Zacks Rank: Estimate Revisions and PEAD

Since the Research Exchange is a Zacks site and the Zacks Rank was the first trading system to use estimate revisions and surprises, we could not leave this out of our comprehensive survey of multi-anomaly strategies.

The Zacks Rank is a proprietary quantitative model that uses four factors related to analyst earnings free online pharmacy estimates to classify stocks into five groups ranging from “Strong Buy” (#1) to “Strong Sell” (#5). The four factors are Agreement, Magnitude, Upside, & Surprise. Agreement is the extent to which all brokerage analysts are revising their EPS estimates in the same direction. When more analysts are revising estimates upward, viagra how long the better the Zacks Rank will be. Magnitude measures the size of recent changes in the consensus estimate tadalafil effective dose for the current fiscal year and the next fiscal year. For example, an earnings estimate revision that causes the consensus estimate to increase by 6% is a more powerful signal than an earnings estimate revision that causes a 2% rise in the consensus estimate. generic tadalafil Upside is the difference between the most accurate estimate and the consensus estimate. Surprise is when the earnings reported in a company’s quarterly or annual report are above or below analysts’ earnings estimates. A company that reports a positive surprise for the most recent quarter is more likely to have a positive earnings surprise next quarter as well.

The Zacks Rank is available to Research Wizard subscribers. Please click here to learn more about the Research Wizard’s numerous features and capabilities. To learn more about the Zacks Rank, please see Kevin Matras’ book entitled Finding celebrity sextapes #1 Stocks: Screening, Backtesting and Time-Proven Strategies (Wiley 2011). Click sildenafil citrate drug here for Kevin’s book.


Leave a Comment