Software Alternatives, Accelerators & Startups

CloudQuant VS DataThief III

Compare CloudQuant VS DataThief III and see what are their differences

CloudQuant logo CloudQuant

Crowd based algorithmic trading development and backtesing for stock market trading.

DataThief III logo DataThief III

DataThief III is a program to extract (reverse engineer) data points from a graph.
  • CloudQuant Landing page
    Landing page //
    2021-08-01
  • DataThief III Landing page
    Landing page //
    2019-09-26

CloudQuant features and specs

  • Data Variety
    CloudQuant provides access to a wide range of alternative datasets, enabling users to explore diverse data sources for more informed trading strategies.
  • Backtesting Features
    The platform offers robust backtesting tools, which allow users to test their trading algorithms under historical market conditions to evaluate their performance.
  • Collaborative Environment
    CloudQuant fosters a collaborative environment where users can share strategies and insights with a community of other developers and traders.
  • Python-Based
    The platform supports Python programming, which is popular among developers for its simplicity and extensive library support, making it accessible for quantitative research.

Possible disadvantages of CloudQuant

  • Learning Curve
    New users may face a steep learning curve, particularly if they are unfamiliar with quantitative analysis or programming, which can be a barrier to entry.
  • Cost
    Accessing advanced features or specific datasets on CloudQuant may incur significant costs, which could be prohibitive for individual traders or small firms.
  • Dependence on Internet
    As with any cloud-based platform, using CloudQuant requires a reliable internet connection, which can be a limitation in areas with unstable connectivity.
  • Complexity for Beginners
    The complexity of the platform might overwhelm beginners who might find it challenging to navigate the advanced features without prior experience or guidance.

DataThief III features and specs

  • Ease of Use
    DataThief III provides a straightforward interface that makes it easy for users to extract data from graphs, even if they have limited technical skills.
  • Support for Various Graphs
    The software can handle a variety of graphs such as line graphs, scatter plots, and bar charts, making it versatile for different data extraction needs.
  • Interactive Features
    DataThief III offers interactive features that allow users to manually adjust data points, ensuring precise data extraction.
  • Cross-Platform Compatibility
    Available for multiple operating systems, including Windows, macOS, and Linux, which allows for broader accessibility.

Possible disadvantages of DataThief III

  • Limited Output Formats
    The software primarily supports output to CSV format, which might require additional work for users who need other formats.
  • No Advanced Analysis Tools
    DataThief III focuses solely on data extraction and does not provide advanced analysis tools, requiring users to use additional software for analysis.
  • Manual Data Adjustment
    While manual adjustment contributes to accuracy, it can be time-consuming if many data points require it.
  • Older User Interface
    The interface might feel outdated compared to more modern software solutions which can affect user experience.

CloudQuant videos

Advanced 1 - CloudQuant presentation for theย University of Chicago Financial Program

More videos:

  • Review - SMB Quant (002): โ€œDemocratization of Tradingโ€ with Paul Tunney from CloudQuant

DataThief III videos

No DataThief III videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to CloudQuant and DataThief III)
Finance
100 100%
0% 0
Data Extraction
0 0%
100% 100
Tool
100 100%
0% 0
Development
43 43%
57% 57

User comments

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Social recommendations and mentions

Based on our record, DataThief III seems to be more popular. It has been mentiond 4 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CloudQuant mentions (0)

We have not tracked any mentions of CloudQuant yet. Tracking of CloudQuant recommendations started around Mar 2021.

DataThief III mentions (4)

  • Show HN: Extract Data from Line Chart Image
    Glad to see some work in this space. While I was doing my PhD all I had was https://datathief.org/, which usually did the job, but had some limitations and was Java-based. - Source: Hacker News / about 2 years ago
  • Ask HN: How can I convert any chart image into raw data automatically?
    I donโ€™t know if this is still up-to-date, but a decade ago I used to use this tool in cases where I couldnโ€™t access numbers behind published graphs: https://datathief.org/. - Source: Hacker News / over 3 years ago
  • [OC] Very High Correlation Between Campaign Spending and Election Results in the United States
    Use https://datathief.org/ to convert this chart to a data table if you want to try it. Source: almost 4 years ago
  • Is it possible to translate a sound wave (found in an image) back into sound ?
    Use something like DataThief (https://datathief.org/) to get the waveform as data points. This depends on having a pretty clear picture of the waveform. Source: over 4 years ago

What are some alternatives?

When comparing CloudQuant and DataThief III, you can also consider the following products

Quantopian - Your algorithmic investing platform

g3data - g3data is used for extracting data from graphs.

QuantConnect - QuantConnect provides a free algorithm backtesting tool and financial data so engineers can design algorithmic trading strategies. We are democratizing algorithm trading technology to empower investors.

WebPlotDigitizer - WebPlotDigitizer - Web based tool to extract numerical data from plots, images and maps.

Backtrader - Backtrader is a complete and advanced python framework that is used for backtesting and trading.

im2graph - im2graph graph digitizing software to convert graphs to numbers