Alternative Data News | Neudata

Producing financial research using ChatGPT

The potential uses for ChatGPT have grown as rapidly as its popularity. We summarise a 2023 paper that explores how the technology can assist with financial research, particularly for generating ideas and identifying data.

New Literature Review 30 May 2023
Gauging the CECL effect on consumer credit loans

Current expected credit loss (CECL) is an accounting standard introduced to mitigate banks’ potential losses. But some financial industry professionals believe that implementing this model could raise interest rates and reduce credit access to consumer loans. In light of these claims, we look at a study that assesses the CECL's effects on credit access and pricing.

Literature Review 16 May 2023
US stock market spillover effects on the Chinese A-share market

We review a study that investigates the NYSE and NASDAQ composite indices' return and volatility spillover on Chinese A-share sector indices and broad market indices from 2010-2022. It shows the composition of an A-share index can influence its sensitivity to the spillover effect of a particular US index. And the spillover becomes more prominent during a weak market.

Literature Review 2 May 2023
Using ChatGPT to aid portfolio management

With ChatGPT’s rising popularity, a range of studies have considered how applicable it can be to different industries. In this report, we look at a 2023 paper assessing how effective the technology could be in aiding asset allocation and portfolio management.

Literature Review 18 Apr 2023
Securing persistent returns through agricultural commodity options

Investors are increasingly turning to commodity derivatives as a means to hedge risk and ensure high returns. For agricultural commodities, however, academics have not historically examined the persistent nature of the returns that can be generated. In this report, we summarise a study that examines the performance persistence of agricultural commodity trading strategies using market data from the CME.

Literature Review 4 Apr 2023
Nowcasting Japan’s exports using maritime data

Lacking natural resources, Japan is vulnerable to logistical disruptions and material shortages. In this literature review, we summarise an export index model constructed on maritime data.

Literature Review 21 Mar 2023
Gaining an edge from corporate site visits in China

In an increasingly virtual business environment, a physical presence can give investors an upper hand. A Chinese study attempts to show how corporate site visits by hedge funds can positively influence their returns. We summarise the analysis from this paper and the potential data sources that could help readers monitor site visits by Chinese fund managers.

Literature Review 7 Mar 2023
Undisclosed SEC investigations: impacts and indicators

Despite its prolific role in the US capital markets, the SEC’s investigation process is typically undeclared. Given investigations occur following an indication of malpractice, a study looks at whether they correlate with firm performance or insider trading activity. We summarise the analyses and highlight potential alternative data sources that could help readers navigate the impacts of SEC investigations.

Literature Review 21 Feb 2023
Examining price bubbles in China’s agricultural commodities market

We summarise the characteristics of price bubbles in China’s agricultural futures market and the impact of Chinese government policy on these bubbles.

Literature Review 7 Feb 2023
Exploring commonality across global sovereign bond markets

Commonality in liquidity is the concept that common movements in liquidity can impact other markets or securities. This has been used to explain sudden changes in the liquidity of multiple securities or markets at the same time. In this literature review, we summarise a study that applies regression models to understand commonality in liquidity between sovereign bond markets and its degree of application.

Literature Review 24 Jan 2023

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