Real-World & Alternative DataExtended setlive in productionNew

Corporate Jet Destinations

Updated dailyData needs: highlong only
paper
2023
Source
Bao, J., Edmans, A. (2023). "Do CEOs Travel for Acquisitions?" Review of Financial Studies.
Read the paper →

In plain terms

Corporate jet flies to unusual city → possible M&A coming.

How it works

FAA-registered corporate jet visits unusual airport (not in baseline 5y top-3) → M&A rumor signal.

No live results for this strategy yet. Charts appear once it has earned a top spot on at least one stock, either on its own or as part of a blend of several strategies.
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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.

  • Corporate jets lookup

    A data feed this strategy reads, refreshed on its normal schedule.

Expected edge

Reported return
+1% to +3% leak
Tested over
T+0 to T+30d

event-study; +1% to +3% on M&A leak signal.

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 Destinations on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more