This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
I have searched the internet and can't find any single source of analyst upgrades and downgrades data that can be downloaded.
Either the data is in html or you have to subscribe to a paid service in order to download the data.
Hopefully I found a website, streetinsider.com, who offers the data in a RSS format.
There are two separate feeds, one for the analyst downgrades and the other for the upgrades.
The downloader item I have created combines these two feeds and insert parsed data into a single database whose name is 'analyst_opinion'.
This database contains 4 columns.
Date: the date and time at which the analyst downgrades or upgrades were reported.
Title: the analyst comments. Example: Sterne Agee Upgrades Whitney Holding (WTNY) to Buy.
Upgrade: a numeric value, which takes 1 if it is an upgrade and -1 for a downgrade.
Link: the link of the analyst upgrade or downgrade comment.
You should download the data steadily so you can build your analyst downgrades and upgrades database.
For now I am still collecting data, I am waiting to have more content so that I can create some trading rules and backtest them.
There is a possibility to parse the title data (using regular expressions for example) and create a numeric column with more details on the type of the downgrade or upgrade.
Example:
Canaccord Adams Downgrades First Solar (FSLR) to Hold
This is a downgrade to Hold. We can assign a value to this type of comment and add it to another column.
Bank of America Downgrades Red Hat (RHT) to Neutral
This is a more bearish downgrade.
