Analysts will often revise their estimates, but it’s not always clear when those changes were made. Point in Time (PIT) will essentially timestamp each revision made to an estimate. This cuts down on the number of assumptions an investment manager needs to make about the data.
Austin Burkett, global head of quants and feeds at Thomson Reuters, tells WatersTechnology that investment managers want to be able to backtest with data that is un-altered, in an as-was state without corrections applied
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails
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