Thu, Oct 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Estimize launches Select Consensus, hires Vinesh Jha

Friday, September 20, 2013

Bailey McCann, Opalesque New York:

New York-based Estimize, has launched a new feature to add to its crowdsourced buy-side analysis of public companies. The new feature - Select Consensus is a weighted average based on an advanced quantitative research process. According to Estimize Founder and CEO Leigh Drogen, the company has been able to determine which attributes of an analyst’s track record, biographical data, and the individual estimate in question, give us the highest confidence that the individual estimate will be either more or less accurate than the other analysts within the distribution. Each estimate is given a confidence score, which is used to weight the consensus more or less heavily in favor of that individual analyst’s projection.

Estimize as an analyst platform is still relatively new, but the company has steadily rolled out new features. Through their community of analysts, Estimize has been able to beat sell-side analysis over 60% of the time. The company is also providing data on a limited set of private companies.

In addition to the launch of Select Consensus, Estimize has also hired Vinesh Jha, who was previously Executive Director at PDT, which was originally a proprietary quant trading unit of Morgan Stanley, and later spun out as an independent hedge fund called PDT Partners. Before that, Jha was the Director of Quantitative Research for StarMine, which works to bring more accountability to sell-side analysis.

In his new ro......................

To view our full article Click here

Banner

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. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. M&A - Goldman fund takes stake in Caxton, Neuberger Berman acquires Orchard Square hedge fund, Top banks, hedge funds buy Perzo messaging platform for $66m[more]

    Goldman fund takes stake in Caxton From FT.com: Caxton Associates, one of the best known macro hedge fund managers, has sold a 9.9 per cent stake in itself to a fund managed by Goldman Sachs, according to a letter sent to its investors. The investment in Caxton, which manages close to $8

  4. Unconstrained bond funds: Where hedge fund strategies meet mutual funds[more]

    From CNBC.com: For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of "unconstrained bond funds" has been thrust into investor spotlight given last Friday's stunning news tha

  5. Service Providers - Aequitas Capital launches exclusive provider network for independent RIAs[more]

    From Insurancenewsnet.com: Aequitas Capital, a diversified financial services company, has launched the Aequitas Financial Services Network (AFSN), a singular member network of select product and service providers who offer diverse yet complementary capabilities designed to empower Registered Invest