New York-based OCE Interactive has unveiled a new Web-based benchmarking and valuation analysis tool targeted at hedge funds and other sophisticated investors.
Market Topographer features an array of tools that allow investors to evaluate whether a stock is fairly priced, using a dozen risk assessment characteristics. The system also offers a trio of complementary benchmarking techniques.
“We built Market Topographer to provide a framework that would help investors do a better job connecting the dots between the valuations of companies, both currently and across time, and between the current expectations priced into stocks and the market’s record of historical fundamental precedents to support those expectations,” OCE co-founder Jonathan Greenberg, formerly of Lehman Brothers, said. “Market Topographer transforms commoditized financial data that is widely available from a variety of sources into insightful information.”
“Portfolio managers, research analysts, investment bankers, financial advisors, corporate finance executives and even more sophisticated or inquisitive retail investors will find the platform very useful,” he added.
At the heart of the initial release of the platform, which has been six years in the making, is a pair of patent-pending modules. One allows users to compare any two publicly-traded U.S. stocks to asses which is the better value bet, the other provides an insight into the reasonableness of expectations priced into a stock based on the historical records of relevant companies.