What are Basic Stock Analysis Tools for Beginners?


The stock market can be intimidating place to invest for the people who are new to the field of stock trading. Beginners may feel overwhelmed due to plenty of stocks and various exchanges. A little information can ease your fears, and also enhance your chances of success in the stock market. The most important thing to do before investing in stock market is to analyze the stock market. Stock market analysis means to monitor and analyze the stocks, and thus calculate the future trends. This process helps to gain the best of profits in a short period of time. There are many stock analysis tools available on the net, which can be used by beginners for simplifying the complex screening and analysis. Let’s check out some basic stock analysis tools for beginners.

Stock Analysis Tools for Beginners

Basic Stock Analysis Tools For Beginners


With What If Analysis tool of Edelweiss.in, you can analyze item by item impact of alterations in the inputs to future stock value. Analysis can be carried out for periods ranging from 1 to 5 years. It shows the Stock Based Estimate, Ratios, Revenue Statement, Balance Sheet and Sensitivity table that provides an analysis of how different values of profit growth and Ratio (PE multiples) changes the target price for the stock. Just, enter the company name & horizon years to get the analysis of profit growth, sales growth, operating margins, tax rates or valuation and dividend payouts, which are based on historical trends. When you make changes in the inputs, the system will automatically estimate the Balance Sheet, Revenue Statement, Expected Returns and Target Price for the chosen stock.


Stock Comparison tool at Edelweiss.in helps you to compare stocks movement with other stocks. Comparison can be done in the same or different sector and against a benchmark index. Type the name of the companies and press the ‘Submit’ button. The comparison results will be shown on the basis of Last Price, MCap. , P/BV, P/E TTM and Div. Yield. You can even add more companies for comparison.

Another great tool at Edelweiss.in is Stock Screener. Registration is necessary to use this tool. You can filter or screen out stocks using qualitative and quantitative criteria according to your needs. You are required to choose the universe of stocks: Exchange (NSE / BSE / Both), Sector and Edelweiss Views as well set the criteria. Certain criteria are already assigned by default, which can be changed. Add Criteria button is given to add selected criteria. Hit the ‘Display Results’ button for getting results in the bottom window. You can even reset the entered criteria or save the parameters.


The Intraday Stock Screener tool of Marketwatch.com allows you to screen for stocks as per your desired criteria or parameter. You can generate stock trading ideas based on any or all of five screening categories such as price, volume, fundamentals, technicals and exchange & industry. In this tick-based tool, Volume searches are based on block trades (user-indicated number of shares) over a requested time period. Screen results can be viewed according to Symbol, Change %, 52-week low, Company Name, Volume, P/E Ratio, Price, Last Trade, Time, Market Cap, Change and 52-week high.


The stock analysis and a screening tool, screener.in gives a company’s 10 year details on a single customizable page at a glance. You have to simply enter company name in the Search box and within a couple of seconds you will get the results. It provides details like Market Cap, Current Price, Book Value, Stock P/E, Dividend Yield and much more. It also provides pros & cons, Stock Performance on chart, Peer Comparison with top 7 companies in the same business, Quarterly Results, Annual Results, Balance Sheet and Cash Flow of the company. You can also check the recent documents and annual reports. After login, you can create your own ratios, customize columns for peer comparison and add stocks to your watchlist.


ICharts.in is Intraday charting tool that provides stock trading analysis covering the range of momentum, volume indicators and trend.