Helios Featured on VPRO Documentary Wall Street Data Goldrush

NEW YORK, October 20, 2021 - Gerwin Schalk, Chief Scientific Officer of Helios Life Enterprises, pioneer in voice-based tonal analysis, was today featured in VPRO documentary, Wall Street Data Goldrush.

Helios Featured on VPRO Documentary Wall Street Data Goldrush

NEW YORK, October 20, 2021 - Dr. Gerwin Schalk, Co-Founder and Chief Scientific Officer of Helios Life Enterprises, pioneer in voice-based tonal analysis, was today featured in the VPRO documentary, Wall Street Data Goldrush.

VPRO reports on the infinite data streams entering the stock market and sits down with several companies to gain insight into the rapidly advancing world of alternative data. Waiting for annual reports, analyst reports, quarterly figures, and press releases is a thing of the past as alternative data has proven to increase trading efficiency.

The potential of the alternative data world is infinite, growing 40% annually due to the amount of ever-increasing data. Approximately 30% of investors have heard of alternative data and potentially explored it, but have never used it. Yet, there is a growing number of investors quietly leveraging this data to understand how well a company is performing day in and day out rather than once a quarter.

Co-Founder of Thinknum Alternative Data – Justin Zhen – notes, “That is an edge that is too big. Everyone is going to have to use alternative data. Obviously, once everyone uses alternative data then you have people that can use it better than others, but the next step is everyone has to use alternative data and that will happen in less than 10 years […] This is helping markets, investors, corporations, and governments invest more efficiently.”

As Founder and Executive Chairman of Eagle Alpha, Emmet Kilduff said, “It’ll become table stakes, in fact, the word alternative will fall away in a few years’ time. [...] In the end, it’s just data. Alternative data is, maybe, a sexier term at the moment to differentiate versus the old data but it’s just data and if you’re not working with data then best of luck.”

Examples highlighted by VPRO that demonstrate the capabilities of alternative data firms:

  • Picked up flaws in WeWork’s business, 3 years prior to when it was publicly discovered the company had vastly overstated their earnings
  • Predicted Raytheon and United Technologies merger by analyzing companies' jet activity
  • Detected misalignment, and fraudulent activities, between Valeant Pharmaceuticals’ public statements and executives’ questionable actions leading up to SEC charges
  • Predicted the Tesla stock boom that began in January 2020 through voice-based tonal analysis of key executives

Dr. Gerwin Schalk, Chief Scientific Officer at Helios, discusses the advantage voice-based, tonal analysis holds over text-based information and written company statements: “What an investor is really interested in is how to get a better understanding of a firm. Now, they don’t know about the firm directly. [...] They only know that the best they can do is to interact with the executives. […] Now, the executives can change how they communicate. In fact, they can change the words. In fact, they are being coached to use certain words. They may, for example, sound more positive in their words than what they really know about the company.  [...] The tone of the voice is a channel that very much leaks emotional information and it’s very difficult for people to hide this.”

The Helios technology that Schalk discusses derives unique tonal fingerprints for every speaker to help investors unlock unique alpha, revolutionizing audio data in finance and providing the highest level of conversational intelligence. By peering even deeper into nearly every corporate audio event across major US firms, investors are able to make sounder decisions with proven results.

For more information, watch the full documentary Wall Street Data Goldrush:

To learn more about the value of voice-based tonal analysis, read our white paper authored by Helios Co-Founder and Chief Scientific Officer, Dr. Gerwin Schalk.


About Helios Life Enterprises

Helios Life Enterprises (HLE) is a pioneer in voice-based tonal analysis. HLE is the first and currently only company to conceive and devise a widely available data platform that delivers systematic analytics of an executive’s voice during critical corporate events. These analytics provide novel information that is useful for predicting future earnings surprises, company performance, and cumulative abnormal returns in the context of M&A events. Core product offerings include the Comprehend product suite for buy-side investors of all sizes and in limited pilot Mercury; a scaled research and audio analytics platform that allows a firm to extract full tonal value from their own proprietary audio.
For more information or to request a demonstration, please visit https://www.helioslife.enterprises/.

About VPRO

VPRO Documentary publishes a new documentary every week on Youtube, investigating current affairs, finance, sustainability, climate change or politics, and once in a while a personal story.

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