The platform is divided into three main sections: the Stock Screener, Portfolios and News. The Stock Screener, as the name suggests, enables users to select different metrics and screen stocks to identify the best ones for investment. The Portfolios section allows users to monitor all their investments, analyse their investment performance and track the prices of the stocks they are interested in. The News section provides up-to-date news on stocks, financial markets and the economy from different sources.
One of the most beneficial tools of Google Finance is its advanced charting capabilities. Investors can track a stock’s performance over time using a variety of different chart types such as line charts, candlestick charts and bar charts. Each chart can be customised, allowing users to choose different time frames, indicators and overlays to analyse stock data.
In addition to stock information, Google Finance also offers data on currencies and commodities. Users can track the latest exchange rates between currencies and also monitor the prices of commodities such as gold and oil.
Another useful feature of Google Finance is its ability to provide alerts to users. Users can set alerts for specific stocks, indices or currencies and they will receive an email notification when the value of the asset changes in real-time.
Google Finance also offers financial news and market analysis for its users. Users can access articles from a variety of sources on topics such as the latest financial news, stock market trends, and investment strategies. This information can be useful for both casual investors and professional traders.
Despite all its advantages, there are certain drawbacks to the platform. One of the major criticisms of Google Finance is that it is not always as up-to-date as other financial news sources. This can be problematic for traders who are looking for accurate, real-time information as a few seconds can make all the difference when it comes to making a trading decision.
Another issue with Google Finance is that it lacks advanced portfolio management tools. While the portfolio feature does allow users to track their investments, it does not offer as many customization options as other portfolio management tools in the market.
In conclusion, Google Finance is a useful platform for both casual and professional investors as it provides a wide range of financial tools and information. The platform’s real-time data, charting capabilities and alerts make it a valuable resource for those looking to stay up-to-date with the latest market trends. However, it does have certain limitations and areas for improvement, such as providing more up-to-date information and advanced portfolio management tools.