I made an online portfolio balancing tool (update)

A couple weeks ago I posted this and requested for feedback. Just wanted to show an updated version and get some feedback from the community!

The overall idea is to have a kind of cyborg advisor. You have an automated system to recommend you stocks but you also have the autonomy to add/veto stocks. It all starts by presenting the stock profiles, evs and risk. You could pick stocks by selecting the boxes on the left.

Pick your stocks according to the profile

Alternatively, you can use a machine learning advisor. This is simply some classification algorithm that is applied to daily prediction and you can see key metrics, such as how precise it is and how well did it do trading a given security

A Machine Learning algorithm advising what stocks to buy

After selecting the securities, you can pick a portfolio optimization technique and get recommended weights and number of shares to buy.

Recommended weights and

And that's it! you could now balance your portfolio with the recommendations using your favourite broker. In my case I integrated it with Wealthsimple Trade, but you could use Robinhood or some other platform to automatically balance.

I have open sources some parts of it such as stock scraping and dividend scraping (not pictured).

Let me know what you think of the pipeline and any suggestions you might have!

Submitted October 28, 2020 at 07:40AM by vnsilva
via https://ift.tt/31QqUkI

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