In this note we highlight a use-case for estimating iPhone sales using data from our trade data partner. Please see below for further use cases of the data.
The attached paper titled 'What Do Measures of Real-Time Corporate Sales Tell Us About Earnings Surprises and Post-Announcement Returns?' was prepared by Kenneth Froot (Harvard University), Gideon Ozik (EDHEC-Risk Institute), Namho Kang (University of Connecticut) and Ronnie Sadka (Boston College).
Since 2011, the Federal Reserve Board has published its survey on the usage of mobile phones and interactions of consumers with financial institutions.
Eagle Alpha has partnered with one of the world's largest transportation and logistics companies that launched a product that enables asset managers to obtain alpha from trade data.
Foursquare predicts the overall 2016 Black Friday foot traffic to be 3.5% down compared to 2015.
The Bank of England is one of the first major institutions actively using alternative data sources in its work. In 2011, the Bank published a paper titled “Using internet search data as economic indicators” where the benefits of using online search data were identified. These are:
Eagle Alpha analysts have spent over two years finding the best way to use online search data to predict economic indicators. We have devised our own proprietary methodologies that leverage all relevant academic research, as well as accepted best practice in the field.
Card spend on new houses increased across all Tier cities in September 2016, according to Eagle Alpha’s Chinese credit card data partner.
On the 1st of June 2016, the International Data Corporation (IDC) updated their smartphone shipments growth forecast to 3.1%, which represented a 2.6% drop compared to the previous forecast.
Consumer transaction data can be highly informative and, in certain cases, predictive. Bank of America Merrill Lynch uses its debit and credit card data to analyze the US economy and retail sales, in particular.
There has been an increasing momentum on the topic of alternative data. The Economist, Fast Company, HFM Week (attached) and Wall Street Journal have all recently published articles with an industry overview. Below are interesting datasets that were mentioned.
On the 29th of July, we published a research note on Fitbit highlighting the company’s success both in activity tracker and running watch categories. Two new products were launched in Q1 of 2016, the Blaze and the Alta, and gained significant market shares in Q2.
