ExtractAlpha, a provider of alpha-generating datasets for institutional investors, has launched Toyo Keizai Japanese Data, a proprietary offering built on over two decades of independent equity research from Japanese financial publisher, Toyo Keizai.
This new dataset aims to provide quant analysts, and hedge fund professionals with an edge in the Japanese equity market through point-in-time earnings forecasts, strategic outlook commentary, and timely flash reports covering the mid- and small-cap names often overlooked by traditional sell side coverage.
The Toyo Keizai Japanese Data enables investors to construct systematic strategies leveraging: earnings estimates - daily uploaded, point-in-time net profit, EPS, sales and DPS forecasts; Shikiho outlook reports - in-depth strategic commentary from analysts evaluating growth drivers and long-term performance potential; and Shikiho flash reports - immediate analyst reactions to corporate events, earnings surprises, and forecast changes.
Backtested from 2002 to 2024, a simple net profit revision signal derived from the dataset yields an average annual return of 30.6% with a Sharpe ratio of 3.27.
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
More
Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
More
ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
More