Data beats opinion >>> your weekly update on the alternative data space

1. Dataset of the week: a global mobile app download and usage data provider.

2. News article of the week: a new 1 billion AUM hedge fund to incorporate alternative data.

3. China autos: average transaction price of luxury models falls significantly in November.

4. How much is your personal data worth?

5. Deloitte’s Casey Quirk survey: leading managers are developing data about customers and markets to fuel proprietary analytics.

1. Dataset of the week: a global mobile app download and usage data provider.

Vendor Overview: This data provider delivers actionable app market intelligence including download, revenue and usage data for every mobile app in the world. The data enables investors to track activity in a wide range of sectors from banking to food delivery to online entertainment.

Dataset Overview:

  • History: Since 2013.
  • Geography: Worldwide.
  • Delivery: API or CSV.

Use Cases:

  • Provides insight into a company’s ability to meet revenue and earnings guidance. Eagle Alpha’s data testing showed high correlations between app metrics and revenue growth for GrubHub, Yelp, and Fitbit.
  • SDK installation analysis shows adoption of advertising services such as Google Adwords and payment processing services.
  • Analyze which companies are leaders in gaining customers via mobile apps (e.g. mobile banking)
  • Analyze trends in consumer entertainment and social media.

To learn more about this dataset email enquiries@eaglealpha.com.

2. News article of the week: a new 1 billion AUM hedge fund to incorporate alternative data.

Manoj Narang, ex-Tradeworx founder and CEO, has set up a new hedge fund called MANA Partners that is planning to employ quant and alternative data strategies. The fund will open on 3 Jan 2017 with around $1 billion AUM.

Mr. Narang recently gave an interview to Business Insider explaining current trends within the asset management industry and how he plans to position his new firm. When asked whether he is planning to incorporate datasets like credit card transactions or foot traffic, Mr. Narang replied that ‘there’s no data we would not be interested in.’

Mr. Narang argues for automating traditional investment strategies rather than ‘taking a purely data-driven approach’ as he views fundamental knowledge of how markets and companies operate as the main barrier to entry.

3. China autos: average transaction price of luxury models falls significantly in November.

On 13 December 2016, Eagle Alpha published a research note on China autos with the following potential implications: “Bank card data from our data partners indicates that the Chinese autos market was strong in November for both economic and luxury models. However, the average transaction price of luxury models has fallen significantly. The introduction of a new 10% tax on luxury models may cause manufacturers and dealers to cut prices further.”

Average Transaction Price Shows Strong YoY Growth in November

To discuss the report with our analysts email enquiries@eaglealpha.com.

4. How much is your personal data worth?

The following infographic was prepared by the University of North Carolina. It explores the business of data brokers, types of datasets collected and how much brokers sell them for.

5. Deloitte’s Casey Quirk survey: leading managers are developing data about customers and markets to fuel proprietary analytics.

The recent paper prepared by Deloitte’s asset management consulting arm Casey Quirk discusses different strategies that leading managers use in order to compete on the global scale. Data on customers and markets was highlighted as a main competitive advantage:

“Data about customers and markets that fuel proprietary analytics, as the industry divides into two camps of competitors: those with access to information about clients and markets, and those forced to buy that intelligence.”

Teach-in

Schedule a teach-in to learn about alternative data in detail. The teach-in includes all the contents of the starter pack and a tailored teach-in that can include:

  • Overview of the 20 categories of alternative data e.g. geo-location, store locations, trade.
  • Discussion of the 6 stages of integrating alternative data into an investment process.
  • Discussion of the 9 top challenges integrating alternative data into an investment process.
  • Review how other buyside firms have approached alternative data.
  • Review case studies that demonstrate how to get value from alternative data.
  • Insights from alternative data experts that Eagle Alpha has interviewed.
  • Legal and compliance discussion e.g. data provenance, exclusivity, web crawling.
  • Recruitment discussion e.g. types of people to hire, introductions to candidates.

Benefits:

  • Leverage Eagle Alpha’s 4+ years of experience to learn about the alternative data space.
  • Discuss the alternative data space with our founder, who will lead the teach-in.
  • Customise the teach-in to meet your specific needs.

Price – US$ 5,000.

To purchase, email enquiries@eaglealpha.com.

Until next week,

Eagle Alpha.