Uncover the Top Corporate Events Impacting Your Investments in 2024
Wall Street Horizon recently conducted its annual survey focusing on trading and risk data, revealing key insights that every investor should take note of. The majority of respondents were top executives at institutional firms, traders/investors, and portfolio managers, representing a wide range of financial entities.
Here are some of the crucial findings from the survey results:
– Earnings announcements and earnings announcement changes were ranked as the top two corporate event types considered most important to follow by survey respondents.
– Approximately 24% of respondents experienced losses due to missing, incorrect, or changed earnings dates.
– Of those who suffered losses, 50% reported a poorly timed investment, 17% mentioned an impacted trading strategy, and 17% indicated an affected risk strategy.
– Geopolitical risk was the primary concern for 55% of respondents, followed by macroeconomic risk at 25%.
Earnings announcement data has consistently been highlighted as the top corporate event to track since the survey’s inception in 2017. This year, the importance of earnings announcement changes has increased significantly, indicating that investors are becoming more aware of how these changes can impact market volatility.
It is essential to pay attention to the Wall Street Horizon Late Earnings Report Index (LERI), which monitors off-trend earnings date confirmations at US publicly traded companies. A reading over 100 suggests that more companies are delaying earnings reports, signaling potential concerns.
The survey also revealed that respondents are concerned about regulatory risks associated with the use of AI in the investment process, with 57% expressing worry and 24% reporting no concern.
Overall, these survey results emphasize the critical role that corporate events play in shaping investment outcomes. By staying informed about earnings announcements, geopolitical risks, and regulatory changes, investors can make more informed decisions and mitigate potential losses in the ever-evolving financial landscape.