In an uncertain economy, managers look to alternative data [Advisor.ca (Canada)]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Advisor.ca
iStock.com / sodafish visualsWhen the Covid-19 pandemic hit, investment managers were stuck at home, watching markets tank, trying to figure out what was happening in the world. That’s when Bill Dague’s phone started ringing.“The old models started to break down,” said Dague, vice-president and head of data product at Nasdaq in New York.“We started to get calls from clients: ‘What’s happening with retail investors? What’s happening with global supply chains? Are airlines flying?’ There was suddenly this recognition that you couldn’t rely on previous patterns and experience. You had to start measuring in real time what was happening in the world.”Alternative data — information not contained in company filings, analyst reports or other traditional sources — wasn’t new in 2020. An Alternative Investment Management Association (AIMA) report from that year traces the use of alt data to ancient Babylon, when merchants used measurements of the Euphrates River’s depth and flow to forecast mar
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WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 4/25/24 - Form DEF
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- WMT's page on the SEC website