SimFin Product Overview
SimFin is a comprehensive financial data and analysis platform designed to empower investors, financial analysts, traders, portfolio managers, researchers, and academics with the tools and data necessary for informed investment decisions.
What SimFin Does
SimFin simplifies financial analysis by providing access to a vast array of financial data and advanced analytical tools. The platform aims to democratize access to high-quality financial metrics, enabling users to develop and test investment strategies with precision.Key Features and Functionality
Financial Data Access
SimFin offers detailed financial data on over 4,000 US stocks, with plans to expand to 10,000 companies by the end of 2023 and 30,000 by 2024, including European and Asian markets. The data includes fundamental company metrics such as profit and loss statements, balance sheets, and other key financial ratios, spanning more than 20 years of history.Stock Screener
The platform features a powerful stock screener that allows users to filter thousands of securities based on custom criteria, including indicators, percentiles, and absolute values. This tool helps users identify stocks that match their investment strategies and visualize the historical performance of these stocks.Backtesting Tool
SimFin’s backtesting tool enables users to test their investment strategies against historical data, simulating how an investment would have performed from a specific date in the past to the present. This feature is crucial for refining and validating investment approaches.Data API and Integration
The platform provides a high-performance data API, allowing users to download financial data in various formats such as JSON or CSV. Integration options include a Python API and an Excel plugin, making it easy to feed data into custom applications and algorithms.Portfolio Management
Users can manage and analyze their portfolios using SimFin’s tools, which include the ability to rate, comment, modify, save, and share portfolios with others. This collaborative feature facilitates the exchange of insights and strategies among users.Visualizations and Analytics
SimFin offers robust visualization tools, enabling users to create line charts, distribution charts, and scatter plots to visualize stock market metrics. This feature helps in gaining deeper insights into market trends and company performance.Subscription Plans
SimFin offers three subscription versions:- Free: Access to all system features and seven years of fundamental data history.
- Basic: Includes 15 years of fundamental data history and high-speed analytics processing.
- Pro: Provides more than 20 years of financial metrics and a larger budget for high-speed evaluations.