Alternative Data News | Neudata

Does cleaner environmental performance improve a firm’s financial performance?

We summarise key findings from an academic paper which attempts to show whether financial performance is positively related to environmental performance by studying alternative data across several hundred Japanese manufacturing firms.

Literature Review 2 Feb 2018
Is there value in tracking earnings release date changes?

With a popular corporate events data aggregator as the primary source of data for this study, the authors claim companies that advance their earnings announcements by 4 or more days exhibit positive earnings surprises, while firms that delay earnings announcements after previously announcing their release date are more likely to have negative earnings surprises. The authors suggest that companies delay their announcement date due to negative events.

Literature Review 2 Feb 2018
Is extended hours trading predictive of future returns?

In this study, data from a financial news provider was used to examine whether trading in extended hours is predictive of future returns for US stocks. Specifically, the data provider captured a given stock’s return from the time of the news item through to the end of the session.

Literature Review 1 Feb 2018

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