Equity Reports

Hey guys, i am wondering what kind of tests and double checking are you doing for Estimates in Forecasting.

i am quite afraid of being biased in my analysis and forecasting, and i am starting a career as buy side - research analyst. i appreciate all the help you could provide.

3 Comments
 

You're meant to be biased. That's part of having a view. Of course to find devils advocate points, you can consult the sell side, colleague, or external peers. 

But there is no "accurate" forecasting (as someone explained in your previous post). Just as you cannot tell exactly how much rain will fall tomorrow, you cannot tell exactly what a company will report. You can only use your own opinions, views, and access to information to determine what you believe is closest to the "truth".

As long as you express that in a way (on your model) that is in accordance with accounting standards and financial theory, then that's all you can do.

 

can you advice me on resources to enhance my analysis techniques and investing acumen? books, articles, anything will work .. Thank you tho

 

Ea non dolor et ex ab. Ullam modi id iste amet modi accusamus ad. Blanditiis sequi omnis labore aut aut necessitatibus neque.

Magnam porro animi nobis aut aut. Minima blanditiis nostrum dolorum doloremque. Libero qui sequi qui. Voluptatibus aperiam est sint minima voluptatem impedit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”