Save The Date – Quandl is Hosting an Alternative Data Conference
Quandl
Quandl
Quandl will host the inaugural Alternative Data Conference in New York City on January 17, 2017. In an action-packed half day we’ll explore alternative data as the next source of alpha for quantitative investing, and share never-before-seen data from business operations, agriculture, insurance policies and more. Read More
Alternative Data Spend in U.S. to Double in Next Five Years
Yahoo Finance
Yahoo Finance
TABB Group has published what is likely the first analyst report on the future of alternative data, and estimates that spend on non-traditional data sets will double to $400 million in the next five years. While the full report is available only to TABB clients, its mere existence indicates growing interest in the field. Read More
Glassdoor Data Now an Input to U.S. Earnings
The Wall Street Journal
The Wall Street Journal
Job review company Glassdoor recently unveiled Local Pay Reports, a data product that provides real-time insights into wage trends in local markets around the U.S. As a corollary to government data, this could give investors more accurate eyes on company performance. But it comes at a price, and with a caution flag: how much do you trust the source? Read More
Quantamental Fundamentalism and the Donut Factory
Traders Magazine
Traders Magazine
Quantitative + Fundamental = Quantamental, says this piece, and argues that fundamental strategies will never go away. They will simply be augmented by quantitative research. Old story, new analogy: a donut. We’re not convinced on the analogy, but the article is worth a read. Read More
How Email Receipts Predicted GoPro’s Q3 Earnings
Quandl Blog
Quandl Blog
Using our own Email Receipt database to analyze the quarter leading up to GoPro’s disappointing earnings generated some surprising insights, including distinct weakness in the Amazon channel. These insights hinted at a less rosy picture than the one painted by the analyst community. Read More
Julia’s Growing Up: Time to Take a Look
Waters Technology
Waters Technology
Julia is 20 times faster than Python, 100 times faster than R, and 93 times faster than Matlab. Just ask the Fed. It therefore eliminates the need to translate algorithms into C++ to make them run faster. Still a “young” language by programmers’ standards, Julia is gaining traction in capital markets. Once again, it’s not just about data; it’s about data and speed. More
U.S. ISPs Will Soon Need Your Permission to Sell Your Data
Lexology
Lexology
From the annals of the privacy debate: the FCC just voted 3-2 to stop ISPs from sharing your personal data with third parties, like location data or browsing history, without your consent. The immediate effects to capital markets seem nominal, but downstream we wonder about the impact of this ruling. More
Do Sensor Trackers Make Us Better Liars?
SilliconANGLE
SilliconANGLE
Data and truth are two different things. In today’s connected, sensor-laden world, this is easy to forget. As businesses use unprecedented volumes of data generated by consumers, this piece asks: “Is it to consumers’ benefit to attempt gaming the system, or even avoiding the system altogether? Is the business world’s quest for truth merely encouraging consumers to get better at lying?” Read More
Day Traders Confuse Retiring Baseball Player for Bank of Japan’s Governor
Bloomberg
Bloomberg
Proof that machines (and people) still have trouble with semantics: the Japanese Yen almost suffered serious damage when a tweet about a retiring baseball player was misinterpreted because of its source. Read More