Alternative data specialist Eagle Alpha has released a China Auto Insight (CAI) dataset designed for buy-side investment managers through an exclusive partnership with a Chinese financial automotive consultant.
The dataset will enable investment managers to capture unique insights into the Chinese auto sector.
“We are delighted to partner with a local consultant to provide unparalleled insights into China’s auto sector,” says Emmett Kilduff (pictured), founder and CEO of Eagle Alpha. “The CAI dataset will provide investment managers actionable insights on the Chinese auto industry, well in advance of industry participants reporting their results. This supports Eagle Alpha’s objective which is to enable asset managers to obtain Alpha from Alternative Data.”
The new dataset reveals hard-to-find granular information that has historically been unavailable, bridging the gap in reliable data coming out of the country. Eagle Alpha’s CAI dataset combines consumer volume, inventory and final transaction prices. The dataset also provides unique insights into the Chinese consumer’s purchasing behaviour which has implications for auto sales in future months and quarters. All this allows investment managers to better understand market share, trajectory, and output for important car brands.
“It is critical nowadays to analyse the performance of dealers at the local level. The data allows investment managers to assess opportunities in a competitive market with many participants,” says Ronan Crosson, director of Data Insights. “The findings will better inform numerous strategies including equity long only and long/short, credit and macro.”
Eagle Alpha’s dataset is presented in many ways, from PDFs, Excel workbooks, to raw data, allowing users to quickly connect the results to their investing. The data has been cross checked through multiple channels to ensure the highest quality, accuracy and reliability, thanks to modelling technology and IT originating from automobile big data integration platforms. These channels include cooperation from over 1,300 dealers in China, media tracking, market research and third party cooperation.
