A look at Disney’s superhero stock increase Observing information pre-event, during the event and post-event closely in relationship to one another is critical to understand how it could impact your trading and risk
How Wall Street Horizon data helps untangle the story of a 53% price jump.
Our partnership with Wall Street horizon has enabled us to shine a light on the benefits of combining powerful data combined with predictive analytics.
Accessing Wall Street Horizon’s high-quality earnings data, on Wednesday, 21 August 2019, I sent my clients an email before the market open suggesting they sell Dick’s Sporting Goods (DKS) on the opening bell. The company announced earnings at 7:30 that morning and it seemed to me to be a perfect “pop and drop” opportunity.
As we head into prime season for shareholder meetings, investors are taking notice that the number of meetings conducted by publicly traded companies is on the rise. Corporate events like shareholder meetings and changes to those events can cause volatility, which makes accurate and timely knowledge of events extremely important for investors. By keeping track of movement around shareholder meetings alongside other events such as earnings releases, traders can adjust their trading strategies as needed.
Alternative data can take on different meanings to investors so let’s start with a general definition: “alt” data refers to non-traditional or unique information not previously known or available to financial markets.
On March 14, 2019, data partner Lucena Research co-hosted a panel discussion with Wall Street Horizon. The event “Finding Tradable Signals in Alt Data” featured the following panel:
The scheduling of corporate events such as earnings release dates can point to significant, untapped sources of alpha, as firm-initiated revisions to expected earnings announcement dates are strong predictors of firms’ upcoming earnings news.
While we have seen a dramatic rise of virtual shareholder meetings over the past few years, there has also been an increase of in-person attendance at investor conferences putting the competing ‘virtual vs. human’ views at odds. We take a closer look, below.
Those who trade off of corporate events know that when a company delays the release of their earnings it’s typically because there is bad news to report.