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Voyant Advisors

Voyant Domestic
Voyant Advisors is headed by Derek A. Laake who is joined by six investment analysts. Voyant performs in-depth accounting policy and working capital analysis to assess the validity and reliability of the earnings, cash-flow and financial position reported by public companies listed in the U.S. The research provides rigorous analysis of companies that exhibit signs of potential fundamental business deterioration, competitive landscape challenges, and/or operational inefficiencies that may be precursors of future companies exhibiting a high risk of underperformance. On a monthly basis, clients receive two to three comprehensive reports focused on companies believed to have a high probability of share price decline over the next one to three quarters.
Voyant Global
Academic evidence has established that opportunistic earnings manipulation is more pervasive and financial statement quality is generally poorer outside the United States. Through an analysis of internal control weaknesses, accounting policy changes, and working capital, Voyant Global seeks to identify foreign companies that are poised for significant share price underperformance. The combination of an accruals-based quantitative process followed by in-depth accounting policy and working capital analysis routinely highlights deteriorating situations long before they become apparent to the rest of the Street. The universe includes over 4,500 global companies with market capitalizations in excess of $1 billion. The primary markets of focus are the United Kingdom, Germany, France, Sweden, Japan, Hong Kong, China, and India. On a monthly basis, clients receive two to three comprehensive reports focused on companies which Voyant Advisors believes to have a high risk of underperformance over the next one to three quarters.
Voyant "Small Cap Alerts"
"Small Cap Alerts" seeks to identify liquid companies between $500 million and $2 billion in market capitalization that exhibit evidence of fundamental business deterioration, competitive landscape challenges, and/or operational inefficiencies that are not recognized by the market. Academic studies have consistently documented that returns in financial statement analysis-based strategies are strongest for lower market capitalization companies. Given that the proprietary models and fundamental research techniques of Voyant are rooted in empirical research, it follows that the small and mid-cap universe offers excellent alpha potential when their research process is applied. On a monthly basis, clients receive one to two comprehensive reports focused on small cap companies which Voyant Advisors believes to have a high risk of underperformance over the next one to three quarters.
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