Welcome TO THE WORLD OF EDUCATED INVESTING!
"Risk comes from not knowing what you are doing." - Warren Buffett
What is CarrotSoft?
CarrotSoft is a stock market research app for retail investors in India.
You can study financial parameters like revenue, profit margin, EPS, book value, free cash flow, etc. for a period of 10 years to make sound investment decision.
CarrotSoft also gives you tools like alerts based on financial valuations like P/E, P/S ratios, EPS growth rate, etc. beyond the typical price alerts.
Each company has ratings and rankings updated every month based not only on price movements but also fundamentals like revenue growth, dividend yeild, etc. using our propreitary smart rating and ranking algorithm.
Feel like running a screener to filter the best stocks? We got it.
Unlimited watchlists and portfolios? Gotcha!
What about market indicators? You get fear and greed index, bullish percent index, sector gauges, day's statistics and many more indicators and indexes to make the best judgement of market's mood.
The app is smart enough to recommend stocks, based on stocks in your current investment portfolio and the need to have balancing/inverse relationship or to smoothen portfolio volatility or even simply to provide sufficient diversification.
Finally, we proudly present quarterly and yearly technical price charts for all companies, so that you gauge the long term price performance beyond the usual daily, weekly and monthly charts.
Why the need?
Majority of retail investors engage in trading stocks instead of long term investing, which usually results in losses and then they get out of the market in frustration
Since investing requires holding on to your stocks for the long term, a wrong choice can lead to many wasted years for your capital
Each company is required to report financial performance every quarter, and so the intrinsic value of all companies changes every quarter
Studying 1 company at a given time is easy and quick, but analysing 3500+ companies that are traded in India every quarter is impossible for any human being
Hedge funds and the richest 1% investors employ stock analysts who keep a tab of their investments, but retail investors cannot afford to employ stock analysts or subscribe to expensive market research reports
Existing apps available in the market for retail investors are not powerful enough to perform deep financial analysis of a company, and do not empower the user to keep track of the various financial metrics of a company
Existing apps in the market rely on the "news" and analyst comments for their stock evaluations, which usually are traps set by the people who control the market -
We live in an era of paid news and more often than not, following the news usually leads to losses since the people who paid for the news are usually doing the opposite of what retail investors are lead to believe
Any genuine news is either already priced in by the smart money or already taken advantage of by insiders much earlier, and so the news acts as the get out parachute for these smart investors and insiders
Wall street has this famous saying for a reason: "Buy the rumour, sell the news"
Our vision statement
To be the ultimate stock market research tool for the retail investor and provide automated stock ratings using artificial intelligence
Sounds good?
Download the app from Google Play Store and join us in this exciting journey!
You can start with the free subscription and upgrade to premium subscription if you like what you see.