About Us
EquityMidas.com is the brain child of Ashish Arole, a SEBI Registered Research Analyst (Registration Number INH000008136).
Ashish Arole developed EVM in 2017 and since then has been investing using its recommendations. EquityMidas is the platform through which he intends to share his learnings & insights and offer subscription service for EVM recommendations.
Data Analyst with Solid Finance Experience
Ashish has over 18 years of experience working with data applications in banking, finance and accounting domains.
After quitting his IT job in 2014 to pursue a career in Financial Markets, he spent the next 6 years in studying businesses, markets, analysing companies & eventually developing quantitative models to generate investment ideas.
It started with the idea of “valuation as a service”. A service which can be used to determine the intrinsic value of a business with multiple valuation methods. Users could input parameter values for the calculation and even track the impact of macro environment on the valuation.
To offer this service, he implemented most of the known valuation models only to be disappointed with the back test results. What use is a valuation if that does generate expected returns? That is when Quantitative Value Investing as a concept intrigued him and EVM was born. QVI attempts to determine the characteristics of companies that generate better than market returns and use those to identify the recommendations.
After quitting his IT job in 2014 to pursue a career in Financial Markets, he spent the next 6 years in studying businesses, markets, analysing companies & eventually developing quantitative models to generate investment ideas.
It started with the idea of “valuation as a service”. A service which can be used to determine the intrinsic value of a business with multiple valuation methods. Users could input parameter values for the calculation and even track the impact of macro environment on the valuation.
To offer this service, he implemented most of the known valuation models only to be disappointed with the back test results. What use is a valuation if that does generate expected returns? That is when Quantitative Value Investing as a concept intrigued him and EVM was born. QVI attempts to determine the characteristics of companies that generate better than market returns and use those to identify the recommendations.
OUR BELIEFS
Process > Intuition
At EquityMidas, we firmly believe in process driven investing. Processes brings consistency. Model driven investment avoids the pitfalls related to human emotions viz. greed and fear. Systematic investing beats timing markets. Our recommendations, hence, are also released in a timely, scheduled manner just once a year.
Investments must be gauged as a collective unit. It is the process that is responsible to add value, not individual stocks.
Investments must be gauged as a collective unit. It is the process that is responsible to add value, not individual stocks.
OUR BELIEFS
Trust Only Data
In God We Trust, Everything Else, We Test!
Whatever recommendations we offer are the outcome of the model which has been thoroughly back-tested with real-life conditions and data availability. This is why we will never deviate from the tested conditions and scenarios to offer any advice.
Whatever recommendations we offer are the outcome of the model which has been thoroughly back-tested with real-life conditions and data availability. This is why we will never deviate from the tested conditions and scenarios to offer any advice.
EVM recommends that profits are taken off the table once a year. This rebalancing keeps the portfolio fresh & crispy!!
OUR BELIEFS
Take Regular Profits
OUR LOGO
Ashish identifies himself with the rook; Straight Nature & Stout Structure!!
EquityMidas will always follow principle of “Responsibility First”, an hallmark of the rook.
EquityMidas will always follow principle of “Responsibility First”, an hallmark of the rook.
The Colours
Green denotes the colour of Money. In early days, currency notes were printed in Green Ink to prevent counterfeiting
and it was relatively high in its resistance to chemical and physical changes.
Gold represents the Midas Touch!