Hedge Fund Satellite Images

Orbital insight ceo james crawford explained to cnbc how hedge funds and government agencies are able to use satellite images for trading tips.

Hedge fund satellite images.

Remember that scene in the tv show billions where the protagonist bobby alexrod explains how all the big hedge funds are using satellite images and how you can deduce how good walmart s quarter is going to be based on the number of cars in the parking lot link to that awesome scene yup that is how mainstream geospatial analysis is today. Here are some examples of how images lead to profit. Consequently investors particularly hedge funds are always looking. As part of a growing trend among hedge funds and wall street firms cold war style satellite surveillance is being used to gather market moving information.

Satellite imagery data can be used for an information advantage which allows traders to profit from it. The company founded by three former nasa scientists has now signed an agreement to supply data to orbital insight inc which mines satellite imagery for trading tips for hedge funds. Hedge funds pay big bucks for alternative data information often hiding right under your nose. Other companies such as orbital insight have followed suit obtaining images from satellite companies and processing them with both software and human analysts.

Investors find value in satellite images consumer tracking data and information scraped from. What does satellite imagery have to do with hedge funds. Last summer a large hedge fund had a hunch. What she thought about hedge funds.

The more information the better when it comes to making an investment decision which is why some investors are resorting to alternative data to round out their insights into particular investment opportunities. Rs metrics pioneered the analysis of satellite images of parking lots in 2011 with hedge funds as their primary customers.