Amareos

Ryan Shea

Thematic (Sector/Industry)

<p><strong>Summary: </strong></p><p><em>Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble occurs when the price of an asset is significantly overvalued making it increasingly difficult to justify based on underlying fundamentals. In such situations it is the overriding optimism of the crowd, with unrealistically high expectations, that acts as the propellant for further gains. Ten years on from the bursting of the US housing market</em>…</p>

Summary: Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble occurs when the price of an asset is significantly overvalued making it increasingly difficult to justify based on underlying fundamentals. In such situations it is the overriding optimism of the crowd, with unrealistically high expectations, that acts as the propellant for further gains. Ten years on from the bursting of the US housing market…

The Market Sentimentalist: Global Real Estate – Where Are The Risks Residing?

Doing bespoke work since 2002....., Custom Products Group

Patrick Hansen

Doing bespoke work since 2002.....

Custom Products Group

Custom Products was started 14 years ago at Lehman Brothers by current co-founder Patrick Hansen, CFA. After 3 years at Lehman, Patrick moved the team to Macquarie Securities where Simon Rigney (co-founder) joined. 3 years ago we took Custom Products independent. 

Our core strength can be summed up three words. 1- Customization - we have very little off the shelf products and most work is done on a one on one bespoke basis. 2- Speed - We pride ourselves in our ability to get requests back to the client very quickly. 3- Confidentiality - We do not redistribute. There is no grace period where we wait a week and then mass blast. Any request stops with that client.

<p>With TOPIX up approx. 30% since the end of June last year, we wanted to update the Hated by the Street screen and focus on names that missed the rally. We screened for names that </p><ol>
<li>% of BUY Recommendations to Total is less than 30%. </li>
<li>Have underperformed TOPIX by more than 10% since last June.</li>
<li>PBR relative to the sector median PBR is less than 0.8.</li>
</ol><h2>Screen Results</h2><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/022/936/original/1.png?1490134662" class="editor-image img-responsive" data-smartkarma-image-id="22936"></figure><div class="content-caption"><strong>Source: Custom Products</strong></div><p>If we look at the worst performers relative to TOPIX, <a href="https://www.smartkarma.com/entities/19147" target="_blank" data-smartkarma-citation="entities:19147:1">Sawai Pharmaceutical Co Ltd (4555 JP)</a> tops the list, down 42%…</p>

With TOPIX up approx. 30% since the end of June last year, we wanted to update the Hated by the Street screen and focus on names that missed the rally. We screened for names that 
% of BUY Recommendations to Total is less than 30%. 
Have underperformed TOPIX by more than 10% since last June.
PBR relative to the sector median PBR is less than 0.8.
Screen ResultsSource: Custom ProductsIf we look at the worst performers relative to TOPIX, Sawai Pharmaceutical Co Ltd (4555 JP) tops the list, down 42%…

Hated Names that Missed the Rally in Japan.....

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

<p>The analyst viewpoint series features interviews with analysts from several of the 46 markets covered in Euromonitor’s Consumer Finance research programme, discussing key payment trends or developments in their respective research markets.</p>

The analyst viewpoint series features interviews with analysts from several of the 46 markets covered in Euromonitor’s Consumer Finance research programme, discussing key payment trends or developments in their respective research markets.

Analyst Viewpoint on Consumer Finance : Japan

Fintech, Real-time Big-Data Analytics Provider, Nowcast, Inc.

Ryota Hayashi

Fintech, Real-time Big-Data Analytics Provider

Nowcast, Inc.

We at Nowcast develop "Big-Data Economic Analytics Platforms".  We aim to revolutionize the financial markets by providing "accurate" and "real-time" analytics based on economic indicators and corporate activity data procured worldwide. 

Our Main Services

(1) Real-time Analytics
With our Nikkei CPI Now Index at our core, we provide real time analytics of global economic indicators such as POS Data. By utilizing Big-Data technology, we also provide real-time analytics of micro level data such as corporate earnings. 

(2) Big-Data Application Consulting
We too provide business consultation and conduct joint research on initiatives that strive to use data, such as from the operation capacity of construction machinery to number of passengers on railroad trains, as economic indicators. We provide continuous support to Data Scientists specialized in economics in their proposal stage, product development and up till its business development. 

(3) Monetary Policy Insights
With the proactive involvement of and support from from academicians in macroeconomics & key figures in the financial industry, we produce reports, conduct seminars and meetings that discuss about the forecast of financial markets, provide intellectual suggestions on asset allocation, etc. 

<ul><li><p>January 0.1% Increase From Previous Year: New Core Core CPI</p></li><li><p>New Core-Core CPI’s January percentage increased by 0.2% from the previous year and increase by 0.1% from the previous month</p></li><li><p>The February New Core Core CPI is predicted to increase</p></li></ul>

January 0.1% Increase From Previous Year: New Core Core CPINew Core-Core CPI’s January percentage increased by 0.2% from the previous year and increase by 0.1% from the previous monthThe February New Core Core CPI is predicted to increase

Evaluating the Performance of Bank of Japan's Core Core

Japan/Asia Long-Short, LightStream Research

Mio Kato

Japan/Asia Long-Short

Japanese and Asian equity long/short strategies

Uzabase

Specialising in Japanese and Asian equity long/short strategies with a focus on rigorous, but targeted quantitative analysis to temper evaluations of company strategy, potential and vision. At Uzabase, our team of analysts provides coverage of industry dynamics with a local Asian flavour on Speeda, our financial information platform. Going forward we are aiming to channel our focus toward thematic research on emerging industries and company research.

<p>This is the third report of "The Week That Was in North Asia@Smartkarma". This is a collaborative report among <a href="https://www.smartkarma.com/profiles/713" target="_blank" data-smartkarma-citation="accounts:713">Mio Kato, CFA</a>, <a href="https://www.smartkarma.com/profiles/354" target="_blank" data-smartkarma-citation="accounts:354">Sanghyun Park</a>, <a href="https://www.smartkarma.com/profiles/342" target="_blank" data-smartkarma-citation="accounts:342">Douglas Kim</a>, and  <a href="https://www.smartkarma.com/profiles/25" target="_blank" data-smartkarma-citation="accounts:25">Travis Lundy</a>. It is written on a weekly, rotational basis among these four analysts (others are welcome!). The focus of this report is to recap the major insights about Japan and Korea featured on Smartkarma during the past week.</p><h2><strong>Reminders of the Dotcom Bubble, Delayed Filings, Governance Issues and Political Threats... No Wonder North</strong></h2>…

This is the third report of "The Week That Was in North Asia@Smartkarma". This is a collaborative report among Mio Kato, CFA, Sanghyun Park, Douglas Kim, and  Travis Lundy. It is written on a weekly, rotational basis among these four analysts (others are welcome!). The focus of this report is to recap the major insights about Japan and Korea featured on Smartkarma during the past week.Reminders of the Dotcom Bubble, Delayed Filings, Governance Issues and Political Threats... No Wonder North…

The Week That Was in NorthAsia@Smartkarma

Japan

iShares MSCI Japan ETF is an exchange-traded fund incorporated in the USA. The ETF's objective seeks to provide investment results that correspond to the performance of the Japanese market, as measured by the MSCI Japan Index. The ETF invests in a representative sample of index stocks in a variety of sectors using a market cap weighted "portfolio sampling" technique.

iShares MSCI Japan ETF (EWJ US)

The Market Sentimentalist: Global Real Estate – Where Are The Risks Residing?

Summary: Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble...

Amareos

Hated Names that Missed the Rally in Japan.....

With TOPIX up approx. 30% since the end of June last year, we wanted to update the Hated by the Street screen and focus on names that missed the...