Thomson Reuters has announced the release of the StarMine Combined Alpha Model (CAM), a model that aims to combine all the available StarMine equity alpha models into one alpha generating signal.
The weights assigned to each model vary by region.
StarMine CAM recognises the fact that some regions, such as the US and Japan, are more value focused while in Developed Europe and Asia ex-Japan momentum plays a larger role. The model also handles missing data and makes use of all available StarMine alpha models for a given security.
StarMine CAM is currently available through Thomson Reuters Eikon, the premier desktop platform for financial professionals, and will be available as a datafeed through DataScope Select in the near future. Thomson Reuters DataScope Select is the strategic data delivery platform for non-streaming content globally. The platform is a full cross-asset offering with intelligently linked data for all Thomson Reuters DataScope content including reference data, corporate actions, legal entity data, end-of-day/intra-day pricing and evaluated pricing services.
“Clients often ask us ‘what is the best way to combine the StarMine signals?’ We now have our best answer to that question – use StarMine Combined Alpha,” said George Bonne, director of quantitative research at Thomson Reuters.
“We are delighted to be able to combine our content to create a solution that simplifies our clients’ daily tasks in support of their global businesses,” said Debra Walton, chief content officer at Thomson Reuters.
“This represents another step forward in our ongoing commitment to connect and enable the global financial community by harnessing our data and analytics in new ways that add greater value.”