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  3. Using Mosaic Data in Comparable Analysis

Using Mosaic Data in Comparable Analysis

Finding Mosaic Metrics in Comparable Analysis

You can use Comparable Analysis to find ideas that incorporate both alternative and fundamental data. To start, open the Comparable Analysis function:

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In Comps, select the Add Filter button on the left side and go into the Mosaic section of the dropdown menu. To see a description of each metric, simply click on the field and view the “Field Description” box at the bottom of the menu:

Mosaic Screener

Creating a View Across Your Portfolio

First add the Sentieo Index accelerations, using the Acceleration %-ile Rank (Fiscal Quarter) field (see second screenshot above). This number is roughly a %-ile rank metric, and is set such that a number >50 signals an acceleration.

Next, add a YoY% for the Sentieo Index. You can pick the growth rate by quarter or month. In the screenshot below, we have selected FQ1, which is the current unreported fiscal quarter:

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Next, try layering on some multiples or financial data. I have added P/E, EV/EBITDA, and EV/Sales:

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Now you can see how the constituents of your watchlist rank across different metrics. Now you might ask yourself, which stocks stand out as being both cheap and having strong alternative data trends? Or vice versa, what’s expensive and has low alt data trends? We can use the scatterplot function for this:

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First pick the two fields to plot against each other (P/E and Sentieo Index FQ1 Accel %ile):

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You might have some outliers in your plot, perhaps due to companies having negative earnings. Simply click on those points in the legend to filter them out. Now you should have a cleaner chart:

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Looks like TXRH stands out has having a high P/E and a low Sentieo Index. If we go to Mosaic, we can actually see the Sentieo Index deceleration more clearly:

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If you think this analysis was useful, save your view so that you can easily access it later:

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Summary

This is just one example of what you can do by combining alternative and financial data when looking at your portfolio. For further exploration, try looking at the mosaic data against short interest and other financial/market data. Please reach out through our support chat if you have questions.

Updated on July 26, 2018

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