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General questions:If I have never invested in stocks before, do you recommend using your software? Does InvAn give enough information to make a right investment decision? Can your software predict the overall stock market? Why does not Addaptron Software support the return policy? What are the main differences between InvAn-3 and InvAn-4? Some time ago I already evaluated InvAn-3, how can I buy it now? How can I trust InvAn results?
Demo version users' questions:Do I need to subscribe to the database update in order to have complete, up to date data? If I use a database that has my own stocks, can I keep it updated daily without further charges? Is the fundamental data update also done automatically from the Internet? Why doesn't InvAn have plotting a particular technical analysis indicator? How should demo-users evaluate InvAn?
All-option version users' questions:Can InvAn be used for a long-term prediction? How can I calculate correlation between my two stocks? Where can I find the instructions that can help to avoid losses? If I have desktop and laptop, can your software be installed on both machines? Can I get an extra unlocking key in case, for example, if my computer crashes? When should I expect the release of a new version of InvAn?
When I click on the download link, my system shows a security warning. Is it safe to download and install your software?The safety and quality of our products are our major priorities. If you are downloading from our website, it should be no problem. We use a secure web hosting. Also our products are well tested; we fix any reported bugs fast. If you have any trouble with our software, please report us at support@addaptron.com or use our on-line form to send an instant message. Back to TopHow can I trust InvAn results?InvAn calculations are transparent for users. The intermediate calculation and the final result can be checked. For example, users can clear see why some companies have high fundamental rating or others have low by examining each fundamental rating component. Another example - Cup-With-Handle filter; it is easy to look at the chart and check how seven-conditional filter works. InvAn should be rather considered as a perfect tool in the same way as computer or calculator. Also there is a simple way for demo-users to make sure about prediction because demo-version includes forecasting data that slightly outdated. So that by comparing current prices (or in the future) with InvAn predicted expectations it is easy to define to what extent InvAn can be trusted. Besides, Addaptron Software developers successfully use InvAn for their investing. Back to TopWhere can I find the instruction that can help to avoid losses?Users of InvAn should regularly update fundamental data and use only fresh historical stock quote data downloaded from the Internet. If input data are outdated or wrong, the output result will be wrong. Users should update input data and recalculate results BEFORE making their investment decisions. Since InvAn does not formalize all informational universes, it is recommended to confirm an investment decision with the latest company's news, as well as, macroeconomics trends. User's Manual has a paragraph called Important Warnings that explains in detail how an investor can minimize losses in investing. Back to TopWhat are the main differences between InvAn-3 and InvAn-4?InvAn-3 does not include the processor for updating stock market model (technical analysis) and uses a basic model. InvAn-4 can perform additional sector analyses and forecast (each sector is composed of the stocks that included in the internal database). Also it performs sector analysis for invested stocks. Besides, InvAn-4 enables to have different fundamental model parameters for different sectors. In general, InvAn-4 design has been indented for more advanced users. Back to TopWhy doesn't InvAn have plotting a particular technical analysis indicator?Currently, there are a lot of software tools that are very good in working with technical analysis indicators (for example, MetaStock). Since InvAn has many unique features, such common feature as plotting technical indicators could complicate using software. In brief, InvAn has been designed for busy investors who prefer automatic processing and using the rating number as a result of many technical analysis indicators' signals, as well as, taking into account fundamental information. Back to TopIf I have never invested in stocks before, do you recommend using your software?We would recommend the following three-step approach: 1. Get stock investing education. The following books can
be recommended for self-education: Stock Investing For Dummies by Paul Mladjenovic
(very useful and important to read book) The following three books by William J. O'Neil: How to Make Money in Stocks, 24 Essential Lessons for
Investment Success, and The Successful Investor How to Make $1,000,000 in the Stock Market
Automatically! by Robert Lichello 2. At first, practice using our software without investing
real money. In other words, simulate buying and selling. Back to TopDoes InvAn give enough information to make a right investment decision?The main purpose of InvAn is to provide users with in-depth analysis to maximize the return on their investments. Despite the fact that InvAn has been tested for many years with excellent results, it has its own limit as any other tool. According to Efficient Markets approach, news and other public information are incorporated into the price of a stock with a certain time delay (price is supposed to reach and keep a stable equilibrium that change only each time a relevant new information is known). Since InvAn does not formalize all informational universes it is recommended to confirm an investment decision with other sources. However, be aware that any forecast, which based on past performance, will err if a new influential factor appears. Besides, as history evidences, even top-ranking stocks can suffer losses. Please note, monitoring company's news, as well as, macroeconomics trends are very important. Back to TopCan InvAn be used for a long-term prediction?Basically, yes. The biggest component (by default settings) of InvAn Composite rating is Fundamental rating, which usually changes not so fast - with updating analysts' recommendation, ratios, external ratings, and quarterly income report. Also since InvAn Fundamental rating uses two-year period of the past company performance, it can be projected into the future, i.e., Fundamental rating may be used separately for a long-term forecast. However, past investment performance does not guarantee future returns. So that confirmation of investment expectation by last financial reports, news, and macroeconomics trends is very important for a long-term perspective. Back to TopCan your software predict the overall stock market?Yes, using historical quotes data analysis. Particularly, SMAP-2 has been developed to study the behavior of major market indexes for a period from one year to more than 40 years on the basis of spectrum analysis and statistics. It helps evaluate the future performance within 1/3 period of historical data. Also InvAn-3/4 has a tool that allows predicting indexes using Fourier spectrum analysis for six-month period. Historical index change can be successfully decomposed by Fourier series. It is statistically confirmed that Fourier analysis gives relatively reliable and simple forecast result. Besides, general market influence is accounted in technical analysis rating of each stock by using up to four different market indexes. In addition, InvAn-4 has useful features to analyze market sectors. Back to TopHow can I calculate correlation between my two stocks?InvAn has been designed to calculate the correlation coefficient between group of invested stocks (Invested portfolio) and other stocks in InvAn database. However, a user can also calculate the correlation between two stocks only. For this purpose, assign your base stock to Invested portfolio (there should be no other stocks in this group) and enter any shares number and book value (zeros will not be accepted). Your second stock should exist in the database and both historical quote stocks data should be downloaded from the Internet. Then run Processing > Correlation: (correlation is calculated for the last 1.5 years). Back to TopSome time ago I already evaluated InvAn, how can I buy it now?You should install a free evaluation version first anyway. Follow menu Help > Purchase / License. You will be asked to fill in the purchase order form and generate file User_ID.iat. Then find this file under subdirectory /InvAn/LICENSE/ and email it to sales@addaptron.com as an attachment. All these steps are explained in details by following the menu Help > Purchase / License. When you receive your unlock key (i.e., file Unlock_k.iat), you will activate all options licensed version by simply copying the file Unlock_k.iat under subdirectory /InvAn/LICENSE/. Back to TopIf I have desktop and laptop, can your software be installed on both machines?Yes, if the same user prefers to have software installed on 2-3 different computers, we issue up to 3 unlocking keys anytime. Back to TopCan I get an extra unlocking key in case, for example, if my computer crashes?After purchase a user can re-download the same version and re-install the software on the same computer unlimited number of times (your once issued unlocking key will be valid always). If a user upgraded to a new computer, we allow transferring the license from one machine to another machine for the same user. If the same user prefers to have software installed on 2-3 different computers, we issue up to 3 unlocking keys anytime. Back to TopHow should demo-users evaluate InvAn?1. Go to Help > Manual. Read it through. 2. Try all menu items that are available for demo-version (if something goes wrong, you can always re-install the software). 3. Try to understand how everything works. Explore all output results. If something is not clear - go to Manual. 4. As time goes by, watch the performance of the stocks that are high-ranked to make sure that InvAn prediction was correct. Back to TopWhy does not Addaptron Software support the return policy?It is a standard in the software industry. In the same way - once you open the box with software, the package cannot be returned. We provide potential buyers with 60-day evaluation software to help to make a right decision. We encourage people to study the product properly before buying. It is better not to waste time, money, and other resources for returning. Since our software can be considered as a kind of investment with a good return for a user, there is no need to attract customers using the return policy. Back to TopWhen should I expect the release of a new version of InvAn?Addaptron Software is planning an official release of InvAn-5 in July-August 2008. Back to Top
Do I need to subscribe to the database update in order to have complete, up to date data?No, you don't. Users can update input data available from the Internet for free anytime on their own. InvAn database consists of two parts - (1) fundamental DB and (2) historical quote files. Users should update publicly available data (1) manually (Input > Company-Stock Database > different data sources) at least once in three months when companies publish quarterly financial reports (or when some expert expectation is changed - for "External ratings" and "Analysts' Opinion" parameters). For more details, please refer to Manual. The second one (2) is provided with an automatic update - just one button click after 7 pm PST (10 pm EST) to get the current day fresh quotes of stocks (the stocks included in your InvAn database and traded at US or Toronto stock exchanges). This button is "Update all stocks historical quote data" - the option becomes available after receiving unlocking key. Back to TopIf I use InvAn database that has my own stocks, can I keep it updated daily without further charges?Yes, you can keep your stocks updated daily by yourself without further charges. Back to TopThe data on the trial version I've been experimenting are outdated. Is that a trial version restriction, or do I need to make some type of program adjustment?The trial version has a restriction for updating daily quotes and ratings calculations. These options become available after receiving unlocking key. Back to TopIs the fundamental data update also done automatically from the Internet?The fundamental data update is not done automatically yet. When a user adds a new favorite stock in InvAn company-stock database, he/she may provide it with around 17 parameters. These parameters are publicly available through the links suggested in the program and free of charge. If no fundamental data entered for a specific company, the fundamental rating of this company should be ignored in the composite rating result. Back to TopThe following error message appears when I attempt processing: "File C:\InvAn3\SYS\HQF\xxx.hqd is absent!" Please advise?It happens when a symbol has been added to Company-Stock
database (Input) but its historical stock quotes data have not been found
in the internal database. Specifically, "xxx" has less than 384
days of trading history that may result such error. Please refer to Manual
about a minimal historical data period requirement. Back to Top |
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