We are a small privately held company duly constituted and established in France dedicated to the production of accurate market and company analysis using advanced mathematical procedures. We have been doing market related analysis for more than 15 years with considerable success (see records and performance). We belong to a very very small group of investors that managed to make a considerable sum of money during the 2000-2002 crash by selling industrial shares in 1999-2000 and buying what turned out to be very depressed shares, gold mining shares.

We are expert in the research, development and implementation of quantitative investment management processes based on econometry, that is mathematics applied to the fields of economy and finance. Although the company is young, we have practical experience including financial consulting and portfolio management. Different research papers in the areas of investments and portfolio management have been included in this web site.

Our models provide what would call an equilibrium price of individual stocks or indices under a given economic situation. We measure the gap between the real and the predicted value of the stock or index, this discrepancy tells about the speculative component in price formation of the examined asset and has a predictive power we can lean on once certain threshold (confidence intervals in statistical terms) have been crossed. At a certain time, the increase in a stock tends to change into a speculative bubble that is an unsustainable increase in prices brought on by investors' buying behaviour rather than by genuine, fundamental information.

Nevertheless when we ponder whether markets can really be understood, we agree with Emanuel Derman in its book " my life as a quant" : reflexions on Physics and Finance : " We are still on a darkling plain. If you are a theorist you must never forget that you are travelling through lawless roads where the local inhabitants don’t respect your principles ". Anyway we think we have an edge and that we will continue to win more than we lose by constantly refining the models we use.

Our services include portfolio audit and wealth management.

Stock Portfolio Econometric Audit (SPEA) is an audit and review of a client’s stock portfolio with the help of advanced mathematical techniques. It is designed to discern changes to be made in components of a client portfolio for a very reasonable price. After examining it we will give you an array of creative possibilities of optimising your investment returns while minimizing holding risks. Practically, the audit of portfolio consist in you sending us the composition of your portfolio with preferably your hypothesis about future profits if you have them (we can provide our own based on reputable analysts), we take these information into our models and then give you advice of how to restructure your portfolio (drop potential losers, larger exposure to promising shares, change in the mix between bonds and shares, exposure to foreign currencies and assets). This procedure is free for prospects, so feel free to email us. 

Another advantage Cfinance2000 in portfolio management is its pricing policy, it is based on hedge funds principles, that is around 1% management and performance fees of 20%. We think that it greatly enhances realized returns after inflation, taxes and fees especially on a long term basis. No fee is due in bad years and there is no temptation to unduly rotate portfolio in order to produce fees.

For many, most financial advisors are simply glorified salesmen. They are the sales and retail arm of their financial firm, tasked with acquiring potential investor assets and making the firm money Most advisors work off of commissions that are generated from the sale of products and a percentage of their client’s assets, usually ranging from 1% to 2% per year whatever the assets future performance. In lots of case, that is not a good deal. That is not the case with us, we are totally independent.