Sat, Jul 23, 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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  4. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New

  5. SWFs - Abu Dhabi wealth fund says long-term investment gains fell[more]

    From Bloomberg.com: The Abu Dhabi Investment Authority, one of the world’s biggest sovereign wealth funds, said its long-term gains dropped in 2015. The fund’s 20-year annual rate of return slowed to 6.5 percent at the end of 2015, from 7.4 percent a year earlier, it said in its annual review. Over