Alt-data#244tier 3live in productionNew

steam player decay 30d

cadence: Event-drivendata: mediumshort onlylong short
paper
2026
Source
Novel research — in-house discovery (alphactor 2026-05-20). No academic precedent for retention-curve-as-short signal in equity research that we found.
Citation only — paper link pending.

What it checks

If a new game loses more than half its players in the first 30 days, the publisher's upcoming earnings will likely miss. We track day-1 vs day-30 concurrent-player counts and short the publisher when a title fails to hold its launch audience.

Mechanism

A new game's 30-day retention curve is the cleanest read on product quality and monetization runway. CCU(d+30)/CCU(d+0) much below 0.5 means the title isn't holding its launch audience — DLC/season-pass attach will miss, and near-term revenue guidance is at risk. We short the publisher 10/20 trading days after observing the steep-decay event.

No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag, or once a multi-family blend that includes it earns a champion slot.

Signal rule

For each game in steam_publisher_ticker_map: day1_ccu = MAX(current_players) over first 3 snapshots; day30_ccu = MAX over snapshots in offset [30,37] days; retention_30 = day30/day1; fire -1 SHORT when retention<0.5; 10/20d holds; lag-1 trading day.

Data dependencies

  • daily_prices

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

  • steam_top_games_concurrent

    Worker data table — see services/worker schema.

  • steam_publisher_ticker_map

    Worker data table — see services/worker schema.

Expected edge

Paper alpha
untested — internal
Paper window
T+0 to T+20d

Untested — internal. Target -50 to -150 bps annualized on the gaming-publisher subset; ~2-5 steep-decay events per publisher per year.

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 steam player decay 30d 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