Many of you emailed and tweeted us about using the accumulated intelligence of the platform, in order to give investors better insights into stock performance. We heard you. 

Today, we have launched our Trendlyne Stock Scores. Each stock is scored automatically across three metrics: Durability (measures long-term financial health), Valuation (is there value for investors in this stock, with respect to its share price, earnings, financials, etc) and Momentum (Bullishness, Bearishness). These are the first proven stock scores in India. 

The scores have been developed using our quant strategy tools, with support and backtesting. Based on backtests, stocks with high combined scores have given 10x returns in the past 4 years. 

The scores go from 0 (worst) to 100 (best). The DVM scores allow investors to quickly filter out bad stocks, and focus their research on the better performers. Visit any stock page on Trendlyne from now onwards (some examples: Maruti Suzuki, Reliance Industries, HDFC Bank) and you will see a colorful new ribbon with the stock scores. There is also a reference note for how the scores work, along with proof of their effectiveness, here.

The scores are free to use (some additional features including backtesting are for subscribers). Do check them out, and as usual, we are always available for email and questions. 

Warm regards,

The Trendlyne Team