> For the complete documentation index, see [llms.txt](https://docs.tickertrends.io/tickertrends/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tickertrends.io/tickertrends/documentation-v2/4.-features-and-workflows/private-markets.md).

# Private Markets

Research available private-company indicators and estimate context.

### Research private-company indicators

**Private Markets** supports research on covered private companies. Use available directional signals, estimates, catalysts, and valuation context alongside independent research.

### Private-company forecasts

Private-company research can include forward-looking estimate context. Review estimated values and growth indicators as directional research inputs.

Coverage varies by company and entitlement. Use available estimate, revision, and catalyst context to investigate changes.

### Revisions and historical error

Estimate revisions show how the current view has changed. Historical error can provide limited context for prior estimates.

Use revisions and historical error with independent research. Neither provides an assurance of accuracy.

### Valuation and catalysts

Use valuation and catalyst context as research inputs. Catalyst classifications are estimates and do not establish causation.

### Universe scope

Use the **Universe** control to define the companies shown in supported screeners:

* **Public** — Listed companies only.
* **Private** — Private companies only.
* **All** — Public and private companies together.

The selected scope applies to the active screener workflow. Available modes and data depend on the user's access level.

### Suggested workflow

1. Select **Private** in the **Universe** control.
2. Screen available estimates, revisions, or catalyst indicators.
3. Review definitions, historical context, and valuation context.

Use **All** when comparing covered private and public entities.

Private-market values and classifications may be estimated, incomplete, delayed, or revised. They do not represent private operations or guarantee outcomes.