Thu, May 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Estimize opens earnings estimates, offers an alternative to sell-side research

Monday, February 18, 2013

amb
Leigh Drogen
Bailey McCann, Opalesque New York:

New York-based startup Estimize is offering free and open earnings estimates by analysts who could be name brand hedge fund managers, or an intrepid follower of the markets. The company, started by Leigh Drogen, a former hedge fund manager himself, seeks to offer up another take on the possible performance of equities, that is less tied to the sell-side incentives driving most earnings data. So far, over 2,300 contributors are providing earnings estimates, creating an earnings consensus that is more accurate than sell-side analysts 67% of the time.

Drogen is staking out new territory in the financial technology space, building on the first principles of Silicon Valley, instead of Goldman Sachs. As a platform, Estimize is a disrupter - one doesn't have to be an analyst trained at one of the farm team programs available at the big firms to provide data. Instead, the community relies on honor in accuracy over bonus incentives. It's also free to sign up and use - a far cry from terminal and research fees common to the industry. On the back end, hedge funds like Two Sigma use Estimize's API to understand the data on the platform and use it for their own models.

"We are producing a dataset that is more accurate to the real expectations of the market," explains Drogen in an interview with Opalesque. Users can sign up anonymously if they wish, Drogen says he prov......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  2. Institutions - Institutional investors turn to real estate, planes, Assets at Bostonís five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  3. Regulatory - Hedge funds face tax as Iceland poised to end capital controls, Comment: Why alternatives need more transparency, not enforcement[more]

    Hedge funds face tax as Iceland poised to end capital controls From Bloomberg.com: Hedge funds and other investors who bought claims against Icelandís failed banks face a tax that targets the lendersí estates as the government prepares to unveil its plan for exiting capital controls in t

  4. Opalesque Exclusive: BMO launches multi-strat '40 act fund[more]

    Bailey McCann, Opalesque New York: As we reach new market highs, investors are looking for a way to diversify and protect their portfolios from a potential market correction. Liquid alternatives are rapidly gaining ground as a critical tool for investors to use to mitigate downside risk. The BMO

  5. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AMís latest Weekly Briefing, in t

 

banner