More Productivity “At A Glance” with Sentieo’s Redesigned Dashboard

Sentieo’s customizable Dashboards got streamlined and sped-up in the v4.0 release this week. This very flexible part of the product lets you do many things “at a glance”: monitor your team’s research activities, follow industry-specific docs and saved searches, watch financial metrics (prices, performance, reported and estimated financials, alt data, and more), visualize data, and more. Best of all, you can save multiple Dashboard formats if you wear multiple hats, or if you follow very different industries. 

In this videos-heavy blog post, we will cover several of these use cases. In the last video, we will go over the building of a dashboard from scratch. 

Sentieo’s Dashboard is based on customizable widgets that pull and visualize data and documents from across the platform. The extensive collection of widgets include price monitor (“all” things financial, similar to the fields in our Screener), documents (filings, transcripts, broker research, and more), internal notes and theses, charts through our data viz tool Plotter, valuation tables, and more. These widgets display either information either for a single ticker, or for watchlists. Confusing? Watch the short videos below, and it will all make sense. 

Using Dashboard for Documents and Notes

If you are using Sentieo primarily for Documents and News we recommend using the following widgets:

  • All Documents
  • Research Reports (if you have broker entitlements)
  • Saved Search
  • LexisNexis Articles
  • Notes
  • Document Highlights

Using Dashboard for Research Management and Collaboration

If you are using Sentieo primarily for research management, note taking, and collaboration, we recommend using the following widgets:

  • Price Monitor with Thesis Fields
  • All Documents
  • Notes
  • Company Thesis
  • Recent Activity
  • Document Highlights

 

Using Dashboard as a Customized Financial Data Terminal

If you are using Sentieo primarily as a financial data terminal we recommend using the following widgets:

  • Price Monitor
  • All Documents
  • LexisNexis Articles
  • Tweets
  • Stock Price Graph
  • Intraday Price Graph
  • Plotter Templates
    • Use “Plotter” for any static charts that you build (e.g. Macro or Market Performance)
    • Use “Plotter Templates” for any charts you charts that you want to instantly replicate for different tickers
      • Try this with the Sentieo Templates or simply create your own
      • Select from some of our pre-built plotter templates. Add Widget -> Graphs -> P/E Relative to SPX for example

 

Building Your Dashboard (step-by-step)

In this final video, we go over how to build a dashboard from scratch. We discuss, add and customize several different types of widgets, geared towards a retail company watchlist. 

 

If you like what you are seeing, please get in touch

14 Stock Picks for H1 2020

Today, we’re excited to bring you our H1 2020 stock picks. This has become a bit of a fan favorite over the last couple of years—a report that is requested by our customers, the online community, and our internal staff in equal measure.

We know that incorporating alternative data into the equity research workflow empowers analysts to pick up digital breadcrumbs and turn them into signals. We first launched our semi-annual “Stock Picks” report in January 2019 to demonstrate the power of this approach—and demonstrate it did. In the first report, we used Sentieo to publicly pick 11 stocks. Halfway through the year, these 11 long ideas returned an average (mean) of 60%, compared to the leading S&P 500 index ETF at just under 20% YTD—its best H1 performance in two decades!

To choose our stock pics, we use a combination of fundamental analysis along with alternative data from our platform and broad “themes” including high-growth industries, megatrends, revenue growth, and industry leadership. Next, we plot the data looking for telling trends and finally apply our team’s 60+ years of collective fundamental, qualitative investing experience to make our picks.

The H1 2020 edition highlights 14 new picks and takes a look back at our 2019 picks, why we selected them, and how they’re doing today. Last year’s H1 picks returned over 70% for the full year, while the H2 batch performed slightly above the SPY ETF since publication date to year-end (8.42% vs. 8.39%). We also did a retail-focused “Back To School” portfolio that further showcased our alternative data integration across the platform: we combined document search (to identify “back to school” stocks) with screening (looking for acceleration in the most predictive metrics). An equal-weighted basket, pun intended, of these 11 most actionable “Back to School” retailers outperformed the retail ETF XRT over the following month, as our alt data indicated they should: the basket was up around 13% vs. flat performance for the XRT. See our retrospective for details on each stock. 

Sample H1 2020 ideas (download the full report here)

CROX

Megatrends: casual wear 

Casual footwear company CROX was one of our H1 and H2 long ideas for 2019, and it’s also back for 2020. After overcoming some company issues in H1 2019, the company had an outstanding H2, more than doubling its June 2019 numbers. We are seeing excellent revenue and earnings estimates revisions, with solid alternative data index vs. expectations for revenue growth in the current quarter. The stock now trades at around 21x P/E for FYE Dec 2020: while there has been some multiple expansion since the summer, we still see room to run towards the premier names in footwear, all at 30x and above (for Nike, Adidas, Puma, Under Armour, Asics). 

 

 

CHGG

Megatrends: online learning, cloud

The dominant US online learning aid and textbook rental player Chegg (CHGG) has several levers to pull operationally in 2020: better bundling, better password sharing control, international, and execution around the recently acquired IT “boot camp”. With remarkable brand recognition, highly scalable content platform (across a variety of subjects), personalized learning aids (including tutoring), and affordable pricing ($15-$20/mo), the ROI for CHGG customers is undeniable versus tuition/remedial classes/dropping out. Yet the company trades at around 9x EV/Sales for FYE 12/2020, below similar high-growth, high-margin, defensible SaaS stories. We see an opportunity for catchup in 2020 (backed by strong search trends), very similar to what we saw with CROX in 2019. Also notable is the nearly 17% short interest, based on float.   

 

DOCU

Megatrend: cloud

Similar to our returning pick COUP, DOCU is at the forefront of changing business processes, but in contracts. The ubiquitousness of contracts across every enterprise and every department means a very large TAM, and DOCU has the sales growth and KPIs to prove it. Our alternative data for the upcoming reporting quarter indicates better than expected sales growth. The company trades at around 11x EV/Sales for FYE Jan 2021, with very strong revenue estimates revisions.  

 

To get the full H1 2020 list, and to see our full 2019 retrospective, download the full reportEquity Research Guide: How to deliver alpha without spending millions on data science projects”

 

 

Sentieo Document Search: Updates in the Newly Released v 4.0

With the latest release, Sentieo’s industry-leading Document Search got even better! 

As a part of our continuous improvement, we have added both new document sources to our very extensive collection, and additional functionalities to improve your complete workflow. In addition, to help users navigate through our non-English language documents, we have added language filtering. 

In the new version, users can now search documents from the US Food and Drug Administration (FDA), the US Environmental Protection Agency (EPA), and PubMed, totaling about one million new documents. In detail, we have over 20 years of history for PubMed (primarily the MEDLINE database), six years for FDA documents (press releases, recalls, withdrawals and others), and three years of EPA documents (press releases, enforcement announcements, superfund and brownfield updates). These document sets come on the heels of our private company data and LexisNexis news sources integrations last year. 

These documents can be integrated into your workflow just like the rest of our other docs: fully searchable (including our ML-based synonym search, saved searches and saved search alerts), with the ability to highlight and capture screenshots for your Notebook for future use, as well as our extensive Boolean operators. Some of the documents from the FDA and the EPA are tagged to publicly traded or private entities. 

To find these documents, use the Source drop-down anywhere in our Document Search. 

In this short instructional video, we go over the new document sources with some searches, and we show how these additions can be seamlessly integrated into your workflow. We show how to search FDA documents for mentions of listeria, a frequent cause of product recalls, highlight, label and save these passages; we then look for EPA documents containing mentions of superfund site Newtown Creek, and we save this search so new mentions will be pushed to us. Finally, we look at the PubMed database, where we find an interesting article, and we use our screenshot function to grab a chart with study results from it. 

 

 

In this second video, we show how to filter for documents in different languages in our Document Search, and how to use non-English search queries with our Booleans. We then show how to highlight and label the doc just like one can do with an English language doc. 

 

Sentieo v4.0 Release: More Data Sources and Integrations, Plus Smarter Dashboards

Our latest release, Sentieo v4.0, is now available and includes the addition of life sciences and regulatory data to our expanding list of content sources, Microsoft Office integrations, and a new dashboard interface, enabling improved outcomes, streamlined compliance, and deeper insights for our customers.

New Healthcare, Life Sciences, and Regulatory Data

Widen your research lens to improve returns and strategy using new data sources, including life sciences references and abstracts from PubMed, and news and announcements from the FDA and the EPA.

Microsoft Office Suite Plugins 

Streamline compliance and the protection of intellectual property with a new suite of plugins that make it easy to capture and tag Microsoft Office documents—Outlook emails, Word documents, and PowerPoint presentations—in the Sentieo Notebook for a friction-free research workflow.

 

Enhanced Dashboard Interface & Widget Library

Ensure no insights are missed for individual companies, portfolios, peer watchlists, and sectors with a new Dashboard interface and widget library that makes it easy to create multiple dashboards to monitor documents, notes, financial data, news, and graphs.

Login to Sentieo to read the full release notes, contact your Sentieo representative for more details, or check back for more Sentieo Blog posts on the new release over the next few weeks.

Productivity as an Edge in Equity Research

Investing is an ever-evolving industry. In recent years, we have seen the rise of indexing, quantitative strategies, an explosion of alternative data, and fee compression. Specific tools and data sets have delivered some improvements, for example, the addition of alternative data to analysts’ resources; however, the research workflow has remained relatively static and anchored to last generation tools from the legacy data terminal providers, or make-shift solutions through consumer-grade apps. 

Simply put: the workflow used for investment analysis has simply not kept up with the reality of the structured and textual data that must be parsed to produce a thesis with the potential to deliver alpha. At the same time, the adoption of homegrown or empty shell RMS solutions has failed to deliver substantive improvements in the investment research workflow. With costly document integration, poor user experience, and missed insights, the time has come for a new approach. 

While the need to “research different” to maintain an edge is greater than ever, there is one thing all successful investors do: correctly identify trends. Building alternative data into the research workflow empowers investors, so they can stop relying on hunches, intuition, or biased views and start quantifying and visualizing trends in seconds by overlaying relevant financial metrics—and ultimately generate alpha faster. However, repeatability is also important here. IP Security and compliance documentation are imperative to winning at scale. It’s why simplifying the research workflow and improving productivity is the key to longterm success. 

By bringing together each of the historically separate capabilities of equity and market data, document search, analytics and modeling, collaboration, and an auditable RMS into a single, integrated solution investment leadership enables their analysts to discover uncharted insights that they would not have been able to find with isolated tools. 

Want to learn how some investors are already applying this approach? Listen to CEO Alap Shah and me as we discuss this approach with Senvest Analyst King van den Berg in our on-demand webinar “Productivity as an Edge in Equity Research”.