The Book of Alternative Data : A Guide for Investors, Traders and Risk Managers

Intro -- Table of Contents -- Preface -- Acknowledgments -- PART 1: Introduction and Theory -- CHAPTER 1: Alternative Data: The Lay of the Land -- 1.1 INTRODUCTION -- 1.2 WHAT IS "ALTERNATIVE DATA"? -- 1.3 SEGMENTATION OF ALTERNATIVE DATA -- 1.4 THE MANY VS OF BIG DATA -- 1.5 WHY ALTERNATIVE DATA? -- 1.6 WHO IS USING ALTERNATIVE DATA? -- 1.7 CAPACITY OF A STRATEGY AND ALTERNATIVE DATA -- 1.8 ALTERNATIVE DATA DIMENSIONS -- 1.9 WHO ARE THE ALTERNATIVE DATA VENDORS? -- 1.10 USAGE OF ALTERNATIVE DATASETS ON THE BUY SIDE -- 1.11 CONCLUSION -- NOTES -- CHAPTER 2: The Value of Alternative Data -- 2.1 INTRODUCTION -- 2.2 THE DECAY OF INVESTMENT VALUE -- 2.3 DATA MARKETS -- 2.4 THE MONETARY VALUE OF DATA (PART I) -- 2.5 EVALUATING (ALTERNATIVE) DATA STRATEGIES WITH AND WITHOUT BACKTESTING -- 2.6 THE MONETARY VALUE OF DATA (PART II) -- 2.7 THE ADVANTAGES OF MATURING ALTERNATIVE DATASETS -- 2.8 SUMMARY -- NOTES -- CHAPTER 3: Alternative Data Risks and Challenges -- 3.1 LEGAL ASPECTS OF DATA -- 3.2 RISKS OF USING ALTERNATIVE DATA -- 3.3 CHALLENGES OF USING ALTERNATIVE DATA -- 3.4 AGGREGATING THE DATA -- 3.5 SUMMARY -- NOTES -- CHAPTER 4: Machine Learning Techniques -- 4.1. INTRODUCTION -- 4.2. MACHINE LEARNING: DEFINITIONS AND TECHNIQUES -- 4.3. WHICH TECHNIQUE TO CHOOSE? -- 4.4. ASSUMPTIONS AND LIMITATIONS OF THE MACHINE LEARNING TECHNIQUES -- 4.5. STRUCTURING IMAGES -- 4.6. NATURAL LANGUAGE PROCESSING (NLP) -- 4.7. SUMMARY -- NOTES -- CHAPTER 5: The Processes behind the Use of Alternative Data -- 5.1. INTRODUCTION -- 5.2. STEPS IN THE ALTERNATIVE DATA JOURNEY -- 5.3. STRUCTURING TEAMS TO USE ALTERNATIVE DATA -- 5.4. DATA VENDORS -- 5.5. SUMMARY -- NOTES -- CHAPTER 6: Factor Investing -- 6.1. INTRODUCTION -- 6.2. FACTOR MODELS -- 6.3. THE DIFFERENCE BETWEEN CROSS-SECTIONAL AND TIME SERIES TRADING APPROACHES -- 6.4. WHY FACTOR INVESTING?.