Does anyone here use Morningstar to supplement P123? If so do you find it useful or does it interfere with a purely quantitative/rules-based approach?
What would you use from it? I get some of their things for free via IBKR
Can you elaborate pls?
Interactive Brokers provides free Morningstar reports and ratings
Morningstar has a proprietary DCF model for vast part of stocks, so accurate(taking into account flaws and strengths of valuation models) in some cases. You can see it in through IB as well.
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Try the P123 Panels feature!
That being said here is some of what IBKR has:
its like 30 pages like this:
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I use the Panels here frequently. Great stuff. I’ll check out the IBKR offerings. Thx.
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Most DCF models are not very influenced by a stock's actual price. If I remember correctly, Morningstar's is a big exception to this rule. That's why I didn't trust it when I looked into it a few years ago: valuations were simply too close to actual prices. SimplyWallSt did/does a better job IMO.
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Anyway ,it s a black box
That looks like Fast Graphs?