alternative data

Earnings call transcript provides an AI-generated, structural text data solution for Taiwanese corporate earnings calls. By transforming unstructured MOPS audio into searchable text, it enables researchers to execute text mining, sentiment analysis, and keyword tracking. This product bridges corporate qualitative disclosures with quantitative financial research, empowering quantitative funds and analysts to capture market-moving insights efficiently.

TCRI Watchdog (WD) converts complex news and announcements into standardized quantitative alternative data. Building on our research into "Official Announcements (Source P)" and "Media News (Source N)," we have confirmed that disclosure channels directly dictate the speed and structure of market digestion. This chapter moves from macro "Event Categories" to micro "Source × Sub-category" dimensions to capture actionable Alpha within granular events. Focusing on high-sensitivity "Corporate Control Events," we analyze the signal heterogeneity between Source P and Source N. We further demonstrate how these high-precision signals assist investors in optimizing entry timing and hedging strategies.

While Part I establishes that news events generate identifiable market reactions, the informational content of news varies widely—from industry developments and financial disclosures to management changes and corporate crises. Event intensity alone is insufficient to explain these differences. Accordingly, this section decomposes news events into five categories (A, I, M, F, R) and examines whether markets respond systematically differently across news types.

Introduction: News as an Event-Based Market Signal In today’s highly real-time and information-saturated markets, news media no longer merely serve as post-hoc explanations of price movements. Instead, they have become a critical channel through which market expectations are formed and sentiment spreads. Compared with structured disclosures such as regulatory penalties or official disclosures via the […]

TCRI Watchdog classifies all events into 5 major categories: Accounting, Industry Prospects, Management & Governance, Market Transactions, and Crisis Events. We analyze how each category affects stock prices, compare their reaction magnitudes and persistence, and highlight which types of information serve as the most important early-warning signals for investors.

Discover how TCRI Watchdog quantifies material announcements and reveals the asymmetric market impact of event intensity. Learn why negative events drive deeper, longer price reactions and how investors can use event-based signals to enhance risk monitoring and strategy design. We find that higher-ranked portfolios deliver significant short-term excess returns, while predictive power weakens over longer horizons. The results highlight the practical value of Point-in-Time financial data for quantitative factor investing and underscore its role in building replicable, data-driven investment strategies.

Dividend arbitrage focuses on the price inefficiencies between dividend payouts and option pricing. This article will explore its execution process, examples, and challenges.

Dividend arbitrage focuses on the price inefficiencies between dividend payouts and option pricing. This article will explore its execution process, examples, and challenges.

Dividend arbitrage focuses on the price inefficiencies between dividend payouts and option pricing. This article will explore its execution process, examples, and challenges.

How should you choose the best alternative data provider for your financial needs? Learn about key factors, such as data quality, integration, and more.

Alternative data are powerful tools for financial decisions. Learn about the different types of alternative data and how they offer valuable insight.

For banks and investment institutions, managing corporate credit risk is a critical aspect of securing sound lending and investment decisions. The ability to detect potential risks before they escalate can define the success or failure of an investment strategy. In today's fast-paced financial landscape, having the right tools to evaluate creditworthiness is more important than ever.