Useful Financial Data Website

Hemon

(Notice: These sites can only be accessed using your “Hanyang mail”)

Wharton Research Data Services (WRDS)

Wharton Research Data Services (WRDS) is a comprehensive web-based business data research service used by academic, government, and non-profit institutions. WRDS is managed by the Wharton School of the University of Pennsylvania. It provides access to a wide range of financial, economic, and marketing data, and it is particularly popular among researchers and analysts in the fields of finance, accounting, economics, and management.

Key features and offerings of WRDS include:

Data Sources: WRDS aggregates data from a variety of sources, including financial markets, accounting, banking, economics, and more. It covers a wide range of datasets from providers such as CRSP, Compustat, IBES, TRACE, and many others.
Analytics Tools: The platform provides tools for data analysis and extraction. Users can perform complex queries, download data, and conduct statistical analyses using tools like SAS, Stata, R, Python, and Matlab.
Research Applications: WRDS supports various research applications, including academic research, financial analysis, risk management, and corporate strategy. Researchers can use the platform to access historical data, conduct backtesting, and perform empirical research.
User Support: WRDS offers user support to help researchers navigate the platform and make the most of its features. This includes documentation, tutorials, and assistance from a dedicated support team.
Access Control: Access to WRDS is typically restricted to academic institutions, government agencies, and non-profit organizations. Users often need to be affiliated with a subscribing institution to access the platform.

2. The Center for Research in Security Prices (CRSP)

The Center for Research in Security Prices (CRSP) is a leading research center in the field of finance. It was established in 1960 at the University of Chicago Booth School of Business. CRSP is well-known for its comprehensive and high-quality historical databases on security prices, returns, and other financial market data.

The primary goal of CRSP is to provide researchers and academics with reliable and accurate data to conduct empirical research in finance. The center collects, maintains, and distributes a wide range of financial data, including daily and monthly stock and index prices, dividends, and total returns. This data is essential for analyzing and understanding various aspects of financial markets, such as stock performance, volatility, and the impact of events on securities.

Researchers and practitioners use CRSP data for a variety of purposes, including:

Asset Pricing Research: Examining the factors that influence asset prices and returns.
Market Efficiency Studies: Analyzing the efficiency of financial markets in reflecting information.
Portfolio Management: Constructing and evaluating investment portfolios based on historical performance.
Risk Management: Assessing and managing financial risk using historical market data.
Academic Research: Supporting academic studies in finance, economics, and related fields.

CRSP has played a crucial role in advancing financial research and has contributed significantly to the development of theories and models in the field of finance. The center’s databases are widely used in academic institutions, financial firms, and research organizations around the world.