Today we’re talking about investing and more particularly, HyperCharts, a finance educational tool that helps you decide where to invest. Nowadays, the possibilities are endless, from companies to cryptocurrencies, so having this platform can really make things way easier.
What is HyperCharts
HyperCharts is a financial data visualization platform that provides fundamental financial and business metrics of popular stocks. You’ll find financial metrics from Tesla, Apple, Amazon, Bitcoin, and more.
HyperCharts was launched by Moe Salih and Galileo Rusell in January 2019. But it all started back in 2017 when Moe needed a way to visualize financial data for its investments and he created a personal spreadsheet gathering that data, which he also shared with other people. What started out small became what’s currently a website with around 720 subscribers that covers the top 100 cryptocurrencies and 220 public companies.
And sure, there are more than 5,000 companies just in the U.S. market but all the financial data on HyperCharts is manually imported from SCC filings and press releases to make sure it’s accurate. They choose quality over quantity.
What you’ll find in HyperCharts
HyperCharts shows people fundamentals, which is something generally overlooked. They don’t go into the technical details: other companies and the financial media give you too much information, making it easy for you to lose focus on the important stuff. HyperChart prefers to filter all that noise and help you make your own decisions.
They aim to be educational and guide beginners into the world of long-term investments. That’s why they turn hundreds of pages of super complex documents into very easy-to-understand charts, saving you hours of work every week. Because, hey, a chart is worth a thousand numbers, right? They even give you a picture of what the companies have been doing over the last four or five years so you can see their growth.
I would say that at first, I was a bit skeptical about this service. As we always say, social media is a major way to generate trust and prove you’re serious about your brand. However, HyperCharts’ Instagram is full of ugly, boring charts. They just filled their feed with these pictures of charts that get one or two likes. So yeah, they aren’t really good at getting new traffic from Instagram. But that’s not all a company’s about. Let’s see how they do in other more important aspects.
However, on the contrary, their YouTube account is very much active and full of super helpful and diverse videos. It even reviews books like Greta Thunbergs’ essays book. The channel is hosted by Galileo Russell and became the company’s main media platform once it was launched. It has 154K subscribers.
On August 9, the U.N. released a blistering assessment of climate change. Many people were skeptical about the urgency of the situation for a very long time. Not HyperChange, though.
The whole thesis of HyperChange is that the world and especially the environment is changing faster than ever and we need to hypercharge our outdated business models to make the planet more sustainable. That’s why the main company they invest in is Tesla, which accelerates the transition to electric vehicles. To make an actual change, we need to look not only at our individual actions but also at politics and business, they say, and that means investing in companies that reduce their footprint like Tesla.
Remaining true to their commitment to taking care of the environment, part of the money from premium subscriptions goes to removing CO₂ from the atmosphere.
HyperCharts is really easy to use, I find it quite instinctive. It also has a very minimalistic design, not big fancy things to distract you from what’s important here: knowing whether to invest in x company or not.
However, I do find it a bit disappointing they don’t have a mobile app. It seems to me that their service would be perfectly delivered through an app and from what I saw, I’m not the only one who thinks that way. But, of course, HyperCharts is still young and I’m sure they plan to keep on working on tons of new stuff like that.
Let’s see how to use HyperCharts, shall we?
1. Getting started
HyperCharts is pretty much free. Anyone can create an account and as you can see, it doesn’t ask you too much information or any of the sort: your privacy is respected.
Actually, it doesn’t even ask you to verify your email, which is a bit odd.
Anyway, once you created your account, you are free to add to the favorites list your preferred companies to find them more quickly. Without the premium subscription, you can only add up to five companies, though.
If you use the search bar and don’t find the company you’re interested in, you can request HyperCharts to add it. They regularly add new companies based on how many people request them.
And then, of course, it’s time to take a look at the charts. All the companies have their main chart of revenue and operating income but also each company discloses to you unique things like vehicles delivered and energy storage deployed in the case of Tesla. The charts will help you understand the seasonally of many companies by just looking at the growth of the bars from quarter to quarter. Airbnb, for example, is a very cyclical business and peaks in summer.
If you look at Tesla, you’ll also find a Security tab where you can see a Miles between accidents chart, which I think it’s a really interesting feature.
In case you already have a specific chart you want to look at, just use the search bar and select the financial data you’re looking for to get right to it.
If you buy the premium subscription, you’ll be able to access more charts, for example, the outstanding shares charts. That’s really hard data to get otherwise and it’s vital because it shows you the fiscal responsibility of the management.
Then, when you hover the mouse over each column of any chart, you’ll see the same information with labels, for better clarity.
You can click to remove data and focus just on the data you’re interested in. I find this really visual and intuitive.
Then you have the top bar feature which sums up, even more, the data displayed on the charts. Moe Salih explains that revenue multiple is a very important financial data because it’s universal to all companies at all stages. The price earning ratio, on the other hand, will be negative if the company’s just starting and won’t make a lot of sense.
Then you also have the “Most Recent Quarter” where you’ll access the company’s report and see something like this:
The overview tab gathers press releases and basic information about the company like their CEO, industry, and number of employees. You can also click on “Website” and go straight to the company’s site. Additionally, below “Investor relations”, you have “SEC filings” that lead you to their latest financial data to check for yourself.
HyperCharts also allows individual small businesses to customize HyperCharts for their own business, as long as they have less than $1m in revenue.
HyperCharts Premium Features
- Unlock access to compare company financials. Compare companies to companies or companies to cryptocurrencies. After all, they’re all competing with each other.
- Access to more charts: historical stock price charts, outstanding shares, market cap, a revenue multiple, stock price variations during the last three months or five years, and more.
- Forecast future financials.
- Get earning results by email, sync earnings calendar, download data, and embed charts.
- Join the dark side… I mean, turn on the Dark Theme.
- Access its API.
- Edit estimates.
You can even vote on your favorite features on the public roadmap so the founders get a sense of what features to build next.
It costs $10 per month or $99 per year. Plus, you get a 14-day free trial. And check this: 1% of your subscription goes to remove CO₂ from the atmosphere.
Speaking from someone who isn’t into finance, this tool is amazing. HyperCharts is clearly great both for people that are really serious about investing and have a lot of experience, and people that are just looking for something educational.
I know their YouTube channel isn’t exactly part of their service but I have to mention it again because it’s super useful and fun to watch. They put so much effort into it that they even have a Patreon to get fans to help them create more educational videos about finance.
Anyway, just go check HyperCharts, you won’t be disappointed, promise. And let me know how it goes!