New York, New York, October 22nd, 2024,
Chainwire
Truflation, a leading provider of real-time financial data, is
excited to announce the launch of The Deadlift Index, based
on the research done by Pieter Levels on X (@levelsio) which
stipulates that CEO who lift outperform those who don’t on S&P
500.
The Deadlift Index merges fitness, trends, finance, and
corporate performance. Based on research in collaboration with ,
the Deadlift Index highlights a surprising correlation: CEOs who
lift weights—particularly those who deadlift—outperform those who
don’t on the S&P 500.
The Deadlift Index offers a fresh approach to tracking not only
traditional Real-World Assets (RWAs) but also company performance
based on unique, non-financial indicators. This makes it a
one-of-a-kind tool for investors seeking creative and alternative
ways to analyze markets. This will also be tradable, more
information coming soon.
In a financial world grappling with rising inflation and
volatile markets, Truflation allows users to create their own
indices tailored to their specific investment strategies. Investors
can curate indices that measure the aggregate performance of RWAs,
sectors, or even personal values. For instance, users have already
expressed interest in developing specialized indices such as a
Vegan Index, measuring the performance of companies aligned with
sustainable and ethical practices, or a Millennial Index targeting
firms with millennial leadership or innovative business models.
"At Truflation, we’re focused on empowering users with the tools
they need to navigate an ever-changing economy. The Deadlift Index, along
with our new user-created indices, brings unprecedented freedom and
flexibility to financial analysis," said Stefan Rust, CEO of
Truflation. "By leveraging our decentralized data network and our
80+ global data partners, we’re offering real-time insights on
everything from company performance to the value of wine as an
investment asset."
Index Customization: A Hedge Against
Inflation
With inflation driving up the costs of goods and services, many
investors are seeking new methods to protect their portfolios.
Truflation’s customizable indices serve as a strategic hedge
against potential losses. Investors can craft indices that reflect
their personal values or anticipate trends, while also guarding
against inflation. These indices will be tradeable and updated in
real-time, reflecting live market fluctuations, providing investors
with up-to-date, actionable data.
For example, in the current inflationary environment, a
customized AI Index tracking
artificial intelligence (AI) stocks or sustainable energy companies
may offer a hedge against traditional assets, which may
underperform as costs rise. The soon to be launched Wine Index,
which measures the value of fine wines as an asset, has seen
increased attention in recent years, demonstrating the growing
popularity of alternative assets.
The Future of Finance, Real-Time and
Decentralized
Unlike traditional indices that often update at the end of a
trading day, Truflation's indices are powered by real-time data
feeds, providing live price updates on underlying components.
Investors can monitor shifts in their portfolios minute-by-minute,
giving them a real-time pulse on the economy.
The Deadlift Index is just one of many creative and customizable
indices available. As the financial landscape becomes increasingly
complex, Truflation is leading the charge toward more dynamic,
real-time tools that help investors make informed decisions and
protect their assets.
For more information on the Deadlift Index and how to create
your own, visit www.truflation.com.
Expanding the Horizons of Inflation
Tracking
Truflation continues to lead the charge in bringing real-time,
decentralized data to the forefront of financial decision-making.
With dedicated dashboards that calculate inflation metrics for the
U.S., UK, Argentina and soon India, Truflation is setting new
standards in how inflation is measured and understood. These
alternative metrics address the limitations of traditional indices,
offering a more nuanced and comprehensive view of economic
conditions. This data is not only valuable for investors but also
for businesses, policymakers, and individuals seeking to navigate
an increasingly volatile economic landscape.
About Truflation
Truflation is at the forefront of the data revolution, offering
real-time, decentralized financial data across multiple sectors.
With a commitment to transparency and accuracy, Truflation's
platform tracks over 20 million items with more than 80+ data
providers. By bringing data on-chain, Truflation is democratizing
access to critical financial information, empowering users to make
better, more informed decisions in real-time.
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Contact
Jennifer
Morrison
Jennifer@truflation.com