Real-World & Alternative DataExtended setlive in productionNew
Wildfire Acreage Utility Short
Updated dailyData needs: mediumshort only
paper
2024
Source
Pankratz, N., Schiller, C. (2024). "Climate Change and Adaptation in Global Supply-Chain Networks." Review of Financial Studies. Also Mukanjari-Sterner 2020 Environmental and Resource Economics.
Read the paper →
In plain terms
Big CA wildfire → PG&E and other CA utilities drop for 1-3 weeks.
How it works
CA wildfires >50k acres drive negative drift in CA IOUs (PCG/EIX/SRE) via PSPS + inverse-condemnation liability.
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.
- Nifc fires
A data feed this strategy reads, refreshed on its normal schedule.
Expected edge
- Reported return
- -2% to -6%
- Tested over
- T+0 to T+15d
-2% to -6% over 15d.
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 Wildfire Acreage Utility Short on alphactor.ai
See which tickers this family is currently firing on, with live signals and rankings.