About
Stock research with its methods in public.
Tenet runs published value playbooks nightly across US stocks. Every number carries the date it was computed and the rule it met. Built in Toronto.
Who runs it
Sid Verma
Founder · Data scientist, Toronto
I have spent more than ten years in data science, building production machine learning at a US bank, a health insurer and a large retailer: fraud detection, anomaly detection and experiment measurement. I am currently a lead data scientist at a US-based product and consulting startup, and hold a master’s in business analytics from the University of Minnesota.
I built Tenet because I have a keen interest in research-driven investing, the math and the signals behind it, and believe retail investors deserve the same quality of research as professionals, at a price that is fair to them.
I am not a licensed financial adviser and Tenet gives no personal advice.
What Tenet is, and is not
Tenet is research and education; it gives no buy, sell or hold signal and no personalized recommendation.
It is
- Published value playbooks, run nightly across US stocks, listing every name that passes with the numbers that got it there.
- A Tenet Score on every stock, with a report that shows the math behind it.
- ETF, compare, screener and portfolio tools that each show the figures they used.
It is not
- A buy, sell or hold signal on any security.
- Personalized advice, or a recommendation shaped to your situation.
- A judgment about a particular company made by a person at Tenet.
How the numbers are made
Prices and fundamentals come from licensed market-data vendors, credited by name in the footer at the bottom of this page. Analytics and the Tenet Score are computed by Tenet from that data.
The method is version-controlled
Every formula, threshold and screen rule lives in version control, and a change is committed and timestamped before it can affect a published number.
The recompute is unattended
The nightly job that applies those rules runs on a schedule, with no one selecting outcomes between the data and the page.
Every figure is dated
A number on a report carries the date it was reported or computed, so a reader can tell a fresh figure from a stale one without asking.
No per-name human discretion
Scores and screen membership are computed by a systematic model from published criteria. Names leave publication through mechanical evidence and hygiene rules that apply identically to every security, never through a judgment about a particular company.
The formulas, the exact screen criteria and the ledger’s anti-bias rules are written out in the methodology, and the conflicts regime in independence and conflicts.
Who writes the words
I write the product, the methodology and the reports. The sentence beside a number is written by the person who wrote the rule that produced it.
Errors go to support@tenetinvesting.com. A correction is made on the page that carried the error, and the correction is dated there.
Arushi Midha
Writer, investor education
Arushi Midha writes Tenet’s investor education library. She is a licensed chartered accountant working as a senior auditor in Toronto with more than six years of audit experience at Big Five firms.
Arushi on LinkedInHow Tenet makes money, and stays independent
- Subscriptions
- Subscriptions are how Tenet is paid today.
- Advertising
- Advertising on the free tier is planned; when it runs it will be labelled, and no advertiser will be a company Tenet covers or an issuer of any security on the site.
- No issuer payments
- Tenet takes no payment from any company, fund, issuer or their agents, for coverage, for inclusion in a screen, for ranking, for placement, or for a favourable reading.
- No compensation tied to coverage
- No one at Tenet is compensated, by anyone, on the basis of which securities are covered or how a security scores.
- Founder holdings
- The founder-holdings rule, the no-issuer-payments rule and the no-compensation rule are stated in full under independence and conflicts.
The company, and how to reach it
Tenet is operated by Tenet Investing Inc., from Toronto, Ontario. Write to us about the company, the terms, privacy, or anything on this page.
Address
2967 Dundas St. W. #2005, Toronto, ON M6P 1Z2
- hello@tenetinvesting.com for the company, the terms or privacy
- support@tenetinvesting.com for help with the product, and for corrections
Documents
The Terms of Service, the Privacy Policy and the accessibility statement say what Tenet owes you and what it collects.
What to do next
- Open the receipt behind the Microsoft score and read every rule it met, and every rule it missed, with the figure beside each one.
- Read the methodology for the formulas, the screen criteria and the rules that decide when a name leaves a list.
- Report an error in a number and it is corrected on the page that carried it, with the correction dated there.