---
title: Investing in Data Capital
url: https://www.ml-quant.com/papers/ssrn/7680002/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-11-06
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7680002
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7680002
featured: 2026-11-06
citations: unknown
topic: Asset Pricing & Factors
---


# Investing in Data Capital

Measuring data investment from earnings calls, the research shows data capital's share of investment reached about one-eighth in 2025 and commands a market premium of 12 dollars per dollar invested.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7680002
- Identifier: SSRN 7680002
- Released: 2026-11-05
- First featured: Quant Letter No. 138 (2026-11-06): https://www.ml-quant.com/issues/2026-11-06/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors
- Authors: Zhenkai Ran, Xiangyu Lin, Xinchen Ma

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