furious Offline_s furious (Admin)   Oct 16, 2008
We are planning to do a major redesign of the site to make navigation simpler and the usage clearer.

Ideally, what currently takes 3 click should take 1 click after the redesign.

If you have any design wish that you would like to be incorporated in the new user interface, feel free to post it in this thread.
Offline_s jeffberman (Basic)   Oct 21, 2008
the ability to switch between not only your portfolio dashboard, but the ones you are sharing as well, and possibly the ability to arrange the order would be cool
Permalink   Offline_s furious (Admin)
We are planning to do a major redesign of the site to make navigation simpler and the usage clearer. Ideally, what currently takes 3 click should take... more...
Offline_s camber (Basic)   Oct 25, 2008
1. ability to export monthly returns (up to five years) to excel
2. ability to save add-ons to the performance chart, eg an index, stock or etf.

thank you.
furious Offline_s furious (Admin)   Oct 25, 2008
Point taken. Will try to push it out in our next release
Permalink   Offline_s camber (Basic)
1. ability to export monthly returns (up to five years) to excel 2. ability to save add-ons to the performance chart, eg an index, stock or etf. thank... more...
streetcents2 Offline_s streetcents2 (Basic)   Oct 29, 2008
ability to see all your watchlist portfolios on 1 page
Offline_s jeffberman (Basic)   Nov 3, 2008
tagging/grouping by sector/custom groupings.
Offline_s sunnyv (Mini)   Nov 19, 2008
Options support
Permalink   Offline_s furious (Admin)
We are planning to do a major redesign of the site to make navigation simpler and the usage clearer. Ideally, what currently takes 3 click should take... more...
Offline_s maxgahr (Basic)   Nov 20, 2008
When is it coming out? Roughly?
Permalink   Offline_s furious (Admin)
We are planning to do a major redesign of the site to make navigation simpler and the usage clearer. Ideally, what currently takes 3 click should take... more...
Offline_s maxgahr (Basic)   Nov 20, 2008
Being able to filter down the portfolio into sectors and industries. e.g. what was the performance of my energy stocks in the past three months?
furious Offline_s furious (Admin)   Nov 20, 2008
tentatively Feb
Permalink   Offline_s maxgahr (Basic)
When is it coming out? Roughly?
Offline_s jeffberman (Basic)   Nov 25, 2008
app store applet?
Permalink   Offline_s furious (Admin)
tentatively Feb
Offline_s maxgahr (Basic)   Dec 2, 2008
interface should show total number of transactions on the transactions page.
Permalink   Offline_s furious (Admin)
tentatively Feb
Offline_s IRAbyMe (Basic)   Dec 3, 2008
I welcome an interface redesign as the current interface causes stack overflows on my home pc so I have to log in at work. However, I'm even more interested in any planned changes to the underlying functionality.

I want to keep using Stockalicious, but there are a number of major problems that would have to be fixed before I could think about paying for the service:

1) Dividend Functionality -
Automatic adjustments for dividends does not work correctly and there is no option for entering them manually. For starters, the dividends that are accounted for are being posted on the ex-div date when they should be posting on the pay date. A dividend is not a cash flow until it is available to be spent or withdrawn. By posting dividends on the ex-div date, the return calculations will be wrong and the cash balance will be wrong during the intervening dates.

Also, I have a great many dividends that did not post using the automatic system. I had to add them manually. After some testing, I discovered that the reason they did not post is that I did not own the stock on the declaration date. If I purchased a stock between the declaration date and the ex-div date, the dividend will not post, even though I do recieve the dividend because I owned it at close of business the day before ex-div. There are also a couple of dividends that did post to my transactions, but which I did not actually recieve, nor was I entitled to recieve. I have yet to figure out the reason for these extra transactions.

Finally, with regard to dividends, there is no way to properly enter dividends manually. The only way to entere dividends currently (either manually or automatically) is as a cash transaction"-cash". However, cash transactions represent external cash flows, ie. deposits and withdrawals. Dividends are not deposits. Dividends are returns on investment. Therefore they should be counted as internal cash flows. Dividends need to be a seperate type of transaction, not a buy or sell and not a deposit or withdrawal. Dividends are an increase in the cash portion of your portfolio which is attributable to a current or past stock position but which does not change the cost or qty of shares in that stock position.

Automatic dividend calculation should post a dividend on the pay date for any shares held as of the end of the day the day before the ex-div. date. The declaration date and record date do not matter. Even if this functionality is made to work correctly, we still need a way to manully enter cash dividends (the interest earned on the cash portion of our portfolios). There is no way that your automatic system could possibly account for these, and recording them as a Cash In transaction makes them an external cash flow which is incorrect.

2) Return Calculation -
Return calculation is at the heart of what Stockalicious is supposed to be about, but I'm having difficulty trusting the numbers on my portfolio. I have done some testing and generated some surprising results. I'm not sure how to properly reference these porfolios, but if you look at my Id which is IRAbyMe you will see two real-world portfolios and three TEST porfolios. If you read the description of the portfolios I describe what it is I am testing and why the return calculation is not as I would expect.

I'm not an expert at the math involved, but I know a thing or two and the numbers don't make sense. Test Baseline has three purchases followed by three sales of a single stock. Test 1 has the same transactions but introduces a profitable sell/buy pair. In otherwords, I sold and rebought the stock at a profit during the same time frame that I simply held the stock in the baseline portfolio. Because this results in more profit during the same time period using the same total investment, the return should be higher. However, Stockalicious calculates the return as lower.

In Test 2, I have the same three purchases and sales as in the Test Baseline. However, I changed the date of the first purchase to be about three weeks earlier. So instead of buying and selling three lots over about 1 month, I am buying and selling three lots over about 2 months. The qty and price of each transaction does not change, only the date. Given that the same amount of profit is derived, but the Test 2 portfolio takes more time to accomplish that profit, the return should be the same but the annualized return should be lower. However, Stockalicious calculates both return and annualized return for Test 2 as Negative!!

These discrepancies make me seriously doubt the accuracy of the calculations in my real-life portfolios. BTW, these test transactions are from my real-life portfolio.

3) Performance by position -
If the issues I mentioned above were fixed, then Stockalicious would be an effective way to keep records of my trades and compare the performance of my overall portfolio to an index such as the S&P500. However, what I was hoping to find in Stockalicious and what I would be willing to pay for, is a system to show me the effectiveness of my decisions and my performance on an individual stock and sector basis. I saw someone else make a similar request.

I want to be able to choose an individual stock and see my performance in that stock relative to the performance of the stock itself. In other words, how well did my buy and sell decisions, enhance the performance of that stock. Seeing this graphically would be nice, but I would also like a numeric measure.

I would then like to put a group of stocks together and compare my performance in that group to my own performance in a different group, or to my own performance in that same group during a different time period. I would also like to compare that group to my portfolio overall.

Finally I would like to be able to see the performance of my overall portfolio compared to any given index (currently available). I would then like to see how commissions and dividends have impacted my performance. How much better would my performance have been if I were operating commission free? What was the price performance of my portfolio, without regard to dividends? What was the dividend yield of my portfolio without regard to capital appreciation? And what are the answers to each of these questions for groups, sectors and individual stocks?

If you can provide that functionality (and I'm convince that everything is calculating correctly), then I will open my wallet for you! :-)

I know these changes will not happen immediately. I used to be a programmer, so I know how difficult it is to make everybody happy and how impatient we users can be. Keep up the good work you've done so far! If you need more feedback, I'm sure I can be obliging ;-)
Offline_s IRAbyMe (Basic)   Dec 3, 2008
I think I figured out how to post links to the Test portfolios I mentioned:

Test Baseline - http://www.stockalicious.com/portfolio/3153
Test 1 - http://www.stockalicious.com/portfolio/3151
Test 2 - http://www.stockalicious.com/portfolio/3154

The description of each portfolio has information on the problem that the test identifies. To compare portfolios to each other, look at the return calculations specifically during the dates specified in the portfolio name.
Permalink   Offline_s IRAbyMe (Basic)
I welcome an interface redesign as the current interface causes stack overflows on my home pc so I have to log in at work. However, I'm even more interested... more...
furious Offline_s furious (Admin)   Dec 3, 2008
I just checked the records. The performance is working correctly. The reason why you are seeing negative returns is because the buy price that you entered (45.85) on July 1 is below that day's range of 65.50-68. Hence, to prevent any performance calculation weirdness due to data entry errors (such as the above price), we will automatically correct your buy price to the previous day's close (i.e. Jun 30's closing price). hence, as to why you're seeing negative returns for the July 1 to Aug 27 portfolio, that's because that is the performance for a portfolio that bought into CHK at Jun 30's closing price of 65 and selling it at 50 in Aug.
Permalink   Offline_s IRAbyMe (Basic)
I think I figured out how to post links to the Test portfolios I mentioned: Test Baseline - http://www.stockalicious.com/portfolio/3153 Test 1 - http://www.stockalicious.com/portfolio/3151 Test... more...