With Chiefist Events
, we track and analyze CEO transitions for clients, and quickly alert them to changes. The alert includes two parts:
- A qualitative digest of the transition – who’s leaving, who’s coming in, and why the change occurred.
- We forecast the likely impact on stock performance relative to a benchmark over defined periods of time. Forecasts are made using our proprietary multi-factor model of executive events, which is back-tested to ensure efficacy.
In essence, Events
is designed to generate Alpha opportunities for our clients. Clients can use Events
as a new trading strategy, or as an overlay for existing ideas/positions. We currently cover about 1,500 U.S.-based companies, for which we expect to issue about 100 alerts per year.
View Sample Reports:
November 14, 2011
American Eagle Outfitters
November 15, 2011