Data beats opinion >>> weekly update on alternative data

1. Dataset of the week: E-commerce data provider.

2. Case study of the week: Pricing pressure for China Autos.

3. Research question for a Bespoke Project: Which alternative datasets can be used to assess which banks are leading/lagging in consumer acquisition?

4. Events: Eagle Alpha is presenting today at the Citi annual quant conference in Budapest.

5. Dataset access: A global trade nowcasting data provider is doing meetings in London on June 26-30th.

6. Articles of the week: Alternative data for risk management, AI and the hedge fund industry, EU goes against the global grain to protect privacy.

7. Update on Eagle Alpha’s offering.

 

1. Dataset of the week: E-commerce data provider.

Vendor Overview: This vendor provides access to a database of normalized e-commerce product and pricing data based on proprietary web crawling of over 1,000 websites.

Dataset Overview:

  • History: Since 2012
  • Geography: U.S. and U.K.
  • Delivery: API or CSV.

Alpha Use Cases:

  • Track product and category assortment and how it compares to competitors.
  • Analyze price promotions and associated effect on sales in subsequent periods.
  • Estimate short and long-term trends in average selling prices.

Our database has 488 providers. Contact us for more information: enquiries@eaglealpha.com.

2. Case study of the week: Pricing pressure for China Autos.

On May 9th 2017, we published a research note analyzing China Autos sector using Chinese bank card data.

Chinese car sales have slowed down this year according to official figures from the China Automotive Information Net (CAIN) that showed 4.8m retail unit sales in Jan – Mar 2017 vs. 5.4m for the same period last year.

Our analysis of Chinese bank card data demonstrated that the downward trend continued into April with the market experiencing pricing pressure for both economic and luxury models. We concluded: “Sustained pricing pressure is evident in the luxury market, and this is likely to negatively impact margins for both dealers and manufacturers.”

We showed a strong correlation between the CAIN data and indices based on bank card data from our partners. A correlation of 78% was recorded in the case of unit sales of economic vehicles and 71% in the case of luxury autos.

The full Data Insights report can be accessed via this link.
Every month going forward, we will provide one of our Data Insights reports for free.

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

3. Research question for a Bespoke Project: Which alternative datasets can be used to assess which banks are leading/lagging in consumer acquisition?

Contact us to receive a document outlining the answer.

4. Events 

  • Eagle Alpha is presenting today at the Citi annual quant conference in Budapest.
  • We are a sponsor of 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 in July]: 2) legal considerations [London in July]; and 3) data showcase events [NYC and London tbd].

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: A global trade nowcasting data provider is doing meetings in London on 26-30th June. Contact us to book meetings.
  • Events: the next data showcase events in New York and London will be in July.

6. Articles of the week

New to the Risk Management Tool Kit: Alternative Data.

AI and The Hedge Fund Industry.

GDPR: EU Goes Against The Global Grain To Protect Privacy.

7. Update on Eagle Alpha’s offering

There are 6 parts to our offering (see below). Next week we will be starting a Series A funding round – please reach out to our CEO if that is of potential interest.

1. Teach-ins: some firms are using our teach-ins to train new in-takes.

2. Bespoke Projects: send us a research question and we will respond with a proposal outlining how alternative data can add value.

3. Thought Leadership: we gave a 2 hour presentation last week to a quant society about Google Trends. Contact us to obtain the presentation.

4. Data Insights: our coverage on the equity side is primarily US consumer and technology companies. Contact us to obtain samples of our output.

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

6. Data Sourcing: we have started a project to provide detailed profiles, based on a survey of 10 clients, for all 500 datasets.

Data beats opinion,

The Eagle Alpha Team

www.eaglealpha.com