Earnings multiples are the foundation for most stock prices. ORTEX EPS momentum tracks analyst’s upgrades and downgrades of stock estimates, using the most accurate intra-day data. ORTEX provides a unique insight into corporate EPS growth to show acceleration and deceleration vs. the share. Divergence of 12 month forward EPS estimates and the share price, often highlight alpha generating ideas and allows users to analyse how much earnings estimates determine a stock price.
For example, if the stock price goes down but analysts EPS estimates go up, it could be a strong signal that the fundamentals remain strong and the stock should revert back up.