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Stock Rover Pointers

yogibearbullyogibearbull
edited July 2022 in Other Investing
Stock Rover (SR) Pointers

There are several Stock Rover (SR) links for Help, FAQs, etc, so I will not try to prepare a “Guide”. Rather, as the SR site is not very user-friendly or intuitive, I will give some POINTERS for new users.

NAVIGATION is difficult. Some features/functions appear only on relevant pages/tabs. Page FRAMES can be expanded or shrunk – note up-pointing and side-pointing ARROWS; down-pointing arrows only open the MENUS.

FREE version is very limited. It allows creation of 10 (max) Portfolios and Watchlists but doesn’t allow Table-displays or any analytics. DASHBOARD will show overall summaries including portfolio value, G/L, daily changes; PORTFOLIO right-PANEL (expandable with side-arrow) shows basic portfolio details. If you want to use SR just for QUOTES and CHARTS, the FREE version may be fine.

CHARTS are not linkable but can be SAVED as images (so, this eliminates taking a screenshot). To POST them elsewhere, use copy-and-paste, site upload/attachment feature or an image hosting site link to share/post.

WATCHLISTS have tickers only, but PORTFOLIOS have tickers, quantities, purchase prices.

PORTFOLIO details and analytics are available with PREMIUM and PREMIUM PLUS. Premium has full portfolio functionality, but Premium Plus allows for larger (600 tickers vs 250 tickers) and more (60 vs 25) Portfolios and Watchlists. Premium Plus has many other advanced features. Unfortunately, Essentials doesn’t have much portfolio functionality. So, PREMIUM should be fine for serious portfolio users. https://www.stockrover.com/plans/why-go-premium/

Portfolios to be IMPORTED should have required Excel columns for tickers, quantities, costs/share. For M* Portfolio (that don’t have these 3 columns present in any tab/view), use Export from Tracking==>Gain/Loss to your PC. Insert a column for Tickers and add tickers (using another M* tab/view or from memory), then IMPORT into SR; Name/Rename (see below). SR Portfolio basically starts fresh from the import date; old transaction history at M* (or elsewhere) will be lost. Multiple Portfolios can be COMBINED.

For SR-IMPORT, Click PORTFOLIO on the left-menu, make sure that Portfolio HEADING is clicked/highlighted in the main page (down-ARROW will show full Menu), then from the Menu or the right-PANEL, choose CREATE PORTFOLIO. Entries can then be made MANUALLY, or portfolio IMPORTED from Excel (with Tickers, quantities, costs/share columns), or via CONNECTION to selected brokerages (I won't be trying that). Steps are similar for importing a WATCHLIST, but some options shown are different.

Portfolio TOOLS/Future SIMULATION can be used to conduct SYSTEMATIC WITHDRAWALS/INVESTMENT studies with various other options.

CASH row can be displayed in Portfolio Table (from Portfolio, EXPAND Portfolio panel to see the option for cash display). ADJUSTING CASH (transactional) is by click on every buy/sell. Fully SOLD positions are not deleted from the record (so that performance calculations remain accurate).

LAST-CLOSE prices are updated after next market open. This is to properly indicate price change data. (this is unusual as most want complete updates by evening, but SR notes that this would make all changes 0)

YIELDS are forward yields. FUND YIELDS include CG distributions. Most financial data are for CALENDAR years and for GAAP accounting with applicable RESTATEMENTS. DIVIDENDS are shown as cash and must be reinvested manually. However, Portfolio Analytics does dividend reinvesting internally.

Standard deviation (SD; 1-yr, 3-yr) is based on DAILY returns and then ANNUALIZED (using sqrt(252) = 15.87 or 16); multiply by 100 to show as %. The SR SD values are much higher than those from M* and Portfolio Visualizer (PV) that use monthly returns. Unfortunately, SR just uses a WEIGHTED-AVERAGE of component SDs for PORTFOLIO SD and that is an overestimation (as it ignores cross-correlations). SUMMARY VALUES in portfolio Tables are also weighted-averages (so, not good for Portfolio MPT data) except for ratios such as P/E, P/B, P/S etc for which harmonic-averages are used. Negative P/Es are replaced by blanks.


LIMITATIONS

SR system is POSITIONS-based, not TRANSACTIONS-based. INTRADAY trades are netted for the day; holding SALE prices are closing prices only (default) – so all G/L are approximations.

Prices are delayed 1-5-15 minutes. Tables and charts REFRESH manually on browser refresh but can be set to Auto-Refresh at 1-5-10 minutes (OFF by default) in Preferences for Premium and Premium Plus.

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