Factor Coincident Index
Pries Capital Macroeconomic Framework • 55s
Pries Capital’s Factor Coincident Index
Points of discussion:
• Coincident indicator refers to metrics that reflect the contemporaneous condition of the economy.
• Coincident indicators are often used in conjunction with leading and lagging indicators to get a full view of where the economy has been and how it is expected to change in the future.
• By compiling several indicators into an index, some of the short-term noise associated with individual indicators can be eliminated, giving a more reliable measure.
Pries Capital is a private equity investment research firm. Pries Capital generates exclusive stock market and real estate investment research for all types of investors. Whether you are an institutional investor or a retail investor, the firm strives to be the first-place investors go to for their quantitative macroeconomic research and financial market strategy.
With that said, "We have great challenges & great opportunities, and with our help we’ll meet them together!" – Jason Pries
Up Next in Pries Capital Macroeconomic Framework
-
Second Derivative
Pries Capital’s Second Derivative
Points of discussion:
• In broadest terms, it tells you “How quickly the change is changing.”
• The second derivative of the equation will give you the acceleration of the object, that is, the rate of change of speed with respect to time.
• The derivative does e... -
Third Derivative
Pries Capital’s Third Derivative
Points of discussion:
• The third derivative of position represents “jerk,” or the change in acceleration over time.
• The third derivative, or higher derivatives for that matter, are generally used to “improve the accuracy of an approximation to the function.”
•... -
Bottom-Up Economic Environment
Pries Capital’s Bottom-Up Economic Environment
Points of discussion:
• Bottom-Up processing is a form of information processing.
• A Bottom-Up process has the advantage of being more unprejudiced and the outcome can discover new critical factors from the economic environment.
• Our Bottom-Up app...