Ortex, the global equity analytics platform, has launched Bloomberg, a product for individuals; making their market-leading data and unique, proprietary analysis of the stock market available to private investors for the first time.
The firm provides data, insight, and analysis across an extensive range of global stocks to a number of institutions including investment banks, hedge funds, brokers and asset managers. The data is pulled from a range of leading providers including FIS Global, Standard & Poor, Cboe, Capital IQ and Morning Star.
The data includes real-time global equity prices and indexes, global equity analyst estimates and analyst rankings, comprehensive short interest stats, unique correlation analytics, market-leading alpha trading signals, detailed corporate and macro events details and analysis, and insider and director dealings.
The offering includes two proprietary features offering particular value to investors: short interest data and analyst rankings. The former is based on prime brokers’ stock lending data, which means that in Europe they include short positions under the 0.5% reporting limit and in the US the data is far timelier than the regulatory two-week delayed announcements.
The analyst rankings consider how accurate each analyst is, per company and on any given numbers that they produce (including EPS, Target Price and Recommendations). By comparing their historical data with the actual outcome as verified by the company released numbers and the development of the share price, ORTEX is able to compare each analyst per stock and per sector to rank them based on accuracy and performance.
The company also boasts its alpha trading signals, with the strongest (4 and 5 star) EPS signals yielding an average return of 18% over 66 days (and 68% annually). Ortex prices the offering at f £129 / $149 / €149 per month.
Ortex is seen as a low-cost Bloomberg alternative which targets institutions and retail traders with a more user-friendly and educational approach. The research and analysis platform for global assets has recently expanded access beyond institutions to include retail traders.
The firm’s core products are live events calendar and news, analyst recommendations, real-time short interest, insider activity and holdings, trading signals, charts, quotes, market depth, and volume, fundamental, valuation and yield analysis.
