High-risk market
0
Probability of capital loss is high.
Red
0 (Zero)
Zero exposure to these markets.
We are sellers of these markets.
Sell
100
Low-risk market
Probability of capital loss is low.
Green
100% exposure to these markets.
100
We are buyers of these markets.
Buy
Get smart. With smart strategies.
Imagine having a bright, shiny path for navigating the world’s most volatile equity markets. With each market flashing red (high risk) or green (low risk). This is exactly what we deliver to our subscribers every week. Across 43 Asian and emerging markets. You can use all of these market risk scores on a stand-alone basis. Or you can integrate them into your own investment framework.
GO IN
GET OUT
Rule #1: Never lose money. Rule #2: Never forget rule #1.
Have you taken Warren Buffett’s injunction to heart? We have. Since 1 July 2015, our market risk scores have provided 65.7% capital protection in the worst market crashes across dozens of the world’s riskiest equity markets. For you and your team, this level of capital protection virtually guarantees long-term outperformance.
The view from Omaha
Asia and Emerging Markets. Less risk. More return.
Discover more
Fundamental? Quantitative? Macro-driven? It all works for us.
Whichever approach you favor, our binary risk data can be easily integrated into your proprietary investment process. If you’re running a quantitative, machine-driven process, it literally becomes a weighing exercise. And if it’s a fundamental or macro-driven investment strategy, then the binary risk scores become one more quantified variable among the many others that enter your decision equation: GDP, CPI, M1, M2… We even optimized the duration of our risk scores for seamless integration into weekly, monthly and even quarterly portfolio rebalancing schedules.
Look at risk differently.
That's what we finally did.
Volatility. VaR. Standard deviation. Have you tried using these standard measures of risk for allocating capital? We did. And we learned the hard way that it just doesn’t work. Long story short: high volatility markets can go up. And low volatility markets can go down. By contrast, our multi-factor algorithms seek to capture the directionality of markets. And this makes our risk scores highly effective for your capital allocation process.
Bottom-up. Top-down.
Macro views are traditionally generated in a top-down fashion. But we flipped this process upside down: all of our macro views are generated from the bottom-up. For example: to generate a market view on China, we systematically analyze and evaluate hundreds of individual Chinese stocks. We then combine all of this single stock data to generate an overarching view on the China equity market. So micro drives macro.
Regions
Countries
The 90% rule
"At the end of the day, the most important thing is how good you are at risk control. Ninety percent of any great money manager is going to be the risk control."
Paul Tudor Jones
Global. Macro.
From day one, we designed all our investment engines to generate long/short market scores. So we have been generating these scores—internally—for more than a decade. Finally, towards the end of 2024, we decided to package all of this work into a dedicated Global Long-Short dashboard. Today, GLS delivers long/short market views across 40 Asian and emerging markets on a weekly basis.
Market. Dynamics.
By systematically evaluating the risk of 1231 stocks, we can generate some unique insights on underlying market dynamics. It's a highly granular approach for answering two fundamental questions: is this a good market or a bad market? And is the market improving or deteriorating?
High. Performance.
We have been running our Low Risk Strategy since July of 2015. The strategy is anchored in the absolute risk levels of equity markets. In 2024, we developed a ’Fast Risk Strategy.’ The Fast Risk Strategy is governed by the changes in an equity market’s risk level. By capitalizing on a market’s first signs of improvement—or deterioration—the Fast Risk Strategy is quicker to move both in and out of markets. Compared to the Low Risk Strategy, this accelerated speed of response can drive significantly higher returns. Today, we generate all of our country risk scores by blending our Low Risk Scores with our Fast Risk Scores. In effect, we are blending the absolute level of risk with the risk delta.
1
Protect capital in falling markets. With CSA's market risk scores.
2
Run a macro overlay. On your stock selection.
3
Aim for next-level performance. With CSA's blended risk scores.
4
Go long-short equity indices. With the GLS Dashboard.
5
Explore the road less well-traveled. With CSA's coverage of 8 Frontier markets.
5 key benefits for users
Explore further solutions.
Asia focus?
Or global vision?
GTAsia
Asian markets
GEM
Global markets
GLS
Global markets
long/short
Coverage
Binary risk scores.
High risk/low risk. 0/100 market exposure.
Long/short/out. 100/-100/0 exposure.
Forward-looking.
The scores cover the 5 next market days and beyond.
Upgrades & downgrades.
Highlighted in bright and bold.
Weekly generation.
Of all risk scores every weekend.
Average holding periods.
Calculated on both low and high risk scores.
Performance tracking.
Total return, annualized, year-to-date and year by year.
Real returns.
No backtested returns. Only real numbers generated in real time.
Log record.
Of all risk scores since inception: 1 July 2015.
Electronic date stamp.
By a leading Swiss auditor every weekend.
Format.
Choice of PDF or Excel.
Delivery method.
Email attachment.
Licensing structure.
Pay-as-you-go.
Top 50 Stocks.
Quintile rankings of 50 biggest Asia ex-Japan stocks.
Asia Bonds.
Hard and local currency.
GTAsia
China
Indonesia
India
Thailand
Taiwan
Malaysia
South Korea
Philippines
Singapore
Vietnam
Pakistan
Top 50 Stocks (GEM).
Quintile rankings of 50 biggest EM stocks.
Emerging Market Bonds.
Hard and local currency.
GEM & GLS
1. China
2. Taiwan
3. South Korea
4. India
5. Thailand
6. Malaysia
7. Indonesia
8. Philippines
9. Vietnam
10. Pakistan
-
Brazil
-
Mexico
-
Chile
-
Peru
-
Colombia
-
Argentina
-
-
Saudi Arabia
-
UAE
-
Qatar
-
Kuwait
-
Bahrain
-
Oman
-
-
South Africa
-
Morocco
-
Nigeria
-
Kenya
-
Egypt
-
-
Poland
-
Turkey
-
Greece
-
Czechia
-
Romania
-
Common features
High risk/low risk. 0/100 market exposure.
Long/short/out. 100/-100/0 exposure.
The rankings cover the 5 next market days and beyond.
Highlighted in bright and bold.
Of all risk scores every weekend.
Calculated on all quintiles and strategies.
Total return, annualized, year-to-date and year by year.
No backtested returns. Only real numbers generated in real time.
Of all risk scores since inception: 1 July 2015.
By a leading Swiss auditor every weekend.
Choice of PDF or Excel.
Email attachment.
Pay-as-you-go.
Connect with us:
Location
Crystal Shore Alpha
Rue de l'Industrie 10
1950 Sion, Switzerland
Tel. +41 79 333 0310
© 2035 by Crystal Shore Alpha