Blogs

Market Cyclicality and Lunar Phases

In this case study, we use Palantir Finance to investigate potential correlations between stock returns and the lunar cycle.  The 2002 paper Are Investors Moonstruck? Lunar Phases and Stock Returns by Yuan, Zheng, and Zhu provided the inspiration for the study. The video below is best viewed in full screen mode. If you are having [...]

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Studying Nonfinancial Data in Palantir

While Palantir was developed with financial analysis in mind, its tools are data agnostic and can be applied to any data source.  In the study below, we import climate data from the website http://www.rimfrost.no/ and perform a quick analysis of trends in average monthly air temperature over the past several centuries. This video is best [...]

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Picking Stocks from Their CDS Spreads — A Cross-Asset Class Study

In most analysis packages, it is difficult to incorporate multiple assets classes into the same analysis. With Palantir, we can quickly traverse the capital structure of companies by integrating data on options, bonds, credit default swaps, and any other instrument a company issues. This streamlines many common workflows, from screening stocks to developing trading strategies [...]

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Beta Dispersion in Joyride

A few months ago, we launched a trial version of Palantir Finance available to the general public.  We call it Joyride.  If you haven’t tried it yet, you can access it at http://joyride.pfinance.com.  For this particular blog post, we’ve created it entirely using the data available on Joyride (courtesy of Xignite), so we encourage you [...]

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Substitutes for Oil

Normally, if you wanted to go long oil, you might buy an energy sector ETF or buy oil stocks.    But it’s possible that those stocks may not be available or that they are not available at a high volume.   Or maybe you just want to find a less commonly used and less crowded ways to [...]

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Event Study: Performance after VIX Spikes

A common type of analysis in finance is looking how events affect the markets.  These can be anything ranging from earnings announcements, split dates, breaking news, or even more complicated technical events. Palantir allows us to isolate the events–as simple as manually inputting dates or as complicated as multiple technical filters–using Date Set.  These can [...]

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Portfolio Analysis

When a fund manager makes a portfolio, he has ideas about individual positions and why he put those positions on.   But although each position may make sense by itself, the portfolio as a whole could be over-exposed to certain factors that the manager is not aware of. The portfolio below is a sample fund portfolio [...]

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Green Shoots

Much has been made recently of green shoots in the economy. Optimists point to the fact that the rate of decline – the ubiquitous “second derivative” – has turned positive, signaling that the economy is contracting at a slower rate. Pessimists would prefer to see a positive first derivative before accumulating risky assets. In this [...]

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