Quiver Quantitative Review – Is This Research Platform Worth Using?

About Quiver Quantitative

Quiver Quantitative, also known as Quiver Quant, is a free stock research platform that uses publicly available data sources to give traders and investors a different perspective on the market. The platform offers data about what stocks members of Congress are trading, what stocks are hot on Wall Street Bets, and what companies are receiving government contracts.

Is this platform worth your time? In our Quiver Quantitative review, we’ll take a closer look at everything this service has to offer.

Quiver Quantitative Pricing Options

Quiver Quantitative offers a lot of its data for free, but you’ll need to pay $30 per month or $300 per year to see what stocks are in each of the strategies it tracks. In addition, Quiver Quantitative charges $20 per month for daily pre-market email reports. The platform offers a one-month free trial for both services.

Quiver Quantitative Features

Strategies

The most significant feature Quiver Quant offers is its strategies. These are portfolios created from unusual datasets, like what stocks members of Congress are buying and selling or what companies are being searched the most on Wikipedia. Some of Quiver Quantitative’s strategies cover specific Congressional representatives like Nancy Pelosi or specific committees like the Senate Homeland Security Committee. All of the data Quiver Quantitative uses comes from public filings or databases.

The best-performing strategies have annual returns of more than 70%. For reference, the S&P 500 has returned an average of 13% per year since 2010.

Each strategy provides information about what stocks are included in the strategy and its performance over time. If you’re signed up for Quiver Quantitative alerts, you’ll receive an update about position changes in any of the strategies in the daily pre-market email.

Data Feeds

Quiver Quantitative uses its data sources to create unique feeds that traders and investors can use to generate trade ideas. One feed shows trading performance by US House representatives and overall trading activity by Congressional representatives over time. Another examines stock recommendations made by CNBC hosts. You can see what stocks are most recommended to buy or sell on CNBC right now as well as how each host has performed over the past week and the past quarter.

Additional data feeds provide insight into corporate lobbying activity, what stocks are most discussed on Reddit’s Wall Street Bets or Twitter, and even how companies’ mobile app star ratings are changing over time.

Quiver Quant also tracks more traditional financial filings, including insider trading and institutional holdings. The platform also has a dashboard that highlights stocks for which the Estimize earnings estimate is significantly above or below the Wall Street consensus estimate for upcoming earnings reports.

Stock Research

You can also research individual stocks in Quiver Quantitative. Stock pages include a basic price chart and financial data from TradingView, plus dashboards summarizing the alternative data that Quiver Quantitative provides.

You can view summaries of how institutional investors, insiders, and members of Congress are changing their position in a stock. You can also see how frequently the stock is mentioned on Wall Street Bets, what government contracts it has won recently, and what lobbying activity it has reported. If you have a paid Quiver Quantitative subscription, you can also see which strategies a stock is currently included in.

Customization and Layout

Quiver Quantitative doesn’t offer many customization options. There are no watchlists, you cannot set up activity alerts around individual companies, and you cannot customize the dashboard. Still, the platform is fairly easy to navigate, and you’re unlikely to have trouble finding all of the data feeds.

Quiver Quantitative Platform Differentiators

Quiver Quantitative offers a very different perspective from most other stock research platforms. Instead of being like other stock research services that focus on financials or technical indicators, such as Zacks Premium or Validea, the Quiver Quantitative platform uses publicly available datasets to paint a picture of sentiment, momentum, and insider activity. Some of Quiver Quantitative’s data fees, including the ones that cover Wikipedia searches, CNBC recommendations, and mobile app ratings, are datasets that you’ll have a hard time finding elsewhere.

There’s potential value in using Quiver Quantitative strategies since many of them have beaten the market’s performance. This is particularly true for strategies focused on Congressional trading, although there are several other platforms – including Capitol Trades and Senate Stock Watcher – that offer Congressional trading data for free.

What Type of Trader is Quiver Quantitative Best For?

Quiver Quantitative is best for traders and investors who want to incorporate non-traditional datasets into their stock analysis. The platform’s data can provide additional insight into whether consumers are enthusiastic about a company, whether a company is expanding or contracting activities like lobbying, and whether insiders, institutions, and members of Congress are hot or cold on a stock. Quiver Quantitative can also be used to generate stock ideas using either the data feeds or strategies.

For most investors, the free data feeds provide plenty of information. Quiver Quantitative’s strategies are interesting, but they are surprisingly pricey, and they don’t provide context about why a stock is being searched or traded by members of Congress.

Pros

• Offers unique, alternative stock datasets
• Many strategies have beaten the S&P 500
• Most data feeds are available for free
• One-month free trial for paid services

Cons

• Very few customization options
• Access to strategies is pricey