How ActaClear works

Filings & fundamentals: SEC EDGAR (official). Prices: Marketstack, split- and dividend-adjusted. Macro & cycle: US Federal Reserve (FRED). We compute derived analytics on top of these public sources rather than reselling raw data.

A 0–10 composite of five peer-ranked sub-scores — profitability, growth, value, quality, momentum— computed from audited fundamentals and ranked within each company's industry. It answers “how does this company stack up against its peers?” at a glance.

Triangulated from independent models — DCF, industry multiples, reverse-DCF, PEG, and price-to-bookfor asset-heavy names — so no single assumption drives the verdict. The badge shows whether today's price is undervalued, fair, or overvalued versus those models.

A fixed catalog of research questions is answered against each company's recent filings using retrieval-augmented generation — every answer is grounded in, and cited to, the actual filing text, not model memory.

30+ years of the US economy mapped into four phases (early / mid / late expansion, recession) using NBER-official recession dating plus our editorial expansion sub-phases. Overlay it on any chart or backtest at /economy.

New SEC filings are ingested continuously; fundamentals and scores update as filings land; prices update on view. Each company page links to its underlying filings so you can verify any number at the source.

What is ActaClear?

ActaClear is a free stock-research platform covering 10,000+ US SEC-filing companies. It reads the actual SEC filings (10-K, 10-Q, 8-K, prospectuses) with AI, computes a quality score and fair value for each company, and shows where every stock sits in the US economic cycle.

Where does ActaClear's data come from?

Fundamentals and filings come directly from the SEC's EDGAR system (the official source). Prices come from Marketstack (split- and dividend-adjusted). Macro and economic-cycle data come from the US Federal Reserve (FRED). ActaClear does not resell raw vendor data — it computes derived analytics on top of these public sources.

How is the ActaClear Score calculated?

The ActaClear Score is a 0–10 composite of five sub-scores — profitability, growth, value, quality, and momentum — each computed from a company's audited fundamentals and ranked against its industry peers. A higher score means a company ranks better than its peers across those dimensions.

How does ActaClear estimate fair value?

Fair value is triangulated from several independent models: a discounted-cash-flow (DCF) estimate, an industry-multiples estimate (P/E vs peers), a reverse-DCF, PEG, and price-to-book for asset-heavy businesses. The verdict (undervalued / fair / overvalued) reflects where the current price sits versus those models.

What are the AI filing insights?

ActaClear runs a fixed catalog of research questions against each company's recent SEC filings using retrieval-augmented generation (RAG), so every answer is grounded in and cited to the actual filing text — not the model's memory.

What is the economic-cycle analysis?

ActaClear maps the last 30+ years of the US economy into four phases — early, mid and late expansion, then recession — using NBER-official recession dating plus ActaClear's editorial expansion sub-phases. Every price chart and backtest can be viewed against this backdrop so you can see which economic regime each move happened in.

Is ActaClear free?

Yes. Browsing companies, scores, fair value, charts, the economic-cycle view, screeners and backtests is free. Signing in adds a personalized dashboard, watchlists and alerts.