altquantlab

alternative data. quantitative strategies.

Visit Website
April 27, 2020 Created a working Prototype

The goal of the prototype was to provide a service that can be used to test investment-strategies based on historical price-data and historical search volume data and compare the results to a buy-and-hold strategy.
The major requirements have been:

  • users can use social-login, e.g. google
  • pick financial instruments that I've pre-selected and have downloaded price-data for, e.g. AAPL, BAC and S&P500
  • pick a keyword (relative search volume data have been downloaded upfront)
  • compare the results of the search-volume based strategy with a buy-and-hold strategy based on 10 years of historical data (2009-2019)
  • provide visualization and ROI

Here's a screenshot of the prototype:
https://tradingclue-images.s3.eu-central-1.amazonaws.com/predictive.png

Next steps are:

  • create the business model
  • define features for an MVP
  • find a name for the baby
  • find a co-founder

1 Comment

About

There's evidence that search-trends correlate with stock prices - multiple academic papers have been released on this topic. This tool can help you to find these kind of correlations to make smart investment decisions.