What is Finsheet?

Finsheet is a powerful financial data tool designed to provide users with access to real-time and historical market data directly within Excel and Google Sheets. With over 30 years of market data, including intraday pricing and stock fundamentals, Finsheet aims to empower investment and research teams across the globe. Whether you are a professional trader, an institutional investor, or simply someone looking to enhance your financial analysis, Finsheet offers a user-friendly solution that requires no coding skills.

Features

Finsheet boasts an array of features that cater to the diverse needs of its users. Below are some of the standout features that make Finsheet a valuable tool for financial analysis:

1. Comprehensive Market Data

Finsheet provides users with access to a vast range of market data, including:

• 30+ years of historical market data: Users can access intraday (1-minute) data for US markets, 15-minute delayed data for the London Stock Exchange (LSE), and end-of-day tick-level data for international markets.
• Global equities, forex, and cryptocurrencies: The tool covers a wide spectrum of asset classes, allowing users to analyze stocks, ETFs, mutual funds, forex, and cryptocurrencies.

2. Institutional-Grade Data

The data provided by Finsheet is of the highest quality, often used by hedge funds, investment banks, and other financial institutions. This institutional-grade data ensures that users are making informed decisions based on reliable information.

3. User-Friendly Interface

Finsheet’s add-ons for Excel and Google Sheets are designed for ease of use. Users familiar with these platforms can quickly navigate and utilize the add-ons without any coding knowledge.

4. Simple Functionality

Each asset class (stocks, forex, crypto) is equipped with a maximum of three functions, making it straightforward for users to retrieve the data they need. The function names are consistent across both Excel and Google Sheets, ensuring a seamless user experience.

5. Real-Time Market Monitoring

Finsheet allows users to stream live market data directly into their spreadsheets. This feature enables users to monitor price movements for US stocks, ETFs, mutual funds, cryptocurrencies, and forex in real-time, enhancing their ability to make timely investment decisions.

6. Historical Market Data

With access to 30 years of historical intraday data, Finsheet enables users to analyze past market trends and make predictions about future performance. This data is updated in real-time, providing users with the most current information available.

7. Extensive Coverage of Financial Fundamentals

Finsheet offers access to over 30 years of financial statements, including:

• Analysts' estimates: Users can access 25+ years of analysts' estimates, EPS/sales surprises, and precomputed financial ratios for over 61,000 global companies.
• ETF holdings: Comprehensive historical ETF holdings data is available, updated daily.

8. Flexible Pricing Plans

Finsheet provides a variety of pricing plans tailored to different user needs, allowing users to choose a plan that best fits their requirements.

Use Cases

Finsheet can be utilized in various scenarios, making it a versatile tool for different types of users. Here are some common use cases:

1. Investment Research

Investment analysts can leverage Finsheet to conduct in-depth research on stocks, ETFs, and other financial instruments. By accessing historical data and fundamental metrics, analysts can make informed recommendations to clients or stakeholders.

2. Portfolio Management

Portfolio managers can utilize Finsheet to monitor their investments in real-time. The ability to stream live market data allows managers to make quick decisions based on current market conditions.

3. Academic Research

Students and educators can use Finsheet for academic purposes, such as financial modeling and investment analysis. The tool’s extensive data coverage and user-friendly interface make it an excellent resource for learning and teaching finance.

4. Day Trading

Day traders can benefit from Finsheet’s real-time data streaming, allowing them to capitalize on short-term price movements. The tool’s quick access to historical intraday data also aids in backtesting trading strategies.

5. Financial Modeling

Financial analysts can use Finsheet to build comprehensive financial models in Excel or Google Sheets. The data provided can be seamlessly integrated into various financial models, enhancing accuracy and reliability.

Pricing

Finsheet offers a range of pricing plans to cater to different user needs, whether for personal or professional use. Below are the available plans:

1. Free Trial

• Price: $0/month
• Features: Access to US stocks only, 3 years of historical price data, end-of-day data, and the latest fundamentals. No credit card is required to start.

2. Basic Plan

• Price: $20/month
• Features: Access to all stocks in one region, 10 years of historical price data, intra-day data, and 10 years of fundamentals. Ideal for crypto and forex traders.

3. Plus Plan

• Price: $45/month
• Features: Includes everything in the Basic plan, with access to global equity data, 20 years of historical data, and the ability to stream real-time price data.

4. Pro Plan

• Price: $90/month
• Features: Comprehensive access to all financial data, including 30+ years of historical data, mutual funds data, bonds and futures data, and alternative data sources. This plan is perfect for professional investors and traders.

Additional Notes

• Function Call Limits: Each plan has specific limits on the number of function calls per day or minute, which vary by plan.
• Student/Educator Discounts: Finsheet offers discounts of 50%-100% for students and educators upon request.

Comparison with Other Tools

Finsheet stands out in the market due to its unique combination of features, ease of use, and pricing structure. Here is how it compares with other financial data tools:

1. Data Coverage

While many financial tools offer historical market data, Finsheet provides an extensive range of data, including intraday data with 1-minute resolution. This level of detail is often not available in competing tools.

2. User Experience

Finsheet’s integration with Excel and Google Sheets allows users to work within familiar environments. Many other financial data tools require users to adapt to new interfaces, which can lead to a steeper learning curve.

3. Pricing Flexibility

Finsheet offers a free trial and a range of pricing plans that cater to various user needs. This flexibility is often lacking in other tools, which may have more rigid pricing structures or higher entry costs.

4. Real-Time Data Streaming

The ability to stream live market data directly into spreadsheets is a significant advantage of Finsheet over many competitors that may only provide delayed data.

5. Institutional-Grade Data

Finsheet’s data quality is comparable to that used by hedge funds and investment banks, making it a reliable choice for serious investors who require accurate information.

FAQ

1. Is Finsheet free to use?

Finsheet offers a free trial for users to explore its features. However, continued access to advanced features and data requires a paid subscription.

2. Do I need coding skills to use Finsheet?

No, Finsheet is designed to be user-friendly, requiring no coding skills. If you are familiar with Excel or Google Sheets, you can easily navigate and use the add-on.

3. What types of data can I access with Finsheet?

Finsheet provides access to a wide range of data, including historical market data, stock fundamentals, forex, and cryptocurrency data.

4. Can I cancel my subscription at any time?

Yes, Finsheet allows users to cancel their subscription at any time without any long-term commitments.

5. Are there discounts available for students or educators?

Yes, Finsheet offers discounts of 50%-100% for students and educators. Interested individuals can email Finsheet for more information.

6. What platforms does Finsheet support?

Finsheet is compatible with both Excel (Mac and Windows) and Google Sheets, ensuring accessibility for users across different devices and operating systems.

7. How often is the data updated?

Finsheet provides real-time data updates for live market data, while historical data is also updated regularly to ensure accuracy and reliability.

In conclusion, Finsheet is a valuable tool for anyone in need of comprehensive financial data. Its combination of user-friendly features, extensive data coverage, and flexible pricing makes it an attractive option for both novice and experienced investors. Whether you are conducting investment research, managing a portfolio, or engaging in academic studies, Finsheet can enhance your financial analysis capabilities significantly.