Alternative Data News

Forecasting stock returns using ChatGPT

The full scope of ChatGPT’s application within the financial industry has yet to be realised. In this literature review, we review a 2023 paper assessing ChatGPT against other GPT models and other sentiment providers. This paper focuses on ChatGPT’s ability to predict stock returns using sentiment analysis.

Literature Review 22 Aug 2023
Alternative data for airlines revisited

With pandemic restrictions lifted around the world, the state (and potential revival) of the airline industry has piqued investor interest. And things haven't been quiet on the alternative airline data side either. In this report, we navigate vendor mergers, discontinuations, market leaders and upcoming competitors offering timely, granular and varied insights on a sector familiar with turbulence.

Intelligence 16 Aug 2023
August notebook: UK pubs + celebrity snubs

Hear from Neudata's head of research on the top trends in August.

Tidbits 16 Aug 2023
The Signal: The rapid rise and fall of Threads

Our August edition examines how Meta’s Twitter-challenging social media platform Threads performed in its first month.

Signal 16 Aug 2023
US consumer transaction mega panels: clash of the titans

Consumer transaction data remains one of the most popular dataset types, and investment management appetite for keeping abreast of developments, disruptions and discontinuations in this space remains strong. Recently, we’ve seen three main players all increase their panel size to near 100m US credit and debit cards. In this report, we evaluate the facts, rumours and feedback to give Neudata’s view on these mega panels.

Intelligence 9 Aug 2023
An alternative data approach for venture capital

Unlike their public markets counterparts, venture capital investors can be hindered by a lack of data to help inform investment processes. Several venture-oriented platforms have materialised to fill this void, providing numerous metrics with varying relevancy. We summarise a study that uses machine learning to identify the most relevant factors for early-stage venture capital investors.

Literature Review 8 Aug 2023
AI and alternative data (part I): Web-scraping legal and compliance considerations

In 2023, OpenAI’s ChatGPT became the second fastest-growing consumer application in history, reaching 100m monthly users in only two months. In the alternative data space, it seems like everyone is working towards building their own AI models or leveraging the technology for their own uses. Like most nascent technologies, it will take some time for solid legal and compliance norms to emerge around pertinent data collection, privacy and intellectual property issues. However, we are already seeing early signs of movement in the space, with cases being filed and regulatory attitudes starting to develop.

Sentry 3 Aug 2023
Japan’s evolving transactional data landscape

With the Nikkei 225 recently reaching an all-time high, investor attention has returned to Japan. This may well bolster the country’s alternative data industry, which is showing similarly positive signs of growth. Following a recent Neudata visit to Tokyo, we analyse the evolution of Japanese alternative data with a particular focus on how digital payments are impacting transactional data collection.

Intelligence 2 Aug 2023
What is data sourcing and how should companies approach it?

We live in a data-driven world. A hot topic for years, the global focus on data has only intensified with the artificial intelligence breakthroughs of recent months. But not all companies are equipped to benefit from the opportunities offered by t...

Blog 28 Jul 2023
The clickstream data landscape in 2023

Nearly two years since we last analysed the clickstream data ecosystem, we return to discuss this alternative data landscape. We consider the effects of past disruptions, the current market leader and emergent competitors, and the evolving utility of clickstream and web traffic data.

Intelligence 26 Jul 2023

Alternative Data News and Insight

Forecasting stock returns using ChatGPT

Alternative data for airlines revisited

August notebook: UK pubs + celebrity snubs

The Signal: The rapid rise and fall of Threads

US consumer transaction mega panels: clash of the titans

An alternative data approach for venture capital

AI and alternative data (part I): Web-scraping legal and compliance considerations

Japan’s evolving transactional data landscape

What is data sourcing and how should companies approach it?

The clickstream data landscape in 2023

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Alternative Data News and Insight

Forecasting stock returns using ChatGPT

Alternative data for airlines revisited

August notebook: UK pubs + celebrity snubs

The Signal: The rapid rise and fall of Threads

US consumer transaction mega panels: clash of the titans

An alternative data approach for venture capital

AI and alternative data (part I): Web-scraping legal and compliance considerations

Japan’s evolving transactional data landscape

What is data sourcing and how should companies approach it?

The clickstream data landscape in 2023

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