7 New Markets Now Available on Jitta Stock Analysis

by Sirirat Sirithamsakda

May 30, 2022 • Last updated: Jan 12, 2023

7 New Markets Now Available on Jitta Stock Analysis

Jitta is very determined to develop a global stock analysis platform for which everyone can benefit from technology-enabled approaches to invest and build up their wealth because investment opportunities in stocks can be found everywhere.

The accurate and efficient stock analysis platform must scan hundreds of billions of datasets, analyze stocks in every market and create good returns in a bid to prove the capability of AI (Artificial Intelligence) for analyzing good fundamental stocks from their financial statements.

The goal to develop innovative investments is that everyone can apply Jitta platform to select ‘good stocks at a reasonable price’ and build their portfolio for long-term wealth.

Jitta stock analysis platform is developed based on the principle of ‘To buy a wonderful company at a fair price’ from the Oracle of Omaha – Warren Buffett.

Jitta team has designed AI and algorithms for selecting value stocks from our platform by analyzing a business quality through Jitta Score and a business value through Jitta Line then finally selecting good stocks at a reasonable price to be ranked as Jitta Ranking.

More importantly, Investors around the world can use Jitta stock analysis platform without a subscription fee.

As of 2021, Jitta platform could analyze stocks in 19 countries and territories around the world. But for 2022, we have added 7 new stock markets to provide more opportunities for global investors such as Bangladesh, Brazil, Italy, the Netherlands, the Philippines, Switzerland and the United Arab Emirates.

Jitta will bring you to get to know 7 new stock markets and explore 13-year historical returns from 2009 to 2021 by using a backtest method in a comparison between Jitta Ranking Top 10, Top 20 and Top 30 and underlying indices of each stock market.

Getting to know Bangladesh

Bangladesh is the frontier market which consists of 2 main stock markets;

Dhaka Stock Exchange (DSE) is based in Dhaka and founded in 1954
Chittagong Stock Exchange (CSE) is located in Chittagong and founded in 1995

Jitta uses the Dhaka Stock Exchange Broad Index (DSEX) as the underlying index that reflects approximately 97% of listed companies, ranked by market capitalization.

The platform analyzes stocks from DSE, totaling 282 companies as of May 2022 and places them in Jitta Ranking Top 10, Top 20 and Top 30, respectively while it compares backtest returns between Jitta Ranking and DSEX during 8 years (2014-2021).

If you are interested in investing in Bangladesh stock market, you can view all stocks on the stock analysis website and we will update Jitta Ranking Top 30 of Bangladesh, including backtest returns every January.

Getting to know Brazil

Brazil is the emerging market which consists of 2 main stock markets;

Sao Paulo Stock Exchange (B3) is located in Sao Paulo and founded in 1890
Rio De Janeiro Stock Exchange (BVRJ) is located in Rio de Janeiro and founded in 1820

Jitta uses the Brazil Bovespa Index (IBOV) as the underlying index that reflects listed companies on B3 and is ranked by market capitalization.

The platform analyzed stocks from B3, totaling 328 companies as of May 2022 and places them in Jitta Ranking Top 10, Top 20 and Top 30, respectively while it compares backtest returns between Jitta Ranking and IBOV during 13 years (2009-2021).

If you are interested in investing in Brazil stock market, you can view all stocks on the stock analysis website and we will update Jitta Ranking Top 30 of Brazil, including backtest returns every January.

Getting to know Italy

Italy stock market is the developed market. The main stock market is Milan Stock Exchange (Borsa Italiana or BIT), located in Milan and founded in 1808.

Jitta uses the FTSE Italia All-share Index (ITLMS) as the underlying index that is the composite index of listed stocks on the Borsa Italiana’s sub-market – MTA (Mercato Telematico Azionario) and MIV (Mercato Investment Vehicles), both of which meet minimum market capitalization and liquidity criteria.

The platform analyzed stocks from Borsa Italiana, totaling 371 companies as of May 2022 and places them in Jitta Ranking Top 10, Top 20 and Top 30, respectively while it compares backtest returns between Jitta Ranking and ITLMS during 13 years (2009-2021).

If you are interested in investing in Italy stock market, you can view all stocks on the stock analysis website and we will update Jitta Ranking Top 30 of Italy, including backtest returns every January.

Getting to know the Netherlands

The Netherlands is the developed market. The main stock market is Euronext Amsterdam (Amsterdam Stock Exchange or AMS), located in Amsterdam and founded in 1602.

Jitta uses the Amsterdam Exchange Index (AEX) as the underlying index that comprises the 25 largest market-capitalization companies, listed on the AMS.

The platform analyzed stocks from AMS, totaling 100 companies as of May 2022 and places them in Jitta Ranking Top 10, Top 20 and Top 30, respectively while it compares backtest returns between Jitta Ranking and AEX during 13 years (2009-2021).

If you are interested in investing in the Netherlands stock market, you can view all stocks on the stock analysis website and we will update Jitta Ranking Top 30 of the Netherlands, including backtest returns every January.

Getting to know the Philippines

The Philippines is the emerging market. The main stock market is Philippine Stock Exchange (PSE), a merger of the Manila Stock Exchange and the Makati Stock Exchange, located in Metro Manila and founded in 1992.

Jitta uses the Philippine PSE Composite Index (PSEI) as the underlying index that is made up of 30 companies with a minimum free float of 20%, including liquidity and market capitalization.

The platform analyzes stocks from PSE, totaling 237 companies as of May 2022 and places them in Jitta Ranking Top 10, Top 20 and Top 30, respectively while it compares backtest returns between Jitta Ranking and PSEI during 13 years (2009-2021).

If you are interested in investing in the Philippines stock market, you can view all stocks on the stock analysis website and we will update Jitta Ranking Top 30 of the Philippines, including backtest returns every January.

Getting to know Switzerland

Switzerland is the developed market. The main stock market is SIX Swiss Exchange (SWX), a merger of the Geneva Stock Exchange, the Basel Stock Exchange and the Zurich Stock Exchange, located in Zurich and founded in 1993.

Jitta uses the Swiss SMI Index (SM) as the underlying index that comprises 20 blue-chip companies which are categorized by liquidity and market capitalization.

The platform analyzes stocks from SWX, totaling 216 companies as of May 2022 and places them in Jitta Ranking Top 10, Top 20 and Top 30, respectively it compares backtest returns between Jitta Ranking and SMI during 13 years (2009-2021).

If you are interested in investing in Switzerland stock market, you can view all stocks on the stock analysis website and we will update Jitta Ranking Top 30 of Switzerland, including backtest returns every January.

Getting to know the United Arab Emirates

The United Arab Emirates is the emerging market which consists of 3 main stock markets;

Dubai Financial Market (DFM) is located in Dubai and founded in 2000.
Abu Dhabi Securities Exchange (ADX) is based in Abu Dhabi and founded in 2000.
Nasdaq Dubai is located in Dubai and founded in 2005.

Jitta uses the Dubai Financial Market General Index (DFMGI) as the underlying index that is calculated from free float and market capitalization of the company’s shares in DFM.

The platform analyzes stocks from DFM, totaling 81 companies as of May 2022 and places them in Jitta Ranking Top 10, Top 20 and Top 30, respectively it compares backtest returns between Jitta Ranking and the DFMGI index during 13 years (2009-2021).

If you are interested in investing in the United Arab Emirates stock market, you can view all stocks on the stock analysis website and we will update Jitta Ranking Top 30 of the United Arab Emirates, including backtest returns every January.

The retrospective returns in this article are calculated from a backtesting simulation by building an investment portfolio in line with Jitta Ranking and allocating the budget equally to buy shares of 10 companies, 20 companies and 30 companies then hold them until the 12-month maturity and sell at the end of each year to reoptimize the portfolio.

This process will be tested every single year. Over the last 13 years, Jitta’s investing approach has been proven that Jitta Ranking can deliver long-term returns which overcome all stock indices and bring you to invest in line with the good principles of Warren Buffett. The core principle that Jitta team develops for time-tested AI and algorithms is ‘To buy a wonderful company at a fair price’.

However, Jitta team will never stop improving the accuracy and efficiency of AI and algorithms to create the best returns for investors around the world. You don’t have to worry that our investment approaches are obsolete because we improve the AI and algorithms to analyze and select stocks every year.

Building the investment portfolio, by following Jitta Ranking is an easy and hassle-free option. You can follow yearly updates of Jitta Ranking returns here, or if you want to learn more about how to use Jitta stock analysis platform, these are tutorials:

We look forward to developing Jitta platform to expand and cover 100% of global stock markets in the future in our effort to set the new standards through AI-powered investment innovation that emphasizes value investing approaches to help investors create better returns in a simpler way.

About Jitta

Jitta was founded as the wealthtech startup in March 2012 with a mission of ‘To help investors create better returns through simple investment methods’. We started from developing the AI-powered stock analysis platform to select good fundamental stocks and analyze 10-year financial statements in an effort to help investors around the world to build their portfolio by finding ‘a good stock with a reasonable price’ in actual practice.

Jitta platform currently covers stock analysis in 26 countries, scanning stocks of more than 46,000 companies and all features are available free of charge.

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