Evidence
Aggregate, descriptive statistics on how filings identified by InsiderScope behaved historically, broken down by jurisdiction, horizon (in trading days), and cohort. Past patterns; not a promise of future results.
Evidence FAQ
What horizons are reported?
Trading-day horizons of 5, 20, 21, 63 and 126, all measured from td 1 to td 1 + h.
What is a cohort?
An analysis filter: "Purchases" excludes option-programme grants; "Opportunistic" further restricts to off-cycle or cluster purchases. Cohorts never enter the score itself.
What is the information window?
The trading-day point x by country at which cumulative excess return reaches 80% of its terminal value and marginal daily AR loses significance. Feed badges display it as "day d of ≈x".
Are returns adjusted for the market?
Yes: CARs against jurisdiction benchmarks, winsorised, with Wilson confidence intervals on hit rates.