ValueRay is a free stock, dividend, and options screening platform. The website gives investors tools to analyze over 25,000 stocks, ETFs, and funds.
Users can filter investments by different metrics. There’s data on fundamentals, dividends, and technical indicators right at your fingertips.
Features
ValueRay packs in several handy features for investors. The stock screener lets you sift through thousands of investment options based on things like performance or stability.
You can search for stocks with steady revenue or strong year-to-date numbers. The dividend screener helps you spot investments with appealing yields, some even land between 7-11% over the past year.
There’s also an options scanner that shows possible option trades. You’ll see specific suggestions like short puts and covered calls, along with expected daily returns.
ValueRay displays upcoming economic events that could move the markets. Countdown timers make it easy to keep track of what’s next.
The trade setup section highlights stocks with buy signals or interesting patterns. Each listing includes sector info, setup strength, recent performance, and ratings for growth and fundamentals.
You can check out market capitalization values to get a sense of company size. It’s straightforward and surprisingly useful.
Stocks are organized into themed categories like “Investing Ideas,” “Dividend Stocks,” and “Potential X-Baggers.” These help you zero in on investments that fit your goals.
The platform seems to update data regularly, so you’re not stuck with stale numbers. That’s always a relief.
Costs
ValueRay is free to use. The website even highlights “Free Stock, Dividend and Options Screener” right up top.
The options scanner is clearly labeled as “Free Option Scanner.” This approach opens the door for investors of any budget.
There aren’t any premium tiers or subscription options mentioned on the main page. You just get access, no strings attached.
Pros and Cons
Pros:
- The platform gives you free access to powerful screening tools for stocks, dividends, and options.
- You can filter through over 25,000 investment options. There are detailed metrics on performance, stability, and yields.
- The website shares practical trade ideas. It even includes specific metrics like yield percentages and setup strength ratings.
Cons:
- The website doesn’t really explain where its data comes from or how often it updates. That makes it tough to judge how reliable everything is.
- Some data points, like “Growth Rating” and “Fundamental Rating,” just show numerical scores. There’s no clear breakdown of how they’re calculated, which can feel a bit mysterious.