Hedge Funds Using Satellite Images

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.

Hedge funds using satellite images. Rs metrics pioneered the analysis of satellite images of parking lots in 2011 with hedge funds as their primary customers. Advanced algorithms can scan. Last summer a large hedge fund had a hunch. For example some hedge funds are using satellite images to assess the true health of the chinese economy as the accuracy of official data has come under scrutiny.

Hedge funds are increasingly using the services of companies that analyse satellite imagery to identify trends and changing patterns with respect to economic activity. 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. Finding an edge in satellite images or social media posts is only getting harder and riskier. Satellite imagery can provide a perspective that is not possible at ground level and many hedge funds are finding it to be an.

Analysts at hedge funds are using analysis of satellite imagery to learn more about business and predict revenues. Geospatial world 09 17 2013. Hedge funds use satellite imagery to predict revenues. Hedge funds across the globe have spent billions.

As for the fact that there s often a delay between when hedge funds buy satellite data and the release of. 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. Some try to stay a step ahead using brute force. Other companies such as orbital insight have followed suit obtaining images from satellite companies and processing them with both software and human analysts.

What does satellite imagery have to do with hedge funds. They are including their findings in the quarterly and annual reports also.