How hedge funds are using alt-data to make bets on coronavirus - Business Insider

Shayanne Gal/Business InsiderWith companies revising their forecasts and governments scrambling to put out up-to-date statistics, more investors are turning to alternative data to gauge the impact of the global spread of coronavirus.

"There's obviously a ton of fear and uncertainty out there. One of the things we think this highlights is the need for alternative data," Harrington said. "How can we think about what are the data sets that are going to actually be giving us signals that we're starting to get back into an upswing." "I think this will be another good example of: how do you see this changing over time, and is this a data set that you can start to see the recovery with," he added. ClipperData offers a real-time database of worldwide waterborne flows of crude and oil products. It also receives bills of lading from US customs and border patrol agencies, and has export bills since 2014 and import bills since 2009.

That type of insight is valuable to get a sense of changes in travel, as SimilarWeb can offer a look into activity at hotel chains and and key travel platforms. It's not all bad, though, as entertainment devices and grocery delivery platforms, which will likely see an uptick, can be tracked as well. "A very rich source and it comes at a fast frequency, so you can include it in your models for a market-moving events," he said. Sometimes, it's good to just cut to the chase. That's what Sentifi does, informing users on what are the most and least impacted firms of each sector.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Even the world's biggest hedge fund was caught flat-footed by the coronavirus market sell-offThe Financial Times reported Bridgewater's flagship fund is down about 20% for the year following the swift plummet from all-time highs into a bear market from stocks. Hedge funds suck!!!
La source: CNBC - 🏆 12. / 72 Lire la suite »

The coronavirus pandemic has laid bare the fundamental problems of the Trump era - Business InsiderOpinion | The coronavirus pandemic has laid bare the fundamental problems of the Trump era. By MichaelGordonUS. MichaelGordonUS I think it showed the press, you, and congress in its entirety, again you, is more at fault than Trump. The best way to kill is to clean and disinfect not vaccinate MichaelGordonUS CNNPolitics CNN MSNBC - it would be greatly appreciated if you would STOP with opinion pieces until we get through the Covid-19 crisis. We get it....You hate realDonaldTrump but for now, just the news would be great. Thanks, America MichaelGordonUS Absolute nonsense! As if ANY administration got everything right in the past. 😒 People should stop looking for the federal government to be their savior. 12,469 died just in the US during 2009-2010 from H1N1 and the media didn’t cause so much panic or blame Obama constantly.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

How businesses are handling coronavirus delays, demand, and sales - Business InsiderThe coronavirus is impacting the largest companies and smallest startups alike. Entrepreneurs share the strategies moving their companies forward. you know, all those business actually struggling have the press to blame directly.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »