SlideShare a Scribd company logo
1 of 14
Download to read offline
(+ Diligence AI) DARPA PPAML
July 28, 2017
Equity Valuation
(AI Augmented Diligence using BayesDB)
Kripa Rajshekhar
(Metonymy Labs)
With thanks to DARPA and the MIT ProbComp Team
In particular, the MIT team at PPAML’17:
Feras Saad, Christina Curlette, Ulrich
Schaechtle, Veronica Sara Weiner & Vikash
Mansinghka
Traditional accounting misses most of the value in firms
www.metolabs.com
Metonymy Labs: AI augmented diligence (#ADAI) can help
For references and data: http://pages.stern.nyu.edu/~adamodar/
CURRENT
FUTURE?
Valuation today trades the big picture for price benchmarking
Except at some Hedge Funds, Multivariate Normals rule valuation
Source: Prof. Damodaran’s estimate of PE as of January 2017, http://pages.stern.nyu.edu/~adamodar/
But financial metrics are neither Normal nor linearly composable
Source: NYSE data, Analyzed using BayesDB
A more principled way to relate 80+ variables from 1400+ firms?
Source: NYSE data, Analyzed using BayesDB
A reasonable estimate of the joint probability distribution is key
Source: NYSE data, Analyzed using BayesDB
Why? Correlation is not causation, it may not even model relation
Source: NYSE data, Analyzed using BayesDB
Inconvenient Truth: Correlation often misses essential connections
Future: Intuitive and statistically grounded notions of connectedness
2000-02
Dot Com
Bubble Burst
2007-08
The Great
Recession
#ADAI
can help
The stakes are high, S&P 500 Index (1996-2016)
“It was inevitable that meaning would force its way back in”
Jean-Pierre Dupuy
www.metolabs.com
Cause:#ADAI Tweet:@metolabs LinkedIn:kripar

More Related Content

What's hot

What's hot (11)

1 PSUT Big Data Class, introduction
1 PSUT Big Data Class,  introduction1 PSUT Big Data Class,  introduction
1 PSUT Big Data Class, introduction
 
Positive thinking
Positive thinkingPositive thinking
Positive thinking
 
Predictive analysis
Predictive analysisPredictive analysis
Predictive analysis
 
4 Steps to Go Beyond Visualization - Pyramid Analytics
4 Steps to Go Beyond Visualization - Pyramid Analytics4 Steps to Go Beyond Visualization - Pyramid Analytics
4 Steps to Go Beyond Visualization - Pyramid Analytics
 
What is data science ?
What is data science ?What is data science ?
What is data science ?
 
Bigdata a vzdelávanie
Bigdata a vzdelávanieBigdata a vzdelávanie
Bigdata a vzdelávanie
 
10 reasons why you should choose big data hadoop as career in 2018
10 reasons why you should choose big data hadoop as career in 201810 reasons why you should choose big data hadoop as career in 2018
10 reasons why you should choose big data hadoop as career in 2018
 
Data science York_University _2016
Data science York_University _2016Data science York_University _2016
Data science York_University _2016
 
PublicRelay Media Measurement: Turning Media into Intelligence
PublicRelay Media Measurement: Turning Media into IntelligencePublicRelay Media Measurement: Turning Media into Intelligence
PublicRelay Media Measurement: Turning Media into Intelligence
 
What is Data Science? Daniel D Gutierrez
What is Data Science? Daniel D GutierrezWhat is Data Science? Daniel D Gutierrez
What is Data Science? Daniel D Gutierrez
 
Big data Competitions by Komes Chandavimol
Big data Competitions by Komes ChandavimolBig data Competitions by Komes Chandavimol
Big data Competitions by Komes Chandavimol
 

Similar to Equity Valuation (AI Augmented Diligence using BayesDB)

Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...
Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...
Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...
CompTIA
 

Similar to Equity Valuation (AI Augmented Diligence using BayesDB) (20)

From Data Visualization to Role-Specific Data Discovery
From Data Visualization to Role-Specific Data DiscoveryFrom Data Visualization to Role-Specific Data Discovery
From Data Visualization to Role-Specific Data Discovery
 
Model Risk Management for Machine Learning
Model Risk Management for Machine LearningModel Risk Management for Machine Learning
Model Risk Management for Machine Learning
 
Data mining
Data miningData mining
Data mining
 
From Volume to Value - A Guide to Data Engineering
From Volume to Value - A Guide to Data EngineeringFrom Volume to Value - A Guide to Data Engineering
From Volume to Value - A Guide to Data Engineering
 
Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...
Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...
Is Your Staff Big Data Ready? 5 Things to Know About What It Will Take to Suc...
 
Building Smarter, Faster, and Scalable Data-Rich Application
Building Smarter, Faster, and Scalable Data-Rich ApplicationBuilding Smarter, Faster, and Scalable Data-Rich Application
Building Smarter, Faster, and Scalable Data-Rich Application
 
Using metrics to measure data quality
Using metrics to measure data qualityUsing metrics to measure data quality
Using metrics to measure data quality
 
Resume
ResumeResume
Resume
 
The role of People Analytics in recruiting
The role of People Analytics in recruitingThe role of People Analytics in recruiting
The role of People Analytics in recruiting
 
Kaushik resume final
Kaushik resume   finalKaushik resume   final
Kaushik resume final
 
Resume
ResumeResume
Resume
 
Kaushik resume final
Kaushik resume   finalKaushik resume   final
Kaushik resume final
 
How To Activate Employee Engagement Through Digital Transformation
How To Activate Employee Engagement Through Digital TransformationHow To Activate Employee Engagement Through Digital Transformation
How To Activate Employee Engagement Through Digital Transformation
 
Data Mining
Data Mining Data Mining
Data Mining
 
Passing the Baton: Insights on Supply Chain Talent
Passing the Baton: Insights on Supply Chain TalentPassing the Baton: Insights on Supply Chain Talent
Passing the Baton: Insights on Supply Chain Talent
 
Hranalytics goodone
Hranalytics goodoneHranalytics goodone
Hranalytics goodone
 
Data science fin_tech_2016
Data science fin_tech_2016Data science fin_tech_2016
Data science fin_tech_2016
 
FAIR principles and metrics for evaluation
FAIR principles and metrics for evaluationFAIR principles and metrics for evaluation
FAIR principles and metrics for evaluation
 
The HRTech Sector Software HR Analytics Market
The HRTech Sector Software HR Analytics Market The HRTech Sector Software HR Analytics Market
The HRTech Sector Software HR Analytics Market
 
Towards research data knowledge graphs
Towards research data knowledge graphsTowards research data knowledge graphs
Towards research data knowledge graphs
 

More from Kripa (कृपा) Rajshekhar

ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
Kripa (कृपा) Rajshekhar
 
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
Kripa (कृपा) Rajshekhar
 
Work towards a quantitative model of risk in patent litigation
Work towards a quantitative model of risk in patent litigationWork towards a quantitative model of risk in patent litigation
Work towards a quantitative model of risk in patent litigation
Kripa (कृपा) Rajshekhar
 

More from Kripa (कृपा) Rajshekhar (12)

Metolabs 3Wai offerings
Metolabs 3Wai offeringsMetolabs 3Wai offerings
Metolabs 3Wai offerings
 
Capital Advisory and Probabilistic Computing (Front-run disruption)
Capital Advisory and Probabilistic Computing (Front-run disruption)Capital Advisory and Probabilistic Computing (Front-run disruption)
Capital Advisory and Probabilistic Computing (Front-run disruption)
 
Things that make you go $mmm ...
Things that make you go $mmm ...Things that make you go $mmm ...
Things that make you go $mmm ...
 
AAAI 2016 - A Visual Semantic Framework For Innovation Analytics
AAAI 2016 - A Visual Semantic Framework For Innovation AnalyticsAAAI 2016 - A Visual Semantic Framework For Innovation Analytics
AAAI 2016 - A Visual Semantic Framework For Innovation Analytics
 
Metonymy Labs ICAIL-ASAIL-Workshop (June16, 2017)
Metonymy Labs ICAIL-ASAIL-Workshop (June16, 2017)Metonymy Labs ICAIL-ASAIL-Workshop (June16, 2017)
Metonymy Labs ICAIL-ASAIL-Workshop (June16, 2017)
 
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
 
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
ANALYTICS OF PATENT CASE RULINGS: EMPIRICAL EVALUATION OF MODELS FOR LEGAL RE...
 
AI and Diligence
AI and DiligenceAI and Diligence
AI and Diligence
 
Mined Semantic Analysis - Published Patent Application
Mined Semantic Analysis - Published Patent ApplicationMined Semantic Analysis - Published Patent Application
Mined Semantic Analysis - Published Patent Application
 
Work towards a quantitative model of risk in patent litigation
Work towards a quantitative model of risk in patent litigationWork towards a quantitative model of risk in patent litigation
Work towards a quantitative model of risk in patent litigation
 
RPI Retinal Testbed
RPI Retinal TestbedRPI Retinal Testbed
RPI Retinal Testbed
 
Tech M&A Update 2013
Tech M&A Update 2013Tech M&A Update 2013
Tech M&A Update 2013
 

Recently uploaded

Economics Presentation-2.pdf xxjshshsjsjsjwjw
Economics Presentation-2.pdf xxjshshsjsjsjwjwEconomics Presentation-2.pdf xxjshshsjsjsjwjw
Economics Presentation-2.pdf xxjshshsjsjsjwjw
mordockmatt25
 
abortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammam
abortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammamabortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammam
abortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammam
samsungultra782445
 
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
Health
 
QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.
QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.
QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.
hyt3577
 
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
Health
 
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadhabortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
samsungultra782445
 
Law of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
Law of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnLaw of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
Law of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
TintoTom3
 

Recently uploaded (20)

劳伦森大学毕业证
劳伦森大学毕业证劳伦森大学毕业证
劳伦森大学毕业证
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech Belgium
 
Strategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationStrategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate Presentation
 
Economics Presentation-2.pdf xxjshshsjsjsjwjw
Economics Presentation-2.pdf xxjshshsjsjsjwjwEconomics Presentation-2.pdf xxjshshsjsjsjwjw
Economics Presentation-2.pdf xxjshshsjsjsjwjw
 
abortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammam
abortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammamabortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammam
abortion pills in Riyadh Saudi Arabia (+919707899604)cytotec pills in dammam
 
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
+971565801893>>SAFE ORIGINAL ABORTION PILLS FOR SALE IN DUBAI,RAK CITY,ABUDHA...
 
Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...
 
uk-no 1 kala ilam expert specialist in uk and qatar kala ilam expert speciali...
uk-no 1 kala ilam expert specialist in uk and qatar kala ilam expert speciali...uk-no 1 kala ilam expert specialist in uk and qatar kala ilam expert speciali...
uk-no 1 kala ilam expert specialist in uk and qatar kala ilam expert speciali...
 
QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.
QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.
QATAR Pills for Abortion -+971*55*85*39*980-in Dubai. Abu Dhabi.
 
7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options
 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
+97470301568>>buy weed in qatar,buy thc oil in qatar doha>>buy cannabis oil i...
 
Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...
Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...
Female Escorts Service in Hyderabad Starting with 5000/- for Savita Escorts S...
 
Pension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdfPension dashboards forum 1 May 2024 (1).pdf
Pension dashboards forum 1 May 2024 (1).pdf
 
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadhabortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
abortion pills in Jeddah Saudi Arabia (+919707899604)cytotec pills in Riyadh
 
Test bank for advanced assessment interpreting findings and formulating diffe...
Test bank for advanced assessment interpreting findings and formulating diffe...Test bank for advanced assessment interpreting findings and formulating diffe...
Test bank for advanced assessment interpreting findings and formulating diffe...
 
Law of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
Law of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnLaw of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
Law of Demand.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
 
W.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdfW.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdf
 
Famous Kala Jadu, Kala ilam specialist in USA and Bangali Amil baba in Saudi ...
Famous Kala Jadu, Kala ilam specialist in USA and Bangali Amil baba in Saudi ...Famous Kala Jadu, Kala ilam specialist in USA and Bangali Amil baba in Saudi ...
Famous Kala Jadu, Kala ilam specialist in USA and Bangali Amil baba in Saudi ...
 

Equity Valuation (AI Augmented Diligence using BayesDB)