What is Alternative Data, Why You Should Care, and How You Can Use It
Traditional finance is dead and DeFi is the new normal. That doesn’t mean the international financial system has taken its last breath, merely that it is being reborn in the image of cryptocurrency and alternative data.
What everyone witnessed with Moderna and BioNTech had very little to do with moving average cross overs and key financial ratios — it was alternative data at its finest. Financial algorithms are prone to overlook factors in biotechnology because of the complex influence of government funding, regulatory science, and private equity on the performance of publicly traded companies.
Alternative data combines natural language processing, key financial ratios, moving average crossovers, portfolio vectorization algorithms, and the political snafus of private equity into a simple dataset that you can upload into your own software. Downloading alternative data can simplify the process of training your own algorithms or simply trading with the data.
So where does this leave us, and should you care if the IRR is 60%? God knows about the former, and we recommend logging onto GZI to find your answer to the latter. For a one-time fee of $99, you can replicate the gains for yourself and decide whether alternative data is worth the hype or not.
Alternative data is formatted to be immediately compatible for TD Ameritrade and Interactive Brokers: The trading platforms most frequently utilized by privately owned funds. If the upload format for your trading platform is not currently available, please email us by submitting a request in the comments box and we will begin the necessary modifications.
Please note that our servers are being updated so there may be a temporary delay until they are back up. We apologize for the temporary inconvenience.
