Hedge Funds Using Satellite Images

For example companies such as orbital insight track the ongoing health of major retailers by analysing images of their parking lots the idea being that a.

Hedge funds using satellite images.

Lumber prices were about to crash because of excess inventories caused by a railway strike. Satellite imagery can provide a perspective that is not possible at ground level and many hedge funds are finding it to be an. They are including their findings in the quarterly and annual reports also. What does satellite imagery have to do with hedge funds.

Rs metrics pioneered the analysis of satellite images of parking lots in 2011 with hedge funds as their primary customers. Finding an edge in satellite images or social media posts is only getting harder and riskier. Advanced algorithms can scan. 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.

Last summer a large hedge fund had a hunch. Some try to stay a step ahead using brute force. Geospatial world 09 17 2013. Other companies such as orbital insight have followed suit obtaining images from satellite companies and processing them with both software and human analysts.

As for the fact that there s often a delay between when hedge funds buy satellite data and the release of. 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. 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. Analysts at hedge funds are using analysis of satellite imagery to learn more about business and predict revenues.

Investors are using real time satellite images to predict retailers sales. Hedge funds across the globe have spent billions.