alpha score
A clearer measure
of insider conviction.
Alpha Score transforms complex insider activity into a single, comparable score powered by five dimensions of conviction, context, and consistency. Built from public filings and rules-based methodology.
METHODOLOGY
The five Alpha Score components
Alpha Score evaluates insider activity across five distinct dimensions. Each component contributes to a weighted methodology designed to measure signal quality rather than headline size.
Opportunism
Weight: 20%
Measures whether purchases occur during periods of unusual pessimism, uncertainty, or dislocation.
Conviction
Weight: 25%
Evaluates the relative size and commitment behind insider purchases and ownership increases.
Pattern
Weight: 20%
Analyzes historical behavior patterns across multiple filings and reporting periods.
Cluster
Weight: 20%
Measures alignment between multiple insiders purchasing within similar timeframes.
Track Record
Weight: 15%
Considers long-term historical effectiveness and consistency of insider activity.
How It Works
Built on public filings. Refined through methodology.
Every Alpha Score begins with publicly available disclosure data. We standardize filings, evaluate them across five dimensions, and generate a consistent score designed to help compare insider activity across companies and executives.
