Stock Rover 6.4: Asset Tracking, Ideas Tab, & More

April 4, 2016 |

What time is it? Time for a new Stock Rover release!

Let’s take a look at what was released today in Stock Rover 6.4.

Asset Tracking

You can now price and track any assets you wish in your portfolios, including assets not otherwise tracked in Stock Rover such as bonds and options. This exciting upgrade allows you to see and track your total portfolio value, not just the equities and ETFs.

This is possible in both brokerage-linked portfolios and manually-updated portfolios, details below.

Brokerage Linked Portfolios

Earlier this year we introduced brokerage connection, allowing you to connect your Stock Rover account to your brokerage for seamless portfolio updating. Previously, only positions supported by Stock Rover (such as stocks and ETFs) were carried over, but now all assets from a brokerage portfolio will show up in your Stock Rover portfolio.

If you have already linked to your brokerage house, any previously unimported assets should now be visible in Stock Rover. Go ahead and take a look.

If you haven’t yet linked Stock Rover to your brokerage, now is the time! Instructions are here.

We have also added the ability to edit buy prices for linked portfolios, in the event that the Yodlee feed does not import the correct buy price. To do this, open the Portfolio Performance view in the Table and hover over cells in the Buy Price column. You will find that the cell becomes editable.

Please note that brokerage connection is in beta. If you are experiencing any issues with your linked portfolios, please let our support team know.

Manually Updated Portfolios

To add assets to a portfolio that isn’t brokerage-linked, simply select the ‘Edit’ button by Other Assets at the bottom of the Update Portfolio window, as shown below:

edit assets button

This will open the following window where you can enter any assets you wish and price them.

edit assets

Use the Category drop-down menu to select what kind of asset you are adding, and the cost and current price fields to enter the asset’s value.

Ideas Tab

Want some fresh investing ideas? Head to a brand new section of Stock Rover Markets: the Ideas tab.
ideas tab

This tab features screeners, most active stocks, content from our blog, and more. We’ll be updating the content on a regular basis.

Portfolio Analysis Upgrades

We’ve added a few metrics and refined the logic for some of the existing metrics in our Portfolio Analysisfacility to provide multiple ways of understanding your portfolio performance.

The newly-added Appreciation columns show a simple price appreciation of the investment over the selected reporting period, in dollars and by percentage. The Return on Investment (ROI) column, also new, is a similar calculation but factors in dividend and interest income. ROI is particularly useful for holdings that were owned for only part of the reporting period because it does not compound the performance over the entire reporting period. These new columns complement the Period Rate of Return column (also known as Internal Rate of Return or IRR), which shows a money-weighted return that provides the most accurate return calculation when there have been significant inflows and outflows.

These columns can be found in the Value Over Time and the Holdings Detail tabs.

Portfolio Analysis is a Premium feature that can be found in the Start menu and by right-clicking a portfolio and selecting ‘Analyze Performance.’

A Few New Metrics

We’ve added a few new metrics. Add these to any table view using the ‘Add Column’ button in the top righthand corner of the Table.

EBITDA / Enterprise Value is a valuation ratio that compares a company’s operating and non-operating profits to its equity and debt. Because it accounts for debt structure, it is often more valid for comparing across companies than the P/E or earnings yield. Unlike its inverse EV / EBITDA, a higher value indicates a lower valuation.

Expense Ratio is the net annual fee that funds or ETFs charge their shareholders. You can also find this metric in the Insight panel when you have an ETF selected, shown in the image below.

expense ratio

Enjoy!

We hope you enjoy these new conveniences and upgrades. Feel free to send us your feedback atfeedback@stockrover.com or using the ‘Contact Us’ form in Stock Rover.





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