To trade the stock markets we need information as proper information only can lead us to profit. Zerodha offers some popular premium products which are beneficial for traders and provides information about the stock market. StockReports+ is one of them. Here, we are going to concentrate on StockReports+ or Stock Reports Plus by Thomson Reuters and Zerodha and will discuss its charges and provide an in-depth review of the same.
Latest Update: Zerodha does not support this venture anymore. Hence, traders can directly check the official website to access the product.
What is StockReports+ or Stock Reports Plus?
Zerodha has launched this Stock Reports Plus tool that provides comprehensive research on 3000+ Indian stocks. This tool is powered by Thomson Reuters. In StockReports+, there are reports, packed with insights ranging from relative valuations, industrial and sectoral analysis along with earnings estimates for risk, valuations, momentum, and more. If you are a Zerodha Kite Account holder, you may get a free trial of the app for a certain period of time. Here, we are going to concentrate on StockReports+ by Zerodha Review.
StockReports+ by Zerodha Review
You can visit their website and click on View Reports. Here, you can log in with your Kite credentials and check all the data in the Stock Reports Plus.
Charges of Stock Reports Plus
Daily near about 3000+ Indian comprehensive stocks reports are being updated in StockReports+. It provides details reports which are typically accessible on Thomson Reuters’ Eikon, this cost more than a thousand dollars annually. However, Zerodha has been able to partner with the Thomson team and convince them to offer the same report on the Zerodha Platform at approximately $2/month to use. It is advisable to join Zerodha Kite credentials and try out the trial version before subscribing. These reports can’t be downloaded.
What is Available in the Stock Reports Plus Reports?
The reports provide the most reliable and extensive market data. These data are updated daily at 11.30 pm every Sunday, Tuesday to Friday. Some of the features are not easily available elsewhere online.
Unique Features of the Reports
- 12-month stock price targets are available with low, high, and mean forecasts.
- An average score is based on 5 fundamental components key along with a complete drill down into each component
- You can check the reasons for stock scores on relative valuation
- Forward-looking fundamental charts are available for each company. Traders can compare this with both the broader market and industry-specific averages.
- You can check and explore Analyst coverage with their recommendations.
StockReports+ Ratings
Thomson Reuters’ average score combines five popular used investment decision-making tools Fundamental, Earnings, Risk, Relative Valuation, and Price momentum. Tracking isn’t easy, therefore Zerodha has built the StockReports+ Rating tool. Traders can easily stay up to date. So there is no possibility to miss anything that is changing on a stock that you hold/track.
Conclusion
StockReports+ by Zerodha and Thomson Reuters is an excellent tool for investors to use in order to easily access the latest stock market information and make well-informed decisions about their investments. It provides a comprehensive suite of analysis tools, data insights, risk management features, and financial news in order to help users increase profits. With its easy-to-understand interface combined with powerful analytics capabilities, Stock Reports Plus helps make investing easier than ever before.
