SimFin is an AI-powered platform that helps financial analysts, investors, and traders to make smarter decisions. It comes with stock screening and a backtesting tool for filtering financial metrics and testing investment strategies. It even analyzes historical data while providing detailed financial reports, custom charts to visualize trends, and more.
You can download CSV, which integrates with Excel and Python API as well. It even compares stocks with industry benchmarks and boosts investment strategy. Not only this, but it offers tools to analyze financial data, track portfolios, and offer valuable insights as well.
| SimFin Review Summary | |
| Performance Score | A+ |
| Assistant Quality | High-quality assistance |
| Interface | User-friendly Interface |
| AI Technology | Machine Learning Algorithms, Data Analysis |
| Purpose of Tool | It boosts the stock game with portfolio analysis, fundamental data, and financial insights for testing winning strategies. |
| Compatibility | Web-based Platform, Integration |
| Pricing | Free trial + Paid plan starts from $29 a month |
Who is Using SimFin?
- Investors: Those who want a digital assistant for comprehensive financial data and stock analysis can explore this tool easily.
- Financial Analysts: They can analyze historical data, and can get financial insights with key ratios easily with it.
- Developers: Those developers who want API integration for financial data into custom platforms can also take advantage of this tool.
- Researchers: They can get accurate, up-to-date company fundamentals with the help of this tool.
- Traders: Those who want AI for in-depth market analysis and decision-making tools can also use this tool easily.
SimFin Key Features
| Stock Screener | Historical Visualization | Backtesting Tool |
| Portfolio Simulation | Financial Data Access | Data Extraction |
| Data Visualization | Social Trading |
Is SimFin Free?
It comes with both free and paid plans. Its free plan comes with 5,000 US stocks and unlimited portfolio analysis. However, for more you need to get the paid plan.
- Start plan costs $25/month
- Basic plan costs $59/month
- Pro plan costs $119/month
Pros & Cons
Pros
- Boost stock game while testing strategies and accessing financial data
- Offer backtesting tool for strategy optimization and dynamic portfolio simulation
- Provide stock screener with custom filters, historical visualizations, and more
- Access trading logs for reviewing and downloading trading data
- Offer multi-access via Python API, and CSV downloads
Cons
- Offer limited coverage of European and Asian stock markets
- Advanced features require subscription plans
FAQs
Does SimFin allow financial data downloads?
Yes, you can easily download the financial data through CSV files and Python API. It even supports bulk downloads and calculates stock metrics as well.
SimFin financial analysis tools good for?
It offers a stock screener tool for finding desired stocks, analyzing portfolios, and offering visual charts. It also offer backtesting tool for testing stock strategies, and analyzing historical data.
What kind of data does SimFin offer?
It provides various data like fundamental data, key ratios, and stock performance metrics.
