Worldscope Point-in-Time (PIT) data generate more accurate analyses than do non-date-specific data. PIT metrics are more exacting, yielding more targeted backtest results for 10%-20% of S&P 500 companies. This study demonstrates how Worldscope PIT data increase backtesting accuracy, and avoid skewing returns of a backtest.

There are distinct trends in the way the Consensus Mean estimate moves in the portion of S&P companies that have upward revisions in the Consensus Mean and in the portion that have downward revisions. SmartEstimates can be used to provide greater confidence in predicting the direction of future Consensus Mean estimate moves. When trailing 4-week consensus revisions momentum data is combined with the SmartEstimate, the predictive capability of the SmartEstimate is strengthened. Money managers equipped with this edge can make more timely and accurate decisions based on the incremental information that the SmartEstimate provides.