Thomson Reuters launches default prediction model

fortuneteller_410Thomson Reuters has launched a default prediction model, which incorporates information from forward-looking analyst estimates.

The StarMine SmartRatios Credit Risk Model aims to assess the credit risk of publicly traded companies.

In a statement, Thomson Reuters said the model was “an intuitive and robust default prediction model that provides a clearer view of a firm’s credit condition and financial health by analysing a wide array of accounting ratios that are predictive of credit risk and combining these with forward-looking analyst estimates”.

It incorporates information from forward-looking analyst estimates via StarMine’s proprietary SmartEstimate.

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