September 29th, 2012 – Seeing Lending Club in Real Time

As stated in previous posts, here at P2P Analytics there is a new index in the works. The new index seeks to keep track of In Funding notes, and details regarding these notes, in real time. Here is a short list of some of  the things that will be tracked in the future as this index is developed:

#1. How large of a pool of notes currently stands in funding. How is this funding sorted by grade or other investor preference?

#2 How much funding currently stands invested in these notes? How is this funding sorted by grade or other investor preference?

#3 How much demand is there for particular types of notes? How rapidly is funding flowing into certain kinds of notes?

#4 What note types can be designated as “at risk” in  terms of investor availability?

To answer these questions, P2P Analytics is now hosting a 24/7 server which will download, in real time once an hour, the In Funding note information from LendingClub. This new server is a dedicated unit solely for this purpose based on the Raspberry Pi hardware found here. Below are the results of the first test run of  this new system.

 

 

 

 

 

 

 

This data was collected on September 28th from 5 pm to 10 pm Pacific Time from LendingClub’s investing platform. Note: The algorithm does not simply download InFundingStats.csv (which is updated relatively infrequently). This algorithm works on real time information as presented to investors on the investment section of the Lending Club platform.

More details to come.

You can leave a response, or trackback from your own site.

Leave a Reply


+ 6 = eleven

Note: The material presented on P2Panalytics is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither P2PAnalytics nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither P2PAnalytics nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of Peer to Peer Lending notes and portfolios for educational purposes, is not necessarily indicative of future results. Anyone related to P2PAnalytics may hold positions in the notes mentioned, which may change at any time without notice. Peer to Peer lending has inherent risks and P2PAnalytics is not responsible for investment losses incurred by any of its users or readers.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.