OracleSCAN
Powerful Stock Market Search Engine
• Find undervalued stocks in seconds
• Sort by broker consensus for buy and sell recommendations
• Combine fundamental and technical analysis
• Super easy to use; No formula language.
• Import and export data directly to Metastock
OracleSCAN is a powerful search engine that has the ability to vastly improve returns by finding stocks based on both technical and fundamental criteria. It can identify undervalued companies based on pre programmed searches, or you can build your own individual searches based around your exact investment criteria.
The program combines professional level analysis with a user-friendly interface suitable for everyone regardless of your level of computer knowledge.
OracleSCAN really puts you in the driver’s seat, not only will it save you many hours, it makes the onerous task of researching companies balance sheets fun, all the hard work has been done. Now you can create and manage that perfect portfolio in minutes each day.
As an investor it is unwise to ignore fundamentals, especially when the world’s most successful investor Warren Buffet has proven just how important and powerful fundamental analysis can be.
Warren Buffet said “For it is through PE’s that one can instantly identify where mob madness is at work and, conversely, where the oversights of Ignorance are neglecting sound shares”. Buffet seeks to buy shares for no more than two thirds of a company’s net asset backing and is dismayed that other people don’t jump at it too “it is extraordinary to me that the idea of buying dollar bills for 60 cents either takes immediately with people or it doesn’t take at all. It’s like an inoculation. If it doesn’t grab them right away, they don’t ever seem to be able to grasp the concept”.
Find undervalued companies based on Broker research valuations.
Imagine you could scan the entire stock exchange and find undervalued companies using a single mouse click. The hard work has been done for you, the scans are already built, simply select a scan and click search.
Build your own scans.
Alternatively you can easily build your own search criteria. For example, if you’re a short term trader you might look for stocks that have a strong broker consensus rating, for example buy or strong buy, are highly liquid, and are in the best performing sector. With OracleSCAN you can run a search like this in seconds, then sort and analyse the results easily, then you can save your search or list for further investigation. However, if you were running a self managed superannuation fund you might prefer to buy stocks that are offering a high dividend yield, excellent earnings-per-share, a low debt-to-equity ratio, and a medium or low PE when compared to its peers. Regardless of your individual criteria OracleSCAN can do the work for you.
Buffet is famous for saying “If a business does well, the stock eventually follows”.
How much is a share worth?
One of the most difficult questions investors face when contemplating taking a trade is “How much is this stock worth”? In other words what is a relatively fair estimation of a stock’s value? There are all sorts of formulae and theories that try to figure out the answer to this question, but generally speaking the two most widely accepted methods for calculating the answer are based on technical analysis (study of charts and price history) and fundamental analysis (study of financial data).
Technical analysis valuation.
OracleSCAN uses an advanced formula to gain a sense of a stocks direction and price momentum to estimate a stocks likely continued trajectory to create a “technical” value.
Fundamental analysis valuation.
The program also analyses a companies financial ratios including earnings and earnings growth to calculate a “fundamental” valuation.
Consensus analyst valuations.
OracleSCAN also contains the consensus valuations. Consensus valuations are a guide by professional analysts offering you their opinion of a stock’s value. As an example ABC shares are trading at $2.50 and the average broker consensus value’s ABC’s shares at $5.00, therefore ABC is trading at a 50% discount to its theoretical target price. The analysts also assign a buy, sell or hold recommendation which can be included in your scans. OracleSCAN makes finding stocks that are trading below their broker target valuation easy; with one click of your mouse, these stocks can be ranked by % difference from their last closing price compared with the current consensus valuation. Having access to all three valuation models in one program makes answering these questions “How much is a stock worth?” & “What is fair value?” easy.
All things considered value.
In fact the program even calculates the average of all three theoretical valuations to arrive at what you might call an all things considered value. We call it the OWL value. Since the OWL figure takes into account the fundamental, technical and consensus valuations, it gives users a more considered and robust answer to the question of fair value. Comparing a shares current trading price against this value is an easy way of finding potentially undervalued shares. Of course this doesn’t mean a stock is guaranteed to achieve its consensus target price, but it does give users a considerable advantage by creating a short list of candidates suitable for more research. In fact with just one more mouse click you can simply add the list straight into your MetaStock software and use technical analysis to time your entry and exit.
Ultraclean Data.
The combination of ultra clean data powered by Thomson Reuters and a powerful yet easy to use search engine means OracleSCAN users have unrivalled power; giving you a unique competitive edge in the market.
Easy to use.
OracleSCAN was created with the end user in mind; it is very easy to use and makes the job of sorting through hundreds of stocks to display only the very best candidates fast and simple. It is unique because it enables you to combine technical, fundamental and consensus analysis together for high powered research, putting you one step ahead of the competition.
It’s time you took your trading to the next level with OracleSCAN.