SynVero Releases New Analytics Feature
Louisville, KY, June 16, 2016 (Newswire.com) - SynVero, a cloud based innovative provider of stock screening, backtesting and trade simulation software for investors, announced the formal release of a new compelling feature that measures a potential return on investment using historical market data. Positioned as a more simplified alternative to their robust backtesting engine, SynVero’s new Buy and Hold feature quickly renders a snapshot analysis of an investor’s stock market filtering logic.
“Our Buy and Hold feature fills a void between the inherent complex nature of backtesting an investment strategy and not having any analysis at all,” says Kenn Pennington, founder of SynVero LLC. “Based on feedback from our customers, we recognized a need for a diagnostic tool that didn’t require the meticulous examination offered in our backtest assessments. “
Our Buy and Hold feature fills a void between the inherent complex nature of backtesting an investment strategy and not having any analysis at all. Based on feedback from our customers, we recognized a need for a diagnostic tool that didn't require the meticulous examination offered in our backtest assessments.
Kenn Pennington, Founder of SynVero LLC
The new feature is available to both Basic and Pro edition subscribers and permits testing against both SynVero’s publicly available and user defined filters. Investors can also determine if the strategy should be that of an investor taking a long versus short position in the identified stocks and securities. Using SynVero’s powerful and flexible filter designer, investors can easily design stock screening criteria that can be tested using the newly released Buy and Hold tool.
About SynVero
SynVero provides investors with a powerful stock screener, backtesting engine and trading simulator. Investors can easily locate stocks and other securities based on technical indicator achievements, financial fields derived from SEC 10Q forms and professional analyst recommendations. Our filter designer facilitates inclusive, exclusionary, “and or” logic, custom technical indicator settings and time span evaluation for event occurrence.
Source: SynVero
