How Benchra Signals Works
Everything you need to understand your signals, read conviction scores, and make the most of the platform.
What Are Signals
An Opportunity
Each signal is a stock that our AI has identified as trading significantly below its intrinsic value based on fundamental analysis.
An Evidence Package
Every signal includes the thesis, financial data, margin of safety calculation, risk factors, and conviction score so you can evaluate it yourself.
Not a Recommendation
Signals are not buy or sell recommendations. They flag opportunities worth researching. You make the final call.
How the AI Works
Our AI applies the Graham-Buffett deep value methodology systematically to every stock in its universe.
1SEC Filing Analysis
Every day, our system ingests new 10-K, 10-Q, and 8-K filings from the SEC. The AI extracts key financial metrics: earnings, book value, debt levels, cash flow, and more.
2Intrinsic Value Calculation
Using the extracted data, the AI calculates an estimated intrinsic value using discounted cash flow, asset-based valuation, and earnings-based models. Multiple methods provide cross-validation.
3Margin of Safety Filter
Only stocks trading at least 30% below their estimated intrinsic value pass the filter. This margin of safety is the core of the Graham-Buffett philosophy — it protects against estimation errors.
4Conviction Scoring & Signal Publication
Each candidate gets a conviction score based on the strength of the evidence, consistency of financials, and size of the margin of safety. High-conviction signals are published with a full thesis.
Reading a Signal Card
Every signal contains these key elements.
Ticker & Company
The stock symbol, company name, and sector.
Conviction Score
A 1–10 score reflecting how strong the evidence is for this opportunity. Higher = stronger case.
Margin of Safety
The percentage below intrinsic value the stock is currently trading. Minimum 30% to qualify.
Thesis
An AI-written explanation of why this stock appears undervalued and what catalysts could unlock value.
Key Financials
P/E ratio, price-to-book, debt-to-equity, free cash flow, and other fundamental metrics.
Risk Factors
Known risks, red flags, or reasons the stock might be cheap for good reason.
Margin of Safety
The core concept behind every signal we publish.
What it means
Margin of safety is the difference between a stock's estimated intrinsic value and its current market price, expressed as a percentage. If our analysis estimates a stock is worth $100 and it's trading at $60, the margin of safety is 40%.
Why it matters
No valuation model is perfect. The margin of safety is your buffer against estimation errors. If we're wrong about the intrinsic value by 15%, a 40% margin of safety still leaves room for profit. Ben Graham called this “the central concept of investment.”
Our minimum: 30%
We only publish signals with at least a 30% margin of safety. This is intentionally conservative. Many signals exceed 40–50%.
Conviction Scores
Every signal is scored 1–10. Here's what the ranges mean.
The value case exists but evidence is thin, financials are inconsistent, or there are significant unknowns. Higher risk.
Solid fundamental case with consistent financials. The margin of safety is real, and risks are understood and manageable.
Strong evidence across multiple valuation methods, clean financials, large margin of safety, and clear catalysts. These are rare.
Subscription Plans
Start free and upgrade when you're ready for full access.
Free
$0 / forever
- ✓ Weekly digest of top signals
- ✓ Backtest results overview
- ✕ Full signal details
- ✕ Real-time alerts
Monthly
$19 / month
- ✓ All signals with full thesis
- ✓ Conviction scores & financials
- ✓ Real-time email alerts
- ✓ Full backtest access
Annual
$199 / year (save 13%)
- ✓ Everything in Monthly
- ✓ Priority signal delivery
- ✓ Annual savings
Frequently Asked Questions
Common questions about Benchra Signals.
Is Benchra Signals financial advice?
No. We are not a registered investment advisor. Signals are informational and educational. They surface statistically interesting value opportunities — you decide whether to act. Always do your own due diligence before investing.
How often are new signals published?
We scan SEC filings daily. New signals are published as opportunities are identified — typically several per week. Premium subscribers get immediate access; free subscribers receive a weekly digest.
What is the win rate based on?
Our 59.5% win rate is measured from 3+ years of backtested signals. A "win" is defined as the stock reaching or exceeding our target price within the holding period. Past performance does not guarantee future results.
Can I cancel my subscription?
Yes, cancel anytime from your account or by emailing support@benchra.net. Your access continues through the end of your current billing period. See our refund policy for details.
What data sources do you use?
We primarily analyze SEC filings (10-K, 10-Q, 8-K), quarterly earnings data, and financial statements. We do not use social media sentiment, technical indicators, or momentum signals — our methodology is pure fundamental value analysis.
How is this different from stock screeners like Finviz?
Screeners show you numbers. We show you opportunities with context. Each signal comes with an AI-written thesis explaining why the stock is undervalued, the specific margin of safety, conviction level, and what risks to watch. It's the difference between a spreadsheet and a research report.
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