Startup Idea: Automated Stock Market Data Tracker and Analyzer

Summary for idea #2792
Startup idea to address the difficulty of tracking and analyzing real-time and historical stock market data during office hours. The concept involves creating a user-friendly software that provides valuable financial data analysis while allowing customizing algorithmic calculations and sending automatic notifications when set thresholds are met.
Original submission by someone willing to pay to get a problem solved (not AI)

I currently work in Insurance, but as a Software Tester, I have also worked for Finance, Back Office system and hardware. One of the problems I have at work does not directly involve work. I work regular office hours, which makes it hard for me to watch, much less research stock information.

While I can easily get historical price data, it is much harder to track historical option data. I also find it difficult to gather value-based data. For example, historical P/E ratio data costs a huge amount of money.

Since I only do this as a part time, side interest, outside of work, I can't afford the very expensive prices for the data. Yahoo use to have a datafeed that did some of this, but they have since turned it off.

There are lots of good screeners that exist, such as https://www.finviz.com/screener.ashx but none that allow you to take that data locally and play with it or inject your own algorithmic calculations.

I guess to wrap this all together, it's hard to track real time data while at work. Even a automated message saying X now fit your requirements could be useful. While historical data is querable by screeners, it's difficult to access the underlying data. For example, I can filter by P/E ratio, but I can't graph the P/E ratio overtime or compare it to that sectors historical P/E ratios without a ton of manual work.

I had one coworker actually quit his job (he was the head of operations) so he could spend more time working in the stockmarket.

I get much of your context implies B2B problems, but it did not forbid this sort of problem. Tons. I found http://www.vuru.co/analysis/PDLI (example stock) gets at some of the data I want... I also use http://www.dripinvesting.org/tools/tools.asp and https://www.gurufocus.com/fair_value_dcf.php and I hand-coded a script to pull yahoo data, but that script no longer works due to yahoo shutting the service off. I no longer know where to go for the data I want at a reasonable price.

See https://stackoverflow.com/questions/754593/source-of-historical-stock-data for examples of how one might spend several hundred dollars a year to access some basic data.

Submitter: (view contact info)

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