For beginners
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PaRRVA-verified performance
The Past Risk and Return Verification Agency (PaRRVA) checks a research analyst's published recommendations and works out their risk and return. Care Ratings runs it, with NSE as its data centre.
What you see
On an analyst's page, in Compare and on directory cards you see, for each service the analyst had verified:
- every PaRRVA metric we display, always in the same order for every analyst, with a dash where no figure was supplied;
- the PaRRVA reference and the date of the verification;
- a link and a QR code to the PaRRVA summary, so you can check the figures at the source;
- the two disclaimers SEBI requires.
A dash means no figure was supplied from the PaRRVA summary. The summary itself is the authority.
The two disclaimers
- Past performance is not indicative of future results.
- PaRRVA verified returns in no way guarantees any assured returns in future.
When nothing is shown
If an analyst has not had their figures verified, or the verification is more than twelve months old, we show no performance at all. That says nothing good or bad about them.
The PaRRVA-verified filter
In the directory's More filters, PaRRVA-verified shows only analysts with figures to show. It is a filter, not a ranking: the list keeps its fair shuffle.