Research Reports

"The Economy Matters" (TEM) Research Reports are another webInsight® service from c4cast.com, Inc. and are available for over 18,000 stocks and mutual funds.  Current coverage includes the three major markets (NYSE, NASDAQ and AMEX) and over 13,000 mutual funds.  TEM Reports can be found on any website which is a part of the Reuters Analyst Research network which includes the Reuters website and Yahoo! Finance.  To look up a report use the Research Report Lookup form below (you will be able to view a synopsis of the report before purchasing).

TEM Reports now feature the powerful Economic Climate Ratings for appreciation potential, previously only available to our institutional clients. Based on Eta Analysis, these reports provide a clear, user-friendly assessment of the economy's impact on asset prices and risk.

Click here to download a sample "The Economy Matters" Report

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The FREE Research Summary shows which of the Eta Analysis and Traditional Research reports are avaialble.
Economic Climate Rating

Economic Climate Rating

The Economic Climate Rating is a 1 - 5 scale of price appreciation potential for the next 6 to 12 months.

The Climate Rating is based on two components:

  1. the "Eta Price" (or, what the Eta Analysis model says the price should currently be) compared to the actual price;
  2. computation of how recent movements in specific MacroRisk Factors are expected to affect the price.

Based on these two aspects of our analysis we apply the appropriate climate rating to the stock.

Economic Risk

Inside TEM Reports you will find two ways to analyze the macroeconomic risk of the stock: general economic risk and specific, MacroRisk Factor related risk.

CMRI graph

General Economic Risk

The Composite Macro-Risk Index (CMRI) measures the overall exposure to the economy.  The higher the CMRI the more sensitive the stock price is to changes in the MacroRisk Factors.  Technically speaking, the CMRI is the sum of the absolute value of each of the Eta Measures (which are described below).

Eta Measures graph

Specific Economic Risk

Eta Measures are where EconomicInvestor risk measurement gets specific. Eta Analysis is based on 18 MacroRisk Factors which together are used in our model to represent the overall economy.  Each asset has 18 Eta Measures (one for each of the Factors), which show the sensitivity of the asset to each of the underlying Factors.

The values of the MacroRisk Factors are publicly available and often reported in the news, so when you know which of these Factors your investment is especially sensitive to, you know what to watch for (or diversify away, or hedge against).

Economic Influence graph

Economic Influence

On the front page of each TEM Report we show the Economic Influence for the stock or fund. This shows how well the Eta Analysis model fits the price movements as a percentage.  If the Economic Influence is 91%, that means that over the past 3 years, the economy (as defined by the MacroRisk Factors in the Eta Analysis model) explains 91% of the stock price movement.  The remaining 9% is company/industry specific influence.