TD Ameritrade's thinkorswim Platform Now Offers State of the Art Earnings Analysis Tools to Retail Investors
November 22 2016 - 9:05AM
Business Wire
Earnings Traders Now Have One Consolidated View
of the Data Points that Matter
TD Ameritrade clients can now create a more fully formed view of
individual securities through new earnings analysis capabilities on
the thinkorswim® trading platform from TD Ameritrade, Inc.1 The new
capabilities streamline research by combining historic data
investors use to analyze a company poised to release earnings into
a single visual, including consensus expectations from
Estimize.2
Through a new relationship with Estimize, thinkorswim users can
view a security's projected range of earnings and revenues from
third-party Wall Street analysts along with crowdsourced estimates
for past and upcoming earnings periods. Estimize is an open
financial estimates platform that aggregates fundamental estimates
on more than 2,100 U.S.-listed securities from a diverse set of
more than 3,000 independent, buy-side and sell-side analysts,
private investors and students. The Estimize model has been
validated by researchers from the University of San Diego, Rice
University, Michigan State University, and University of Kentucky3.
In fact, the Estimize consensus has proven to be more accurate than
comparable sell-side data sets over 74 percent of the time. The
company was named one of the world’s top 10 most innovative
companies in finance in 2014 by Fast Company.
"We’re kicking earnings analysis into overdrive for our clients
as part of our mission to level the playing field," said Nicole
Sherrod, managing director of trading, TD Ameritrade. "The impact
of Estimize has been well-documented by academics. Combining
Estimize data with our expertise on options trading platforms and
post-earnings price movement can revolutionize how retail investors
trade earnings.”
Additionally, TD Ameritrade has made it even easier for clients
to conduct in-depth historical analysis on individual securities.
Investors can go back as far as two years and make
quarter-by-quarter comparisons to get a more complete picture of a
security's activity. Earnings events from each of the previous
eight quarters can be viewed side-by-side, along with five days of
pricing and volatility data before and after the event.
Investors can overlay and filter each quarter's most important
measures, including price history, historical and implied
volatility, the at-the-money straddle price, and its projected and
actual earnings. Quarters can also be filtered by whether they
“beat”, “met”, or “missed” the earnings or revenue estimates of
Wall Street or Estimize.
The new capabilities are accessible via the Earnings tab on the
thinkorswim platform, along with several other improvements:
- Candlestick pattern creation:
Users can create their own Candlestick patterns that include any
number of Up, Down, or Doji candles with any given relationship to
one another by drawing the pattern they want to see.
- Studies on Active Trader Ladder:
Users can add indicators of their studies to the Price column of
the Active Trader ladder.
- Product Depth Futures Curve
enhancements: Developed with the more advanced retail trader in
mind, users can now see the change in price contract over contract
for any futures product.
- Studies: Seven new studies and
seven new strategies from Technical Analysis of Stocks &
Commodities were added to the charting package, which already was
the most comprehensive available to retail investors.
For more on the new earnings analysis capabilities, please
visit: https://youtu.be/h5FGcb07sV4.For more information on the new
patterns capabilities, please visit:
https://youtu.be/Eh6nEFhEnbo.
Past performance of a security, strategy or index is no
guarantee of future results or investment success.
1. TD Ameritrade, Inc. is a broker dealer subsidiary of TD
Ameritrade Holding Corporation.
2. Earnings estimates and other information are provided by
separate, unaffiliated firms. TD Ameritrade assumes no
responsibility for the accuracy, completeness or timeliness of the
information. Please consult other sources of information and
consider your individual financial position and goals before making
an independent investment decision.
3. “The Value of Crowdsourcing: Evidence from Earnings
Forecasts.” Adebambo, B.N., and Bliss, B.A., University of San
Diego. 2015.“Crowdsourcing Forecasts: Competition for Sell-side
Analysts?” Johnston, R. Rice University. 2013.“Harnessing the
Wisdom of Crowds.” Da, Z. and Huang, X. Michigan State University.
2015.“Does Crowdsourced Research Discipline Research Analysts?”
Jame, R. University of Kentucky. 2016.
For the latest TD Ameritrade news and information, follow the
Company on Twitter, @TDAmeritradePR.
Source: TD Ameritrade Holding Corporation
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors (RIAs)
have turned to TD Ameritrade’s (Nasdaq: AMTD) technology, people
and education to help make investing and trading easier to
understand and do. Online or over the phone. In a branch or with an
independent RIA. First-timer or sophisticated trader. Our clients
want to take control, and we help them decide how — bringing Wall
Street to Main Street for more than 40 years. An official sponsor
of the 2014 and 2016 U.S. Olympic and Paralympic Teams, TD
Ameritrade has time and again been recognized as a leader in
investment services. Please visit TD Ameritrade’s newsroom or
www.amtd.com for more information.
Brokerage services provided by TD Ameritrade, Inc., member
FINRA (www.FINRA.org)/SIPC (www.SIPC.org)
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TD Ameritrade Holding CorporationFor Media:Alyson
Nikulicz, 201-755-4116Communications & Public
Affairsalyson.nikulicz@tdameritrade.com@TDAmeritradePRorFor
Investors:Jeff Goeser, 402-597-8464Investor Relations &
Financejeffrey.goeser@tdameritrade.com
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