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

1. Dataset of the week: UK consumer confidence search index.

2. Case study of the week: S8 pre-orders surpass S7’s. Samsung (KRX).

3. Research question: How is Monster Beverages doing internationally?

4. Events: 140 people are registered to discuss the legal considerations of alternative data.

5. Dataset roadshows: A trade nowcasting dataset is in NYC this week.

6. Articles of the week: Big data applications in economics and finance, big challenges in big data, Larry Fink says BlackRock’s not substituting machines for humans.

7. Our product: “Lessons Learnt” will launch in May.



1. Dataset of the week: UK consumer confidence search index.

Vendor Overview: Eagle Alpha analysts have spent over three years finding the best way to use online search data to improve on a baseline model of GfK Consumer Confidence approvals. The data is also generated as a by-product of people’s normal day-to-day activity, as opposed to traditional survey methods which rely on individuals or firms responding to survey questions after the event. This can avoid problems associated with non-response or inaccurate responses.

Dataset Overview:

  • History: Since 2004.
  • Geography: U.K.
  • Delivery: Excel/CSV.

Use Cases:

  • UK Consumer Confidence dataset consists of an index derived from a series of searches relating to consumer spending in the UK.
  • Our Index has a 5-year correlation of 0.96 with the US unemployment rate and an out-of-sample prediction improvement of 8% over a baseline (autoregressive) model over the same period.

Our database now has 487 providers. Contact us for more information –

2. Case study of the week: S8 pre-orders surpass S7’s. Samsung (KRX).

Last week we discussed our report on Samsung S8 launch and how online data supported the company’s aggressive sales target. We used Eagle Alpha’s Web Queries tool, search data and online pricing to give a read on initial reaction to the product, and some early indication on likely success.

Today, Samsung’s mobile chief said that S8 pre-orders exceeded those of S7: “It’s still a bit early, but initial response to the pre-orders that have begun at various places across the world have been better than expected.”

All the data and tools used in the report are available via Eagle Alpha. Contact us to learn more:

3. Research Question: How is Monster Beverages doing internationally?

In order to answer this research question, we recommend tracking sales of newly launched consumer products in international markets.

This can be done by obtaining a bespoke feed from a data provider at a SKU level. The data is updated weekly. Contact us to learn more.

4. Events.

140 people have registered for the legal considerations event in NYC and 83 for London. Contact us to register.

We completed a detailed wrap of our last data showcase events. Contact us for a copy.

5. Dataset roadshows.

Trade nowcasting dataset: New York (this week).

6. Articles of the week.

Big Data Applications in the Economics/Financial World Part I: Opportunities and Challenges.

Big challenges in big data.

We are not substituting stock-picking machines for humans, says BlackRock’s Larry Fink.

7. Our product: “Lessons Learnt” will launch in May.

Clients have asked us to add a “Lessons Learnt” section to our Thought Leadership offering.

This will launch next month. Contact us if you would like to learn more.

Data beats opinion,

The Eagle Alpha Team