What is Stock of the Day?
The stock of the Day is a website that provides daily stock price breakout information for Indian stock market investors. The website uses a proprietary algorithm to identify stocks that are expected to perform well in the near future.
How does Stock of the Day choose its stock recommendations?
The website's algorithm analyzes various factors such as market trends, company financials, and news updates to identify stocks that have a high potential for growth. The algorithm is updated regularly to ensure that the recommendations are based on the latest information available.
Are the stock recommendations on Stock of the Day guaranteed to make me money?
No, the stock recommendations provided by Stock of the Day are not guaranteed to make you money. Like all investments, there is always a risk involved in investing in stocks. It is important to do your own research and consult with a financial advisor before making any investment decisions.
How often are the stock recommendations updated on Stock of the Day?
The stock of the Day provides daily stock price action and huge volume reversal breakouts information, which are updated during the live trading day. The website also provides a weekly recap of the performance of the recommended stocks.
Is there a subscription fee to access Stock of the Day's stock recommendations?
No, It is a free subscription to access Stock of the Day's stock information.
Can I cancel my subscription to Stock of the Day at any time?
Yes, you can cancel your subscription to Stock of the Day at any time. The website offers a hassle-free cancellation process, and you will not be charged any additional fees for canceling your subscription.
Is Stock of the Day affiliated with any brokerage firms or financial institutions?
No, Stock of the Day is an independent website that is not affiliated with any brokerage firms or financial institutions. The website provides unbiased stock recommendations based on its proprietary algorithm.
Can I contact Stock of the Day if I have any questions or concerns?
Yes, you can contact Stock of the Day if you have any questions or concerns. The website provides a contact form on its website, and you can expect a response within 24-48 hours.
What is the Stock Selection Criteria ?
It is based on Z score is calculated on the basis of return on equity
. (ROE), debt-to- equity (D/ E) rate and EPS growth variability in the former 5
. years. Debt-to- equity rate isn't considered for companies belonging to
fiscal services sector.
• Rearmost financial time data is considered for the computation of return on equity
(ROE) and debt-to- equity (D/ E) rate. EPS growth variability in former 5
fiscal years is calculated using acclimated EPS of former 6 years.
Consolidated fiscal data is used wherever available differently standalone
Fiscal data is taken into consideration.
• Z score of each parameter for each security is calculated as per following
(x – μ)/ σ
x is parameter value of the stock
µ is mean value of the parameter in the eligible macrocosm
σ is std. divagation of parameter in the eligible macrocosm
• EPS growth variability isn't calculated for stocks with negative EPS in any of
the former 6 financial years. Similar stocks aren't considered for selection.
• In case of an IPO, company will be considered for selection, if acclimated EPS
. data is available to at least calculate EPS growth variability in former 3
Weighted average Z score is calculated for all securities as per the following
ForNon-Financial Service sector company
Weighted Z score = 0.33 * Z score of ROE0.33 *- (Z score of D/ E)0.33 *-
(Z score of EPS growth variability)
For fiscal services sector
Weighted Z score = 0.5 * Z score of ROE0.5 *- (Z score of EPS growth
• Quality score is calculated for all eligible securities from the weighted normal
Z score as
Quality Score = (1 Average Z score) if Avg. Z score> 0
(1-Average Z score)-1 if Avg. Z score< 0
What stock should I invest in today?
You can buy the top quality stock of the NIFTY200 Quality 30 index which includes the top 30 companies from its parent NIFTY 200 index, selected based on their ‘quality’ scores. The quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio), and earning (EPS) growth variability analyzed during the previous 5 years. The weights of the stocks are derived from their Quality scores and the square root of free float Mcap. The stock weight is capped at 5%. The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs, and structured products.
CONSUMER GOODS 42.80 IT 26.12 AUTOMOBILE 7.21 METALS 3.81 PHARMA 3.76 TEXTILES 3.55 CHEMICALS 3.26 OIL & GAS 2.67 FINANCIAL SERVICES 2.29 FERTILISERS & PESTICIDES 1.86 HEALTHCARE SERVICES 1.63 MEDIA, ENTERTAINMENT & 1.02
Index Governance: A professional team manages all NSE indices. There is a three-tier governance structure comprising the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity), and the Index Maintenance Sub-Committee. Below is the chart of the NIFTY200 Quality 30 index as of Feb 22, 2022. You can see the chart is corrected 14% from top and seems to be bottom. This index itself returned almost 78% since the origin and 120% from COVID 19 bottom in march 2020.
The index series has a base date of April 01, 2005, and a base value of 1000. o Stocks from the NIFTY 200 index at the time of review are eligible for inclusion in the index. o 30 companies with higher profitability, lower leverage, and more stable earnings are selected to be part of the index. o The weight of each stock in the index is based on the combination of the stock’s quality score and its free float market capitalization. o Index is rebalanced semi-annually.
These are the 30 stocks currently present in the index on Feb 22 2022.
Asian Paints Ltd.CONSUMER GOODSASIANPAINTEQINE021A01026
Bajaj Auto Ltd.AUTOMOBILEBAJAJ-AUTOEQINE917I01010
Berger Paints India Ltd.CONSUMER GOODSBERGEPAINTEQINE463A01038
Britannia Industries Ltd.CONSUMER GOODSBRITANNIAEQINE216A01030
Coal India Ltd.METALSCOALINDIAEQINE522F01014
Colgate Palmolive (India) Ltd.CONSUMER GOODSCOLPALEQINE259A01022
Coromandel International Ltd.FERTILISERS & PESTICIDESCOROMANDELEQINE169A01031
Crompton Greaves Consumer Electricals Ltd.CONSUMER GOODSCROMPTONEQINE299U01018
Dabur India Ltd.CONSUMER GOODSDABUREQINE016A01026
Divi's Laboratories Ltd.PHARMADIVISLABEQINE361B01024
Dr. Lal Path Labs Ltd.HEALTHCARE SERVICESLALPATHLABEQINE600L01024
HCL Technologies Ltd.ITHCLTECHEQINE860A01027
Havells India Ltd.CONSUMER GOODSHAVELLSEQINE176B01034
Hero MotoCorp Ltd.AUTOMOBILEHEROMOTOCOEQINE158A01026
Hindustan Unilever Ltd.CONSUMER GOODSHINDUNILVREQINE030A01027
ITC Ltd.CONSUMER GOODSITCEQINE154A01025
Indraprastha Gas Ltd.OIL & GASIGLEQINE203G01027
L&T Technology Services Ltd.ITLTTSEQINE010V01017
Larsen & Toubro Infotech Ltd.ITLTIEQINE214T01019
Mahanagar Gas Ltd.OIL & GASMGLEQINE002S01010
Marico Ltd.CONSUMER GOODSMARICOEQINE196A01026
Muthoot Finance Ltd.FINANCIAL SERVICESMUTHOOTFINEQINE414G01012
Nestle India Ltd.CONSUMER GOODSNESTLEINDEQINE239A01016
Page Industries Ltd.TEXTILESPAGEINDEQINE761H01022
Pidilite Industries Ltd.CHEMICALSPIDILITINDEQINE318A01026
Sun TV Network Ltd.MEDIA ENTERTAINMENT & PUBLICATIONSUNTVEQINE424H01027
Tata Consultancy Services Ltd.ITTCSEQINE467B01029
Tech Mahindra Ltd.ITTECHMEQINE669C01036
You can download the latest stocks from this link.
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What else does Stock of the Day?
The stock of the Day (SOD) is a financial news and research organization that provides information, analysis, and education to help individual investors make informed decisions about the stock market. SOD's mission is to help investors identify leading stocks and sectors and to provide actionable strategies to help investors make profitable trades. They provide several articles and services, some examples are:
The SOD 50: This list is a selection of leading growth stocks that are making strong price and earnings gains. It is updated every week and is intended to provide investors with a starting point for their own research and analysis.
Stock Analysis: SOD provides in-depth analysis of individual stocks and sectors, including coverage of earnings reports, industry trends, and analyst recommendations.
Market Analysis: SOD provides daily market analysis, including coverage of key economic indicators, market trends, and technical analysis of market indices.
Education and Resources: SOD offers a wide range of educational resources and tools for individual investors, including guides on how to read financial statements, how to analyze stocks, and how to develop a successful investing strategy.
Leaderboard: This is a subscription-based service that provides real-time access to a list of top stocks, along with buy and sell signals, and alerts, which can help you identify leaders across different markets and sectors.
Customization:Custom tool development and algorithm analysis for special members.