Like the title says…
I run a live model using this data and it seems it updates daily, however the P123 status page says the last update was the previous Sunday, so which one is it?
I have more or less the same question:
Is the best day to rebalance a strategy to have 1) final and 2) complete data, monday morning after 3am?
… Or it doesn’t matter with Factset and all the data is updated equally during the week? It wasn’t the case with S&P Global before.
It’s updated daily.
Price and fundamental data are updated daily but earnings estimate just the week end right?
It is important it keep in mind that ‘EPS estimates’ and ‘EPS revisions’ are different things. Or as someone trying to learn programming, I think I will give them different keys in my Python dictionary (any programming tips on this welcome).
I believe it is only the EPS revisions–called ‘Estimate Revision Data’ in the system status–that are not updated daily for live ports (weekly for this). Just as Yuval says. There could be some fine-points or exceptions (that I am not aware of) that Yuval may be able to point out but I think lumping these 2 terms together can be a source of confusion for many. That and the fact that both EPS estimates and EPS revisions are weekly for sims.
Jim is correct. The only data that is updated only weekly is a specific group of EPS estimate revisions, namely these:
CurQDnRevLastWk
CurQUpRevLastWk
CurQDnRev4WkAgo
CurQUpRev4WkAgo
CurFYDnRevLastWk
CurFYUpRevLastWk
CurFYDnRev4WkAgo
CurFYUpRev4WkAgo
NextQDnRevLastWk
NextQUpRevLastWk
NextQDnRev4WkAgo
NextQUpRev4WkAgo
NextFYDnRevLastWk
NextFYUpRevLastWk
NextFYDnRev4WkAgo
NextFYUpRev4WkAgo
TotRevisionsLastWk
TotRevisions4Wk
Everything else is updated daily.
Ah I think I get it, so the actual eps & sales consensus numbers are updated daily, but the number of revisions is weekly?
Since this isn’t an uncommon question, it would be nice if the documentation included the update frequencies. And while you’re at it, please start adding period restrictions to the function docs - especially for those don’t support values up to #Year.
It does. For all functions that are not updated daily, it’s very clear in the documentation that that’s the case. See attached screenshots.
If you find any exceptions, let me know and I’ll fix them.
So if a factor doesn’t say updated weekly, we can assume that it’s daily? So ConsRec is updated daily.
Exactly. Unless you’re backtesting, in which case only price and volume are updated daily.