Download: S&P Capital IQ whitepaper on getting an edge on company earnings with the intelligent estimate model
S&P Capital IQ kindly provided this whitepaper on ‘Getting an edge on company earnings: A new lens for predicting earnings surprise.’
In this research paper, S&P Capital IQ explores a robust, actuarial approach to forecasting company earnings through its Intelligent Estimates model. Rather than focus on the most accurate analyst, the Intelligent Estimate Model focuses on the attributes of an accurate forecast:
- Age of Estimate – Newer estimates contain more information and represent the most complete forecast of what a company will report.
- Broker Size – The largest brokers tend to attract and retain analysts that provide more accurate forecasts.
- Forecast Horizon – Forecasts made closer to the company report date presumably will embed more information into the forecast.
- Tenure – Analysts that have been covering stocks for a long time provide more accurate forecasts.
If you want to learn more about this, then check out the whitepaper now.
S&P Capital IQ are a gold sponsor of The Trading Show Chicago. S&P Capital IQ’s Senior Product Manager, Ruben Falk, will be speaking on the Quant Invest Chicago stream on the topic, ‘Developing and managing low volatility strategies.’ Register now to hear him share his insights on this topic matter.
