Summary:
After rebounding slightly from weakness in the April quarter, Eagle Alpha’s Search Signal for Lowe’s has turned lower. Over the past three months the one month and three month signals have seen a sharp decline.
Eagle Alpha Insight:
Search Signals is implying that consumer demand for Lowe’s has weakened and puts sales growth metrics at risk. The signal has moved earlier than sales in the past, so the current trend may get reflected in company guidance.
Company Overview
Eagle Alpha is focused on solving the challenges that asset managers face when working with alternative data. The Eagle Alpha solution has six parts:
TEACH-IN
Teach-ins educate our clients to enable them to catch up with the innovators and early adopters in the alternative data field.
BESPOKE PROJECTS
Bespoke Projects enable clients, who don’t have the skillset and/or capacity to work with alternative data, to commission specific projects.
THOUGHT LEADERSHIP
Thought Leadership ensures that our clients do not fall behind the curve regarding how to obtain value from alternative data.
DATA INSIGHTS
Data Insights reports and indicators give clients actionable ideas and demonstrate, based on 4 years of experience, how different types of alternative datasets can be leveraged.
ANALYTICAL TOOLS
Analytical Tools enable clients to obtain proprietary analytics on 90 million data sources for research into items like product launches and elections. In addition, we have a proprietary algorithm that enables clients to build databases of experts.
DATA SOURCES
Data Sourcing keeps clients on top of the world’s alternative datasets and ensures they do not miss out on the best datasets.
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