Independent research

Independent perspectives.
One reasoned conclusion.

Hide Capital reads filings, insider and fund disclosures, options, macro and media data, tests each case from independent analytical perspectives and publishes one conclusion with the reasons for and against.

Request early access See plans

Research for information only · Not investment advice

Data sources, licensed and public
30+
Source domains, from filings to sentiment
7
Asset classes: equities, options, bonds
3
Benchmark for every conclusion
S&P 500
How it works

From data to a reasoned conclusion.

Licensed and public data comes in on one side. Each perspective reads the data its question needs. Most names go no further. The few that reach a conclusion leave with the reasons for and against, the sources, and what would prove them wrong.

Schematic. Sources and tickers shown in the animations are illustrative placeholders — they are not conclusions, recommendations or results.

The council

Each question, answered from its own data.

The council examines every name from independent analytical perspectives, each asking one question of its own data. Where the data says nothing, “No edge” is a valid answer.

  1. Fundamentals

    What does the business earn, and are the reported numbers real?

    SEC filings, XBRL financials, earnings calls

  2. Credit

    Can the balance sheet carry its debt through the next maturity?

    Maturity schedules, interest coverage, Treasury curve

  3. Valuation

    What is the business worth, with the assumptions stated?

    Treasury curve, equity risk premium, analyst forecasts

  4. Flows

    What are insiders, funds and other disclosed holders doing?

    Form 4, 13F, 13D / 13G, N-PORT, STOCK Act disclosures

  5. Positioning

    How are the options, short and off-exchange markets positioned?

    Options chains, short interest, dark pool data

  6. Macro & liquidity

    What do rates, credit conditions and liquidity mean for this name?

    FRED series, Fed balance sheet, Treasury data

  7. Sentiment

    What have headlines, analysts and the crowd already priced in?

    Media headlines, rating changes, sentiment gauges
The perspectives applied depend on the question. Perspectives and data
Independence

They never see each other’s work.

Each perspective works without seeing the others. When unrelated data points to the same name, that agreement carries information — and the case is examined further. The council does not vote.

Schematic: two perspectives with unrelated data — insider filings and fund holdings — reach the same name separately. Names, figures, confidence values and the ticker are illustrative.

The conclusion

One conclusion, with its reasons.

Agreement alone proves nothing. A case is argued, concluded with named reasons, stress-tested, approved by Hide Capital and then checked against dated statements of what would prove it wrong.

  1. 01

    Independent analysis

    Independent perspectives assess the name from their own data, without seeing one another. Where the data says nothing, the answer is “No edge”.

  2. 02

    Both sides

    The case for and the case against are argued before anything is concluded.

  3. 03

    Conclusion

    A reasoned conclusion — Constructive, Cautious or No edge — names which arguments were accepted and which were rejected.

  4. 04

    Independent challenge

    The conclusion is stress-tested against what the analysis may have missed. What it cannot answer from primary sources weakens it or withdraws it.

  5. 05

    Editorial review

    Hide Capital reviews the conclusion, its reasons and its sources, and approves it before anything is published.

  6. 06

    Falsifiers & measurement

    Each conclusion carries dated statements of what would prove it wrong. Conclusions are measured against the S&P 500 over time — a discipline, not a claim of results.

Stage 04 · Independent challenge

Not every draft survives.

Every draft conclusion is stress-tested against what the analysis may not have weighed, and it has to answer from primary sources. Some drafts stand, some are weakened, and some are withdrawn and published as No edge.

  1. DraftConstructive
    TK01
    1. A risk disclosed in the annual reportAnswered · filing cited
    2. Terms of the credit agreementAnswered · filing cited
    StandsAnswered

    Published as Constructive.

  2. DraftCautious
    TK02
    1. Insider sales during the periodAnswered · filing cited
    2. An obligation outside reported debtUnanswered
    WeakenedPartly answered

    Published as Cautious, with lower conviction.

  3. DraftConstructive
    TK03
    1. A disclosed risk the analysis had not weighedUnanswered
    2. Debt maturing inside the horizonUnanswered
    WithdrawnNot answered

    The draft is withdrawn and published as No edge.

Illustrative. TK01–TK03 are placeholders, not securities. The challenges and outcomes show the idea; they are not published conclusions or results.

Early access

Research that shows its reasons.

When plans open, you receive the published research and council analyses on the securities you choose — each conclusion with its reasons, its sources and what would prove it wrong.

  • ResearchPublished research and 4 analyses a month$299 / mo
  • Professional40 analyses a month on coverage set with you$3,999 / mo
  • InstitutionalCoverage and seats for a teamOn request
Compare plans
Which plan is this request for? Compare plans

Plans open when the company is formed. A request creates no obligation.

We store your name, email, firm, the plan you chose, IP address and browser type to respond and to filter spam. IP and browser type are deleted after 30 days. See Privacy.

Request received.

We reply personally.

Or write to contact@hidecapital.com