FAQ from SimFin
What is SimFin?
SimFin is a stock analysis software and data download platform that provides advanced tools for financial insights with fundamental data and portfolio analysis. It offers a range of features including stock screening, backtesting, and access to financial data of over 5,000 stocks. SimFin is a trusted platform for savvy analysts to optimize investment strategies.
How to use SimFin?
To use SimFin, users can sign up for a free account and gain access to major features. They can then explore the analytics tools such as stock screening, which allows users to build custom filters, indicators, and complex conditions to find stocks that match their criteria. Additionally, users can backtest single stocks or complex strategies, optimizing investment scores and trading signals. SimFin also provides the option to download financial data via API or bulk-CSV, making fundamental and calculated metrics accessible for investors, analysts, and platforms.
What type of accounts is SimFin offering?
SimFin offers three types of accounts: FREE, BASIC, and PRO. The FREE account provides access to major features, while the BASIC and PRO accounts offer higher-speed data connections and additional benefits. You can find detailed pricing and features on the Prices page of the website.
Who are the investors of SimFin?
SimFin successfully raised capital in 2022 with IBG Risikokapitalfonds managed by bmp Ventures, which is an investment fund that supports innovative start-ups in Sachsen-Anhalt, Germany.
Why are there more US stocks listed than European stocks on SimFin?
SimFin is actively expanding its public company database and aims to complete the history of the US stock market by the end of Q1 2023. European markets will follow by the end of 2023, and Asian markets by the end of 2024.
What is a stock screener?
A stock screener is a tool that allows investors and analysts to filter thousands of securities based on custom criteria. The SimFin stock screener enables users to build complex conditions with indicators, percentile and absolute values to find stocks that match their ideas. It also provides visualizations of financial metrics and market distributions for further analysis.
What is backtesting of investment strategies?
Backtesting refers to evaluating an investment strategy by applying it to historical financial data. With backtesting, analysts can assess how their strategy would have performed in the past, gaining insights into its potential effectiveness.
How can I get help for the SimFin tools?
SimFin provides video tutorials and articles with tips and best practices on the Support page of the website. Users can find helpful information and guidance on how to use the tools effectively.
Do I have to pay for a SimFin account?
SimFin offers a FREE account that allows access to major features. However, advanced users can choose to subscribe to paid accounts (BASIC and PRO) for additional benefits and higher-speed data connections. Pricing details can be found on the Prices page of the website.
Is SimFin a German company?
Yes, SimFin Analytics GmbH is based in Germany and owned by German shareholders. The company's headquarters are located in Halle (Saale), Germany.