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Show HN: Stock research website with next-gen alternative data (strike.market)
120 points by jakubroz 1526 days ago
20 comments

Big fan of alternate data. I appreciate:

-- the effort expended to go out and collect a lot of different types of (publicly available) alternate data

-- the look and feel of the interface

A few comments:

-- Who is the target audience?

The user has to convince themselves that this is useful data, and to do that they would have to run some backtests or statistics, and the data in its current form doesn't lend itself to that.

-- Confidence

The user also has to be confident that the data is accurate, and that it will stick around.

-- Exclusivity

The data will likely be useful to the extent that it is not widely shared. Decaying alpha is an age old problem so you don't have to have a solution but what are your thoughts around it?

The fact that your questions remain unanswered while other questions asked after yours are being answered by the OP is telling.
Personally curious, had the same in mind, in your opinion, what will be a decent answers for these questions? How does an app like OP's handle these?
I would respond with the following if this were my site:

-- You can get the data with history and CSV/JSON/machine readable format if you pay us $x/month.

-- The data accuracy and consistency trust can only build over time.

-- For alpha decay there will be a few select spots that are bid in auction that can get particular subsets of data early by a small amount of time (a day, 2 days). But there is no real solution to this other than constantly adding new alternate data and maybe not even then.

There are some things I like, largely the visuals.

But I would like more granular increments on the graphs. The jump from 1 day to 1 month is a bit too big.

Also my basis for comparison is finance.yahoo.com which lets me check things like the current conversion rate for a cryptocurrency to USD. Could those be added here, or is that too far outside the intended data set?

I found the search prioritizes tickers over company names so much so that typing "netfli" doesn't show me Netflix as an option. Only typing the whole name had it turn up.

Pure excellence, great job. Such a great design too. Congrats on launch!

Be curious if you shared more on who you are, why you built it, and what your plans are?

Sure. I am a tech entrepreneur & stock investor from the Czech Republic and together with my small team, we are building this platform.

As an investor and tech guy I used data like website traffic, mobile apps ranks, google trends, share of search and so on before strike.market on my own, manually. But it is very time consuming to check these data every month for every website, app etc. So this is the reason why I started strike.market - I want to automate this process. There is "Smart Feed" where you have all the notifications when there is some change in your companies.

Our goal is to put together all possible public data about companies and help investors see what happens "behind the curtain" in real-time.

Do you have any examples of how this Alpha is correlated to stock trends? I don't see anything there that hasn't been known for 15+ years.
Looks like their alternative data is actually fairly limited. From what I see it's showing off Similarweb page visits here (or some comparable product), Google Trends and scraped job listing metrics. Everything else is just regular financials you'd get from a 10Q.

This is nowhere near the level of alternative data institutional players have, which costs mid-six figures to low-seven figures per major dataset.

I mean it’s free. Of course there’s no comparison.
TWTR shows as "Founder Led" https://strike.market/stocks/TWTR

What causes that to appear? Jack still being on the board?

Yes, if Founder is still in management/board we marked it as Founder-led.
Numbers don't seem accurate. When I open this page: https://strike.market/stocks/TSLA/earnings

The last reported EPS is 0.39.

But should be 3.22 https://www.investopedia.com/tesla-q1-fy2022-earnings-report...

Thank you, you are right. Working on the fix right now.
I'd gladly pay $10-$15/month for this if the data were to be up-to-date.

Some feedbacks:

- Lighter colors. See barchart.com, finviz.com - Candle charts, YTD return - More metrics

this is a beautiful webapp with lots of interesting data, very nice!!

i'd like a couple more screens on fundamentals, see https://hypercharts.co/tsla for inspiration

but still, super impressive (esp the transcript formatting) and i wish you got more upvotes from the HN crowd!

I am not heavy user of stock applications, have seen a few. 1. Its neatly designed. Very clear. 2. I love the social/internet media stuff - I think its importance is especially relevant(and often completely ignored by competition) when it comes to tech stocks.

Looks good overall! edit: looks great, sorry for understatement

Congrats on the nice product. The website looks nice and with so much data and visuals still makes it easy to navigate and scroll. At the footer we get a list of companies in similar industry and I clicked on TATAMOTORS but it opened TVSMOTORS. Maybe the list indexing or something.
Pretty neat app, similar to others I’ve seen but with some alt data to make it stand out. Seems interesting to work on if any part of it became open source (only because I’m looking on a project to work on in my spare time).

Ofc if it’s going to become paid - may not be possible.

How is this going to be monetized? Or will it be free and ad supported?
We have more alternative data in our roadmap and these will be available only for paid users.
Good luck getting retail investors to pay. Most do not pay and those that do pay for actionable trade ideas (ie buy X options and sell the next day)
very cool site. I have two question/request: -Can you make an api to acces all of the data from the website?(Possibly for free, because I'm cheap) -I live in Europe, I tend to look more about the European stocks, and even the european equialent of the same stocks. Is it possible to make them work,too? For example APC.DE for Apple and TL0.DE for Tesla.
https://stockstack.io/data/APC-GY https://stockstack.io/data/TL0-GY

previous close by default, real-time if you add yahoo finance api key

How do you make sure your data is accurate? Could you tell us where you get all your data from?
We have a lot of data sources. Basic financial data we got from paid APIs, all other alternative data sources are our robots/scrapers...

We have also our Analysts who choose which data to track for each company – it is really important to show only relevant data, so this is done manually.

Can I pay for your data? Don't care much about eyeballing but it'd be great to have a daily download feed to my own model.
> Basic financial data we got from paid APIs

Which API's, someone noticed an issue with the data above. So can we really trust the data?

What is the source of website traffic?
Are you planning your own API?
Very nice, and unlike most fin sites, not awful to look at. Very pretty in fact!
great job. website looks pretty sleek. One suggestion though... is it possible to add holdings data for ETFs?
How better is it than TradingView app?
TradingView does not have data like we have. Lets check it.
Very sleek design, nice work
Great website man. Well done
slashdotted i'm afraid