Where do Investor Wand recommendations come from?
There are two sources of recommendations on Investor Wand: stock research firms and individual site users. Investor Wand does not endorse any member submission, opinion, recommendation, or advice expressed by the registered members.
What is a Research Firm?
A Research Firm is a company that researches and rates stocks and publishes recommendations.
Can I submit my own stock recommendations?
Absolutely. You need to click on “Add a Recommendation”, select yourself as the analyst, and enter a symbol, recommendation, target price, and recommendation time frame (one, three, six or 12 months). Investor Wand will track your recommendations, so you’ll be able to view your performance over time. You won’t be able to enter investment recommendations for the same symbol and time frame, but you’ll be able to issue separate recommendations for the same symbol and different time frames.
Does Investor Wand have all recommendations given by research firms?
Investor Wand tracks thousands of recommendation issued by research firms. These recommendations are published and available in many media sources. It is, however, possible that Investor Wand missed some of the publicly available recommendations.
Can I add a missing stock recommendation from a professional research analyst?
Yes. You need to click on “Add a Recommendation”, select the analyst whose recommendation is missing, and enter a symbol, recommendation, price target (if it exists), and a proof of recommendation. We do not accept recommendation for which there is no evidence. The recommendation time frame is assumed to be 12 months (the standard for professional research firms).
How can Investor Wand help me with my stock picks?
Investor Wand tracks recommendations of hundreds research firms and site users. Every time a recommendation is released, we track its performance, including return and accuracy. By analyzing analyst recommendations, we help you identify high return investors whom you can follow and invest when the time is right.
How can I find out which analyst has the best recommendation history?
Investor Wand tracks past and current recommendations of professional analysts and site users. On the home page, all analysts are ranked by past and current return. You can further inquire about the best analysts by sector (or industry) by clicking on an individual sector (or industry).
What is a Sector?
A sector is a part of the market sharing common characteristics. Investors use sectors to place investments into categories such as technology, health care, and energy. Each sector has unique characteristics and a different risk profile. Sectors typically contain multiple industries.
What is an Industry?
An Industry is a classification that refers to a group of companies that are related in terms of their primary business activities. Individual companies are generally classified into industries based on their largest sources of revenue. Industries are typically grouped into larger categories called sectors.
What ratings are available for Investor Wand recommendations?
Investor Wand simplified research analyst ratings to BUY and SELL recommendations. Individual analysts can also rate companies (symbols) as BUY or SELL. This allows a comparison of multiple research analysts’ recommendations using an equivalent rating system.
What are open and closed recommendations?
Open recommendations are recommendations within a specified timeframe from the issuance date. The timeframe for all professional analysts’ recommendations is one year, while registered users on Investor Wand can select the timeframe of their recommendations to be one, three, six or 12 months. Closed recommendations are those beyond the time frame specified at the date of issuance.
How is the return on a single recommendation calculated?
The return on a single open recommendation is calculated as the maximum of the current return (based on the latest closing price) and the target price return, if the symbol reached the target. The return on a single closed recommendation is calculated as the maximum of the return on the closing date (at the end of recommendation timeframe) and the target price return, if the stock hit the target price. The return is adjusted for one-time events (e.g., stock splits)
Are dividends, stock splits and reverse stock splits reflected in return calculations?
Dividends, whether stock or cash, stock splits and reverse stock splits are all included in return calculations.
What is the Total Return for a given research analyst or firm? How is it calculated?
The Total Return is a composite return on all recommendations issued by a research analyst or firm. It is calculated as the average of all returns on an analyst’s or firm’s individual recommendations.
What is the Initial Price?
The Initial Price is the first closing price for a specified company upon recommendation release. If the recommendation is issued in after-market hours, the Initial Price is the next day’s closing price (for a given symbol). In case of dividend distributions and stock splits, Initial Price is adjusted.
What is the Price Target?
The Price Target is an analyst’s projection of a company’s stock price by the end of the recommendation period. It represents the price at which the analyst would exit his or her existing position.
What is the Latest Close Price?
The Latest Close Price is the value of a company’s stock upon most recent market close.
What is the Closing Date?
The Closing Date is the expiration date of a recommendation. The validity timeframe of a professional analyst’s recommendation is 12 months. Investor Wand analysts can set their recommendation timeframe to one, three, six, or 12 months.