Alternative Data Newsletter #67 – April 19th, 2018

1. Events: Our next Data Showcase event will be held in NYC on May 31st.

2. Dataset Sourcing: The profile of an employment data vendor that is receiving the most 1-on-1s at the moment.

3. Data Analytics: Eagle Alpha’s “Search Signal” for TJX is inflecting to the upside.

4. Bespoke Projects: How can alternative data be used to track Tesla’s auto production, bankruptcy risk and consumer sentiment towards the brand?

5. Data Forum: On April 24th, we are hosting a meeting in NYC with buyside firms to discuss mapping datasets to financial instruments. 

6. Featured Articles: 1) Data monetization market is set to boom in 2025 and coming year; 2) Broad adoption [of big data] will mean better beta for all investors; 3) Two Sigma adds Google scientist for AI expansion.

1. Events 

Upcoming calendar:

  • April 24th, NYC: Meeting to discuss mapping datasets to financial instruments.
  • April 26th, NYC: A business insights data provider is meeting funds on a roadshow.
  • May 15th, online meeting to discuss testing datasets for quality.
  • May 30th, NYC: Our first data forum conference.
  • May 31st, NYC: Our data showcase event of hand-picked (invitation only) US vendors.

Register your interest by emailing enquiries@eaglealpha.com.

2. Data Sourcing

Points to note:

1) The profile of a data vendor receiving the most 1-on-1s at the moment:

  • This vendor offers a rich and unique view of the global labour force at a company, industry, and global level. The vendor maps half a billion individuals, more than 30,000 global public companies, and millions of private and non-corporate entities (government, education, military, healthcare, etc.) in order to capture workforce dynamics.

2) Clients get access to our semi-proprietary datasets e.g. we are launching a RevCast dataset imminently. Eagle Alpha’s RevCast indicators are company level revenue indicators, designed to predict quarterly revenues for major US consumer companies.

3) Examples of client requests:

  • What are the best alternative datasets to analyse the Russian retail banking sector?
  • What are the best datasets for upcoming IPOs?
  • What are the best ESG data vendors?

4) Upcoming roadshows:

  • April 24-26th, NYC: A telecoms ID solutions service provider is meeting funds. This vendor provides real-time insights in the wins and losses of customers between telecom operators.
  • April 25th, San Francisco: A sentiment data provider is meeting funds. This vendor provides sentiment data that predicts the market impact of central bank and corporate communications.
  • April 26th, NYC: A business insights data provider is meeting funds. This vendor provides over 250 metrics and 10 predictive factors covering almost all U.S. public companies. All metrics are based on verified & audited filings submitted by the companies themselves to the IRS and Department of Labor. The filings pertain to employee benefit plans, which include retirement (e.g., 401k) and welfare (e.g., healthcare).

Contact us to speak to our data hunting team: enquiries@eaglealpha.com.

3. Data Analytics

Eagle Alpha’s “Search Signal” for TJX is inflecting to the upside. Both the one month and three month signal are up sharply quarter to date. This is an early read on consumer demand for the quarter and appears to be quite positive for fundamentals.

While the signal is an early read on the quarter, it implies that consumer demand may lead to upside in same store sales in the current quarter or in company guidance.

 Eagle Alpha’s latest reports:

Contact us to speak to our analysts (who have 5 years experience working with alternative data): enquiries@eaglealpha.com.

4. Bespoke Projects

Eagle Alpha does Bespoke Projects for clients that are relevant to specific research questions. For example, how can alternative data sources give insights into e-cigarettes?

Contact us to receive examples of how alternative data can address this research question –enquiries@eaglealpha.com.

5. Data Forum

Points to note:

1) Upcoming meetings and conferences:

  • April 24th, NYC: Meeting to discuss mapping datasets to financial instruments.
  • May 15th, online meeting to discuss testing datasets for quality.
  • May 30th, NYC: Our first data forum conference.

2) We have produced the first draft of the standardised trial agreement and have set up a working group to finalize the document next month. Contact us to join the working group.

3) We published a 108-page report regarding the use cases of alternative data. This report is the fourth of a series of reports published by Eagle Alpha where we detail the best applications and case studies of alternative data, based on our five years of experience. Download the FREE report on www.eaglealpha.com.

6. Featured articles

Data Monetization Market Is Set to Boom in 2025 and Coming Year.

Broad adoption will mean better beta for all investors.

Two Sigma adds Google scientist for AI expansion.

Since 2012 Eagle Alpha has enabled asset managers to obtain alpha from alternative data – contact us to discuss your needs.