Journal of Stock & Forex Trading
Open Access
ISSN: 2168-9458
ISSN: 2168-9458
Climate and Ecosystem Sciences Division, Lawrence Berkeley National Laboratory, Cyclotron Rd, Berkeley, CA 94720, United States
Research
Evaluating the Performance of Benzinga-Provided Stock Ratings as Trading Indicators
Author(s): Ashok Arun*, Jovan M. Tadic, Robert Assaly and Kalea Gore
With approximately 25 million readers a month, Benzinga has grown into one of the largest providers for actionable
information on capital markets. This information can be utilized in practical trading in multiple ways. In this
paper we: 1) Explore the effects of Benzinga-generated analyst rating and rating revisions, 2) Construct a trading
indicator by combining information from Benzinga-provided prior and current ratings used in conjunction with
prior and updated price targets, 3) Rank the individual performance of all Benzinga-covered research firms and
individual analysts between 01/01/2021-12/31/2021, and 4) Compare the simulated trading results using various
trading strategies based on the constructed indicators. We defined three indicators with differing enter criteria and
measured the success of rates for overall research firms and individual analysts. Afte.. View More»
DOI:
10.35248/2168-9458.22.09.212