Evest Analytics’s System for Efficient and High-Quality Data Analysis
In today’s fast-paced business world, the ability to process vast amounts
of information efficiently, qualitatively, and quickly is crucial.
Evest Analytics offers a powerful system that provides numerous benefits over traditional manual searching.
In this article, we will explore the advantages of using Evest Analytics’s system
and how it can optimize data analysis for businesses and investors.
Topics:
Speed and Efficiency
Comprehensive Data Examination
Coverage Criteria
Rating System
Tailored & Changing Recommendations
Empowering Analysts and Investment Advisors
Timely Updates
Display of Strengths and Weaknesses
Peer Comparison & Conclusion
Speed and Efficiency
One of the primary advantages of using Evest Analytics’s system is its speed and efficiency compared to manual analysis.
While humans have limitations in processing large volumes of data,
the algorithm employed by Evest Analytics can examine millions of data points every day.
This enables businesses and investors to stay updated with real-time information and make timely decisions.
Comprehensive Data Examination
Evest Analytics’s system divides and analyzes the raw information it receives through a two-stage process.
Initially, all companies are categorized into sectors and further subgroups
based on geographic location, market capitalization, and industries.
The system utilizes approximately 252 fundamental parameters,
which are ranked according to their likelihood of influencing each sector.
This comprehensive approach ensures that no relevant data points are missed during the analysis.
Sector-Based Company Comparison
Within each sector, Evest Analytics’s system compares each company’s performance against its competitors.
This comparative analysis provides valuable insights into a company’s position within its sector
and helps identify its strengths and weaknesses.
By benchmarking against similar companies, businesses
and investors can gauge the relative performance of individual companies.
Coverage Criteria
Evest Analytics aims to cover a wide range of companies;
however, there are certain criteria for a company to be included in its analysis.
The minimum market value required for a company to be covered by Evest Analytics
is greater than 10 million US dollars on the day of the report’s publication.
This criterion ensures that the system focuses on companies of significant value and relevance to investors.
Sector Coverage
Each company is associated with a specific sector,
and Evest Analytics covers a total of 11 sectors according to MSCI’s GICS rating.
To maintain the integrity of the analysis, the minimum number of companies required for each sector is four.
This ensures a sufficient sample size for reliable comparisons and accurate sector-based insights.
Rating System
Evest Analytics employs a rating index that ranges from 99 to 37 to evaluate and categorize companies.
It’s important to note that no company will receive a perfect score of 100, nor will any company receive a score of 0.
The rating system enables businesses and investors to quickly assess
the overall performance and potential of a company within its sector.
Tailored & Changing Recommendations
Evest Analytics provides four types of recommendations, namely strong buy, buy, hold, and underperform.
These recommendations are distributed within the reference group according to specific percentages.
The top 5% of companies receive a strong buy recommendation,
followed by the next 15% with a buy recommendation.
The subsequent 60% receive a hold recommendation,
while the remaining 20% are classified as underperforming companies.
This tailored recommendation system assists businesses
and investors in making informed decisions based on their risk tolerance and investment objectives.
Changing Recommendations
Evest Analytics’s recommendations are not set in stone.
The system continuously monitors and reevaluates companies
based on changing circumstances and predetermined parameters.
In the event of a significant change in a company’s share price,
its relative ranking and recommendation may be adjusted accordingly.
This flexibility ensures that businesses and investors receive
relevant and updated recommendations aligned with the evolving market conditions.
Corporate Events Impact
Significant events reported by a company to the stock exchange can have an impact on its recommendation.
Evest Analytics includes a “Corporate Events” section in its reports to highlight such events.
However, if a company does not report any significant events, it may not be mentioned in the report.
Nevertheless, these unreported events can still influence the recommendation.
While the system does not send real-time push updates about report changes,
users can refer to the updated reports to stay informed about any adjustments.
Empowering Analysts and Investment Advisors
Contrary to being an alternative to analysts and investment advisors,
Evest Analytics’s system aims to enhance its capabilities through advanced technological tools.
The system provides easy-to-read reports in a simple and elegant manner,
empowering consultants and analysts to make well-informed decisions.
By leveraging Evest Analytics’s comprehensive data analysis, analysts
and investment advisors can save valuable time and effort in researching and analyzing individual companies.
By utilizing the insights and recommendations provided by Evest Analytics’s system,
analysts and investment advisors can focus on interpreting
and applying the data to create well-rounded strategies for their clients.
Timely Updates
To ensure that businesses and investors have access to the most up-to-date information,
Evest Analytics updates its stock report twice a day.
This frequent update frequency enables users to stay abreast of market developments
and make informed decisions based on the latest data.
By receiving timely updates, businesses and investors can adapt their strategies accordingly
and take advantage of emerging opportunities or mitigate potential risks.
Display of Strengths and Weaknesses
Evest Analytics ensures that the strengths and weaknesses of each company
are prominently displayed in the summary of its recommendations.
The report highlights the two best and two least good parameters relative to each company.
Additionally, a detailed section called “significant data” provides
in-depth information on specific parameters derived from the profit and loss reports, balance sheets, and cash flow statements.
Moreover, additional parameters may be included based on user preferences,
allowing for further customization of the analysis.
Peer Comparison & Conclusion
To provide accurate and reliable analysis, Evest Analytics compares each company with at least four other companies within its sector.
This peer comparison allows for more precise evaluations and helps businesses
and investors gain a comprehensive understanding of a company’s performance.
In cases where there are not enough comparable companies in a specific market,
the system searches for similar industries or sectors with similar market capitalizations.
This thorough comparison ensures that the analysis remains robust and relevant.
In conclusion, leveraging Evest Analytics’s system offers numerous benefits over traditional manual searching and analysis.
The speed and efficiency of the system, along with its comprehensive data examination capabilities,
empower businesses and investors to make informed decisions.
With tailored recommendations, regular updates, and a focus on empowering analysts
and investment advisors, Evest Analytics’s system provides a powerful tool to enhance decision-making processes.
By utilizing this advanced technological solution, businesses and investors
can optimize their analysis and gain fast, high-quality conclusions about each company.