The aim of this project was to build revenue indicators for US software companies using online search activity as a barometer of future company sales.
Eagle Alpha Web Queries is a query based tool that enables our research analysts and clients to search multiple web sources e.g. review sites, blogs, forums, videos and Facebook.
Eagle Alpha’s trade data partner employs big data and predictive analytics techniques, and more than 25,000 times series, to forecast trade balance and industrial production statistics.
Starting with macro-related alternative data, we investigate the appeal of web search data to predict macroeconomic indicators which in academic literature shows some promising results.
According to Eagle Alpha, their China Auto Insight (CAI) dataset is provided through an exclusive partnership with a leading Chinese financial automotive consultant.
On 10 March 2017, Citi published a report titled “Searching for Alpha: Big Data.” 9 pages of the report are devoted to Eagle Alpha and our database of alternative data providers, including detailed case studies on 5 data sources.
Trade nowcasting indicators provide valuable insights into international trade and industrial production.
The data provides unparalleled granularity on shipping trends in a very timely fashion. This has demonstrated a strong relationship with multiple economic variables including trade balances and company revenues.
There are several advantages to using search data as a determinant of economic activity. The data is very timely, it has over 10 years of history, it is unique and offers unparalleled flexibility in terms of variety issues that can be analyzed.
Trade nowcasting indicators provide valuable insights into international trade and industrial production.
Asset managers use information derived from satellite data analytics providers to assist in their estimation of revenues of companies in various sectors, including retail, oil and gas and construction.
In this report, we demonstrate the value of Eagle Alpha’s China Auto Insight (CAI) dataset in analyzing the Chinese auto industry.
