Nearly Perfect Data Accuracy. Really.
Wall Street Horizon continually monitors multiple primary sources of corporate event data, including press releases, company websites, SEC filings and corporate IR information. Our process leverages proprietary algorithms for information gathering, combined with the human touch, which includes proactive outreach of over 50,000 times per year to corporate IR officers by our staff of in-house experienced analysts. The result? Systematic, spot-on collection of dates, times and updates to market-moving events.
It's the Way Companies Move
The valuable market intelligence gathered from how a company "acts" versus what it says can inform strategies and create openings to capitalize on opportunities or avoid risk. The media has grabbed hold of Wall Street Horizon's corporate body language concept understanding that corporate silent cues can provide the earliest indication that something positive or negative is about to happen in a company.
Backed by Academic Research
Academic research has shown that corporate event revisions, such as delayed earnings releases or speaker changes at an investor conference, can affect a company's stock price. For example, a recent study from Northwestern "Volatility and the Timing of Earnings Announcements" finds that firms which announce in the pre-open have higher abnormal volatility following the announcement relative to firms that announce in the post-close.
Wall Street Horizon's whitepaper "Exploring Corporate Events and Volatility: Considerations for Financial and Academic research" details how leveraging high quality data to understand patterns - such as repetitive and sporadic scheduling, time/day of week schedules and a confluence of events at same company or comparisons to peer companies - can benefit the financial community's investing strategies.