Audience
Traders
About VectorVest
VectorVest tells you when to buy, what to buy, and when to sell. It's that simple. Discover the benefits of world-class stock analysis and market guidance. See the best investment, first. VectorVest’s forced rankings always brings the best investments to the top. Every strategy. Every time. Organized and ranked by every strategy’s unique goal and level of risk, there’s no guesswork. Get clear, unambiguous market guidance with VectorVest. Through confirmed market calls, VectorVest offers strategic trading entry and exit points, so you can preserve capital before markets tumble, and take full advantage as they start to rebound. At a glance, market timing indicators tell investors whether market conditions are right or whether it’s safer on the sideline.
Pricing
Integrations
Company Information
Product Details
VectorVest Frequently Asked Questions
VectorVest Product Features
VectorVest Additional Categories
VectorVest Reviews
Write a Review-
Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"VectorVest does not show earnings, but only forecasts of earnings" Posted 2021-03-21
Pros: It's fairly easy to use, once you take the training.
The easy approach is to keep ideas in a "watchlist."
With a bit more effort, users can track their portfolio.Cons: I’ve used VectorVest for several years, but am now stopping. It’s because I checked their data against another source (MSN.com), and found that it’s unreliable.
Upon consulting with their support folks, I learned a surprising fact: VectorVest does not report earnings, but only FORECASTS (or "estimates") of earnings. Even after the quarterly earnings reports come out, they will keep the forecast data in their history, even if it's wildly inaccurate.
EXAMPLE: Comparing Facebook from July 2019 to June 2020.
VectorVest shows revenue steadily increasing month by month. MSN shows that revenue peaked in December 2019.
VectorVest shows earnings stuttering for the first 3 months, then going steadily upwards from then on. MSN shows that earnings peaked in December and never recovered to the earlier level.
If you are a VectorVest user, even on a trial, you can see this for yourself.
1) Choose any stock, and open a graph for it.
2) Show at least the graph line for earnings.
3) Notice that it gives "earnings" right up until today. But no one will know the true earnings until they are reported, perhaps two or three months from now.
4) Furthermore, notice how the "earnings" line on the graph changes every day, sometimes with big changes up and down. All this is just estimates. A graph of true earnings will have just four data points each year, one for each quarter.
5) For Canadian stocks, I also notice that the dividends graph line often has movements up and down from day to day and week to week. This is pure speculation; it's not based on actual data.
VectorVest simply is not a trustworthy basis for investment decisions.Overall: After I learned about this problem with "earnings," I asked them to refund the remaining half-year in my subscription. They refused.
Read More...