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Thoughts from AltHub: Boost Your Alpha with Our Latest Case Study and Industry Insights

Thoughts from AltHub: Boost Your Alpha with Our Latest Case Study and Industry Insights

Hi All,
Welcome to the inaugural edition of Thoughts from AltHub, your guide to navigating the rapidly evolving world of alternative data.
AltHub’s mission is to transform untapped data across all industries into valuable alternative datasets. Through this newsletter, we’re excited to share the most significant trends, advancements, and opportunities in the alternative data landscape.
Let’s jump in.

Noteworthy Quote

“Healthcare Data Monetization Market in terms of revenue was estimated to be worth $0.4 billion in 2023 and is poised to reach $0.9 billion by 2028, growing at a CAGR of 18.5% from 2023 to 2028.” – Yahoo! Finance via MarketsandMarkets

At AltHub, we firmly believe that the Alternative Data revolution is still in its early stages. As industries evolve, digitize, and unlock untapped value from their data, there remains a substantial growth opportunity for investors who can harness this data to inform their strategies effectively.

Demo Day Webinar Recap

(first event since our Seed Round Funding announcement!)
AltHub’s Head of Business Development, Jordan Pasternak, and Chief Product Officer, Vishnu Thurpati, shared the stage with client CrowdThnk to demonstrate how AltHub advances the mission of CrowdThnk in providing alpha-generating datasets to investors. One of the case-studies discussed is below. Click here to watch the full replay.

Case-Study: Harnessing Crowdsourced Data for Enhanced Market Insights

Challenge:
CrowdThnk, a firm specializing in quantifying market consensus positioning, faced the challenge of effectively leveraging crowdsourced and big data analytics to provide impactful insights. Their objective was to deliver alpha and gain a market edge through comprehensive forecasts for over 500 stocks.
Solution:

Our AltHub platform brought CrowdThnk’s datasets into action by transforming them into “ready to model” datasets and demonstrating their alpha potential through systematic back-testing. A variety of strategies used by fundamental long-only investors and sophisticated long-short hedge funds were tested that revealed the underlying power of CrowdThnk’s dataset for all investor types.

Integration:
We went beyond data analysis and demonstrated the outperformance of CrowdThnk’s datasets against industry benchmarks. By drilling down into the data, we identified the sectors that offered the most alpha from this distinct dataset. The result? Compelling and easily interpretable visualizations that underscored the value of CrowdThnk’s data. Specifically, by focusing on CrowdThnk’s Healthcare Top 2 Decile Long-Only Portfolio, we saw an impressive alpha of 16.04%.
Impact:
The transformed dataset has emerged as a valuable resource for institutional investors pursuing alpha generation and risk mitigation. We highlighted how CrowdThnk’s Positioning Score dashboard and the corresponding dataset can serve as a fundamental strategy, particularly for those navigating timing, earnings, and political events. In summary, we transformed a dataset into a powerful tool that drives smarter and more informed investment decisions.

ICYMI: AltHub News

As we continue adding clients to our platform, we’re proud to share that we closed our Seed Round of Funding led by The Pearl Fund and industry angels. The funding will be utilized to expand the data and engineering teams and enhance AltHub’s data insight capabilities so that all types of data buyers can easily understand the insights derived from alternative data. Click here to read more.