How can I track the performance of my stock portfolio?

To track the performance of your stock portfolio, use financial apps, brokerage account dashboards, stock tracking tools, and fundamental analysis. Regular monitoring helps you make informed decisions and optimize returns.

1. Use Stock Tracking Apps

Stock tracking apps provide real-time updates and analytics on your portfolio performance.

• Angel One app: Provides portfolio insights, stock alerts, and market trends.
• Moneycontrol & ET Markets: Popular apps for Indian investors to track stocks.
• Google Finance: Free tool to monitor stock price movements.

2. Monitor Key Performance Metrics

Tracking essential metrics helps assess your portfolio’s health.

• Annualized returns: Compare returns with benchmarks like NIFTY 50.
• Dividend yield: Measure passive income from stocks.
• Risk-adjusted return: Evaluate returns relative to volatility.

3. Compare with Benchmark Indices

Comparing your portfolio with indices like NIFTY 50 and SENSEX gives a better perspective on performance.

• Outperformance: If your portfolio beats the index, it’s doing well.
• Underperformance: Adjust your strategy if your returns lag behind.
• Diversification check: Ensures you are not overexposed to high-risk sectors.

4. Review and Rebalance Periodically

Regularly rebalancing your portfolio keeps it aligned with your investment goals.

• Quarterly review: Adjust your holdings based on market trends.
• Risk management: Reduce exposure to underperforming stocks.
• Goal alignment: Ensure your portfolio supports long-term financial objectives.

5. Stay Updated with Market News

Following stock market news helps you make timely investment decisions.

• Economic indicators: Inflation, GDP, and interest rates impact stocks.
• Corporate earnings: Quarterly results influence stock prices.
• Regulatory changes: Government policies can affect industries.