Check out my first Streamlit stock tracker app

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Hi all,

Today I released my first Streamlit app. It’s a stock tracker for value investing strategies. In short, you select the stocks that are relatively cheap (low price/earnings), but also generate earnings efficiently (high return on capital). In theory, these stock will outperform the market. You can find the app here: https://stock-tracker-magic-formula.streamlit.app/?mobile_view=False
Also, I wrote a blog on medium for those that would like to know more about this type of stock investment strategy: Top European Magic Formula Stocks | by Steven | Dec, 2023 | Medium

The frontend of the app is Streamlit, the backend is Google Sheets and a Google Cloud Function to scrape the necessary financial information.

Let me know what you think!

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@amigobrewbrew - Any plans to release this? I’m interested in how you implemented Greenblatt’s formula, especially the data sourcing. Thanks!

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The app should be accessible via the link in the OP. That means it’s released right? As I am new to the Streamlit community cloud, I might be missing something here.

I won’t make the data sourcing code open source yet. However, I mainly used this library: yfinance · PyPI with some changes of my own.

On Medium I am planning on expanding on the Magic Formula and the logic I applied. Here you can find the Magic Formula rationale in a nutshell: Magic formula investing - Wikipedia.

I made a few changes where I am focused on European markets instead of American. Also I am using normal distributions to score the stock metrics instead of ordinal ranking. All these things I am planning on describing on Medium as well. The app will be the basis of a stock trading strategy blog I am trying to set up. In any case, I can recommend you to buy the book of Joel Greenblatt as it really works and of course to follow me on Medium and Streamlit :wink: !

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Thanks… I’ve put a follow on your Medium :slight_smile:

Though your app is publicly usable, the GitHub repo isn’t visible via the app (that’s what I meant by releasing it). This means you deployed it to Streamlit Cloud from a private GitHub repository.

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Oh of course. I understand. Might be doing that. December is busy times and I always put sensitive data in the older commits so I would need to clone and stuff, so I will keep you updated when I do.

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Hi, if you are interested I have written a medium blog with more details of the app operation: Magic Formula Stock Tracker App - Functional Description | by Steven | Jan, 2024 | Medium Also the app received many updates. Enjoy!

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The app appears to have crashed. Reboot? Will check it out and you medium post later. Thanks for the heads-up.

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I don’t know. Maybe you hit a fluke; it’s online and working for me. What happened?