Stock Picks | Stockopedia - How To Gain Value?

7th Dec '23 by alsy933

18 comments 694 reads

So, I signed up for a trial on Stockopedia to get the latest Naked Trader book (glad I didn't buy it but that's another story) but forgot to cancel my trial and am now stuck with it for a year.

After a few weeks of use I am really struggling to see how to extract value from it. I know that Stockopedia doesn't provide financial advice and one must do one's own research but tbh I find that the commentary is so wishy washy that i can't extract any useful information to guide investment decisions. Most of the information seems to be on Small cap companies - some micro caps and these to me look more like gambling than investing.

At the moment I feel like I've wasted a reasonable sum on this.

Am I missing something fundamental and if so I'd be very grateful to be enlightened.

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About the Author

Alsy933

Premium Member

18 comments

intuitive6191

7th Dec '23

Hi alsy

It depends what your expectations are. I think that different people will use Stockopedia in different ways.

I use it mostly for the Stocksheets just to check on data. It pays to check data on more than one site as sometimes data can vary from site to site .

I don't really use Stockranks as I am not sure if they predict or follow. The small cap section basically includes everything that is being discussed that day. including the odd large cap.

As a matter of interest - what were you trying to achieve when you signed up?

Lawrence Judd

7th Dec '23

Hi! We ran this webinar earlier in the year as a bit of an intro for new Stockopedia users - you might find it useful as an overview of the platform's key use cases.

As mentioned below, different investors will use Stockopedia in different ways. I'd also be very keen to understand what your expectations were when you joined us.

Saxonboy57

7th Dec '23

Sorry that you have been disappointed. I have been with Stockopedia for a couple of years and find it an invaluable tool for my stock picks. I have a limited amount of time to research possible investments and using Stockopedia allows me a quick way to drill down for further investigation

WarrantStar

7th Dec '23

My advice is as follows 1) If you have not already got one, set up a clear strategy. Answering the following questions would help you a) Are you looking for capital growth, or income, or both 2) What is your attitude to risk? Are you prepared to suffer losses in the short term to enable gains in the longer term? 3) What is your time frame? Next set up, or copy, a screen that matches your strategy. Next investigate the top screen results and decide which companies to invest in. Next ensure that your investments are across a range of different sectors and industries. Good luck with your investments!

Indie

7th Dec '23

I joined three years ago and found the following useful at the time:

The 'How to read a StockReport' video on the Today page
There was also a webinar of Ed going through his cookbook of financial ratios - giving hard and fast numbers. There was a more recent one How to screen for stockmarket winners, where he goes through the Ratio Cookbook at about 40 mins in.
The webinars on YouTube, available through the Learn section, especially:
- Profit warnings - also available as a book
- Managing the monkey - on the psychology

Some of the webinars predate the new website, but the essentials haven't changed.

Hope helpful.

Edit: Now I've reminded myself of these, I might have to go and rewatch them!

Rusty2

7th Dec '23

It can take some time to get to grips with Stockopedia. Now you have a year, to try to get the most out of it. You should look at screening, start with the Guru screens, you can copy them and change the rules to suit your criteria. Also look at articles on NAPS and Multibaggers etc.

I agree that most commentary is on small caps.

Guybrush

7th Dec '23

Why is your join date showing as 2014?

Timoteo

7th Dec '23

Lawrence : I think you’ve really hit the nail on the head there : What were your expectations when joining. My guess is that a lot of people think it’s a de facto tipping service which it clearly isn’t, but as a comprehensive source of detailed information Itis the best I've used, and that is my main reason for subscribing.

doctor dave

7th Dec '23

Gosh I'm surprised! It may take a while to digest but the information contained in Stockopedia is extremely detailed. Using Stocko has revolutionised my investing from ramshackle story-following and instinctive punts to a systematic and fairly ruthless data-based system with greatly improved results!

way

7th Dec '23

"ramshackle story-following and instinctive punts"

Sounds very familiar!

ken mitchell

7th Dec '23

Alsy933

Stockopedia is excellent but is NOT a tipping service and comments and articles certainly aren’t wispy washy. e.g check out the superb analysis by Paul Scott and Graham Neary on the daily small cap value report thread. Plenty of informed replies and comment there every day too.

IF you are looking to benefit from the vast amount of quality information on Stockopedia but haven’t a clue how to go about it, here’s a way to get started.

1. Enter any share code in the “search our database of over 63000 stocks” box. e.g Shell (LON:SHEL). That will bring up the must use stock page for Shell. It can be used at a simple level. E.g high marks ….worth checking out. The more green the better and the more red the more off putting. Use the “Accounts” heading too from that stock page. And the other headings are good too. E.g “News” ….if you’re a serious investor you must read Company news and Results. The “Discussion” heading sometimes brings up lots of further information.

2. Go back then to the Home page and find the “Browse” heading, and then from that heading and just under the “Stockopedia Screens” section go for “Top stock ranks.”. It’s the 4th one down and brings up the highest rated shares. Note that high marks don’t guarantee that share will be a winner (if it was that easy we would all do well) nor do low marks and described as a “sucker share” mean certain to fall, but it’s a good guide to whether or not a share is decent quality.

3. If it all seems far too difficult then would you be better off investing in pooled Investments like Investment Trusts. There are some good threads here on those too, and just yesterday I posted on 5 Investment Trusts that were very good value in the comments part of the daily small cap value report analysis thread. AND there were some good replies too. They were not imo wishy washy!

Give Stockopedia a chance and you’ll keep finding more and more invaluable information.

Charles Mitchell

7th Dec '23

alsy933 . The trial I did lasted a month- I then signed up having tried it.

Rusty2

7th Dec '23

You can also set up folios, to test out different strategies. You can also use these as watchlists or for your actual holdings.

Mike888

7th Dec '23

I would invest in some books, Jim Slater Zulu Principle, Peter Lynch One Up on Wallstreet to get started as you don't want to drown in stuff quite yet. Also have a browse of the various articles on Stockopedia. Then armed with some new found knowledge, and in parallel with reading them use Stockopedia to discover what they mean, have a play with some portfolios to test your skills. You've got to put the work in I'm afraid to get the best out of the markets, and Stockopedia is great tool to support you in this.

The Phoenix

7th Dec '23

90% of the comments on the discussions boards are the complete opposite of wishy washy there are some really clued up posters in the community 5-10 of them I would say are real top table people.

As Ken said its not a tipping site if thats what you were hoping for it won't be for you but as a resource for the money paid its outstanding. as others also point out you have to put the graft in I've been trading for 20 years plus, work in the investment industry but compared to some of the top posters here my talents against theres would be like putting Stan Laurel in a fight with peak Mike Tyson.

Anton Crabbe

7th Dec '23

For me, firstly I clarify why I'm investing in shares and the share market, i.e time frames, do you want income or capital growth, how much capital do you have to invest and what type of return are you happy with 5%, 10% etc. I found once I did this then you know what you are trying to do. For example construct a portfolio that will generate and income through dividends, trading stocks based on momentum and volume, or over a period of time will generate capital growth of 10%, or if your like me chasing purely capital growth by picking individual stocks.

Once this is done you can then focus on the tools that are available on Stockopedia. It is a broad church and caters for many different investment styles and techniques, it just how you want to use the tools. Some you will use all the time others due to the path you take you may not use at all.

For example, I base my investment decisions on fundamental financial information in company reports and ratios. As such I find the stockreport section and accounts tab in the stockreport invaluable but I have never used any of the charting tools as they are not part of my investment strategy.

Hope this helps :)

PitBullCH

8th Dec '23

You have to be prepared to put the effort in any learn - otherwise as others have stated, go for ETFs or ITs and switch off.

tic_tac_toe

8th Dec '23

it is tricky to know what you are expecting. If you thought it would be a case of searching through some stocks and hoping Stockopedia would flash 'buy this' then you would be wrong.
First thing to do is read Robbie's book that you say you got with the intro offer.
Then head here to the learning section and understand what stockopedia gives you. https://www.stockopedia.com/le...

then head to the videos page to keep learning, for example, Ed's intro video here on getting started.

you dont like the small cap and junior stocks, then check this video by Megan, on quality stocks

&t=300s

have a look at this for screening stocks

Anton Crabbe's comment below is equally useful. take some paper and write down whta you want to achieve. then try and work out using the resources how to go about it. everyoen has different aims, finances, commitment, experience, education and styles, so you really have to put in the work now.

people on here are, you will find, friendly and supportive. The SCVR commentary you refer to is some of the best, and given regular reading and time will help you understand some thought process in understanding market news, and its effects.

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Stockopedia - how to gain value?

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Alsy933

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