Advan Research Corporation, the leading geolocation data provider for the financial industry, announced a new dataset comprised of 20 (twenty) years of Weather Data, including mean, min, max, median temperature, wind, rainfall, snow and adverse conditions, covering the same companies and locations as its foot traffic data: 1,783 companies, of which 1,250 publicly traded. "Weather influences company performance, from the number of hospital patients increasing during cold days, to companies heavily weighted in winter equipment performing better when there is more snow. Both fundamental and quantitative funds have been using weather in their processes, but by computing weather metrics on our manually verified store and factory locations across all the companies we cover, customers can now directly overlay weather to traffic data, and have an extensive and accurate history of weather metrics across the actual company locations," said Yiannis Tsiounis, Ph.D., Advan’s founder and CEO. The weather data is updated daily, and it measures traffic on the company as well as on the individual location level, with the locations of companies being computed on an as-of basis for over 900 of the covered tickers. About Advan
Advan processes 10 billion daily foot traffic observations using 1,500 cellphone applications, over 1.5 million manually geofenced locations of 1,800 companies, including 1,250 publicly traded tickers across all sectors. Advan guarantees 99.5% accuracy of geofences in 913 brands, and computes 20 years of weather data across all its locations and companies.
Advan is headquartered in New York City. For more information please visit advanresearch.com
