| name | openclaw-equity-research |
| description | Use when Codex needs to create, review, or update equity research work products such as earnings previews, post-earnings notes, model updates, initiating coverage, sector overviews, catalyst calendars, thesis trackers, idea generation screens, valuation memos, investor briefs, or public-company research that requires filings, transcripts, market data, spreadsheet work, citations, and analyst-review guardrails. |
OpenClaw Equity Research
Operating Rule
Draft analyst work product for human review. Do not present output as investment, legal, tax, accounting, or trading advice. Do not claim a buy/sell/hold recommendation unless the user explicitly asks for a draft recommendation and the assumptions, valuation, risks, and sources support it.
First Pass
- Identify the deliverable type and audience: earnings note, preview, model update, initiation, sector overview, catalyst calendar, thesis tracker, idea screen, or one-off memo.
- Confirm the ticker/company, exchange, coverage universe, geography, currency, date range, and output format if missing.
- Use fresh sources for public-company facts, estimates, prices, filings, calendar events, executives, market data, and news. Browse when the answer depends on current information.
- Prefer primary sources: SEC/company filings, investor relations releases, earnings call transcripts, presentations, exchange notices, and company websites. Use reputable secondary sources only to triangulate or fill gaps.
- Separate fact, calculation, inference, and opinion. Label uncertainty and stale data.
- Produce a concise decision-ready artifact with citations, assumptions, and next checks.
Workflow Selection
- Earnings analysis: read release, presentation, transcript, and filing; compare actuals to consensus or prior guide; isolate beats/misses, guide changes, margin drivers, cash flow, balance sheet, segment trends, and management tone.
- Earnings preview: map consensus, guidance, buyside debate, expected KPIs, risks, and likely stock-moving questions before the print.
- Model update: update actuals, guidance, forecast assumptions, valuation outputs, and sensitivity tables. Use spreadsheet tools for
.xlsx work.
- Initiating coverage: build company profile, industry structure, competitive position, financial history, forecast drivers, valuation, risks, catalysts, and final note/deck.
- Morning note: summarize overnight news, earnings, rating changes, macro/sector moves, and actionable implications.
- Sector overview: define market map, demand/supply drivers, unit economics, regulation, competitive landscape, valuation dispersion, and stock implications.
- Thesis tracker: maintain thesis, evidence, catalysts, counterevidence, kill criteria, conviction, and unresolved questions.
- Catalyst calendar: list dated events, expected impact, source, confidence, and prep needed.
- Idea generation: screen for dislocations, estimate revisions, quality, momentum, valuation gaps, catalysts, short-interest, ownership changes, or variant perception.
For detailed checklists, read references/workflows.md. For quality gates and output patterns, read references/research-standard.md.
Deliverable Standard
Every research output should include:
- Snapshot: company/ticker, date, source freshness, base currency, market data timestamp if used.
- Key takeaways: 3-5 bullets that answer what changed, why it matters, and what to watch.
- Evidence table: metric/event, source, reported value, comparison point, implication.
- Model/valuation assumptions: explicit drivers, ranges, sensitivities, and what would change the conclusion.
- Risks and counterarguments: strongest opposing case, missing data, and near-term failure modes.
- Source list: links or file names for every material claim.
- Human review note: checks needed before external distribution.
Tooling
- Use web search/browsing for current filings, releases, transcripts, market data, calendars, and news.
- Use
spreadsheets when creating or editing financial models, forecast tables, comps, sensitivities, or .xlsx files.
- Use
documents when producing professional .docx notes or redlines.
- Use
presentations when producing an investment committee deck, company overview, or sector deck.
- If a user provides local files, inspect them first and preserve source provenance in the final artifact.
Guardrails
- Do not invent consensus estimates, market prices, valuation multiples, or filing data.
- Do not use a single unsourced chart or article as the basis for a financial conclusion.
- Do not hide assumptions inside prose; put them in a table or bullet list.
- Do not mix currencies, fiscal years, adjusted/non-GAAP metrics, or segment definitions without labeling them.
- Do not externalize or post research without explicit user approval.
