Real-World & Alternative DataExtended setwaiting_dataNew

Sunshine Mood Local Hq

Updated dailyData needs: mediumshort onlylong onlylong short
paper
2003
Source
Hirshleifer, D., Shumway, T. (2003). "Good Day Sunshine: Stock Returns and the Weather." Journal of Finance, 58(3), 1009-1032. Also Goetzmann-Kim-Kumar-Wang 2015 RFS.
Read the paper →

In plain terms

Cloudy NYC days dim trader mood — NYC-HQ stocks drift down the next session.

How it works

NYC-metro cloud cover affects institutional-trader mood; sunny days produce positive next-day drift in NYC-HQ tickers, cloudy days negative drift.

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.

  • Firm hq locations

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

  • Noaa ghcnd daily

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

Expected edge

Reported return
10-15 bps/day
Tested over
T+0 to T+3d

10-15 bps/day post-institutional-control.

Related families

Explore Sunshine Mood Local Hq 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