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

1. Dataset of the week: Commercial real estate leasing.

2. Case study of the week: Upside in RingCentral’s same store sales predicted with Google Trends.

3. Research question for a Bespoke Project: How can trade data help track in real time the pace of economic growth in Japan and its balance of trade with China?

4. Events: Eagle Alpha presenting at conferences organized by JPMorgan and Citi.

5. Dataset access: Obtaining feedback on a potential ticker level dataset based on credit and debit card data.

6. Articles of the week: Finding value in satellite data, corporate events data.

7. Eagle Alpha’s offering.

 

1. Dataset of the week: Commercial real estate leasing.

Vendor Overview: This provider gathers real estate leasing data from a network of 9,000 qualified brokers, appraisers and researchers. Information about each property is received from an average of five different sources allowing the vendor to build a complete record of transactions.

Dataset Overview:

  • 120K buildings and 350K leases.
  • History: Since 2007.
  • Geography: U.S.
  • Delivery: Excel.

Use Cases:

  • Access all leases in chosen properties.
  • Analyze net effective rents.
  • Analyze market trends and growth rates.

Our database now has 490 providers. Contact us for more information: enquiries@eaglealpha.com.

2. Case study of the week: Upside in RingCentral’s same store sales predicted with Google Trends.

On April 10th 2017, Eagle Alpha published a research note analyzing search insights for RingCentral. The figure below shows that our index was gradually increasing in latest quarters. Furthermore, the 6M index just crossed above the 12M index which we interpreted as a bias to the upside.

In our report, we concluded: “Current momentum in the Search Signal Index implies the company should report consistent with recent quarterly reports, and potentially offer a positive outlook for future quarters.”

On April 25th 2017, RingCentral delivered its Q1 results raising next quarter and full year guidance. RingCentral’s Chairman and CEO Vlad Shmunis said: “Our solid results were primarily driven by the momentum we are seeing with mid-market and enterprise customers and with our enterprise reseller partners.”

Eagle Alpha’s Search Signal for RingCentral was a good directional indicator as total revenue grew 29% YoY and software subscriptions grew 30% YoY.

Contact us to learn about this dataset: enquiries@eaglealpha.com.

3. Research question for a Bespoke Project: How can trade data help track in real time the pace of economic growth in Japan and its balance of trade with China?

Contact us to receive a free bespoke project proposal.

4. Events 

  • Today we are presenting at the Citi Internet & Digital conference in London.
  • Tomorrow we will present at JPMorgan’s annual quant conference in NYC.
  • Next week will present to the QWAFAFEW chapter in Edinburgh.
  • We will present at the Citi annual quant conference in Budapest on 9th June.
  • We will attend the Learn 2 Quant event in NYC on 20th June.
  • We are working on a few more events before the summer sets in: 1) recruitment trends [NYC]: 2) web crawling – legal considerations [NYC]; and 3) data showcase events [NYC and London].

5. Dataset access

  • Pilot fishing: we are currently obtaining feedback from clients on a potential ticker level dataset based on credit and debit card data.
  • Roadshows: none this week.
  • Events: the next data showcase events in New York and London will be in July.


6. Articles of the week

Finding Value in Big Data: DigitalGlobe’s GBDX.

CEO Chat: Barry Star, Wall Street Horizon.

7. Eagle Alpha’s Offering

There are 6 parts to our offering:

1. Teach-ins: firms use our teach-in to catch up with the early adopters.

2. Bespoke Projects: lots of clients are asking us about footfall of US shopping malls at the moment.

3. Thought Leadership: clients use our events, proprietary content and lessons learned to stay on top of best practice.

4. Data Insights: discretionary clients value our google based indicators for 40 tickers.

5. Analytical Tools: clients use one of our tools to analyse product launches e.g. the Samsung S8 phone.

6. Data Sourcing: we are the only firm that has mapped 500+ alternative datasets and provides an advisory service to guide clients through the sea of data. Contact us if you would like to learn more.

Data beats opinion,

The Eagle Alpha Team

www.eaglealpha.com