What is AltIndex?
- Founder: Not publicly disclosed
- Launch: 2021
- Use Cases: Retail investors, portfolio managers, financial analysts, and academic researchers.
- Technology: AI and machine learning for alternative data analysis, real-time alerts, and dashboard interface.
AltIndex is a unique investment analysis tool created to improve decision-making via alternative data. Rather than relying solely on traditional financial metrics, it is assessing and incorporating alternative/non-traditional data sources like social media sentiment, app downloads, job postings, and website traffic to identify unique insights regarding the markets. AI algorithms track thousands of stocks and notify you when there are significant changes by generating alerts. This allows you to see potential trends early, monitor the health of your portfolios, and act on advantages before they are mainstream. There are free and paid versions of AltIndex, so a beginner can learn, and an experienced investor can be enabled to use all of the capabilities available to them. The user-friendly dashboard simplifies complicated data into useful information, making it easy to compare different companies on metrics, performance, and important alerts (including benchmarks set by an investor). AltIndex effectively fuses traditional analysis and alternative metrics together for a holistic view of the markets and empowers its users with decision-making through data literacy.