A special thanks to Eagle Alpha advisor Gene Eskster whose input was invaluable.
Negative growth in active job listings and Google search data were used to correctly call worsening momentum for Chipotle.
We arranged this interview with a provider of in-store and street-level location data to learn more about potential applications.
We arranged this interview with a provider of email receipt data to learn more about potential applications. The data is gathered from aggregated purchase receipts extracted from the US-based panel of email and assistant mobile app users’ mailboxes.
Trade nowcasting indicators provide valuable insights into international trade and industrial production.
Over the last 2 weeks Eagle Alpha has presented at 7 alternative data events worldwide. The events were in London (Citi and Accenture/Investit events), Charleston (Citi equity derivatives conference), Hong Kong (BoA and Factset events) and Singapore (Factset and Quantcon).
Cross-sectional analysis of our partner dataset, performed by J.P. Morgan, generated annualized returns of 16.2% and a Sharpe ratio of 1.13.
Testing shows that there is alpha in the data, with the “Jobs Active” variable producing the highest and most consistent returns (6-8% yearly).
SpaceKnow developed products for monitoring economic activity for a wide variety of both consumer and enterprise clients through AI-powered satellite image analysis tools.
Analyzing job listings data, from an Eagle Alpha data partner, can reveal insights on company fundamentals.
Like expert networks in the late 1990s, alternative data may revolutionize the investment process. This is evidenced by a JPMorgan survey of 237 investors at its quant conference in May 2017.
Traditionally considered a relatively safe investment, recent municipal bankruptcies and defaults have resulted in the restructurings of bond obligations. Losses on the part of bondholders have caused investors to re-assess the risk profile of municipal issuers.
