Thu, Jun 30, 2016
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

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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.