FAQ's

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.

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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.

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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.

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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.

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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. 

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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.

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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.

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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.

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• 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.

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• Z score of each parameter for each security is calculated as per following

formula

(x – μ)/ σ

Where;

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

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• 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.

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• 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

Fiscal years

Weighted average Z score is calculated for all securities as per the following

formula

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

variability)

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• 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