signal

TCRI Watchdog (WD) converts complex news and announcements into standardized quantitative alternative data. Building on our research into "Official Announcements (Source P)" and "Media News (Source N)," we have confirmed that disclosure channels directly dictate the speed and structure of market digestion. This chapter moves from macro "Event Categories" to micro "Source × Sub-category" dimensions to capture actionable Alpha within granular events. Focusing on high-sensitivity "Corporate Control Events," we analyze the signal heterogeneity between Source P and Source N. We further demonstrate how these high-precision signals assist investors in optimizing entry timing and hedging strategies.

TCRI Watchdog (WD) is a structured event-intensity dataset covering all publicly listed and OTC companies in Taiwan. Built on TEJ’s long-standing credit research framework, TCRI WD transforms corporate disclosures, regulatory announcements, and major media coverage into standardized event scores ranging from –3 to +3.