The commotion of decrypting massive amounts of data sets is only a nightmare for crypto investors. Not to mention the launch of a new project almost every month, which leaves crypto investors on the edge of their seats.
With every launch, there’s a new token, a fresh fundamental, and lots of potential that need to be decrypted. Besides, reviewing, analyzing, and investing in potential projects before their boom is a massive challenge.
Interestingly, this is where AltIndex (formerly Dillibits) has stepped in to introduce reform for crypto investors. The launch of AltIndex.com’s alternative data platforms comes as an aid to crypto investors who are looking to make informed investment decisions without burning a hole in their pocket.
In the following sections, let’s learn more about AltIndex.com’s latest alternative data platform for crypto investors.
AltIndex: A One-Click Platform For Valuable Market Intelligence
AltIndex is Dillibits’ newly launched alternative data platform focused on enhancing the trade expertise of crypto users. The platform is launched with an initiative to offer its customers better insights and greater investment opportunities.
The core USP of the platform revolves around the affordability of alternative data. Unlike high-level alternative data platforms that charge you a hefty subscription fee for their services, AltIndex is entirely free. Once signed up, users can easily leverage the platform’s free data to strategize their movement across stock and crypto markets.
Besides, its unique data inspection abilities have also added to the hype behind this platform. The platform gathers and analyzes data across opinions, social trends, and overall sentiment. The AI-powered platform extracts billions of data points from social media channels, including likes, comments, posts, mentions, and shares.
Core Features Of The AltIndex Platform
Monitor Company Performance
The possibility to monitor the performance of different companies is one of the most highlighted features of the AltIndex alternative data platform. The real-time data tool employs a comprehensive approach to investment analysis, which involves analyzing and downloading all the significant data sets related to a company’s performance.
The AI software uses various filters and methodologies to encompass a broad range of data points, including customer satisfaction ratings, job postings, app downloads, website traffic, and social media followers, among other critical indicators. The platform continues to analyze, compare, and track the results of different companies to benchmark its performance against industry peers, allowing investors to identify opportunities and make informed investment decisions.
Get Impactful Stock Alerts
No matter their experience in the market, every stock trader or investor looks forward to impactful stock alerts, especially the ones that add to their ROI. Interestingly, AltIndex has worked on such possibilities with its alternative data platform. It offers cutting-edge solutions that allow investors to stay aware and informed of any developments in the portfolio of shortlisted companies.
Once signed up, you can receive timely notifications from AltIndex, every time a company experiences a significant surge in their website, an uptick in page traffic, or a shift in employee satisfaction levels, among other crucial indicators. This way, the platform’s data analytics tools and advanced algorithms allow investors to act quickly with their investment decisions.
Track Your Portfolio
Regardless of their size or market experience, almost every other investor wants to outperform the market. Interestingly, AltIndex covers such enthusiasts with its portfolio tracking feature. The platform allows investors to track the companies and projects in their portfolio over time and stay informed on alerts, critical news, and market trends.
Once signed up, investors can access a centralized platform with real-time insights on your portfolio’s performance and accurate data to make the necessary decisions. What’s more? AltIndex also features top lists and other valuable resources that analyze your investment strategies and help you stay ahead in your investment game.
Special Segregation Of The Stock Market
AltIndex intends to be a complete end-to-end alternative data platform for investors in the stock and crypto markets. While the platform is well-equipped with suitable tools for crypto enthusiasts, it also continues with a similar appeal for stock market investors.
The platform supports thousands of companies listed under different categories in the US stock market. The list covers some of the best small-cap stocks on the NASDAQ and NYSE. Besides, users also receive the functionality to find trending stocks on AltIndex. For instance, you can easily click on a selected stock to reveal the alternative data points and reports on the given share.
Robust Brand Sentiment Analysis
The sentiment analysis feature is the most unique offering of the AltIndex alternative data platform. Apart from analyzing the traditional data present in the market, the platform also examines social data, such as the handle’s reach, number of likes, followers, comments, and searches. Not to mention the overall brand sentiment created by the company on social media.
AltIndex also looks at patterns in job postings related to the corresponding stock. For instance, if the quantity of job listings is increasing, this may indicate that the business is doing well financially. In addition, AltIndex offers alternative statistics on news mentions, ESG ratings, and the general state of the economy. AltIndex also keeps tabs on new patent applications.
When looking for biotech stocks with novel medicines, this might be helpful. AltIndex will be helpful to those who have no prior expertise in analyzing alternative data. Based on all the information it collects, it provides stock price projections to help users get an idea of the future performance of any given share.
Sourcing Data Just Got Easier!
With its offering, AltIndex seeks to add value and innovation to its users. Since the platform is free to use and offers almost every possible data set that influences the crypto and stock markets, it is one of the best premier-grade tools to give you an edge in your investment journey.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
