Alternative Data Trends and Statistics

40 sec read

Alternative data is defined as non-traditional data investors use to gain insights into their investment process. Unlike traditional datasets data such as financial statements and sales figures, alternative data offers investors insights into a company well before the information becomes publicly available. The case with WeWork’s IPO is great Example. Despite the hype around WeWork’s IPO, Director, Samantha Monk, predicted against popular consensus that WeWork is not the market-defying unicorn most hope it would be. With the help of alternative datasets, she identified several alarming issues such as founder cashout, creative accounting practices and ESG concerns. Most importantly, she…...

This article is free to read

Login to read the full article


By subscribing to our main site, you will also be subscribed to DDIntel - our regular letter showcasing our featured articles and applications.

Bingran Lu With an academic and professional background in the field of Finance and IT, Bingran has a deep appreciation for data-driven decision making. He is a fan of all things data related. Currently building his dream tool to help everyday people make smart investment decisions.