3 ms·
Can somebody give an idea of what are the most common alternative data sets that are the most widely used?
by soniman 6y ago
Can somebody give an idea of what are the most common alternative data sets that are the most widely used?
- thedudeabides5 6y ago1. Social Media Data - Twitter mentions etc 2. Website scraping (trolling linkedin, alexa, github) for evidence of activity 3. Credit Card Data - aggregate and POS data 4. Satellite Data - How many cars in the Walmart parking lot. Those are a couple of the more shiny alternative data set in terms of interest. A lot of quants also pay big bucks for more micro or hft data.
- soniman 6y agoThanks. I've wondered whether the Linkedin "people also viewed" could be used to predict M&A transactions.
- adrr 6y agoCredit card data would be the keys to the castle if terms of predicting revenue for a company.
- altdatathrow 6y agoTransaction data is widely available and considered table stakes today.
- hchz 6y agoEven apps like Tinder and Grindr are selling valuable user information to HF.