UK Equities: No Brexit Crystal-Ball? No Worries!
A quick look at the chart below shows the overall downtrend for UK vs. EU equities over the past 3 years, fueled by uncertainty over future UK-EU trade terms and the possibility of a disorderly Brexit.
Thomas Cook is the biggest 2019 year to date contributor to Butterwire’s global index of short candidates. We retrace the nature and timing of insights provided on TCG over the past two years to illustrate the platform’s stock snapshot history feature.
Under the hood of Butterwire’s Digital Alpha Engine
All the factors behind Butterwire’s computation of Fundamental (ie. Base) Scores are now available in the stock snapshot of any individual equity. We use our note on 3M’s profit warning last April to illustrate this new feature in the context of Butterwire’s overall research contribution.
Go Bottom-Fishing Like It’s 2016 Again?
The Feb-16 to Jul-16 period was the last time that “Recovery” stocks outperformed the market (and spectacularly so). Until now.
Butterwire Performance 2019 Year-To-Date: Long-Short Spread Well Into Double-Digits
Butterwire’s Global Index of “Interesting” Research Candidates is up 7% relative to MSCI ACWI year-to-date, while that of “Potential Short” Candidates is down -18%. We have looked back at the list of candidates as per 31/12/2018 and analysed how the names fared year-to-date.