ConvergEx Group named winners of its Jaywalk Independent Research Provider Performance Awards for the second quarter of 2010 on Monday, July 26. The program recognizes Jaywalk’s independent research providers (IRPs) for their exceptional research recommendations.
Abacus Analytics calculated performance statistics using data from April 2010 through the end of June 2010, according to the announcement. Abacus’s metrics focus on the degree to which an IRP’s equal-weighted portfolio of Buy/Positive ratings outperformed its equal-weighted portfolio of Sell/Negative ratings.
The ConvergEx announcement recognized winners in four categories:
Best Bullish Stock Selection, which identifies IRPs whose buy calls most outperformed their coverage, scaled by their aggressiveness in making bullish recommendations.
? Ockham Research, a division of xRM Global, is an online equities research tool and financial news monitoring service for investors, day traders and financial analysts. The Ockham Research tool is specifically designed to report on the financial realities of a stock and the social perceptions influencing its value. These elements combine to create stock intelligence, allowing investors to have a complete view of the two most important factors affecting their portfolios. Ockham Research covers more than 1,000 names.
? ACI Research provides original research and insights on the global telecom ecosystem to institutional investors and industry executives. Its Telecom Cycle Research identifies major trends before they can obtain evidence from other industry or financial analysts. ACI was the first firm to track telecom system and component vendors as an ecosystem. ACI Research covers fewer than 1,000 names.
Best Bearish Stock Selection, which identifies IRPs whose sell calls most underperformed their coverage, scaled by their aggressiveness in making bearish recommendations.
? TheStreet Ratings is a primary supplier of independent, unbiased investment research. The firm’s recommendations are derived from a quantitative model that integrates multiple factors, including fundamental and technical inputs, as well as valuation factors and risk assessment. This model is supplemented by qualitative analysis from an experienced staff of analysts that provide their insight and sector expertise. TheStreet Ratings covers more than 1,000 names.
? Matterhorn Group‘s research methodology is based on its understanding of the products, target markets and strategies of each company in its universe. Market data for each company covered have been gathered from the user community as well as the supply chain since the firm was founded in 1995. Matterhorn incorporates personal interviews with IT and business managers along with its internal technology