trading model, stock, benchmarks, and any plotted variables.
Exporting the info
This being detailed information in a table format you can export it into an excel spreadsheet. To do this simply press “Export” and save it to your computer.
Saving the Pick
If you like the work and analysis you’ve done, or want to continue the analysis at a later date you are able to save your pick to the system. To do this, simply click the floppy icon.
Naming the model
For all of your individual stock models you’ll want to preface the name with “Per Ticker:” the system will do this automatically, so just be careful not to delete it. After that you can type anything you like. In the case of this example we are using an oscillator on the ticker AAPL so we will name it as such.
Finding the model
All saved items can be found in the Explorer tab.
There are hundreds of different items within the explorer tab. Since we are looking for a trading model we can shrink the pool of available options by clicking the green “Trading Model” icon highlighted here.
Once that is done, or even before, just type in part of the time of the model and you should see it appear. To access your model simply click and you will be brought directly there.