All three of our datasets tracking ABNB confirmations were weak in September. The “reservation confirmed” dataset turned negative Y/Y during the last week in September after displaying strong Y/Y gains earlier in the month. Our tracking of “receipts” slowed as the month progressed, however the Y/Y trend remained positive. The “Welcome” dataset also displayed a consistent negative Y/Y trend.
Based on these confirmation datasets and slowing web traffic, we believe it’s likely that ABNB’s business slowed in September.
Robust 5 year returns with no correlations to the major averages
Superior Performance from 2017-2021
Walking Earnings Signals, performance is as follows for entering a trade on the day before the earnings event and exiting on the earnings event date. In practice, the signal would be available shortly after the end of the fiscal quarter and an investor would have a few weeks between the end of the quarter and the earnings announcement date to build this position
Promotional Activity Predicts Share Performance
In this study we’ve illustrated a use case in which a company’s promotional activity data can be used to successfully predict how that company’s stock will move at its next earnings announcement. With strong standalone performance, this study demonstrates that the promotional data can be a valuable input into the decision making process of both discretionary and systematic investors who wish to adjust positions, confirm positions, or discover new trading opportunities heading into earnings events.
Discretionary investors may also wish to use this data to identify inflection points (both positive and negative) in consumer stocks for opportunistic strategies or use this data to identify downside risk for existing positions. Systematic investors may wish to derive ranks with monthly or weekly frequency based on these inputs to drive a long/short decile portfolio.
contact us to inquire about adding the promotional ensemble as a data feed
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
