Both bear and bull markets offer tremendous opportunities to make money. The key to success is finding a stock that can generate profits under a variety of conditions. Limited research coverage and lack of actionable information make it difficult to spot multi-bagger stocks.
Analysts do not cover all listed companies in India. They generally focus on large-caps and popular stocks. Their research coverage revolves around the top 500 companies, while up to 3,000 stocks are traded at exchanges daily. They do not provide actionable information, which can help immensely in investment decisions.
With the Health Score, the investor can measure the financial health of all listed companies. It is a composite financial performance score computed by analysing financials, key ratios and performance indicators. It is computed daily, to capture the latest available fundamental information. Moreover, it finds out whether the company is leading or lagging within the industry or sector.
The Health Score is made up of five main components – value, growth, past performance, quality and dividend. It assigns a score on the scale of 0 to 100.