Buyside Newsletter

We are extremely excited to announce another pioneering addition to our Data Sourcing solution. Alpha Capture is the first tool to help buyside firms identify and prioritize datasets that deliver actionable, alpha-generating data. With Alpha Capture, data vendors submit trade ideas or forward looking use cases based on interesting insights from their datasets, which gives fund managers the first-ever opportunity to value alternative datasets and ascertain, at scale, the real potential for alpha.

Our new proprietary dataset Ticker Signals tracks investor attention towards stocks of the top 1,000 US companies by market capitalization by analyzing trends of over 3,500 online search terms on a weekly basis. In addition to the high frequency and wide coverage, users have access to 10 years of historical data, mapped to an identifier of their choice. Contact us for a free trial.

Eagle Alpha’s Sales Signal indicators are showing mixed trends across the retail sector in the July quarter.  For example, the sales signal for Children’s Place is very positive while the signal for Tiffany is down significantly for the quarter. While the Specialty Retail sector index improved sequentially it is still lagging the Restaurant and QSR segment in terms of consumer search interest.

We are delighted to announce a US$2.4m funding round, our largest since incorporation back in 2012. The primary use of proceeds will be the expansion of our data science, engineering and sales teams.

Last week, Netflix missed its subscriber expectations by 46%, the first quarter in history where they’ve lost users in the U.S. As a result, its share price fell 15%. Whilst many investors were caught off guard, funds that used App Data were better informed.

Eagle Alpha’s first whitepaper for corporates was published today. We illustrate how corporates can unlock the potential of alternative data for acquisition, competitive analysis, manufacturing, customer insights, R&D and more. Download the whitepaper here.

Recent analysis of data related to AMAT, KLAC and LRCX gives us cause to question the expected rebound in the semiconductor capital equipment sector.

We are seeing high demand for employment related datasets across all our solutions. We recently launched the LinkUp employment dashboards on Eagle Edge and we’ve demonstrated use cases for companies such as Amazon, Google, Apple, Facebook, Microsoft, Best Buy, GAP and Limited Brands. We are assessing other employment related data vendors as candidates for the Eagle Edge platform.

Eagle Alpha is pleased to announce the launch of its new alternative data solution for private equity due diligence. The targeted solution will now enable private equity firms to acquire alternative data on a per company basis instead of an entire dataset and a pay-as-you-go basis over an annual license.