Evaluating Risk–Glass Lewis launches new product

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Glass Lewis & Co. LLC, an independent research firm that provides investment research, class action settlement solutions, and proxy management services, announced yesterday the launching of a new product- Risk Monitor. This web-based application tool will help investors identify the potential risk of their portfolios.

Risk Monitor uses quantitative analysis to take into account factors that are often overlooked by sell-side analysts. Using accounting, legal and regulatory, public companies are ranked based on their relative risk profile. Generated in near real-time, the scores are calculated by tracking 30+ data patterns. Scores are continuously updated in order to adjust for changes in a company’s stock and relative valuation metrics. Risk Monitor will allow users  to measure a company’s relative risk score compared to their portfolio, an industry group, market cap, or index of choice.

Currently, the Top 10 riskiest companies as identified by Glass Lewis are:



Ticker
Company
Risk Score
Industry
1
AMT
American Tower Corporation
100
Communications Services
2
ATVI
Activision, Inc.
100
Software & Programming
3
ILMN
Ilumina, Inc.
100
Scientific & Technical Industry
4
WFC
Wells Fargo & Company
99
Money Center Banks
5
APOL
Apollo Group Inc
99
Schools
6
FRT
Federal Realty Investment Trust
99
Real Estate Operations
7
MFE
McAfee, Inc
99
Software & Programming
8
IMCL
ImClone Systems Incorporated
98
Biotechnology & Drugs
9
ADM
Archer-Daniels- Midland Company
98
Food Processing
10
NI
NiSources Inc
98
Natural Gas Utilities


* The 100th percentile represents the highest risk companies

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