CloudQuant, a leading provider of data technology and research insights, has released new backtests and forecasts utilizing Prosper Insights & Analytics US award-winning survey data, which provides a proactive look at consumer trends to come. The results have been impressive and all types of investors should be taking notice.
By analyzing the consumer sentiment data and purchase intent data, CloudQuant's proprietary modeling has been able to foresee consumer trends and behavior in the market with high accuracy. Prosper monthly signals continue to show strength in identifying stock market subindustries that outperform the S&P 500 Index as well as under-performers that are great hedges for market risks. The long/short strategy which rebalances once per month has outperformed the S&P 500 by approximately 23% since January 2022.
In addition to the new backtests, CloudQuant is excited to announce the availability of a Core CPI Forecast for trial and license. This forecast has been 91.7% directionally accurate and is released 3-4 weeks ahead of the official release by The Bureau of Labor Statistics (BLS).
The Core CPI forecast utilizes Prosper consumer survey data as well as several other alternative data sources to make the prediction. The forecast provides valuable insight for investment managers who want to stay ahead of the curve by utilizing CPI to make informed decisions about which investments are likely to perform well during periods of rising prices, among many other uses.
"We are thrilled to be able to offer Prosper Equity SubIndustry Signals and the Core CPI Forecast to our clients," said Morgan Slade, CEO of CloudQuant. "Our data and research technology is constantly evolving and improving, and we are committed to providing investment managers with cutting-edge research insights using the most innovative and accurate data sources possible so they can stay ahead of the curve."
“Knowing the future of events or markets is critical for decision-making, especially for investors,” said Phil Rist, EVP of Prosper Insights & Analytics. “Prosper’s highly organized and representative consumer data has proven to be a high-quality input for helping CloudQuant generate unique and accurate predictive analytics for investment managers; and is becoming the gold standard for producing predictive models.”
To learn more about CloudQuant's research and backtesting utilizing Prosper's consumer survey data, as well as the Core CPI Forecast, please visit https://www.cloudquant.com/prosper-insights-high-performing-backtest-and-core-cpi-forecast/.
About CloudQuant
CloudQuant is a leading provider of data, research, and technology solutions. Our platform empowers investment managers with the tools and data they need to make informed decisions in the market. We are committed to providing innovative and accurate data to our clients and are constantly evolving our technology to meet the needs of the ever-changing investment landscape.
About Prosper Insights & Analytics
Prosper Insights & Analytics provides Market Intelligence/data analytics. Since 2002, Prosper has created the largest scientific monthly survey of consumer behaviors, motivations, and intentions representative of the US population. Over 20 years of zero-party data are available in a master aggregated dataset to mine, train, and create accurate targeting & predictive models. www.ProsperInsights.com
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Contacts
Marli Welch
Marketing Manager, CloudQuant
mwelch@cloudquant.com
+1.512.439.8152
