Transparency

Where every number comes from.

ImpliedLens labels the providers and calculations behind its research surfaces. Here is where the data comes from and how it is used.

Marketstack

Supplies licensed end-of-day price history and 15-minute intraday bars (IEX) for charts, quotes, alerts, momentum grades, valuation ratios and the market summary. Licensed for commercial use. Daily bars are split-adjusted, not dividend-adjusted. Graded companies are refreshed every few trading days; stocks you open are refreshed on demand.

Freshness: Show the date of the latest daily bar, or the time of the latest intraday bar. Intraday bars come from the IEX exchange and can differ slightly from the consolidated price.

Price charts and quotesMomentum grades and Lens Timing inputsValuation ratios (price-based)Price alertsMarket summary (SPY, QQQ and DIA as index stand-ins)
Yahoo Finance

Supplied price charts before the licensed Marketstack feed. It is used only until that feed is connected and is switched off automatically after. Temporary. Not used once Marketstack is configured.

Freshness: Label any chart drawn from it as a legacy source.

Legacy price charts (temporary)
SEC EDGAR

Supplies the ticker-to-CIK map, issuer-filed XBRL company facts, filing history, insider Form 4 filings and links to original filings. Every LensScore grade input except prices comes from here. These are issuer-reported filings and facts. Amendments, restatements, taxonomy differences, and reporting lags can affect comparability; critical figures should be checked against the original filing.

Freshness: Retain the filing date for each reported fact. Retrieval time does not replace the reporting period or filing date.

LensScore grades (profitability, growth, health, value inputs)Financial statements and earnings historyInsider buying and selling (Form 4)Expected earnings dates (from past results filings)10-K, 10-Q, 8-K, DEF 14A, and related filing linksIssuer identity and filing metadata
FINRA OTC Transparency

Supplies weekly OTC share-volume, trade-count, and notional aggregates used in the institutional research surface. The route's legacy name is not a description of the data. FINRA weekly OTC aggregates are not venue-level dark-pool order flow and are not a live short-interest feed.

Freshness: Label the covered week and describe the result as delayed, aggregated OTC activity.

Weekly OTC share volumeWeekly OTC trade countsWeekly aggregate notional activityReported venue-count context

Data Freshness and Delays

Timing varies by provider, exchange, instrument, and market session. ImpliedLens displays the provider observation time when available and identifies fallback sources; it does not infer a guaranteed delay from the chart interval. Daily OHLCV history reflects the provider's latest completed trading day. Company figures follow each company's SEC filing schedule, and FINRA OTC data is published on a delayed basis. ImpliedLens does not show analyst ratings, estimates or price targets.

Reported, Derived, and Modeled Data

ImpliedLens separates provider-supplied observations from derived calculations and user-controlled models. Reported figures come from connected providers or SEC filings. Ratios, indicators, projections, intrinsic-value estimates, and wealth scenarios are calculations whose reliability depends on their inputs and assumptions. Missing provider fields are shown as unavailable rather than silently invented.

LensScore Calibration Status

LensScore 2.0 grades each company on five factors as percentiles against its sector peers, using figures from each company's own SEC filings and licensed daily prices, then ranks the weighted result across every graded company. Daily snapshots of every score restarted when the grades moved to SEC filings in October 2026, and the leaderboard publishes how each score band has performed since, with real prices and every company included. Until that record covers a meaningful period, no performance claim is made. The earlier timing diagnostic is still available.

Important: Data accuracy depends on the upstream providers. ImpliedLens is not responsible for errors, delays, or omissions in data supplied by Marketstack, Yahoo Finance, SEC EDGAR, FINRA OTC Transparency. Always verify critical figures against primary sources before making investment decisions.

Screener Data

The stock screener evaluates a curated universe of widely followed companies using current quotes and company metrics, then filters and sorts the results server-side. Results reflect the latest data available from upstream providers and may not capture every intraday move.

Market Overview and Movers

The homepage market overview requests current index and market-benchmark quotes through the same resilient quote pipeline used elsewhere in ImpliedLens. Preview market data does not count toward the daily analysis limit.

Charting Library

Price and index charts on ImpliedLens are drawn with TradingView's Lightweight Charts™, used under the Apache License 2.0.

Lightweight Charts™
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