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Alternative Data News and Insight

Neudata Intelligence

UK House Prices: Creating a better index using alt data

House Price Indices are one of the most closely observed economic indicators in the world, especially since the global recession in 2008. However, various government and private organisations rely on proprietary and/or public datasets to produce their own interpretation of an HPI. We evaluate some of the leading HPIs in the UK (construction methods, outcomes, advantages, and disadvantages) and highlight relevant alternative data sources for readers interested in constructing a more appropriate HPI for their needs.

Neudata Intelligence

Spotlight on: Satellite data

From counting cars at mall and shopping centre parking lots to gauge consumer traffic, to calculating the shadows cast on floating-roof tanks to estimate global crude oil supply, satellite data has become one of the more well-known types of alternative data in the market. With significant numbers of institutional investors realizing the value of this data, we address the current state of the industry, as well as some words of caution when approaching satellite data.

Neudata Intelligence

ESG 2.0 – a solution to slow moving ESG scores

With 90% of today’s data created in the last two years, opportunities to leverage vast amounts of unstructured data sources are growing at an exponential rate. The proliferation of AI and big data is transforming the ESG industry – providing investors with a greater supply of more timely information and the ability to develop more sophisticated investing strategies. Alternative data is the driving force behind ESG 2.0.

Neudata Intelligence

Verifying Japanese inflation statistics using alt data

We summarise conclusions drawn from an academic paper comparing Japanese CPI data with a Neudata listed alternative data provider in an attempt to evaluate the accuracy of official statistics vs a ‘true’ inflation measure. The authors conclude that 1) the Japanese CPI is a poor predictor of actual inflation when measured inflation is below c.2%, and 2) the US PCE deflator methodology is superior to the Japanese CPI methodology. We also evaluate several alternative Japanese data providers and recommend further academic reading on this topic.