# Welcome to Countercyclical Countercyclical is the definitive investment research and valuation platform built for financial analysts, teams, and organizations looking to discover hidden value in the capital markets. ***

## Getting Started Getting started with Countercyclical is easy, and our docs have everything you need to get up and running on our platform. {% hint style="info" %} If you need any help or can't seem to find something, please reach out to us at and we'd be more than happy to help! {% endhint %} # Terminology Some useful Countercyclical-related terminology as you're using the platform.

### Users A user is anyone with an active account on Countercyclical. ### Members A member is a user that's part of a workspace. Most often, these are users with member (default), admin, or guest permissions. {% hint style="info" %} Please see [Permissions](/fundamentals/settings/workspace/permissions) for more information on this. {% endhint %} ### Workspaces A workspace is where all of your investments, valuations, and teams live. A user can have multiple workspaces. ### Investments An investment is any searchable asset on Countercyclical. These mostly include traditional equity and debt issuances for publicly-traded companies. ### Collaborators A collaborator is a workspace member that's been invited to an investment. ### Valuations A valuation is a collaborative document that members create within an investment. These are often created based on some form of scenario analysis (Base case, grey sky, blue sky, etc.), but can be used in whatever manner the workspace members would like. ### Teams A team is a group of members within a workspace. Teams are most often used for giving visibility to a lot of investments (and valuations) at once along with leveraging assumptions. ### Assumptions Assumptions are saved inputs (growth rate, terminal rate, terminal period, and discount rate) that are used when generating valuations. ### Templates Templates are reusable settings that a user, team, or entire workspace can leverage when creating new investments and valuations. These settings include certain invitations, valuations to create with each new investment based on scenario, etc. ### Memos Memos are documents members can craft to share insights and findings with other stakeholders both inside a workspace or out. # Platforms Countercyclical is available on a variety of different browsers and operating systems.

Countercyclical · Desktop Application (macOS)

## Web Browsers Countercyclical is accessible via all major modern web browsers. This ensures you can perform your investment research and valuation tasks efficiently without worrying about browser compatibility. Here are just a handful of major browsers that we support: * **Google Chrome** * **Mozilla Firefox** * **Microsoft Edge** * **Apple Safari** * **Opera** * **Brave** * **Arc** We continuously test our platform on these browsers to ensure optimal performance and security. ### Browser Extension {% hint style="info" %} Our browser extension will be released soon! {% endhint %} ## Desktop {% hint style="info" %} You can visit to download our desktop application for free. {% endhint %} For users who prefer a dedicated application, our platform is available as a desktop application for both macOS and Windows. These desktop versions offer ease of access and some offline capabilities. ### macOS * Supported Versions: macOS 10.14 Mojave and later * Features: Full integration with macOS services, optimized for performance, enhanced security features. ### Windows * Supported Versions: Windows 10 and later * Features: Seamless integration with Windows services, optimized for performance, robust security features. ## Coming Soon: Mobile (iOS & Android) Understanding the need for on-the-go access, we are actively developing mobile applications for iOS and Android. These apps will provide the same robust features as the desktop and web versions, ensuring you can conduct your investment research and valuations anytime, anywhere. ### **iOS** * Compatible with: iOS 13 and later * Features: Intuitive user interface, push notifications, offline access. ### **Android** * Compatible with: Android 8.0 Oreo and later * Features: User-friendly interface, push notifications, offline access. #### Availability Stay tuned for the official release date, which will be announced sometime in the not too distant future. In the meantime, you can continue to use our platform via web browsers and desktop applications to manage your investment research and valuation needs. ## Support If you encounter any issues or have any questions regarding the supported platforms, our dedicated support team is here to help. Please contact us at . # Creating an Account Get up and running on Countercyclical by creating your account below.

## Registration * Email and Password * Google * Microsoft * SSO (Enterprise Plans Only) ## Theme You can select from two main themes when using Countercyclical: * Light Mode * Dark Mode * System Settings ## Workspace Workspaces are where members work on investments and valuations. You can think of them as the house where all of your work within Countercyclical lives. There are two basic types of workspaces that are in Countercyclical; Personal and Organization. Both of the types are broken down below. ### Personal Workspace A Personal Workspace is a type of workspace meant for a single, or select few, person(s) to work and collaborate on investments. ### Organization Workspace An Organization is a type of workspace meant for teams and entire companies to come together to collaborate on investments & valuations. {% hint style="warning" %} While a Personal Workspace can always become an Organization, an Organization becomes read-only if a Pro subscription or Enterprise agreement is not renewed at the end of a billing cycle (thus resulting a downgrade) Please contact us at if you have any questions or concerns {% endhint %} ## Account Verification Account verification occurs when the verification email sent during sign up is approved ## Plans Countercyclical supports a few different plans: * Free * Pro - Monthly Plan * Pro - Annual Plan (Best Value) * Education * Enterprise {% hint style="info" %} To learn more about the features available in each plan, please visit [countercyclical.io/pricing](https://countercyclical.io/pricing) {% endhint %} ## Inviting Members Based on the plan you choose, members can join your workspace to collaborate effectively in real-time. # Creating or Joining a Workspace Create more than one workspace within your account. {% hint style="info" %} Creating multiple workspaces on a single account is only available for Pro and Enterprise plans. However, a user with a Free plan can join more than one workspace if they are invited. Learn more at {% endhint %} ## Create a Workspace

Workspaces -> Join or Create a Workspace (Create)

## Join a Workspace

Workspaces -> Join or Create a Workspace (Join)

# Creating an Investment Discover business value in a bottom-up manner.

# Creating a Valuation Establish a solidified foundation for informed investment decisions with Valuations on Countercyclical.

Investment -> Valuations (Create Valuation)

Valuations always reside within Investments, and users can create Valuations by visiting the Valuations tab within each investment. # Creating a Team Create teams to group users and their visibility on investments, valuations, and more.

# Integrations Learn about all of our built-in integrations on Countercyclical! ### Supported Integrations Please navigate to the next page, or click on the dropdown on the left-hand side of the documentation to view all of our active integrations. ### FAQ

Are you taking integration requests?

Absolutely! Send us an email at with what integrations you'd like to see us build!

# Airbyte Leverage our official Airbyte connector to manage all of your data transfer needs.

Countercyclical easily integrates with [**Airbyte**](https://airbyte.com), the popular & open-source "Extract, Load, Transform" (ELT) platform. By leveraging this integration, users can sync critical financial insights from Countercyclical into various destinations such as [Snowflake](https://www.snowflake.com/), Postgres, and [Google BigQuery](https://cloud.google.com/bigquery) via Airbyte’s [extensive connector ecosystem](https://airbyte.com/connectors), enabling enhanced data analysis, storage, and automation on your most mission-critical research. {% hint style="info" %} You can learn more about using our official Airbyte connector by visiting {% endhint %} ## What is Airbyte? > [**Airbyte**](https://airbyte.com) is the modern open-source ELT standard that replicates data from the long tail of APIs, databases & files to data warehouses, lakes and other destinations. Airbyte Cloud disrupts the ELT market with its transparent volume-based pricing and open-source extensibility. ([Source](https://airbyte.com/company/press)) ### Sources vs. Destinations {% hint style="info" %} You can learn more about sources vs. destinations by visiting [Airbyte's docs](https://docs.airbyte.com/using-airbyte/core-concepts/) {% endhint %} In our integration, Countercyclical functions as a **source**. Airbyte users can extract key insights from Countercyclical and stream them into a destination of their choice. This enables investment professionals to centralize their data management, perform in-depth analyses, and integrate Countercyclical data with other systems like data warehouses, third-party business intelligence (BI) tools, and custom reporting platforms. {% hint style="info" %} If you're interested in us building out Countercyclical as a destination in our Airbyte connector, please send us an email at [**feedback@countercyclical.io**](mailto:feedback@countercyclical.io) {% endhint %} ### Supported Streams This integration supports the following three key resources from Countercyclical, which can be used as **streams** within Airbyte: 1. [Investments](/fundamentals/investments) 2. [Valuations (Legacy)](/fundamentals/valuations-legacy) 3. [Memos](/fundamentals/memos) These streams allow users to pull essential data from Countercyclical and load it into Airbyte-compatible destinations, ensuring that investment research and insights are efficiently managed across all of your platforms. #### 1. Investments Stream The **Investments** stream pulls all of your Investments within your Countercyclical workspace. This data is vital for tracking investment research over time and performing financial analyses. By syncing this stream to Airbyte, users can keep their investment data continuously updated in external systems like data warehouses or portfolio monitoring & management platforms. #### 2. Valuations Stream The **Valuations** stream extracts all valuation data associated with specific investments. This includes: * Current valuation assessments * Historical valuations * Financial models * Underlying assumptions and key metrics (e.g., revenue, free-cash-flow to firm, discount rates) * Projections of future investment performance The Valuations stream is particularly useful for syncing to analytical systems, allowing investment professionals to continuously monitor the changing value of their portfolios. #### 3. Memos Stream The **Memos** stream pulls qualitative insights and research from Countercyclical's Memo feature. Memos are typically used by investment professionals to document: * In-depth research on companies or investments * Market analysis * Valuation rationale * Investment strategies and decisions * Notes on meetings or communications with companies This stream enables users to consolidate research notes into knowledge management systems or other databases for ease of access. ## How to Integrate with Airbyte {% hint style="info" %} Integrating with Airbyte requires generating an API key in your Countercyclical workspace. API keys limit resource visibility based on: 1. The user who created the key, and 2. the workspace the key's generated in. For the greatest visibility across all of your workspaces resources, it's recommended that a Workspace Admin or Owner generates the API key and implements the integration. Click on the following links to learn more about [generating an API key](/developers/getting-started) and Countercyclical's [workspace permissions](/fundamentals/settings/workspace/permissions). {% endhint %} ### Prerequisites To integrate Countercyclical as a source in Airbyte, you will need: * A Countercyclical account with the ability to generate an API key. * An **Airbyte** instance (cloud or self-hosted). * Access to the relevant **Investments**, **Valuations**, and **Memos** resources in your Countercyclical workspace. ### Steps for Integrating 1. **Install Airbyte**: Ensure that you have a running Airbyte instance. You can choose between Airbyte Cloud or self-hosting via Docker or Kubernetes. 2. **Connect Countercyclical as a Source**: * Go to your Airbyte dashboard and select **Add New Source**. * Choose **Countercyclical** from the list of available source connectors. * Enter the required credentials (e.g., API key) from your Countercyclical account to authenticate the connection. 3. **Select Resources (Streams)**: * Once connected, select the streams you wish to sync: **Investments**, **Valuations**, or **Memos**. * Configure the sync schedule (manual, hourly, daily, etc.). 4. **Choose Destination**: * Select your desired destination, such as a data warehouse (Snowflake, BigQuery), a data lake (AWS S3), or any other Airbyte-compatible system. 5. **Run Sync**: Initiate the sync process to start pulling Countercyclical data into your chosen destination. Airbyte will automatically handle future syncs based on your schedule. ### Managing Data Syncs With Airbyte, you can monitor the sync status and logs directly from the Airbyte dashboard, ensuring that your Countercyclical data streams are up-to-date and any errors are addressed promptly. Sync frequency can be adjusted as per your requirements. ## Use Cases Our Airbyte connector opens up various possibilities for institutional investors and data teams: ### **Data Centralization** Sync your Investment and Valuation data from Countercyclical into a central data warehouse to combine it with your data from other platforms. ### **Advanced Analytics** Push Valuation data into preexisting, external BI tools for custom reporting, financial forecasting, and real-time insights. ### **Automated Reporting** Use Memos in conjunction with Investments and Valuations to create automated reports that highlight key findings and financial trends. ### **Portfolio Monitoring** Sync Countercyclical's investment research data into your external systems to track real-time portfolio health and performance metrics. ### **Research & Collaboration** Sync Memos to a collaboration platform or knowledge management tool to facilitate team collaboration and historical research reference. The integration of Countercyclical with Airbyte allows investment professionals and financial analysts to effortlessly extract critical data streams from Countercyclical's investment research and valuation platform and sync them to a variety of destinations. By utilizing Airbyte's open-source ETL capabilities, users can streamline their workflows, automate data syncing, and gain richer insights from their Countercyclical data across different systems. {% hint style="info" %} Have any questions? Feel free to send us a message at [**support@countercyclical.io**](mailto:support@countercyclical.io) {% endhint %} # Integrately {% hint style="info" %} This page is currently being worked on, please check back later! {% endhint %} # Box Search & sync your Box files directly in Countercyclical

{% hint style="info" %} You can learn more about this integration by visiting [Connected Accounts](/fundamentals/settings/account/general/connected-accounts) {% endhint %} # Gmail Sync your Gmail & Google Calendar in a single connection to Countercyclical # Google Drive Search & sync your Google Drive files and folders directly in Countercyclical

{% hint style="info" %} You can learn more about this integration by visiting [Connected Accounts](/fundamentals/settings/account/general/connected-accounts) {% endhint %} # Microsoft Outlook 365 Sync your Microsoft Outlook 365 Mail & Calendar in a single connection to Countercyclical # Make Leverage our official Make integration to manage your Investments on Countercyclical. {% hint style="warning" %} This integration is in progress, check back soon! {% endhint %} Countercyclical offers a seamless integration with [**Make**](https://www.make.com/), allowing users to automate their research-related workflows. Through this integration, users can create custom "triggers" and "actions" based on the [Investments](/fundamentals/investments) within their workspace. This powerful feature enables users to streamline their due diligence processes, saving time and reducing the risk of manual errors by automating critical yet often rote tasks. ## What is Make? [**Make**](https://make.com) is a no-code platform that allows users to automate workflows by connecting different apps and services. It enables users to design workflows (called “scenarios”) using triggers and actions across various platforms. With Make, users can automate repetitive tasks, integrate with multiple tools, and build advanced workflows without needing to write code. With Countercyclical's integration with Make, users can create custom workflows to automate actions related to their Investments. Our API allows you to set up triggers (e.g., when a new Investment is created) and actions (e.g., create a new Investment in your workspace) based on specific events or conditions. ### **Key Features of the Integration:** * **Custom Triggers**: Automatically trigger workflows in Make whenever key events occur in your workspace, such as: * A new Investment is created. * An Investment reaches a specified status (e.g., completed, closed). * **Custom Actions**: Initiate actions in Countercyclical based on a workflow triggered in Make, such as: * Creating an Investment in Countercyclical based on data from Make. * Updating an existing Investment record with information passed from a Make scenario. ## Setting Up the Integration To begin using the Make integration, follow these steps: ### **Step 1: Create an API Key** 1. Log in to your [**Countercyclical**](https://dashboard.countercyclical.io/login) account. 2. Navigate to **Settings** in the main menu. 3. Under the **Integrations** tab, find the **Make** section. 4. Click on Connect button. 5. Once the dialog appears, click on the **Generate API Key** button. * This API key will be used to connect Countercyclical with Make. ### **Step 2: Connect to Make** 1. Go to [Make](https://www.make.com/) and log into your account. 2. In Make, create a new scenario by clicking **Create New Scenario**. 3. Select Countercyclical from the list of available apps in Make. 4. When prompted, input the API Key you created in Step 1 to authenticate your connection to Countercyclical. ### **Step 3: Build Custom Triggers and Actions** Once the connection is established, you can begin creating scenarios that leverage Countercyclical’s API. * **Creating a Trigger**: 1. In Make, select **Create New Trigger**. 2. Choose one of Countercyclical's trigger events, such as “Investment Created.” 3. Specify the conditions that should activate the trigger (e.g., all new Investments or only those within a specific workspace). 4. Map the data fields from Countercyclical to the desired fields in Make. * **Creating an Action**: 1. In your Make workflow, add an action step. 2. Select an action supported by Countercyclical (e.g., “Create Investment”). 3. Configure the necessary fields to create a new Investment based on inputs from Make (e.g., investment name, ticker symbol, amount). 4. When the Make scenario runs, it will automatically create an Investment in your Countercyclical workspace. ## Example Scenarios Here are a few examples of how you can leverage the Make integration with Countercyclical: * **Example 1: Create Investment Upon Form Submission** * Use a form tool (e.g., Typeform) as the trigger in Make. * When a user submits the form, automatically create a new Investment in your workspace using the submitted data. * **Example 2: Notify Team When Investment Is Created** * Set up a trigger in Make to activate when a new Investment is created in your workspace. * Use Make to send a notification (e.g., via Slack or email) to relevant team members, informing them of the new Investment. ## Use Cases * **Automated Investment Tracking**: Keep track of investments automatically, without the need for manual input, by linking external data sources or workflows into Countercyclical. * **Cross-System Automation**: Use Make to sync investment data across different systems or applications, ensuring that your financial research, valuation, and CRM tools are always in sync. * **Streamlined Collaboration**: Automate notifications and data sharing between team members by integrating with communication tools like Slack or email. By integrating our financial research and valuation platform with Make, you can automate and streamline your investment management workflows. This integration empowers you to build custom scenarios that enhance collaboration, minimize manual tasks, and ensure that your investment processes are as efficient as possible. If you need further assistance or have any questions about the Make integration, please reach out to our support team. {% hint style="info" %} Have any questions? Send us an email at and we'd be happy to help! {% endhint %} # Microsoft OneDrive Search & sync your Microsoft OneDrive files and folders directly in Countercyclical

# Microsoft OneNote Dynamically sync your research between Countercyclical & Microsoft OneNote

# Microsoft SharePoint Search & sync your Microsoft SharePoint files and folders directly in Countercyclical

# Notion Access your Notion pages & sync to your databases directly from Countercyclical

Countercyclical provides professional investors with a powerful set of tools for managing Investments, conducting Valuations, and creating collaborative research workflows. To enhance the functionality of our platform, we offer an integration with [Zapier](https://zapier.com), allowing users to automate tasks, streamline workflows, and connect with thousands of other applications. This guide will walk you through the process of setting up our integration with Zaper, creating custom triggers and actions based on your Investments, and how to create an API key for connecting Zapier to Countercyclical. {% hint style="info" %} For additional support, contact our technical support team at {% endhint %} ### What is Zapier? [Zapier](https://zapier.com) is a popular automation tool that connects thousands of different apps and services without needing to write code. It allows users to create automated workflows known as "Zaps." Each Zap consists of a **Trigger** (an event that starts the workflow) and one or more **Actions** (tasks performed by other apps when the trigger event occurs). By integrating with Zapier, Countercyclical enables you to automatically: * Create new Investments when specific events occur in other apps. * Trigger events in third-party tools when an Investment is added, updated, or deleted. * Automate repetitive workflows, saving time and reducing manual tasks. #### Key Zapier Terminology: * **Trigger**: An event in Countercyclical (e.g., an Investment being created) that initiates a workflow in Zapier. * **Action**: A task that is performed as part of the workflow (e.g., creating an Investment in Countercyclical). * **Zap**: An automated workflow created in Zapier, consisting of a trigger and one or more actions. *** ### Setting Up Zapier Integration To begin using Zapier with Countercyclical, follow these steps: #### 1. **Create an API Key** In order to connect Countercyclical to Zapier, you'll need to generate an API key from the **Settings** section within your account. **Steps:** 1. Navigate to **Settings**. 2. Find the **Integrations** section. 3. Click on the **Connect** button next to the Zapier integration. 4. Click on the **Generate API Key** button to generate. 5. Copy the generated key, as you’ll need this to authenticate your account with Zapier. {% hint style="info" %} If you decide to roll your API key, you will need to reconnect your account in Zapier for your workflows to remain active. {% endhint %} #### 2. **Connect to Zapier** Once you have your API key, you can connect Countercyclical to Zapier by following these steps: 1. Log into your Zapier account or create a new one at [zapier.com](https://zapier.com). 2. Click on **Create Zap**. 3. In the Zap editor, search for Countercyclical in the **Choose App & Event** section. 4. When prompted, enter your API key to connect your account. 5. Now you are ready to create custom workflows (Zaps) based on Countercyclical's Investments. *** ### Creating Custom Triggers in Zapier A trigger is an event that initiates a Zap. Countercyclical offers multiple triggers based on the lifecycle of an Investment. These triggers allow you to automate actions in other tools whenever an Investment-related event occurs in your workspace. #### Available Triggers: 1. **New Investment** * This trigger is activated whenever a new Investment is created in your workspace. * Example use case: Automatically add a new row to a Google Sheet or create a Trello card when a new Investment is added to the platform. {% hint style="info" %} More Triggers will be available in the future! {% endhint %} #### How to Set Up a Trigger: 1. In Zapier, choose **Countercyclical** as your app in the **Trigger** section. 2. Select the type of trigger event you want (e.g., "New Investment"). 3. Choose your connected account (you’ll be prompted to log in if not already connected). 4. Configure additional settings, such as filtering by specific workspaces. 5. Add actions that should follow this trigger (e.g., sending data to another app). 6. Test and activate your Zap. *** ### Creating Custom Actions in Zapier Actions allow you to create or update data in our platform based on events occurring in other apps. For example, you can set up a Zap that automatically creates an Investment when certain conditions are met in a third-party app. #### Available Actions: 1. **Create Investment** * This action allows you to automatically create a new Investment in your workspace. * Example use case: Automatically create an Investment when a new opportunity is marked as "won" in Salesforce or when a form is submitted in Google Forms. {% hint style="info" %} More Actions will be available in the future! {% endhint %} #### How to Set Up an Action: 1. In Zapier, choose **Countercyclical** as your app in the **Action** section. 2. Select the action you want to perform (e.g., "Create Investment"). 3. Choose your connected account. 4. Define the necessary inputs (e.g., name, date, amount) for creating or updating the Investment. 5. Add any conditions or filters as needed to control when the action should run. 6. Test your Zap to ensure it behaves as expected, then activate it. *** By integrating our platform with Zapier, you unlock new levels of automation and efficiency. Whether you're automating Investment creation or streamlining your financial workflows, Zapier makes it easy to connect our platform to the tools you already use. # Workspaces Create or join a place where all your resources for your investment research & due diligence processes can live.

Countercyclical · Workspaces (Top-Left Dropdown)

## What are Workspaces? Workspaces are the cornerstone of your experience on Countercyclical, providing a centralized, secure, and customizable environment tailored to your organization's investment research and valuation needs. Whether you're collaborating across teams, analyzing data, or sharing insights, Workspaces keep everything organized and easily accessible. ## Key Features of Workspaces ### **Resource Management** Workspaces house all your organization's resources, including: * **Isolated Research (via** [**Investments**](/fundamentals/investments)**)**: Store and categorize your team’s analysis on individual corporate assets. * **Valuation Models**: Centralize access to models via sharing and permission on Investments. * **Financial Findings**: Easily access links to SEC filings, press releases, and more information integral to your due diligence process. ### **Collaborative Interactions** Facilitate seamless teamwork within your Workspace: * **Shared Access**: Grant permissions to team members based on roles. * **Activity Tracking**: Monitor key actions, such as resource creation, updates, and discussions. * **Commenting**: Annotate resources for in-depth discussions. ### **Custom Branding and Configuration** {% hint style="info" %} These features are generally available to Enterprise users. For more information, please visit [countercyclical.com/pricing](https://countercyclical.com/pricing) {% endhint %} Personalize your Workspace to reflect your organization's identity: * **Custom Subdomains**: Access your Workspace using your organization's unique URL. * **Branding**: Upload your logo and customize theme colors. * **Workspace Analytics**: Gain insights into user activity and resource utilization. ### **Enhanced Security** Built to meet our high standards for enterprise-grade workflows, Workspaces provide owners & admins with: * **Role-Based Access Control (RBAC)**: Define granular access permissions for users. * **Domain Restrictions**: Restrict authentication to verified domains associated with your organization. * **Audit Logs**: Track and review all workspace activities. *** ## FAQs

Can I have multiple Workspaces?

Yes, you can create multiple Workspaces to separate resources and activities for different teams, departments, or projects. However, we recommend creating [Teams](/fundamentals/teams) before taking this approach. If you have any questions or would like to talk to us about how we can best accomodate you & your team's research efforts, please contact us at

How do I restrict access to a Workspace?

By default, Workspaces are private & users can only be invited to a Workspace by an admin or workspace owner. For more information, please see [Permissions](/fundamentals/settings/workspace/permissions) Verified domains limit the invitations an admin or workspace owner can send to only users with those verified email addresses in their email addresses. For more information or if you'd like to speak with us, please reach out to us at

What happens if I delete a Workspace?

Deleting a Workspace will permanently remove all associated resources & members in that workspace. If you run into any billing issues after deleting a workspace, please reach out to us at or Users on Countercyclical are required to have *at least* one Workspace to us the platform. The most basic workspace we offer is the Free plan you get for the trial period. **Important: Deleting a user's account also deletes the workspaces they are owners of.**

*** {% hint style="info" %} Have any questions or feedback for us? Please reach out to us at {% endhint %} # Navigation Quickly move around Countercyclical with keyboard shortcuts, Tabs, a command palette, and more. # Tabs Add multiple tabs to save, revisit, and split up views based on what's most important to you.

{% hint style="info" %} We're reworking this feature on our web application to provide our users with a better user experience. Please stay tuned for more! {% endhint %} Tabs are designed to enhance the efficiency and productivity of value investors. This feature allows users to open and manage multiple tabs within the platform, enabling seamless navigation between different parts of their research and analysis. Whether you're comparing companies, tracking market data, or delving into the financials of a particular asset, the Tabs feature ensures you have quick access to all the information you need in one place. ## Key Benefits * **Streamlined Workflow**: Quickly switch between different sections of the platform without losing your place. * **Improved Efficiency**: Reduce the time spent navigating back and forth, allowing for more focus on research and analysis. * **Enhanced Comparison**: Easily compare multiple companies, reports, or datasets side-by-side by keeping relevant information open in separate tabs. * **Customizable Layout**: Arrange your tabs to suit your workflow, prioritizing the information that matters most to you. ## Using Tabs ### Opening a New Tab Click the "+" icon located on the top-right bar at the top of your screen. This will open a new tab where you can start a new search or analysis. ### Navigating Between Tabs Simply click on the tab you wish to view. The content associated with that tab will be displayed immediately. You can also use keyboard shortcuts such as `Ctrl + Tab` (Windows) or `Option + Tab` (Mac) to quickly cycle through your open tabs. ### Managing Tabs **Reordering Tabs**: Click and drag a tab to rearrange its position on the tab bar. This allows you to organize your workspace according to your priorities. **Closing Tabs**: Click the "X" icon on the tab you wish to close. Alternatively, use the keyboard shortcut `Ctrl + W` (Windows) or `Option + W` (Mac) to close the currently active tab. ## Best Practices **Organize by Research Phase**: Use tabs to separate different phases of your research process, such as preliminary analysis, detailed financial review, and final valuation. Tabs are a critical component of our platform, designed to support the complex workflows of institutional investors. By enabling easy navigation and organization of your research materials, Tabs helps you maintain focus and efficiency, ultimately leading to more informed investment decisions. {% hint style="info" %} Have any questions of feedback for us? Send us an email at {% endhint %} # Favorites Quickly access the items in your workspace that are most important to you. # Command Palette Quickly access the most important parts of your investment process with a single keyboard shortcut.

### What is a Command Palette? A command palette is a popup that you can open and close with ease for performing common, useful commands as part of an individual workflow. In Countercyclical, this feature comes with all our plans & allows to you to search for the most important items within your workspace ([investments](/fundamentals/investments), [valuations](/fundamentals/valuations-legacy), [assumptions](/fundamentals/valuations-legacy/assumptions), [built-in asset discovery](/fundamentals/search), and more.) ### Accessing the Command Palette There are a few ways you can access the command palette in Countercyclical. #### Option #1 - Keyboard Shortcut (Recommended) ### Quick Actions The first way is a simple and memorable keyboard shortcut: `⌘ + K` for macOS, and `Ctrl + K` for Windows. This will open and close the palette with ease at any location in the application. Some of the most useful actions for the command palette can be accessed at the top of each search you complete within your workspace. ### Filtering & Creation for Investments, Valuations, and Teams Users have the ability to perform filtering and creation commands on the most common items within your workspaces (namely for investments, valuations, and teams). ### Help We also have a useful help section, where you can quickly access resources relating to helping you be successful as you use Countercyclical on your own or with your team. ### Settings, Appearance, and Miscellaneous Commands Towards the very bottom of your command palette, you'll find a few extra commands for navigating to & accessing some more quality-of-life focused aspects of your workspace, like theme and view changes along with switching workspaces and seeing your user's settings. {% hint style="info" %} Have any feedback? Feel free to reach out at {% endhint %} # Exploration & Recents Use keyboard shortcuts to get where you need to go, fast.

#### Exploration (Back & Forward Buttons) These work just like the back and forwards buttons in your browser, expect this keeps the navigation scoped to Countercyclical. #### Recents Recents is a list of your most recently visited pages in Countercyclical, and you can always refer back to here to get an accurate representation of where you were last in the workspace. # List vs. Grid View Set up your investments, teams, valuations and more based on what looks best to you! #### List View

#### Grid View

# Quick Actions Create different items within your workspace in a few keystrokes.

# Offline Mode Learn about how Countercyclical works when you're not connected to the internet. {% hint style="info" %} Countercyclical does not currently sync any of the changes you make offline (this will change in the future!) {% endhint %}

# Companies # Search Discover assets, key economic factors, and more with our robust Search tool.

The Search feature on our institutional investment research software platform allows users to efficiently locate and retrieve information relevant to their investment needs. This tool is designed to streamline the research process by providing quick access to a vast database of reports, market data, news, and analysis. ### Key Features * **Comprehensive Data Coverage**: Access a wide range of data sources including market insights, companies and their financial statements, news articles, and proprietary insights. * **Advanced Filtering Options**: Narrow down search results using various filters such as asset type, region, and more. * **Smart Search Algorithms**: Benefit from intelligent search algorithms that prioritize the most relevant and recent information. * **Saved Custom Filters**: Save frequently used filters for quick access in the future. ### Getting Started To use the Search feature, follow these steps: #### Accessing the Search Tool 1. **Login**: Ensure you are logged into the platform with your credentials. 2. **Navigate to Search**: From the main dashboard, click on the "Search" tab located in the left sidebar. #### Performing a Basic Search In the search bar, type in relevant keywords or phrases (no need to press the "Enter" key or click any Search" buttons). #### Using Advanced Search For a more targeted search, utilize the advanced search options: 1. **Advanced Search Options**: Click on the "Filter" dropdown next to the search bar. 2. **Filters**: Apply filters such as: * **Asset Type**: Choose from equities, bonds, commodities, etc. * **Region**: Select specific geographic regions. 3. **Optional: Saving Filters as a Custom Filter**: Click the "Save as Custom Filter" button to save the filters for reuse at a future date. #### Viewing Search Results 1. **Results Display**: Search results are displayed in a list format. 2. **Sort Options**: Sort results by relevance, date, or source. 3. **Preview**: Hover over a result to see a brief preview of the content. 4. **Detailed View**: Click on a result to open the full document or report. ### Tips for Effective Searching * **Use Specific Keywords**: Narrow your search with specific terms to get more relevant results. * **Leverage Filters**: Apply multiple filters to zero in on the exact data you need. Search is a powerful tool designed to enhance your investment research process. By utilizing its advanced capabilities, you can efficiently gather and analyze the information needed to make informed investment decisions. ### Asset Discovery Engine (ADE) {% hint style="info" %} This feature is generally available on our Enterprise plan. Please [schedule a call with us](https://cal.com/countercyclical/enterprise-demo) to learn more. {% endhint %} Code-named "A.D.E." (Asset Discovery Engine), Countercyclical has a purpose-built, AI-fueled query engine designed solely for giving users the ability to uncover hard-to-find insights by running complex permutations across large data sets. {% hint style="info" %} Have any feedback? Feel free to reach out at {% endhint %} # Filters Refine search results with ease & save your favorite filters as Custom Filters

**Filters** allow users to perform highly customizable and specific searches, making it easier to find data most relevant to their workflow and due diligence process. Filters are designed to enhance user productivity by offering granular options across three primary categories: **Premium Filters**, **Advanced Filters**, and **Event Filters**. Each category is tailored to meet specific needs, from accessing proprietary data to filtering by corporate attributes and event-based triggers. ## Filter Categories {% hint style="info" %} Filters are generally available on our paid plans. For more information, please visit {% endhint %} ### **Premium Filters** **Premium Filters** provide enhanced capabilities for users to search and filter data based on proprietary information they import into the platform. These filters are accessible to premium users and allow unique insights derived from custom data, such as: * **Custom Data Imports**: Users can upload proprietary datasets (e.g., specific financial metrics, internal company analyses) and filter searches based on these custom inputs. > **Example**: A user imports their internal financial data for a portfolio of companies. Using Premium Filters, they can filter search results by parameters unique to this proprietary dataset. {% hint style="info" %} For more information on Premium Filters, please see [Imports](/extras/imports) {% endhint %} ### **Advanced Filters** The **Advanced Filters** category allows users to filter search results based on a range of attribute-based criteria. This category is designed for users looking to narrow down results based on corporate and demographic characteristics, offering options such as: * **Employee Headcount**: Filter companies based on the number of employees (e.g., <100, 100–500, 500+). * **Headquarters Location**: Focus search results based on geographic location, including country, state/territory, city, or zip code. * **Industries and Sectors**: Filter by industry classifications (e.g., technology, healthcare) and sectors (e.g., software, pharmaceuticals). > **Example**: A user searching for technology companies based in Europe with over 500 employees could use the Advanced Filters to streamline these results efficiently. ### **Event Filters** **Event Filters** enable users to refine search results based on various events and corporate actions. This category is ideal for users monitoring recent activities or significant events impacting companies and industries: * **News Feeds**: Filter companies based on recent news mentions, press releases, and major headlines. * **Mergers & Acquisitions (M\&A)**: Target companies involved in recent or historical M\&A activities. * **Earnings Releases**: Filter results based on companies with recent or upcoming earnings announcements. > **Example**: A user can use Event Filters to find companies with recent M\&A activity in the past six months, helping to track trends and opportunities within the market. ## Filter Operators {% hint style="info" %} This feature enhancement will be released soon! {% endhint %} ## Using Filters The Filters panel is located on the **left sidebar** of the Search page. Users can select filters from any or all categories in combination to customize their search criteria. 1. **Selecting Filters**: Click on a filter category to expand options and select specific criteria within each category. 2. **Combining Filters**: Multiple filters can be applied across categories to narrow search results. For instance, you could apply a Premium Filter with custom data, an Advanced Filter for employee headcount, and an Event Filter for recent M\&A transactions. 3. **Dynamic Results Update**: As filters are applied, the results dynamically update based on your search, providing immediate feedback and allowing users to fine-tune their search in real-time. ## Custom Filters Custom Filters are saved filters that a user can create within Countercyclical to easily reuse custom filter logic over and over again. ### Saving Filters as Custom Filters You can save any number of filters as a Custom Filter simply by adding the filters, and then clicking "Save as Custom Filter" in the bottom of the left side bar, or by clicking the "Save" button in the top-right of the filters row. *** To conclude with, Filters offer a powerful, flexible search experience that is customizable to meet the diverse needs of our users. Whether analyzing proprietary data, filtering by corporate attributes, or tracking event-driven insights, Filters empower users with the tools they need to make informed decisions, fast. {% hint style="info" %} Have any feedback or questions? Please reach out to us at {% endhint %} # Companies Dive straight into the fundamentals of a business and see what a company looks like before you start collaborating with your team.

# Tabs

# Overview # Capital Structure # Income Statement # Cash Flows # Balance Sheet # Returns # Multiples # Insiders # Filings # Charts Dynamically plot fundamentals, metrics, and more when researching assets with our charting tools.

### Research Charts Go to any of the main tabs when researching companies in Countercyclical, and you will see a chart plotting the top-most line item for the page that you're on.

### Editing Charts Editing charts is as easy as adding line items and other data points for plotting via the dropdown in labeled "Add to Chart" above the chart:

Search -> Company -> Capital Structure -> Add to Chart

Once you've selected this, you will be presented with a dropdown where you can add data points based on the route you're on. {% hint style="info" %} We're constantly updating these plotting features and will continue adding more datapoints based on your feedback! {% endhint %} {% hint style="info" %} Have any questions or feedback? Feel free to reach out at {% endhint %} # Tables # Quick Creation Quickly create an investment for collaborating or jump straight into valuing the company with Quick Creation.

# Economic Data Research macroeconomic data with ease Economic data on the platform includes a wide range of indicators from trusted global sources that's updated in real-time. #### **Key Features** * **Broad Coverage:** Access data from major economies and more. * **Historical Data:** Analyze trends with historical datasets spanning decades. * **Interactive Tools:** Visualize, compare, and model economic data using customizable charts. * **Real-Time Updates:** Receive the latest data releases with alerts for important updates. #### **Categories of Economic Data** 1. **Macroeconomic Indicators** 1. **Examples** * GDP (Gross Domestic Product) * Inflation Rates * Unemployment Rates * Consumer and Business Confidence Indices *** ### **Accessing Economic Data** Economic data is integrated into various parts of the platform, including dashboards, reports, and analytics tools. #### **Where to Find Economic Data** 1. **Economics Chart View** * Access a customizable view that displays key economic indicators. 2. **Search & Filters** * Use the platform’s search & filtering functionality to find specific economic indicators datasets by name, region, or time period. *** ### **Analyzing Economic Data** #### **Visualization Tools** * Create dynamic charts to analyze trends in GDP, inflation, trade, and more. * Customize time ranges, chart types (e.g., line, bar, scatter), and comparison metrics. *** {% hint style="info" %} Have any questions or feedback? Please reach out to us at {% endhint %} # Model Syncing Sync fundamental data between Countercyclical and your favorite spreadsheet providers.

Countercyclical · Search (Sync to Spreadsheet)

{% hint style="info" %} Microsoft Excel support for this feature is currently in progress! {% endhint %} ## What is Model Syncing? **Model Syncing** allows users to seamlessly sync fundamental financial data from Countercyclical to [Google Sheets](https://workspace.google.com/products/sheets/) for extensive financial modeling capabilities. This feature is designed for institutional investors, analysts, and researchers who need to work with historical financial data across multiple companies in a spreadsheet environment they're already familiar with. With **Model Syncing**, you can: * Select multiple **companies** at once to sync with your spreadsheet provider. * Select from a variety of financial insights & statements to sync, including: * **Balance Sheet** * **Income Statement** * **Cash Flows** * **Revenue Segments** (Product Line and Geography) * **Key Performance Metrics** * And more. * Choose a **date range** of up to **30 years** of historical data. * Simultaneously create models in Google Sheets. {% hint style="info" %} Each new sync will create a separate spreadsheet for each company that's synced, even if you've made a sync in the past. Users can sync up to **3** companies at once. This is to establish data boundaries in the event you want to update your modify your sheet after the sync. {% endhint %} ### Requirements {% hint style="info" %} You can link your Google Drive account (for Google Sheets) under the Connected Accounts tab in your Account Settings ([Settings > Account > General > Connected Accounts](https://dashboard.countercyclical.io/settings/account/general/connections)) {% endhint %} * **Google Sheets** requires a Google account with **Google Drive access**. ### Using Model Syncing **Model Syncing** is available on **Search** after you've queried for companies and selected, at least, one result:

### Steps to Sync Data After selecting at least one company in the Search result list, click on the "Sync to..." button to show the Model Syncing feature: * **Choose Tabs** * Select which financial statements & insights you’d like to include in your model. * **Pick a Date Range** * Select a start and end date for the historical data (up to 30 years). * **Choose Spreadsheet Services** * Select **Google Sheets** * If selecting Google Sheets, make sure you've connected your Google Drive account to Countercyclical. {% hint style="info" %} Syncing to Google Sheets requires that you have a Connected Account in your settings. You can connect your [Google Drive](https://workspace.google.com/products/drive/) in your Account Settings ([Settings > Account > General > Connected Accounts](https://dashboard.countercyclical.io/settings/account/general/connections)) {% endhint %} * **Start Syncing** * Click **"Sync"** to begin syncing. * Countercyclical will create a new spreadsheet in the provider(s) you selected. * **Review and Use Data** * Once synced, your spreadsheet will include separate **tabs** for each report you selected iin Countercyclical. {% hint style="warning" %} If you notice any data inaccuracies, please reach out to us immediately at {% endhint %} *** ## FAQ

What type of companies do you support for this feature?

We support all of the companies you can search for & find on Countercyclical for fundamental model syncing!

What if a company's financials update after I have initiated a sync?

We capture the data as-is when you initiate the sync between Countercyclical and your spreadsheet provider of choice. In the event a company updates their financials, you may need to create a new sync (with a new model) to capture theses changes effectively.

# Investments Create investments to value assets in a collaborative and streamlined manner.

### What are Investments? Investments are the basic building block of Countercyclical. Each investment represents an asset that you (or your team) are looking to appraise. We employ a [value-oriented](https://www.investopedia.com/terms/v/valueinvesting.asp) approach to how we present users with the initial information around an investment. You can create an investment right on the platform as well as import preexisting holdings from your brokerage and other investment-related accounts. ### Types #### Regular Investments Regular investments are investments you work on or create on our platform. #### Connected Investments If you have investments in a brokerage or other investment-related financial accounts, you can safely connect them to Countercyclical to determine the on-going risk profile of an investment as well as if a holding is worthy of selling off, holding, or increasing in size. We use [Plaid](https://plaid.com/) to securely pipe your data between your financial institutions and our platform. ### Sharing {% hint style="info" %} Depending on who an investment is shared with affects its overall visibility. Please read the following section carefully to understand the different types of sharing that an investment can have. {% endhint %} Based on the type of investment you're creating, who you're working on it with, and the extent of your relationship with the collaborators on the investment, there are different permissions that come along with each investment once it's shared. #### Personal When a user creates an investment without inviting anyone, it is a Personal Investment*.* When an investment is personal, no one can access the investment besides the creator of the investment. On our Free plan, a user can create 1 personal investment. #### Shared An investment becomes shared when the creator of the investment shares the investment with one or more users. The invited users do not have to be invited to the workspace to collaborate on the investment. However, if you want to create a team with collaborators from a specific investment, you will have to invite them to the Workspace. #### Team When a user is part of a team, either as the creator of the team or simply a member, they can invite their entire team This makes the investment a Team Investment. #### Connected When a user connects one or more of their investment accounts to Countercyclical, each holding represents a different investment. Countercyclical keeps your investments up-to-date by checking to see if there are any changes to your account on a weekly basis. Rest assured that even if you sell an investment, Countercyclical will keep all of the work you've done with a connected investment and will set it as Archived once a holding is sold. You change this in the Workspace settings for an investment if you'd prefer a different behavior. #### Archived When a user archives an investment, the investment becomes [locked](broken://pages/6tm7PoOSKtRLHgZ81PE9) and is removed from searches. # Tabs Navigate each investment with ease and without friction.

# Overview Get key insights and details delivered to you the second you create an investment.

# Analysis Quickly access fundamental information about your investment in just a single click.

{% hint style="info" %} Please visist [Tabs](/fundamentals/search/companies/tabs) to learn about the tabs available in an Investment {% endhint %} # Valuations See all the valuations associated with a particular investment.

{% hint style="info" %} Please see the other [Valuations](/fundamentals/valuations-legacy) section to get further details on an individual valuation. {% endhint %} # Versions # Settings # Filtering Refine your investments based on who they've been shared with, what category they fall under, and more. # Actions Get the most out of Countercyclical by customizing and using Investment Actions on Countercyclical.

## What are Investment Actions? Investment Actions are common functions that can be made on any investment. Specific actions may only be performable based on a member's permissions within a workspace and their permissions on that investment. ## Investment Actions in Countercyclical The following actions can be taken on an investment within Countercyclical: ### Favorite an Investment Favoriting an investment adds the investment to your Favorites. This is a curated list of items that you can reference at any time that are personal to you & allow for quick access within a workspace. ### Lock an Investment {% hint style="info" %} This functionality is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages. {% endhint %} Archiving an investment turns the entire investment (and its valuations) into a read-only state. These investments are still shown with the other investments when you visit the [Investments](/fundamentals/investments) page in Countercyclical, unlike [Archived Investments](#archive-an-investment) (see below). ### Archive an Investment {% hint style="info" %} This functionality is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages. {% endhint %} Archiving an investment turns the entire investment (and its valuations) into a read-only state and removes it from the general list of investments when you visit the [Investments](/fundamentals/investments) page in Countercyclical. To access the archived investments in your workspace that you have permission to see, you can filter for archived investments by selecting the "Archived" option in the Category dropdown on the Investments page:

### Copy Link to Investment Copying a link to an investment is useful for sharing with other users outside of Countercyclical or simply using for your own reference in your clipboard. After copying a link to an investment, you will notice a popup in the bottom right-hand corner of the screen showing you the title of which investment you copied the link to:

### Open Investment in New Window ### Share Investment {% hint style="info" %} This functionality is the same as what you will find on the [Share](/fundamentals/investments/invitations-and-sharing/share) page in [Invitations and Sharing](/fundamentals/investments/invitations-and-sharing). Please refer to those pages to learn more about this feature. {% endhint %} ### Rename Investment {% hint style="info" %} This functionality is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages in our documentation on this site. {% endhint %} By default, when an investment is created, it is given the official corporate name from the service provider Countercyclical uses as its name. Renaming an investment allows a member to change what the investment is called.

### Create Template from Investment {% hint style="info" %} This functionality is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages in our documentation on this site. To learn more about [Templates](/fundamentals/profile/tabs/templates), please visit its dedicated page in our documentation on this site. {% endhint %} Templates are an integral part of Countercyclical and allow members to streamline the creation of shared investments and valuations based on their teams and what assumptions are most important to the scenarios an analyst might be covering. ### Transfer an Investment {% hint style="info" %} This functionality is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages in our documentation on this site. {% endhint %} Transferring an investment allows an investment owner to transfer the investment to another member or team in their workspace. Members on a Pro plan can transfer an investment to Organizational workspaces. ### Duplicate an Investment {% hint style="info" %} This functionality is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages in our documentation on this site. {% endhint %} Duplicating an investment in Countercyclical is a useful way to research a company with a different team or group of collaborators to segment visibility between teams. Rather, the investment, its invited members (collaborators), and the valuations created within the investment are duplicated. {% hint style="warning" %} Comments and other sensitive information are not converted over to duplicated investments. {% endhint %} ### Export an Investment {% hint style="info" %} This functionality is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages in our documentation on this site. {% endhint %} ### Go to an Investment's Settings {% hint style="info" %} This route is only available to Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages in our documentation on this site. {% endhint %} Selecting the Settings tab in the Investment Actions dropdown will bring you to the investment's settings section

### Delete an Investment {% hint style="warning" %} This action is irreversible and archiving an investment is recommended in most cases. This functionality is only available for Workspace Owners, Workspace Admins, the Investment's Owner, or the Investment Editors to perform. To learn more about Workspace and Investment Permissions, please refer to the [Permissions](/fundamentals/settings/workspace/permissions) and [Share](/fundamentals/investments/invitations-and-sharing/share) pages in our documentation on this site. {% endhint %} Deleting an investment on Countercyclical. In order to delete an investment, you will need to type in the auto-generated phrase that you see when the popup displays:

## Investment Actions in Countercyclical # Comments A dedicated place in each investment where you can collaborate with your team on insights, valuations, and more.

### Comments in Countercyclical Communication is a non-negotiable as research teams gain insight and perspective on an asset they're valuing. Everything from the fundamentals that underpin the company to capturing the nuances that might make it of interest, getting your team on board is required. ### Comments Integrated Throughout the Platform Within investments and valuation on Countercyclical, comments can be left in two of the following channels: #### Component-Based Comments Comments can be left on the following components within an investment or valuation: * Charts * Tables Comments left on components are tied directly to some set of metadata that the originating commenter set up (plotted items, certain rows or cell values, etc.) #### Regular Comments Regular comments pertain to the generalized discussion channel that comes with every investment. ### Threads Each type of comment can create a thread, which is a continous conversation that originates from a single starting comment. ### Mentions Mentions enable users to tag specific individuals or teams within comments, drawing their attention to relevant discussions or insights. This feature enhances collaboration and ensures that the right stakeholders are involved in key parts of a conversation. # Invitations and Sharing Invite workspace members to your investments to collaborate, comment, and work on valuations.

# Invite # Share Create a shareable link to allow anyone to quickly view your work. {% hint style="info" %} By default, we do not attempt to have search engines index shared links. However, anyone with access to an active link can view the shared investment or valuation. {% endhint %}

{% hint style="info" %} This feature is only available for Pro and Enterprise plans. {% endhint %} ### What is Sharing? Sharing an investment or valuation allows anyone with a the link to view the item. Sharing can useful for those outside of the immediate due diligence process to get insight into a particular investment or valuation. ### How to Share Investments or Valuations on Countercyclical Sharing in Countercyclical is simple, and takes only a few seconds to do: #### Step 1 - Navigating to Share Inside of an investment or valuation, click on the button in the top right named "Share". This is also where you invite your workspace members to an investment:

#### Step 2 - Creating a Public Link Once the modal has popped up, click on the right-most button titled "Share". Then, click on the switch button next to the title "Create Public Link":

Investment -> Share (Create Public Link)

#### Step 3 - Sharing the Link {% hint style="warning" %} Please note that sharing an investment or valuation gives view access to anyone with the link. Share active links at your's and your team's own discretion. {% endhint %} After you get this to this step, you will have generated a public link for the entire investment:

#### Step 4 (Optional) - Adjusting Visibility If you want to limit visibility to a single valuation within your investment, click on the Visibility dropdown and selection "Valuation":

Once you've selected "Valuation" for the visibility setting, you should see that a new dropdown now shows that allows you to select which valuation you'd like share: {% hint style="info" %} Your link will be inactive until you either select a valuation from the dropdown list or switch back to make the entire investment visible. {% endhint %}

After selecting a valuation, your link will reactivate and be shareable just like before:

### Permissions {% hint style="info" %} Comments, along with other sensitive information and actions, are not visible nor accessible to anyone outside of those immediately invited to the investment or valuation(s). {% endhint %} By default, those with access to the link are only able to view an investment or valuation. Edit, comment, and other elevated permissions are disabled. That said, further functionality may be supported in the future. ### Turning Off or Regenerating a Link If you wish to turn off a link, simply click on the button titled "Turn Off Share". If you wish to regenerate a link, follow the same step as above for turning a link off, but then click on the switch button again to regenerate the link (adjust any visibility settings as necessary):

{% hint style="info" %} Have any questions or feedback? Feel free to reach out at . {% endhint %} # Quick Versioning Supercharge your versioning of investments at specific snapshots in time, and then recall them at a moment's notice. {% hint style="info" %} Versioning functionality is only available on paid plans. Please visit our [pricing page](https://countercyclical.com/pricing) for more information {% endhint %}

### What is Versioning? Versioning allows you to see changes made to an investment within Countercyclical, along with who made it and when the version was created. The information captured within a version includes valuation data, comments (coming soon), and more. #### How to Use Quick Versioning We've made Quick Versioning in Countercyclical super simple, and we give you a few options to save your investments at any given moment in time. ### Creating a Manual Version There are two ways to create a manual version of an investment in Countercyclical:

Investment -> Overview -> Creating a Manual Version (⌘ ⌥ S)

#### Option 1 - Keyboard Shortcut (Recommended) By performing the keyboard shortcut `⌘ ⌥ S`, you can open the Version History modal and create a version to save with a description. #### Option 2 - New Version Button Clicking the button titled "+ New Version" will prompt you with the same card that you'd get with the shortcut. ### Restoring a Version

Restoring a version of the investment is as simple as clicking the "Change Version" button, and selecting which version you would like to view the investment at. #### Keyboard Shortcuts * Quick Creating a Version: `⌘ ⌥ S` * Quick Switching Between Versions: `^ ⌥ {Number of Version}` {% hint style="info" %} Have any questions or feedback? Feel free to reach out at . {% endhint %} # Valuations (Legacy) Decode hidden value with our Valuations feature - purpose-built for amplifying your strategic investment insights. {% hint style="warning" %} Valuations have been sunset in a recent release of Countercyclical. However, you can still access them via our data export feature - available to all users in your Settings. Please see [Export User Data](/extras/exports/export-user-data) for more information. {% endhint %}

Investments - Valuations - Generated Valuation

## What are Valuations? Valuations serve as the cornerstone of sound investment strategies for value investors. They involve a rigorous analysis of various financial metrics, market dynamics, industry trends, and qualitative factors to determine the true worth of a company's equity. At Countercyclical, we offer a suite of valuation methodologies tailored to meet the needs and preferences of our users. ## Valuations on Countercyclical Valuations on Countercyclical always reside within [Investments](/fundamentals/investments) on the platform. ### Valuation Methods Countercyclical offers 3 different valuation methods out of the box: * Discount Cash Flow (Default) * Comparable Company * Precedent Transactions Users can create any number of valuations with different valuation methods as they work on an Investment. #### Discounted Cash Flow (DCF) A discounted cash flow technique estimates the present value of a company's future cash flows, incorporating factors such as revenue growth, operating expenses, capital expenditures, and terminal value. DCF analysis enables investors to assess the intrinsic value of a company based on its projected cash flow generation potential. #### Comparable Company (CC) CCA involves benchmarking a company's financial metrics, such as earnings, revenue, and multiples, against those of its peers within the same industry. By identifying comparable companies with similar business models and market characteristics, investors can derive insights into the relative valuation of the target company. #### Precedent Transactions The Precedent transactions approach involves evaluating the valuation multiples paid in previous mergers and acquisitions within the same industry or sector. By analyzing transaction data, including deal size, valuation metrics, and strategic rationale, investors can gain insights into the potential valuation of a target company in a merger or acquisition scenario. ### Coming Soon: Inference Inference is an optional feature we offer on Enterprise Plans that gives financial analysts the ability to add line items to the valuation based on industry and the description provided when creating the valuation. ### Sensitivity Analysis on Each Scenario Each Valuation created on Countercyclical comes with a [Sensitivity Analysis](/fundamentals/valuations-legacy/sensitivity-analysis) baked in. Valuation inherently involves uncertainty, and our platform equips users with tools for conducting sensitivity testing to evaluate the impact of various assumptions and market conditions on valuation outcomes. This enables investors to make more informed decisions in the face of uncertainty. ### Collaborative Features For teams of financial analysts collaborating on valuation projects, our platform offers collaborative features where members can seamlessly exchange feedback and collaborate on the development of models in real time. We believe this can help to foster teamwork and enhances the quality and efficiency of valuation analysis. ## Valuation Templates Valuation templates offer reusable functionality where users can either create personal, team-based, or workspace-level templates to be used based on the scenarios being measured on Countercyclical. {% hint style="info" %} Have any questions or feedback? Feel free to reach out at {% endhint %} *** *The images contained in this post are used for informational purposes only and does not constitute investment advice. Our valuation projects and research are based on publicly available information and our own analysis, which may not be comprehensive. You should conduct your own independent research and analysis before making any investment decisions. We are not responsible for any loss or damage resulting from your reliance on this information. Always seek the advice of a qualified financial advisor with any questions you may have regarding investments.* # Sensitivity Analysis Consider different scenarios and assess the risk continuum of your investments with our sensitivity analysis feature.

## What is Sensitivity Analysis? According to Investopedia, "Sensitivity analysis determines how different values of an independent variable affect a particular dependent variable under a given set of assumptions." ([Source](https://www.investopedia.com/terms/s/sensitivityanalysis.asp)) Investors use sensitivity analysis to gauge the band of potential possibilities for any given scenario. By doing so, capital allocators can better discover the potential risks associated with their assumptions, which in turn can lead to better decision making. ## Sensitivity Analysis in Countercyclical After creating a valuation in Countercyclical and generating the results, you can see what the sensitivity analysis for your particular scenario looks like by clicking on the following button:

After clicking the button, you're greeted with a popup that shows you the sensitivity analysis for your particular valuation. ### Rows & Columns Assumptions from your valuation are visible here and you can dynamically see the continuum of potential intrinsic value for your investment, along with the three core variables that power the valuation's outcome (discount rate, terminal rate, and growth rate). #### Number of Rows & Columns In the Sensitivity Analysis fields, you can change the number of rows and columns that you will generate each time you run a valuation. The minimum is 3 and the maximum is 9 for both rows and columns. ### Row & Column Values

Valuation -> Sensitivity Analysis - > Row & Column Values

There are 3 different values that you can use for either your row or column values when using the Sensitivity Analysis feature on Countercyclical: * Discount Rate * Terminal Rate * Growth Rate For more information on each of these 3 assumption values, we recommend reading [Assumptions](/fundamentals/valuations-legacy/assumptions). ### Deviations

Valuation -> Sensitivity Analysis - > Deviations

The editable deviation field allows you to set the variance of each value at both the row and column level. Allows for whole numbers up to 100 with the level of granularity reaching 2 decimal places (e.g. 0.01). ### Additional Functionality

Valuation -> Sensitivity Analysis - > Additional Functionality

#### Lock Table Locking the table is only available to owners and editors of the investment (see [Invitations and Sharing](/fundamentals/investments/invitations-and-sharing) for more information), and it turns the table into a read-only view where none of the fields are editable. #### Save Table as CSV, JPG, or PNG After performing sensitivity analysis, you can export the table to either CSV or image formats (JPG or PNG). {% hint style="info" %} Have any questions or feedback? Feel free to reach out at . {% endhint %} # Assumptions Reuse inputs to your Valuations across many Investments in your workspace.

# Memos Craft compelling stories around the insights you discover with Memos!

## What are Memos? Memos are documents created within our platform that enable users to capture their research findings, investment ideas, and analysis insights to share as a report for key stakeholders. With a user-friendly WYSIWYG editor, rich formatting options, and collaboration features, Memos empower users to communicate complex financial concepts effectively. ## Memos on Countercyclical Unlike generic document editing platforms, Memos within Countercyclical are tailored specifically for the needs of value investors. With built-in features such as version control, Markdown support, and preview links, Memos offer a comprehensive solution for conducting research, collaborating with team members, and sharing insights within the investment community. ### WYSIWYG Editor The "what you see is what you get" (WYSIWYG) editor provides users with a familiar and intuitive interface for creating memos and research insight reports. Users can format text, insert images, tables, and hyperlinks effortlessly, enabling them to convey their ideas effectively. ### Markdown Support Markdown is also supported for users who prefer writing in the format. Markdown allows users to format text using simple syntax, providing a lightweight and efficient alternative to the WYSIWYG editor. Users can seamlessly switch between Markdown and WYSIWYG modes, depending on their preferences and workflow. #### Text Styling Shortcuts The following Markdown-based shortcuts can be used: **Headers** Use hash symbols (`#`) followed by a space to create headers. The number of hash symbols determines the header level. ```shell # Header 1 ## Header 2 ### Header 3 ``` **Emphasis** Use asterisks (`*`) or underscores (`_`) to add emphasis to text. Wrap text with one asterisk or underscore for *italic* and with two for **bold**. ```scss *Italic text* _Italic text_ **Bold text** __Bold text__ ``` **Lists** Use hyphens (`-`), plus signs (`+`), or asterisks (`*`) followed by a space to create unordered lists. Use numbers followed by a period (`1.`) for ordered lists. ```markdown - Item 1 - Item 2 - Item 3 1. First item 2. Second item 3. Third item ``` **Links** Use square brackets (`[]`) for the link text and parentheses (`()`) for the URL to create links. ```less [Link text](https://www.example.com) ``` **Images**: Similar to links, but with an exclamation mark (`!`) before the square brackets. ```scss ![Alt text](image_url) ``` **Blockquotes** Use a greater than symbol (`>`) followed by a space to create blockquotes. ```css > This is a blockquote. ``` **Code Blocks** Use triple backticks (\`\`\`) to create code blocks. You can specify the language for syntax highlighting after the opening triple backticks. ````scss ``` def hello_world(): print("Hello, World!") ``` ```` **Horizontal Rule** Use three or more hyphens (`---`), asterisks (`***`), or underscores (`___`) to create a horizontal rule. ```yaml --- ``` ### Rich Formatting Options Express ideas vividly using rich formatting options such as bold, italics, underline, bullet points, and headings. The variety of formatting tools allows users to structure their memos and reports for clarity and readability. ### Slash Commands To enhance productivity and streamline your workflow, Memos supports slash commands for quick access to common actions. Users can perform tasks such as changing or adding formatting options, sharing memos with colleagues, and change between drafts and templates using intuitive slash commands. ### Media Integration {% hint style="info" %} This feature is only available on Enterprise plans. For more information, please visit [countercyclical.io/pricing](https://countercyclical.io/pricing) {% endhint %} Enhance the visual appeal and comprehensibility of memos and reports by seamlessly integrating images, charts, graphs, and multimedia content. Users can upload or embed visual aids directly into their documents to provide additional context or illustrate key points. ### Component Integration {% hint style="info" %} This feature is only available on Enterprise plans. For more information, please visit [countercyclical.io/pricing](https://countercyclical.io/pricing) {% endhint %} Seamlessly pull charts, tables, and valuations directly into your Memos from any of the investments you're invited to. This functionality streamlines the process of incorporating financial data and analysis results into your reports, enhancing efficiency and accuracy. ### Mentions Mention functionality enables users to tag specific individuals or groups within comments, drawing their attention to relevant discussions or insights. This feature enhances collaboration and ensures that the right stakeholders are involved in the conversation. ### Comments Memos allow users to add comments to specific sections of a memo, facilitating discussions and feedback among collaborators. Comments can be used to ask questions, provide feedback, or clarify information within the memo, enhancing collaboration and ensuring clear communication. ### Undo / Redo Functionality The editor also offers robust redo and undo functionality, allowing users to easily correct mistakes or revert changes. Whether users are in the WYSIWYG editor or Markdown mode, they can confidently experiment with formatting, revisions, and edits knowing that they can quickly undo any unintended actions or redo previous changes as needed. ### Real-Time Collaboration and Sharing Collaborate with team members or share insights with clients by easily sharing memos and reports within the platform. Users can control access permissions and collaborate in real-time, fostering teamwork and facilitating knowledge exchange. ### Preview Links Generate preview links to share Memos with others in a read-only state. Users can generate a unique link for their document and share it with colleagues, clients, or stakeholders, allowing them to view the content without needing to log in. ### Full Screen Mode Memos support full-screen mode, providing users with a distraction-free environment for focused writing and editing. In full-screen mode, the editor expands to fill the entire screen, minimizing distractions and maximizing productivity. ### Templates Create and reuse templates from your memos to streamline your workflow. Users can save frequently used memo structures, formatting styles, and content elements as templates, allowing for efficient creation of standardized reports and documents. ### Export and Download Options Export Memos in various formats, including PDF, Word, and HTML, for offline access or distribution. Users can download documents in their preferred format, enabling seamless integration with external tools or sharing platforms. ## Getting Started with Memos Embrace the power of Memos to streamline your workflow, enhance communication, and drive better investment outcomes from within the platform: ### Navigating to Your Memos You can quickly access your memos at anytime by going to [Memos](https://dashboard.countercyclical.io/memos) tab on the sider. ### **Creating and Accessing the Memo Editor** Navigate to the Memos section within the platform and click on the "Create New Memo" button to access the WYSIWYG editor. ### Using your Memo Templates If you're looking to use one of your Templates, you can do so by clicking on the dropdown next to the "Templates" button: ### **Compose Your Memo** Use the WYSIWYG editor to compose your memo or research insight report. Utilize the rich formatting options or Markdown syntax to structure your document for clarity and coherence. ### **Collaborate and Share** Collaborate with team members by inviting them to review or contribute to your memo. Control access permissions and share the document securely within the platform. ### **Review and Finalize** Review your memo for accuracy, coherence, and completeness. Make any necessary revisions or edits before finalizing the document. ### **Generate Shareable Links** Once the memo is ready for sharing, generate a preview link by selecting the appropriate option within the platform. Copy the generated link and share it with intended recipients. ## FAQs

Do you offer version history for Memos?

We're currently in the process of building this functionality out, and we're really looking forward to sharing this functionality with the Countercyclical community when we're all done!

*** {% hint style="info" %} Have any feedback or questions for us? Please reach out to us at and we'd be more than happy to talk! {% endhint %} # Sources Seamlessly hook all of your research findings directly into your Memos to tell the right story. {% hint style="info" %} Sources are generally available to our Enterprise users. Please set up a time to [talk with our team](https://cal.com/countercyclical/enterprise-demo) or send us an email at {% endhint %} ## What are Sources? 'Sources' is a powerful tool that allows users to seamlessly connect their research findings directly into Memos. By integrating data from various sources, users can enrich their Memos with comprehensive and visual representations of their research. ### Key Features * **Data Selection**: Choose from platform data, custom data sources, 'Investments', and 'Valuations'. * **Visualization Types**: Select the appropriate visualization format, such as charts or tables, to best represent your data. * **Integration with Memos**: Directly render selected data into your Memos for easy reference and analysis. ### Using the 'Sources' Feature #### Step 1: Accessing the Sources Feature 1. Navigate to the Memo where you want to include research findings. 2. Click on the 'Add' button in 'Sources' section of the Memo. #### Step 2: Selecting Data You have several options for selecting the data you want to incorporate into your Memo: **Platform Data** * **Available Data**: Choose from a wide range of pre-integrated data available on the platform. **Custom Data Sources** * **Add Custom Data**: Import your own data sets to the platform. **Investments** Utilize data from your 'Investments' with ease. **Valuations** Access data from your 'Valuations'. #### Step 3: Selecting Visualization Type Once you have selected the data, choose how you want it to be visualized in your Memo. Available visualization types include: * **Chart**: Visualize your data in various chart formats (e.g., bar, line, pie). * **Customization**: Customize the chart type, colors, labels, and other settings to best represent your data. * **Table**: Display your data in a structured table format. * **Customization**: Customize the table columns, sorting options, and data filters. #### Step 4: Rendering the Visualization After selecting the visualization type, render the data on your Memo page: 1. **Preview**: Use the preview function to see how your data will appear in the Memo. 2. **Adjust**: Make any necessary adjustments to the visualization settings. 3. **Insert**: Click the 'Insert' button to add the visualization to your Memo. The 'Sources' feature is an essential tool for value investors using Countercyclical. By connecting their research findings directly into Memos and visualizing data effectively, users can create comprehensive, insightful, and well-documented analyses that tell stories that leave an impact. # Telemetry Mode Real-time, collaborative "research-forward" data science notebook ## What is "Telemetry Mode"? {% hint style="warning" %} Telemetry Mode is currently in development, please stay tuned for its official release! {% endhint %} "Telemetry Mode" is a cutting-edge enhancement within the [Memos](/fundamentals/memos) feature of our platform, specifically designed to enhance collaboration and streamline the research process for institutional investors, analysts, and data scientists. In this mode, a standard Memo can be transformed into a fully-functional, Jupyter-compatible data science notebook. It allows users to seamlessly integrate code execution, data visualization, and analysis into their collaborative documents, thereby bridging the gap between textual reports and interactive data analysis. This provides teams with the ability to perform complex calculations and financial modeling while writing comprehensive investment reports or research analyses, all within a single, unified document. ## Key Features ### **Seamless Transition from Text to Notebook** Telemetry Mode allows users to toggle between standard text-editing and notebook modes. When activated, the text editor is enhanced with dynamic code cells, input blocks, and the ability to execute code in real-time. Users can still freely add and edit textual content, but they now have the power to integrate code and outputs directly within the document. ### **Jupyter-Compatible Code Execution** Telemetry Mode supports code execution in various popular languages for financial research and data analysis, such as Python (Default), JavaScript, and SQL. This makes it an ideal tool for quants, analysts, and researchers who require more than static reports. Users can run complex analyses, retrieve real-time financial data, and display results without leaving the notebook. ### **Collaborative Environment** Like the rest of the Memos feature, Telemetry Mode supports real-time, multi-user collaboration. Teams can work together on the same notebook, running and modifying code blocks simultaneously. Version control ensures that changes are tracked, making it easy to revert or compare previous iterations of analyses. ### **Dynamic Data Inputs** Telemetry Mode allows for dynamic inputs, where users can define variables within the document and adjust these values across the entire notebook. This is particularly useful for financial modeling, where analysts can change assumptions (e.g., growth rates, discount rates) and see how these changes affect different sections of the report in real-time. Thanks to [Sources](/fundamentals/memos/sources) as well, you can pull in [Assumptions](/fundamentals/valuations-legacy/assumptions) and other variables unique to your team for bespoke, streamlined research. ### **Rich Visualizations** Users can generate visual representations of their data directly within the notebook. The platform supports: * **Charts and Graphs**: Line charts, bar charts, pie charts, scatter plots, etc. * **Financial Models**: Sensitivity analysis tables, discounted cash flow (DCF) models, and more. All visualizations are interactive and can be embedded seamlessly into the text, making it easy to explain the underlying assumptions and outputs of your analysis. ### **Code Block Support** In Telemetry Mode, users can insert executable code blocks anywhere in the notebook. These blocks support various types of analysis: * **Data Import**: Pull data from APIs, CSVs, or databases. * **Financial Analysis**: Run financial calculations and create valuation models. * **Quantitative Research**: Integrate machine learning models, regression analysis, or any complex quantitative technique. * **Statistical Testing**: Perform hypothesis testing or statistical analysis. Each block is executed "on the fly", and the results are displayed directly below the block, allowing for immediate review and further commentary. ### **Notebook Cells** Users can break down the notebook into **cells**, which can be rearranged, run individually, or executed in sequence. These cells support the following types: * **Code Cells**: Execute Python, JavaScript, or SQL queries. * **Markdown Cells**: Add rich-text commentary, headings, and explanations. * **Output Cells**: Visualize results from code execution, including dataframes, charts, or statistical outputs. Users can also clear or rerun specific cells without disrupting the flow of the entire notebook. ### **Version Control and Comments** * **Version Control**: Track all changes made to the Memo in Telemetry Mode. Users can revert to earlier versions or compare different versions side by side to identify changes in analyses or conclusions. * **Comments**: Team members can leave contextual comments on specific sections, code blocks, or cells, allowing for threaded discussions and feedback. ### **Export to PDF, HTML, and More** Telemetry Mode allows users to export their memos, including any code, outputs, and visualizations, into various formats such as **PDF**, **HTML**, and **Markdown**. This makes it easy to share results with stakeholders or archive completed reports for compliance or future reference. ### **Security and Privacy** Security is a top priority, and Telemetry Mode comes with robust access controls. Users can define who has read, write, or execute access to specific memos. {% hint style="info" %} All code execution occurs in secure, isolated environments, ensuring that sensitive financial models and data remain protected. {% endhint %} ## Use Cases 1. **Investment Memo with Integrated Valuation Models** Analysts can build comprehensive investment memos that not only outline qualitative insights but also include live financial models (e.g., DCF, comparables). The dynamic inputs allow for immediate adjustments to assumptions, while the code blocks handle complex calculations and display updated valuations within seconds. 2. **Collaborative Research Reports** Research teams can work together on quantitative reports, where analysts input code for retrieving market data, running simulations, or analyzing performance metrics. Team members can comment on different cells, share visualizations, and refine outputs in real-time. 3. **Quantitative Analysis & Statistical Testing** Quantitative researchers can use Telemetry Mode to run statistical tests, model future performance, or optimize portfolios directly within their memos. The ability to work in multiple programming languages ensures flexibility for sophisticated models. 4. **Financial Research Presentations** Directors of research can use Telemetry Mode to create interactive presentations for stakeholders. These memos not only contain text but also live models and visualizations, making it easy to demonstrate how various factors affect financial outcomes. ## Getting Started with Telemetry Mode 1. **Enable Telemetry Mode**: Simply click the dropdown menu in the top-right of any Memo, and click on the "Enable Telemetry Mode" button. 2. **Insert Code Blocks**: Add executable code blocks anywhere in your memo by clicking the "+" button and selecting "Code Block." 3. **Run Code**: After writing your code, click the "Run" button, and the results will be displayed directly in the memo. 4. **Collaborate**: Invite team members to join your memo, work together on the analysis, and leave comments or suggestions in real-time. Telemetry Mode turns your investment memos into powerful, interactive research hubs, combining qualitative insights with quantitative rigor for a next-generation institutional research experience. # Teams Create, invite, and organize members and their visibility on investments and valuations. **Teams** allow you to collaborate seamlessly with colleagues and manage access to financial research, data, and insights within the platform. Whether you're working in a small team or an enterprise-scale organization, Teams provide a centralized way to share insights, assign roles, and maintain control & visibility across your workspace. # Actions # Tabs # Overview # Members # Settings # Pipelines Streamline and visualized the entire flow of your team's investment process.

## What are Pipelines? Pipelines are designed to help workspace members streamline and monitor the progress of their due diligence process. Whether you are working individually, with a team, or managing an entire workspace, Pipelines provides an intuitive and organized way to track your research progress using "swimlanes" and list views for your boards. ## Features of Pipelines in Countercyclical ### Swimlanes and List Views * **Swimlanes View**: Visualize your workflow by moving tasks through different stages. This drag-and-drop interface makes it easy to see the status of each investment at a glance. * **List View**: Get a detailed, linear view of all tasks, perfect for those who prefer a more traditional approach to task management. Each item can be expanded for more details and actions. ### Customizable Stages * **Stage Creation**: Define the stages that fit your workflow. Common stages might include "Research", "Analysis", "Approval", and "Completed", but you can customize these to fit your specific needs. * **Flexible Management**: Easily add, remove, or rearrange stages as your project evolves. ### Pipeline Visibility * **Individual Pipelines**: Manage your personal tasks and track your progress on individual investments. * **Shared Pipelines**: Collaborate with colleagues by sharing pipelines. Track the progress of group projects and ensure everyone is on the same page. * **Team Pipelines**: For larger teams, create pipelines that encompass the entire team's workflow. This ensures transparency and coordination across different members and departments. * **Workspace Pipelines**: Manage the progress of all investments within a workspace. This is ideal for overseeing multiple projects and ensuring consistent progress across the organization. ### Item Management * **Prioritization**: Mark tasks with different priority levels to indicate their importance and urgency. ### Integration Investments * **Seamless Integration**: Link your investments directly to your pipelines. This ensures all relevant information is easily accessible and up-to-date. * **Data Syncing**: Automatically sync data from your investments with your pipeline, providing real-time updates and accuracy. ## Getting Started with Pipelines ### Creating a Pipeline 1. **Navigate to Pipelines**: From the main dashboard, select the Pipelines tab. 2. **New Pipeline**: Click on the "Create New Pipeline" button. 3. **Customize Stages**: Define the stages that best suit your workflow. 4. **Add Tasks**: Start adding tasks to your pipeline by specifying details such as task name, assignee, due date, and priority. ### Managing Items in your Pipeline * **Drag and Drop**: In the kanban view, simply drag tasks between stages to update their status. * **Detailed View**: Click on any item to view and access it ### Collaboration * **Sharing Pipelines**: Share your pipeline with other users by adding them as collaborators. * **Permissions**: Set permissions to control who can view or edit tasks within the pipeline. With Pipelines, you can enhance your project management, ensure seamless collaboration, and keep track of your due diligence process from a high-level with ease. {% hint style="info" %} Have any questions or feedback? Feel free to reach out at {% endhint %} # Relations Relationship & business intelligence feature add-on for managing your professional relationships alongside your existing investment research & due diligence. Relations is a power feature in Countercyclical that replicates much of the functionality that you get in modern-day, enterprise-grade Customer Relationship Management (CRM) tools. However, unlike those other tools, Relations in Countercyclical is integrated directly into our investment research and due diligence platform, giving you and your team your bandwidth and attention back without the need for costly context switching between different tools. By providing access to your team's full communication history with every company and individual over time, you'll be able to gauge the strength of your relationship with each company or person, identify who holds the strongest connections, and track the most recent interactions. Relations is specifically designed to cater to the needs of asset managers, enabling these asset allocators to manage and nurture relationships with their clients, stakeholders, and key contacts effectively. Leverage your connections for better investment outcomes today with Relations! # Dashboards Build elegant, feature-rich reports in a matter of seconds, not days. # Lists Build custom contact lists for people or companies based on dynamic attributes for every entry. # Notes # Tasks # Terrace Countercyclical's proprietary AI feature that's been purpose-built for surfacing off-balance sheet (OBS) liabilities such as synthetic leverage, variable interest entities (VIEs), guarantees, and more

## Terrace **Terrace** is Countercyclical’s AI-powered risk analysis engine designed to detect off-balance sheet liabilities, hidden leverage, and unreported financial exposures in corporate filings. It integrates seamlessly into our institutional-grade research platform and provides analysts with verifiable, source-linked insights. *** ### What Terrace Does Terrace analyzes structured and unstructured financial documents—such as SEC filings—to uncover *n-order* risks that may not be visible in traditional balance sheet analysis/due diligence processes. Each insight Terrace generates includes: * A concise risk observation * A confidence score * Direct source attribution (quote, section, and link to EDGAR) * Optional user ratings and feedback *** ## FAQ

How does Countercyclical approach user data & privacy as it relates to AI?

We take user data and privacy very seriously, and Countercyclical **does not** provide any user data to AI models. Given that Terrace is a feature add-on available only to users actively paying for the service, we perform strict server-side/back-end validation checks to see if a user has access to the feature, alongside their ability to generate insights for companies for every request made.

Where can I learn more about Countercyclical's AI practices?

You can visit our trust & security center at [https://security.countercyclical.io](https://security.countercyclical.io/) to learn more about how Countercyclical uses AI. Please send us an email at if you have any questions

# Profile Quickly access & manage your profile information. Your **Profile** allows users to manage their information and visibility on certain resources in the workspace. *** ### **Accessing Your Profile** To view or edit your profile: 1. Click on the Profile button in the bottom-left of the sidebar. The profile page is divided into several sections to help you manage different aspects of your account efficiently. *** ### **Profile Information** Your **Profile Information** contains personal details that help identify you within the platform. #### **Fields** * **Role / Title:** Your professional role or title, visible to team members (optional). #### **How to Update Profile Information** 1. Navigate to the **Profile Information** section. 2. Edit the fields you'd like to change. 3. Make your changes and click **Save Changes** to confirm. *** {% hint style="info" %} Have any questions or feedback? Please reach out to us at {% endhint %} # Bookmarks Save your favorite links to your own profile for quick access.

Bookmarks are designed to enhance user experience within the platform by enabling users to save links to their profile for easy access and reference at a later time. By utilizing Bookmarks, users can streamline their workflow, organize important information, and efficiently navigate through the platform. ### Creating Bookmarks Users can create bookmarks by clicking on the "Bookmark" button located on supported pages or resources within the platform. ### Customization Each bookmark can be personalized with a custom alias for easier identification and organization. ### **Privacy-First** Bookmarks are private to the user and aren't shared with other groups within the platform. {% hint style="info" %} This is not to be confused with [Team Bookmarks](/fundamentals/teams), which are Bookmarks shared amongst a team. {% endhint %} ### Editing and Deleting Users have the ability to edit or delete bookmarks as needed, providing flexibility in managing their saved links. # Tabs # Overview # Assumptions ### # Custom Rows {% hint style="info" %} We're reworking this feature to provide our users with a better user experience. Please stay tuned for more! {% endhint %} # Templates Create reusable preferences across the investments and valuations you create in your workspace

Profile -> Templates -> New Template (Investment)

# Scorecard # Settings Make adjustments to your account and workspace, manage your plans, and more. # Account Account-level settings such as general information & preferences, account security, and managing your plan # General Manage your account-specific information easily ## Account User verification is a process that allows us to add an extra degree of authentication to your account to ensure you truly are who you say that you are. ### Steps for Account Verification {% hint style="warning" %} In order for a user to be verified, a [verified domain](#step-1-add-a-verified-domain-to-your-workspace) has to first be added the workspace and the email address used on the account has to use the verified domain. Generic emails (@gmail.com, @live.com, etc.) cannot be verified. {% endhint %} #### Step #1 - Add a Verified Domain to your Workspace Verified domains make it easier for your teammates to join a workspace. [Workspace Admins](/fundamentals/settings/workspace/permissions) can add a verified domain to your workspace. Only available for Pro and Enterprise plans. #### Step #2 - Initiate Account Verification In the first section titled "Account", click on the button labeled "Verify". We will send you a verification link to the email listed on your account. #### Step #2 - Check your Email Please check your email and click on the verification link. Please do note that the verification link will expire 24 hours after sending. If you need to resend the verification link to your email, please complete the prior steps again. #### Step #3 - Check for Verification Once your account has been verified, you should then have a blue badge displaying next to your name on your Profile page. If you change your email at any point in the future, you will have to go through this verification process again. {% hint style="info" %} If you run into any issues while verifying you account, please reach out to us at . {% endhint %} ### Change your Password ### Authentication Method Countercyclical currently supports a few different types of authentication methods: * Google * Microsoft * Magic Link * SAML SSO (Enterprise Only) ### Danger Zone The following section relates to actions that are irreversible once performed. #### Deleting your Account {% hint style="danger" %} Please read the following section as well as [Deleting your Workspace](broken://pages/hmB7IVUOqN7q0wuMjM7X) to understand the impacts associated with deleting an account. {% endhint %} # Connected Accounts Connect third-party services to Countercyclical.

{% hint style="info" %} The type of services a user can connect to their Countercyclical account depends on their plan. For more information, please visit {% endhint %} ## What are Connected Accounts? Connected Accounts are third-party services that users can optionally link to their existing account on Countercyclical. This feature is most commonly used in conjunction with other features, such as [Model Syncing](/fundamentals/search/model-syncing). # Google Sheets Sync fundamental data directly to Google Sheets. # Google Drive Connect your Google Drive to search for files in your Command Palette without leaving Countercyclical. # Preferences Manage your account-level preferences to optimize and tailor a workspace that's just for you. ### Theme Countercyclical currently has two theme: * Light Mode (Default) * Dark Mode You can also set your theme to be your system's default. ### Display Display preferences include personalized options such as layout types (default vs. company) as well as hiding tooltips or enabling a lock screen after a certain period of inactivity. ### Resetting Preferences In the event you want to reset your preferences back to their default state, you can do so under this section. # Notifications Trigger custom alerts based on certain actions performed on the platform {% hint style="info" %} This feature is generally available on Enterprise plans. Please [reach out to us](mailto:enterprise@countercyclical.io) for more information {% endhint %} --- [Next Page](/llms-full.txt/1)