As of December 6th, clients of Interactive Broker have access to New Constructs reports and ratings on over 10,000 stocks, mutual funds, and exchange-traded funds (ETFs) directly from their IBKR accounts.
New Constructs provides TD Ameritrade clients with the sophisticated fundamental research that Wall Street insiders use to understand the true profits and valuation of companies and stocks.
Ernst & Young white paper shows our financial models are superior.
Key quotes:
Why Ernst & Young chose New Constructs:
“To test our hypothesis of the importance in getting the data right to
The Financial Accounting Standards Board (FASB) introduced a new accounting standard that requires companies to present service cost as the only operating component of periodic pension costs on the income statement.
In response to feedback, we are making two changes to the names of our ratings. These changes in language have no impact on our underlying stock or ETF & mutual fund rating methodologies.
Robo-advisors and Robo-Analysts are both important to enabling wealth management firms to cut costs without sacrificing quality of advice, but the importance of a Robo-Analyst to enhance the quality of investment advice shouldn’t be underestimated.
We conducted an analysis, as of November 30, 2016, of companies included in the S&P 500 and the Russell 3000 to reverse engineer the components that make up each company’s total enterprise value.
Based on our analysis, we estimate that Russell 3000 companies can free up between $600 billion to $1 trillion by focusing on working capital optimization initiatives.
We conducted an analysis, as of November 30, 2016, of companies included in the Russell 3000 Information Technology Sector to reverse engineer the market’s expectations for cash flows as reflected in each company’s total enterprise value.
As of about 5:30CT on August 31st, all Scottrade clients gained free access to New Constructs Gold membership. We think that Scottrade has never seen adoption rates as fast as what they are seeing with New Constructs and their clients.
Thesis: Management can boost the market value of ORCL in the amounts provided by aligning the firm’s strategy and performance compensation with real cash flows or what we call return on invested capital.
It’s incredible that corporate executives and the market as a whole continue to depend on such flawed numbers when we already have a measure that is clearly linked with value creation: return on invested capital (ROIC).