Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. It only takes a minute to sign up.
Sign up to join this community
I have been collecting tick level stock data for about 200 stocks as well as the main indexes. Originally it was to test some algorithmic trading ideas I had, but I wasn't able to find anything that worked, so I gave up. But the data is still being collected on my VPS because I never stopped the collection scripts. As of now I have back to early 2017 (January I think).
Is the data valuable?
It almost certainly has some value - there are companies that exist solely for the purpose of distributing that data. However, you almost certainly got the data from one of those companies, whether directly or indirectly, and probably under terms that would prevent you from reselling it. So your first step should be to look at the terms of use for the place that you've been downloading the data from.
If you're in the clear there, then the question is whether you can find somebody else who is interested in the same list of 200 symbols as you were, only cares about the last 2-3 years of data, and doesn't already have a source for that data themselves. I'm not sure, but I suspect that anyone who knows that they have a use for that data already has paid for access to it, so you'd most likely be looking at hobbyists or researchers.
In other words, if you are wondering whether somebody might find it useful, then probably yes. If you're wondering if there's a way for you to sell or license the data you've collected, then I doubt it.
The data itself holds some value, but that type of data is relatively easy to come by if you're in the market for it. You can either collect it on your own or pay a company who collects massive amounts of data on a broader range of equities (i.e. more than 200).
The raw data itself would likely be used for a higher level analysis, in which case, someone would probably want information on more than 200 stocks.
Basically, the question comes down to, "why would someone buy the data from you vs. another company that specializes in data collection?" (With all due respect)
If you had a way of running some type of analysis on the data, it may make it more valuable. You could then package it as a report with patterns and insights.
