Have you tried using #CHATGPT for your Investing analysis?
I put it to the test and here's how it can do the heavy lifting for you...
...& help you make informed investment decisions.
Ready to learn?
Let's go...🧵
1⃣ You don’t know how to read financial statements of a company? Here is how you can ask ChatGPT!
- Take @screener_in link of the company & just post it to ChatGPT & you have a quick summary on all the aspects
Here is how I asked ChatGPT to analyse #MRPL for me!😅
2⃣ But now you want to understand a certain aspect of the company & you are clueless why for ex: Sales or Profit went up suddenly in a year!
Here is what I asked ChatGPT about #MRPL Sales sudden change in trend.
I think with good prompts the answers can be even better🤓
3⃣ I went a step further and asked ChatGPT if this increase in Sales will sustain?
And, surprisingly it gave me a few helpful points...
4⃣ I also asked ChatGPT to create a table from the Sales, Operating profits & Operating margins & it did it beautifully🫣
5⃣ Time to compare #MRPL with peers
So, I had another company from the same industry - #Chennaipetro & I wanted to compare financial performance & here is what ChatGPT provided me
6⃣ Comparison in a table format with additional details!
I asked ChatGPT to put this information in a table for me & also include ROCE, ROE, P/E which I always check at first glance & the result 🫢
7⃣ Stock performance comparison!
Next, I wanted to understand the stock performance of both #MRPL & #Chennaipetro and also include the returns of the last 5 years.
ChatGPT was amazing again!🤩
8⃣ ChatGPT does not...
- provide advice
- can't analyse trends
- evaluate company for you without the inputs required to perform it😅
Here are some points where it failed!🙃
Learnt something? If yes, please👇
1. Retweet the first tweet
2. Follow @dmdsplyinvestor
3. Subscribe to my YouTube channel for more content! youtube.com/c/TrendlineInv…
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