Corporate-Jet Merger Signal
In plain terms
If multiple companies' corporate jets land at the same airport within 48 hours and yours is one of them, an M&A is likely brewing. We buy the target's stock and hold for two to four weeks.
How it works
When >=2 distinct corporate jets (candidate acquirer + target) land at the same metropolitan/regional airport within a rolling 48h window, the pattern statistically precedes an M&A announcement leak. The single-jet "unusual destination" effect from Bao-Edmans 2023 (#201) is complemented here by a multi-party clustering rule on the same source data.
Data dependencies
- Daily prices
Adjusted-close OHLCV for every US-listed ticker; primary price feed.
- Corporate jet flights
Corporate-jet flight history derived from OpenSky/ADSB sources and mapped to tickers.
Expected edge
- Reported return
- 1-3% / event (target untested)
- Tested over
- T+0 to T+30d
Akey-Heimer 2020 documents 1-3% abnormal acquirer returns over 30d on multi-jet co-presence; target-side capture untested.
Example tickers where this is likely to fire
Illustrative only, the signal fires based on the live data, not a fixed list.
Related families
Explore Corporate-Jet Merger Signal on alphactor.ai
See which tickers this family is currently firing on, with live signals and rankings.