Insights
In-depth research and data-driven insights on quantitative finance, factor investing, risk, and ESG from the TEJ research team.
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Fundamental Factor Research: Monthly Revenue Information – part1
The Taiwan equity market possesses a rare institutional advantage globally: under the Securities and Exchange Act, listed companies are required to announce and report their operational results for the preceding month by the 10th of each month (Exception: starting from FY2026, insurance companies and entities with insurance subsidiaries may extend their disclosure deadline to the 15th of each month). This is commonly referred to in the market as "Monthly Revenue".
Factor Strategy – Integrating Broker Consensus to Enhance Foreign Concentration Strategies – QFII Part 2
Boost your quantitative strategy with QFII concentration & broker consensus! Discover how the conc_qfii fusion strategy delivers a 30.12% annualized return in the Taiwan large-cap market.
Factor Research – Tracking Smart Money Footprints via Foreign Institutional Concentration – QFII Part 1
Track QFII ‘smart money’ footprints in Taiwan large-cap stocks! Learn how the Foreign-Institutional Trading Concentration (conc_qfii) factor predicts returns.
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Event & Alternative Signals
Should ESG ETF Be a Buy? Backtest Performance of ESG ETF
ESG is an important indicator for evaluating a company’s sustainable development and is also one of the important issues that investors pay attention to. Environmental risks are an issue that the world must pay attention to. Both investors and social groups have begun to supervise companies’ or governments’ response measures to environmental risks. This article will buy-and-hold ESG ETF and backtest risk and performance.
Event & Alternative Signals
TQuant Lab Warren E. Buffett’s Business Investment Rules
This article selects five critical stock selection criteria from Buffett’s Business Investment Rules. From utilizing TejToolAPI to fetch financial data and screen targets to using TQuant Lab to backtest investment risks and performance, we will explore Buffett’s investment style and appreciate the ability of Business Investment Rules to generate excess returns.
Event & Alternative Signals
Negative Screening: Striking the Balance Between Your Beliefs and Portfolio Returns
For advocates of negative screening, the most crucial question is how to screen for good companies. Can the selected companies not only align with personal values but also meet returns?
Event & Alternative Signals
【Data Analysis】TESG Event Radar Topic Modeling
Today we will use the “TESG Event Radar” data to fulfill topic modeling, which can help us easily and quickly understand the ESG trends or topics of open data of the government, shareholders meeting report, and ESG report.
Event & Alternative Signals
ESG Investment Portfolio (Part 2)
In the previous article, we introduced TESG’s scoring mechanism in detail and its rating ratio among popular ETFs in China. This article will teach readers how to further use the ESG rating provided by TESG, and use Python to construct a concurrent An investment portfolio with sustainable operations and financial growth potential.
Event & Alternative Signals
ESG Investment Portfolio (Part I)
In recent years, various asset management companies have launched ESG-related ETFs, such as the pioneering Fubon Corporate Governance ETF (00692), which focuses on the top 100 companies in Taiwan in terms of corporate governance, and the Cathay Sustainable High Dividend ETF (00878), which combines high dividend yields with sustainability criteria. The common thread among these ESG ETFs is their tracking of ESG indices introduced by domestic and international index providers. While each ESG ETF specializes in different areas, they all rely on ESG screening criteria, emphasizing sustainable business practices among their constituent stocks, allowing investors to invest in assets that balance environmental sustainability and robust growth potential.