Snow-covered alpine peaks above a sea of cloud
SonaR

Private research · Scotland

Every event has an owner. Most of it is already priced.

Independent research into how corporate news travels through markets.

About SonaR

46.8523° N, 9.5322° E
Above the cloud

Heard before it is named

SonaR follows companies and the markets around them. What is disclosed, what is priced, and what is still only expected.

Approach

  1. Event

    Something is disclosed.

  2. Exposure

    Revenue, supply and competition decide who else it reaches.

  3. Price

    We ask what has already been paid, and what is left.

I

A signal is not a story.

What is admitted, in print, at the moment it became known. Read once, and not retold.

II

A price is not a reason.

What has already been paid to believe it. Only what is left is of interest.

III

A headline is not the end.

The company in the news is the first to be priced. The ones it touches are often the last.

At a glance

companies watched
200
where the record begins
2010
earnings events recorded
9,868
outside capital
0

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