White Papers

GMI Ratings Forensic Alpha ModelTM –  GMI Ratings developed the Forensic Alpha Model (FAM) to help investors predict stock returns using forensic accounting and governance-related measures of issuer risk. The FAM has shown a strong out-of-sample ability to predict equity returns globally, across industries, large-cap and small-cap portfolios.  White Papers are available for the four regions:

Forensic Alpha Model - North America
Forensic Alpha Model –  Western Europe
Forensic Alpha Model –  Asia Pacific
Forensic Alpha Model –  Japan