Is Daiwa Capital a reliable analyst?

In short — Over 1 year, 62% of Daiwa Capital's targets proved profitable, for an average gain of +35.0% per call (all calls, winners and losers) — i.e. +19.3% vs its sector, across 50 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.

62%profitable calls

+35.0%avg gain / call

+19.3%vs sector

50scored calls

In which sectors is Daiwa Capital reliable?

Sector

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ Industry

90%

+50.6%

+55.2%

+5.7% (2)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
HON	▲ Outperform	Jun 30, 26	Jun 30, 27	$221.75	🎯$255	$225.05	+15%	+1% so far
ETN	▲ Outperform	Sep 11, 25	Sep 11, 26	$360.08	🎯$390	$395.68	+8%	+10% so far
GEV	▲ Buy	Oct 30, 24	Oct 30, 25	$301.66	🎯$336	$585.22	+11%	+94%
GEV	▲ Outperform	Jun 21, 24	Jun 21, 25	$175.73	🎯$201.5	$499.07	+15%	+184.5%
ROK	▲ Buy	Feb 1, 24	Jan 31, 25	$263.01	🎯$310	$278.79	+18%	+5.9%
UBER	▲ Outperform	Jun 28, 23	Jun 27, 24	$44.24	🎯$51	$70.34	+15%	+59%
UBER	▲ Buy	Mar 12, 21	Mar 12, 22	$60.35	—	$29.57	—	-51.5%
ROK	▲ Outperform	Sep 24, 20	Sep 24, 21	$217.37	—	$302.14	—	+39.2%

Sample (6 recent finished + 2 in progress) of 10 calls.

▸ Tech

78.6%

+47.6%

+49.9%

+25.9% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
AMD	▲ Outperform	May 13, 26	May 13, 27	$449.7	🎯$500	$516.11	+11%	+15% so far
QCOM	▲ Outperform	May 8, 26	May 8, 27	$237.53	🎯$225	$182.97	-5%	-23% so far
DDOG	▲ Buy	Jan 27, 26	Jan 27, 27	$138.21	🎯$190	$256.81	+37%	+86% so far
AMD	▲ Outperform	Feb 14, 25	Feb 14, 26	$113.1	🎯$130	$203.58	+15%	+79.6%
AAPL	▲ Outperform	Dec 18, 24	Dec 18, 25	$248.05	🎯$275	$272.86	+11%	+9.7%
APP	▲ Outperform	Nov 8, 24	Nov 8, 25	$290.01	🎯$280	$652.52	-3%	+124.6%
DELL	▲ Outperform	Sep 19, 23	Sep 18, 24	$69.9	🎯$80	$116.03	+14%	+65.9%
QCOM	▲ Outperform	Aug 9, 23	Aug 8, 24	$116.57	🎯$125	$165.53	+7%	+41.5%

Sample (5 recent finished + 3 in progress) of 14 calls.

▸ Finance

62.5%

+39.8%

-6.4% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MCO	▲ Outperform	Jan 13, 26	Jan 13, 27	$534.9	🎯$590	$500.49	+10%	-6% so far
PYPL	▲ Outperform	Aug 9, 24	Aug 9, 25	$64.72	🎯$72	$67.31	+11%	+3.7%
GS	▲ Outperform	Mar 14, 24	Mar 14, 25	$388.61	🎯$430	$540.17	+11%	+39.3%
JPM	▲ Buy	Dec 18, 23	Dec 17, 24	$168.45	—	$230.78	—	+36.8%
COIN	▲ Buy	May 8, 23	May 7, 24	$60.21	🎯$65	$211.34	+8%	+250.8%
COIN	▲ Buy	Sep 9, 22	Sep 9, 23	$80.87	🎯$100	$80.87	+24%	-0.3%
MA	▲ Outperform	May 18, 21	May 18, 22	$363.07	🎯$402	$337.66	+11%	-7.5%
V	▲ Outperform	May 18, 21	May 18, 22	$225.57	🎯$259	$200.76	+15%	-11.3%

The stocks Daiwa Capital covers (track record per stock)

Stock

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ TSLA Tesla, Inc.

40%

+62.5%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
TSLA	▲ Outperform	Mar 3, 23	Mar 2, 24	$197.79	🎯$218	$187.9	+10%	-4.9%
TSLA	▲ Outperform	Dec 20, 22	Dec 20, 23	$137.8	🎯$177	$246.66	+28%	+79.4%
TSLA	▲ Outperform	May 24, 22	May 24, 23	$209.39	🎯$800	$182.17	+282%	-12.6%
TSLA	▲ Outperform	Feb 25, 22	Feb 25, 23	$269.96	🎯$900	$207.87	+233%	-23.1%
TSLA	▲ Outperform	May 29, 20	May 29, 21	$55.67	🎯$910	$208.21	+1535%	+273.6%

▸ AAPL Apple Inc.

100%

+59.2%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
AAPL	▲ Outperform	Dec 18, 24	Dec 18, 25	$248.05	🎯$275	$272.86	+11%	+9.7%
AAPL	▲ Outperform	May 6, 20	May 6, 21	$75.16	🎯$320	$130.03	+326%	+72.6%
AAPL	▲ Outperform	Apr 23, 20	Apr 23, 21	$68.76	🎯$74.25	$134.08	+8%	+95.4%

▸ UBER Uber

66.7%

+13.5%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
UBER	▲ Outperform	Jun 28, 23	Jun 27, 24	$44.24	🎯$51	$70.34	+15%	+59%
UBER	▲ Buy	Mar 12, 21	Mar 12, 22	$60.35	—	$29.57	—	-51.5%
UBER	▲ Outperform	Aug 21, 20	Aug 21, 21	$30.83	🎯$34	$41	+10%	+33%

▸ DIS Walt Disney Company (The)

-23.6%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
DIS	▲ Buy	Apr 1, 24	Apr 1, 25	$121.53	🎯$133	$97.22	+9%	-19.6%
DIS	▲ Buy	May 24, 22	May 24, 23	$101.59	🎯$151	$89.4	+49%	-12.3%
DIS	▲ Buy	Sep 21, 21	Sep 21, 22	$171.17	🎯$225	$104.41	+31%	-39%

% profitable = share of its calls that made money (1 year). Avg gain / call = average absolute gain per call (winners and losers). Point-in-time, S&P 500 backtest.