Weather#180tier 2live in productionNew
wildfire acreage utility short
cadence: Dailydata: 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 →
What it checks
Big CA wildfire → PG&E and other CA utilities drop for 1-3 weeks.
Mechanism
CA wildfires >50k acres drive negative drift in CA IOUs (PCG/EIX/SRE) via PSPS + inverse-condemnation liability.
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
CA fire acres>=50k AND not contained → short cohort ticker; hold 1/3/15d
Data dependencies
daily_pricesAdjusted-close OHLCV for every US-listed ticker; primary price feed.
nifc_firesWorker data table — see services/worker schema.
Expected edge
- Paper alpha
- -2% to -6%
- Paper window
- 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.