Real-World & Alternative DataExtended setexperimental liveNew

El Nino Softs Long

Updated monthlyData needs: lowlong only
paper
2017
Source
Cashin, P., Mohaddes, K., Raissi, M. (2017). "Fair weather or foul? The macroeconomic effects of El Niño." Journal of International Economics, 106, 37-54.
Read the paper →

In plain terms

When NOAA's El Niño index (ONI) hits strong territory (>= +1.5), coffee, sugar and soy supplies tighten globally. Companies heavily exposed to those inputs (Starbucks, ADM, Bunge) tend to rise over the following 3-6 months.

How it works

Strong El Niño events (ONI > +1.5) drive supply-side shocks in soft commodities — coffee (Brazil drought), sugar (Indian monsoon disruption), soy (South American drought). Consumer-staples firms heavily exposed to coffee and soy as input costs (Starbucks, ADM, BG) historically LIFT over 90-180 days as price escalation flows through to revenue/mix.

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.
Loading substrate evidence…

Data dependencies

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • Noaa oni

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

Expected edge

Reported return
+3-7% over 90-180d
Tested over
T+14d to T+180d

+3-7% over 90-180d on soft-exposed staples during strong El Niño (CMR 2017).

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 El Nino Softs Long 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