FAQ from SimFin
What is SimFin?
SimFin is a platform for stock analysis and financial data downloads, offering advanced tools for portfolio analysis, stock screening, and backtesting. With access to data for over 5,000 stocks, it is a key resource for analysts looking to optimize their investment strategies.
How to use SimFin?
To use SimFin, sign up for a free account and access a wide range of features. Utilize the stock screener to create custom filters and indicators, backtest strategies, and download financial data via API or bulk-CSV for comprehensive analysis.
What type of accounts is SimFin offering?
SimFin offers FREE, BASIC, and PRO accounts. The FREE account provides access to core features, while BASIC and PRO accounts offer additional benefits and higher-speed data connections. Detailed pricing and features are available on the Prices page of the website.
Who are the investors of SimFin?
SimFin secured funding in 2022 from IBG Risikokapitalfonds managed by bmp Ventures, an investment fund supporting innovative start-ups in Sachsen-Anhalt, Germany.
Why are there more US stocks listed than European stocks on SimFin?
SimFin is expanding its database and aims to complete the history of the US stock market by Q1 2023, European markets by the end of 2023, and Asian markets by the end of 2024.
What is a stock screener?
A stock screener is a tool that helps investors filter thousands of securities based on custom criteria. SimFin's stock screener allows users to build complex conditions with indicators and visualize financial metrics and market distributions.
What is backtesting of investment strategies?
Backtesting involves applying an investment strategy to historical data to evaluate its past performance, providing insights into its potential effectiveness.
How can I get help for the SimFin tools?
SimFin offers video tutorials and articles on the Support page of the website, providing tips and best practices for using the tools effectively.
Do I have to pay for a SimFin account?
SimFin offers a free account with access to core features, as well as paid accounts (BASIC and PRO) for additional benefits and faster data connections. Pricing details are available on the Prices page of the website.
Is SimFin a German company?
Yes, SimFin Analytics GmbH is based in Halle (Saale), Germany, and is owned by German shareholders.