Geographical#205tier 3live in productionNew

nasa black marble nightlights

cadence: Monthlydata: highlong onlyshort onlylong short
paper
2012
Source
Henderson, J.V., Storeygard, A., Weil, D.N. (2012). "Measuring Economic Growth from Outer Space." American Economic Review, 102(2), 994-1028.
Read the paper →

What it checks

NASA satellite shows nightlights brighten in a regional bank's MSA → loan growth follows.

Mechanism

NASA Black Marble nightlight MoM delta in ticker HQ-MSA proxies regional growth → leads regional bank deposit/loan growth 1-2 months.

No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag.

Signal rule

HQ-MSA nightlight MoM Δ > +2σ → long KRE constituents; < -2σ → short; hold 30/60d

Data dependencies

  • daily_prices

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

  • nasa_black_marble_msa

    Worker data table — see services/worker schema.

  • firm_hq_locations

    Worker data table — see services/worker schema.

Expected edge

Paper alpha
50-100 bps
Paper window
T+0 to T+60d

50-100 bps over 30-60d.

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 nasa black marble nightlights 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