Highly effective Screening & Backtesting, However…

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After weeks of testing for this Portfolio123 assessment, I’ve been impressed with the highly effective screening, versatile reporting, and quick backtesting. The number of monetary ratios and a 10-year historic database present loads of knowledge on your investing technique improvement. However there are drawbacks.

Portfolio123 Assessment Check Outcomes & Scores

Portfolio123 Ranking 4.3/5.0
💸 Pricing & Software program ★★★★★
📡 Screening ★★★★★
📰 Information & Social ★★★✩✩
📈 Charts ★★★★✩
📰 Portfolio & Analysis ★★★★★
🖱 Usability ★★★✩✩

Portfolio123 Assessment Abstract

Portfolio123 is inventory screening, analysis & portfolio administration software program with a 10-year historic monetary database and built-in commission-free buying and selling with Tradier. Portfolio123 can be utilized by earnings, worth, and development traders however can be advantageous for swing merchants.

Portfolio123 covers shares, mounted earnings, and ETFs on US & Canadian exchanges, so it’s unsuitable for worldwide inventory traders.

With Portfolio123, you’ll be able to design a real-time buying and selling technique, totally automated with a dealer, that can maintain the shares that cross your display and promote people who don’t.

Portfolio123 Review
Portfolio123 Assessment – In-depth Check & Ranking

Portfolio123 Assessment: Key Options

⚡ Options Screening, Analysis
🏆 Distinctive Options Buying and selling, Backtesting
🎯 Finest for Skilled Buyers
♲ Subscription Month-to-month, Yearly
💰 Value $0-$83/mo
💻 OS Internet Browser
🎮 Trial 21 Days for $9
✂ Low cost None
🌎 Area USA/Canada

What’s Portfolio123?

Based in 2004 by Marco Salerno, Portfolio123 is a Chicago-based firm offering inventory screening, inventory analysis, and portfolio administration software program. Focused at particular person traders, Portfolio123 allows worth, earnings, and development traders to focus on their investments and handle their portfolio of shares.

Portfolio123 Review: Winner Best Stock Software for Screening, Backtesting & Trading
Portfolio123 Assessment: Winner Finest Inventory Software program for Screening, Backtesting & Buying and selling

Portfolio123 Execs

  • 470+ Screening Metrics
  • 10-12 months Backtesting Engine
  • Distinctive 10 12 months Historic Knowledge
  • Pre-built Mannequin Screeners
  • 260 Monetary Ratios
  • Built-in $0 Buying and selling

Portfolio123 Cons

  • No Built-in Information
  • No App for Android or iPhone
  • Initially Advanced To Use
  • Lacking Truthful Worth & Margin of Security Metrics
  • Technical Evaluation Charting Wants Enhancing

Portfolio123 Assessment Video

Get Portfolio123

Portfolio123 Pricing

Portfolio123 pricing begins at $0 for the Free plan, Screener prices $25/mo, and Professional prices $83/mo. You possibly can have Portfolio123 totally free; nevertheless, the actual energy of Portfolio123 is unleashed with the Screener and Professional service. Their Screener and Professional service pricing is in-line with competitors and aggressive contemplating the advantages on provide.

Portfolio123 Free

Portfolio123’s Free plan permits ad-free dealer integration for buying and selling with Tradier or Interactive Brokers. The Free plan is good for traders looking for basic charting, an earnings calendar, and a consolidated view of a number of brokerage accounts.

Portfolio123 Screener Plan

Portfolio123’s Screener plan prices $25/mo and gives entry to the complete monetary database and 5 years of historic firm financials. This plan contains screening on all shares and ETFs with 460+ monetary, technical, and sentiment metrics.

Portfolio123 Professional Plan

Portfolio123 Professional prices $83/mo and gives very granular system improvement utilizing particular purchase and promote guidelines, rolling backtesting, and 20 years of backtesting knowledge. I’d solely suggest this for probably the most hardcore inventory technique developer.

I strongly suggest going for the Portfolio123 Screener Plan for $25 monthly except you’re a very demanding buying and selling system developer.

Portfolio123 Coupon Code

Portfolio123 doesn’t provide coupon codes for its inventory analysis software program.

Portfolio123 Platform

Portfolio123 runs on PC, Mac, Tablets, and Smartphones and requires zero set up; it merely works. The market knowledge, scoring, rating, and evaluation are just for the USA & Canadian markets. Once you register with Portfolio123 and log in, you’re greeted with the dashboard, which provides you an instantaneous market efficiency breakdown, however extra importantly, reveals you your portfolio efficiency.

Portfolio123 Review: Portfolio Dashboard
Portfolio123 Assessment: Portfolio Dashboard

Portfolio123 App & Obtain

Portfolio123 is a contemporary cloud-based software program structure, which means that there isn’t any consumer software program to obtain and set up, and all of the inventory alternate knowledge resides on the seller’s servers within the cloud. The charting and visualization are all saved and computed within the cloud, and any chart you wish to visualize is streamed to your consumer gadget.

Presently, there isn’t any particular Android or Apple App for Portfolio123. Portfolio123 is finest accessed through a PC, Mac, or Pill Machine. Nonetheless, you’ll be able to entry a mobile-friendly less complicated model of Portfolio123 through a particular hyperlink: https://www.Portfolio123.com/sr/Telephone.

Portfolio Administration

With Portfolio123, you get tight dealer integration Tradier and Interactive Brokers. You can not place trades from charts, however you’ll be able to automate buying and selling based mostly on guidelines or problem bulk merchants, plus Portfolio123 will handle revenue & loss reporting.

Portfolio123 Portfolio Options Portfolio123
Watchlist Monitoring
Analysis
Revenue & Loss Reporting
Efficiency Reporting
Portfolio Rebalancing
Portfolio Asset Allocation
Dealer Integration
Future Dividend Reporting X

Portfolio123 Screener

The Portfolio123 screener means that you can filter 10,000+ shares and 44,000 ETFs that will help you discover the investments or trades that match your precise standards. Portfolio123 additionally has ranked screening which lets you rank the shares that finest match your standards, filtering a listing from tons of of shares to a handful. You may as well outline your customized universes, setting the macro standards for which shares are included within the pattern.

Most concepts you have got based mostly on fundamentals might be coated with over 225 knowledge factors. Portfolio123 has 460 standards, together with analyst revisions and estimates and technical knowledge.

You may as well use Portfolio123 to display shares on their efficiency relative to the S&P500 or every other benchmark, which means you can develop a technique to pick shares based mostly on their historic efficiency versus the market.

The variety of elements out there for screening is spectacular. Not solely are you able to display based mostly on dependable info from an organization’s monetary stories, however you’ll be able to entry technical elements, create your elements utilizing interval and announcement dates, remove shares with excessive bid-ask spreads, restrict your display to shares in a sure trade or sector, rank elements towards different shares in an trade or sector, and alter your issue stability relying on financial situations.

Here’s a very advanced screening technique I developed utilizing Portfolio123; as you’ll be able to see, this can be very highly effective and versatile, with virtually limitless guidelines and situations.

Portfolio123 Review: Incredibly Powerful Screening
Portfolio123 Assessment: Extremely Highly effective Screening

Constructing your Portfolio123 screener is theoretically simple; choose Analysis -> Screens, and you can begin to play. No programming expertise are required to construct a Portfolio123 screener, however primary coding will definitely assist. If you wish to create extra highly effective screening guidelines, you’ll need to spend vital time finding out the coding logic and understanding the proprietary standards names.

Portfolio123 Backtesting

Portfolio123’s backtesting engine is the place the software program shines. Expertly applied, quick, and intensely configurable, Portfolio123 has the most effective backtesting service for individuals critical about testing basic methods.

Portfolio123 lets you be very granular in the way you arrange your backtest, with entry guidelines, slippage, weighing, rebalance frequency, and customized timeframes.

The Portfolio123 screener is constructed to make customers take a look at not simply pre-built ideas however all types of hypotheses. You should use your personal universe, rank together with your multi-factor rank, and run backtests or rolling backtests.

The Portfolio123 screener depends on nice knowledge, they usually have been working onerous to beat the pitfalls of economic knowledge equivalent to N/A numbers in sparse preliminary stories. Our pre-built elements deal with N/A’s effectively and use alternate algorithms to give you the very best end result. In a nutshell, nice knowledge isn’t an in a single day venture; they’ve been engaged on knowledge since 2004.

The picture beneath reveals the LiberatedStockTrader screener I developed within the earlier part. I backtested the screener for 2 years to see the way it performs traditionally. On this explicit timeframe, my screener beat the market, returning 70.5% versus the S&P500’s 52%.

Portfolio123 Review: Excellent Backtesting Engine
Portfolio123 Assessment: Wonderful Backtesting Engine

Pre-Constructed Screeners Built-in into Portfolio123

Portfolio123 has over 76 pre-built screeners you could import and use. It is advisable have the Screener subscription plan service to benefit from this. I’ve personally reviewed a lot of them, and they’re very thoughtfully constructed. Certainly one of my favorites is the “Small Cap Winners” screener.

The Small-Cap Winner technique had a 5-year return of 189% versus the Russell 2000 return of 58%, very spectacular.

The Small-Cap Winner technique “makes an attempt to stability development, worth, high quality, and sentiment elements, utilizing ones which have labored effectively for small-cap shares. It has excessive turnover because it depends an incredible deal on the newest quarterly earnings bulletins and, through sentiment rating, analyst estimates and suggestions”.

Portfolio123 Review: Pre-configured Screening Strategies Test
Portfolio123 Assessment: Pre-configured Screening Methods Check

Portfolio123 Information & Group

Portfolio123 has a information tab on your watchlist, primarily offering information from Yahoo Finance. Whereas that is good as a result of the information is filtered in your watchlist constituents, it isn’t a full information service. When it comes to group, there’s a primary old-school discussion board for asking questions and reporting issues, however this isn’t similar to TradingView’s highly effective social community.

As a long-term investor, real-time information will not be a precedence. If real-time is a precedence for you, you’ll be able to subscribe to Benzinga Professional Information individually. Lastly, there isn’t any perceivable service inside Portfolio123 concerning social chat and idea-sharing.

Inventory Charting & Technical Evaluation

inventory charts with Portfolio123 is completely different from all the opposite software program distributors in the marketplace. Whereas MetaStock & TradingView focuses on tons of of technical evaluation (worth/quantity) indicators, Portfolio123 focuses on charting the elemental monetary power indicators.

With over 160 completely different monetary indicators and solely two technical evaluation indicators, Portfolio123 will not be the most effective technical evaluation or frequent buying and selling charting service. Nonetheless, it’s the full bundle for basic earnings, development, and worth traders. There aren’t any prospects to attract trendlines or annotate charts in Portfolio123.

The one redeeming think about Portfolio123’s charting is the Multi Charts, which allow you to plot and evaluate over 108 financial indicators, equivalent to:

  • SP500 Shiller Dividend
  • SP500 Shiller Incomes
  • SP500 Yield
  • CPI All City Shoppers: All Gadgets
  • Gold Value in London Bullion Market, USD
  • S&P Case-Shiller 20-Metropolis Dwelling Value Index
  • 3-Month Interbank Price (CHF)
  • BofA Merrill Lynch US Company AAA Efficient Yield©
  • BofA Merrill Lynch US Excessive Yield B Efficient Yield©
  • Delinquency Price On Credit score Card Loans, All Business Banks
  • Delinquency Price On Single-Household Residential Mortgages
  • 3-Month Interbank Price (EUR)
  • Efficient Federal Funds Price

Is Portfolio123 Straightforward to Use?

Portfolio123 is simple to make use of however not simple to grasp. It would take time so that you can perceive the format and create highly effective screening methods. Whereas the pre-built screeners assist with ease of use, you’ll need to speculate time if you wish to create something actually personalized. Moreover, the charting is proscribed and unintuitive, slowing you down.

Portfolio123 Check Outcomes

Portfolio123 is a wonderful screening and backtesting platform very best for swing merchants and medium-term development traders. An unimaginable number of basic standards, a 20-year monetary database, plus probably the most highly effective monetary backtesting engine makes Portfolio123 an incredible selection for skilled inventory system builders.

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Are You Trying For Inventory Investing & Buying and selling Software program? Right here Are My Favorites.

My favourite software program for buying and selling is TradingView as a result of it does every part effectively. It has backtesting, nice charts, inventory screening, and an lively group of over 3 million individuals sharing concepts, plus a free plan out there globally.

My favourite software program for investing is Inventory Rover, because it makes a speciality of deep basic monetary screening, analysis, and portfolio administration. It’s the very best platform for dividend, worth, and development investing.

My favourite software program for inventory market information is Benzinga Professional, with its super-fast real-time information engine, squawk field, and information affect scores.

My favourite AI buying and selling software program is TrendSpider which allows computerized sample recognition for Trendlines, Candlesticks, and Fibonacci ranges. Commerce Concepts makes use of AI to generate excessive likelihood every day buying and selling indicators for auto-trading.

My favourite stock-picking service is Motley Idiot Inventory Advisor, which has a confirmed monitor file of beating the market with wonderful inventory analysis stories.

Learn the Full High 10 Inventory Market Software program Testing & Assessment

Portfolio 123
Portfolio123 Review: Powerful Screening & Backtesting, But... - 13

After weeks of testing for this Portfolio123 assessment, I’ve been impressed with the highly effective screening, versatile reporting, and quick backtesting. The number of monetary ratios and a 10-year historic database present loads of knowledge on your investing technique improvement. However there are drawbacks.

Product SKU:
Portfolio123

Product Model:
Portfolio123

Product Foreign money:
USD

Product Value:
0.00

Value Legitimate Till:
2025-02-02

Product In-Inventory:
InStock

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