An Unpaid Review Of YCharts.com
posted on: 2009-12-27 11:07:36 by Soo-Young
The other day I was bumbling around Twitter and came across the profile for YCharts.com
, a stock charting and research website. YCharts is a clean, well designed, and helpful website, and as a web developer and investing geek, I can really appreciate that. I haven't been asked or paid to write this blog post, I simply agree with what they're doing and hope to point other investors in their direction. In this blog post, I'll show how to use YCharts and talk about it's main strengths and weaknesses.
Researching Stocks With YCharts
You can start researching a stock by simply typing in its symbol in the search field at the top of the site. Pretty standard procedure. After typing in a stock symbol, you'll be forwarded to a page that looks like this:
An overview of GOOG on YCharts.com
I've visited the site a few times in the past week, and it seems to remember what boxes I checked which makes it easy to customize once, and revisit over and over. I like how it automatically remembers these things without requiring me to create a user account or anything like that. Is the site easy to use? Absolutely!
You can easily add and remove charts to and from each stock page
You can also chart multiple stocks at once by separating stock symbols with a "vs" in the search field. If you're narrowing down the stocks you want to invest in, or researching the competition of a particular stock, this feature is very helpful.
Where Does YCharts Shine?
Comparing stocks is a snap
Where Is YCharts Lacking?
Now you may be wondering if I have any problems with YCharts, and I do. YCharts does a great job of putting together a quick snapshot of any particular stock, but getting more detailed charts is a bit of an issue. Currently, the only option for chart time periods are 3 years, 5 years, and all. The charting intervals are currently not customizable, and are locked to chart everything by quarter. This is great if you have a long term investment strategy, but if you have a more short term investing strategy, then smaller intervals would definitely be a nice feature. I do understand that YCharts is more for fundamental research, which is more long term, but it would still be nice to have the option of adjusting the chart point intervals. If YCharts allowed for more fine tuned chart customization, it would be a more robust research tool.
Chart customization is very limited
The bottom line is that YCharts is a very useful research tool. Their charts are limited, so YCharts won't be your one stop research shop, but YCharts is still worth adding to your research regimen. The main reason why YCharts is so useful is because it condenses so much information into just one page, and it's easy enough to use for investors of any skill level. I would also recommend reading their blog
, which shows samples of how to quickly research stocks using their site. I really hope that YCharts grows in popularity as it is a smartly designed, and hugely helpful website. It's only 6 months old, so I'm sure many new features and upgrades are just around the corner.