Search for New Sources of Alpha
All of Columbine’s services spring from our extensive R&D. We have been conducting original research into the sources of alpha (excess return) for more than three decades.
Build Alpha-Forecasting Models
What we learn about alpha sources finds expression in mathematical models,
each designed to forecast active return based on different return characteristics,
investment styles, and country markets. The firm's pioneering work with an optimization
technique called gradient maximization lets Columbine tailor such tools to meet
specific investment objectives while incorporating transactions costs
and other real world constraints into their design.
Apply Models to Rank Stocks Worldwide
Every day we gather the latest financial and market data for more than thirty thousand
companies worldwide and feed that information into our models. The models output clear,
unambiguous rankings (usually 1-10) that summarize each model’s forecast of each company’s
future active return
Deliver Rankings to Subscribers
Clients receive our models’ rankings in a variety of ways: Subscribers can run interactive screens or generate
reports on the Columbine Capital web site. Our research is available through FactSet Research Systems or the
Thomson Reuters Baseline service. We also produce data files of our rankings for electronic delivery directly to users.
Columbine’s efforts don’t end with data delivery. We work closely with our clients to help them successfully integrate our rankings into their own processes.