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causal20sc100 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company.
Answer: | noise | The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. | [
"noise",
"causal"
] | 0 |
causal20sc101 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 67. Volatility/C Score Stock volatility is a percentage that indicates whether a stock is a desirable purchase. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.
Answer: | noise | Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 67. Volatility/C Score Stock volatility is a percentage that indicates whether a stock is a desirable purchase. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. | [
"noise",
"causal"
] | 0 |
causal20sc102 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The Volatility 12m of Altium Limited (ASX:ALU) is 46.295300.
Answer: | noise | The Volatility 12m of Altium Limited (ASX:ALU) is 46.295300. | [
"noise",
"causal"
] | 0 |
causal20sc103 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. The lower the number, a company is thought to have low volatility.
Answer: | noise | This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. The lower the number, a company is thought to have low volatility. | [
"noise",
"causal"
] | 0 |
causal20sc104 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. The Volatility 3m of Altium Limited (ASX:ALU) is 37.637400.
Answer: | noise | The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. The Volatility 3m of Altium Limited (ASX:ALU) is 37.637400. | [
"noise",
"causal"
] | 0 |
causal20sc105 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The Volatility 6m is the same, except measured over the course of six months. The Volatility 6m is 37.286400.
Answer: | noise | The Volatility 6m is the same, except measured over the course of six months. The Volatility 6m is 37.286400. | [
"noise",
"causal"
] | 0 |
causal20sc106 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Altium Limited (ASX:ALU) currently has a Montier C-score of 3.00000.
Answer: | noise | Altium Limited (ASX:ALU) currently has a Montier C-score of 3.00000. | [
"noise",
"causal"
] | 0 |
causal20sc107 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This indicator was developed by James Montier in an attempt to identify firms that were cooking the books in order to appear better on paper.
Answer: | noise | This indicator was developed by James Montier in an attempt to identify firms that were cooking the books in order to appear better on paper. | [
"noise",
"causal"
] | 0 |
causal20sc108 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood.
Answer: | noise | The score ranges from zero to six where a 0 would indicate no evidence of book cooking, and a 6 would indicate a high likelihood. | [
"noise",
"causal"
] | 0 |
causal20sc109 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: A C-score of -1 would indicate that there is not enough information available to calculate the score.
Answer: | noise | A C-score of -1 would indicate that there is not enough information available to calculate the score. | [
"noise",
"causal"
] | 0 |
causal20sc110 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Montier used six inputs in the calculation. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day's sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth. Novice investors might be striving to create a trading strategy that produces results in the equity market.
Answer: | noise | Montier used six inputs in the calculation. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day's sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth. Novice investors might be striving to create a trading strategy that produces results in the equity market. | [
"noise",
"causal"
] | 0 |
causal20sc111 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Once all the research is complete and the stocks are picked, they may need to decide what kind of time frame they will be working with in terms of buying and selling. Some investors will be making longer-term term plays, and others will be trying to make shorter-term moves. At some point, every investor will have to decide when to sell a winner and when to cut loose a loser.
Answer: | noise | Once all the research is complete and the stocks are picked, they may need to decide what kind of time frame they will be working with in terms of buying and selling. Some investors will be making longer-term term plays, and others will be trying to make shorter-term moves. At some point, every investor will have to decide when to sell a winner and when to cut loose a loser. | [
"noise",
"causal"
] | 0 |
causal20sc112 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This can be one of the most difficult decisions to make. Investors may find it really hard to sell an underperforming stock when they still believe that it will turn around and move to profit.
Answer: | noise | This can be one of the most difficult decisions to make. Investors may find it really hard to sell an underperforming stock when they still believe that it will turn around and move to profit. | [
"noise",
"causal"
] | 0 |
causal20sc113 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Waiting around for a turn around that may never come can lead to the undoing of a well crafted portfolio.
Answer: | noise | Waiting around for a turn around that may never come can lead to the undoing of a well crafted portfolio. | [
"noise",
"causal"
] | 0 |
causal20sc114 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Regularly staying on top of the markets may allow the investor to make educated buy or sell decisions when the time comes.
Answer: | noise | Regularly staying on top of the markets may allow the investor to make educated buy or sell decisions when the time comes. | [
"noise",
"causal"
] | 0 |
causal20sc115 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This may involve following major economic data, studying company fundamentals, and checking in on historical price movement and trends. Investors who are able to keep their emotions in check might find themselves in a better position than those who let emotions get the best of them.
Answer: | noise | This may involve following major economic data, studying company fundamentals, and checking in on historical price movement and trends. Investors who are able to keep their emotions in check might find themselves in a better position than those who let emotions get the best of them. | [
"noise",
"causal"
] | 0 |
causal20sc116 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Transat loss more than doubles as it works to complete Air Canada deal
Answer: | causal | Transat loss more than doubles as it works to complete Air Canada deal | [
"noise",
"causal"
] | 1 |
causal20sc117 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: MONTREAL - Transat AT Inc.'s third-quarter net loss more than doubled from the same time last year as the tour operator worked to complete its takeover by Air Canada.
Answer: | causal | MONTREAL - Transat AT Inc.'s third-quarter net loss more than doubled from the same time last year as the tour operator worked to complete its takeover by Air Canada. | [
"noise",
"causal"
] | 1 |
causal20sc118 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The Montreal-based company lost $11.0 million in the quarter ended July 31 versus its $5.0-million net loss the year prior. The push to close Transat's sale to Air Canada heaped on an extra $14 million in costs in its third quarter, including $6 million in professional fees and $7.7 million in stock-based compensation for executives.
Answer: | causal | The Montreal-based company lost $11.0 million in the quarter ended July 31 versus its $5.0-million net loss the year prior. The push to close Transat's sale to Air Canada heaped on an extra $14 million in costs in its third quarter, including $6 million in professional fees and $7.7 million in stock-based compensation for executives. | [
"noise",
"causal"
] | 1 |
causal20sc119 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Offsetting part of the expense were more travellers opting to book last-minute flights - typically pricier than long-term bookings - in a surprising trend that boosted revenue per passenger, chief operating officer Annick Guerard said.
Answer: | noise | Offsetting part of the expense were more travellers opting to book last-minute flights - typically pricier than long-term bookings - in a surprising trend that boosted revenue per passenger, chief operating officer Annick Guerard said. | [
"noise",
"causal"
] | 0 |
causal20sc120 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: I think that was an important difference that we saw, which allowed us, of course, to increase load factors, but as well to increase pricing, Guerard said on a conference call with investors Thursday.
Answer: | noise | I think that was an important difference that we saw, which allowed us, of course, to increase load factors, but as well to increase pricing, Guerard said on a conference call with investors Thursday. | [
"noise",
"causal"
] | 0 |
causal20sc121 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: I don't know if it's going to continue like this in Europe for the months to come, but for September this is what we're still seeing.
Answer: | noise | I don't know if it's going to continue like this in Europe for the months to come, but for September this is what we're still seeing. | [
"noise",
"causal"
] | 0 |
causal20sc122 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Transatlantic passenger traffic - key in the late-spring and summer months when sun-destination trips drop off - rose more than four per cent year over year last quarter to help boost revenue to $698.9 million, up from $664.6 million a year earlier.
Answer: | causal | Transatlantic passenger traffic - key in the late-spring and summer months when sun-destination trips drop off - rose more than four per cent year over year last quarter to help boost revenue to $698.9 million, up from $664.6 million a year earlier. | [
"noise",
"causal"
] | 1 |
causal20sc123 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Guerard said the ongoing grounding of the Boeing 737 Max, which has forced airlines such as Air Canada and WestJet Airlines Ltd. to fall back on less fuel-efficient planes and spend more on aircraft leases, has not worked to the advantage of Transat, which has no Max jets in its fleet. They have been able to look for alternate solutions to replace that capacity in most of the markets where we compete, Guerard said of rival carriers.
Answer: | noise | Guerard said the ongoing grounding of the Boeing 737 Max, which has forced airlines such as Air Canada and WestJet Airlines Ltd. to fall back on less fuel-efficient planes and spend more on aircraft leases, has not worked to the advantage of Transat, which has no Max jets in its fleet. They have been able to look for alternate solutions to replace that capacity in most of the markets where we compete, Guerard said of rival carriers. | [
"noise",
"causal"
] | 0 |
causal20sc124 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The $720-million Air Canada deal, approved last month by 94.7 per cent of Transat shareholders, faces intense scrutiny from regulators eyeing the impact of an acquisition that will see the country's largest carrier control at least 60 per cent of transatlantic air travel from Canada.
Answer: | causal | The $720-million Air Canada deal, approved last month by 94.7 per cent of Transat shareholders, faces intense scrutiny from regulators eyeing the impact of an acquisition that will see the country's largest carrier control at least 60 per cent of transatlantic air travel from Canada. | [
"noise",
"causal"
] | 1 |
causal20sc125 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Transport Canada has said it will conclude its assessment of the transaction by May 2, 2020.
Answer: | noise | Transport Canada has said it will conclude its assessment of the transaction by May 2, 2020. | [
"noise",
"causal"
] | 0 |
causal20sc126 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Transat, which saw a Quebec court sign off on the agreement in August, expects the $18-per-share purchase to close by the second quarter of the 2020 calendar year if the required regulatory approvals are obtained and conditions are met. We're very satisfied with the strong support received from our shareholders and the final approval of the arrangement plan, chief executive Jean-Marc Eustache said in a statement.
Answer: | noise | Transat, which saw a Quebec court sign off on the agreement in August, expects the $18-per-share purchase to close by the second quarter of the 2020 calendar year if the required regulatory approvals are obtained and conditions are met. We're very satisfied with the strong support received from our shareholders and the final approval of the arrangement plan, chief executive Jean-Marc Eustache said in a statement. | [
"noise",
"causal"
] | 0 |
causal20sc127 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Let's begin with a story: At the end of 2017, with new technology such as bitcoin, Ethereum, cryptocurrency and blockchain at their very buzziest, a small, publicly traded beverage company, Long Island Iced Tea, announced it was changing its name to Long Blockchain Corp. Literally overnight, shares skyrocketed 200% at the opening of the next trading day. Nothing had really changed except for the company's name, but the signal that the business was now tech-integrated attracted attention, press and real market value for the company and many new shareholders.
Answer: | causal | Let's begin with a story: At the end of 2017, with new technology such as bitcoin, Ethereum, cryptocurrency and blockchain at their very buzziest, a small, publicly traded beverage company, Long Island Iced Tea, announced it was changing its name to Long Blockchain Corp. Literally overnight, shares skyrocketed 200% at the opening of the next trading day. Nothing had really changed except for the company's name, but the signal that the business was now tech-integrated attracted attention, press and real market value for the company and many new shareholders. | [
"noise",
"causal"
] | 1 |
causal20sc128 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Every few months, we see a new industry-relevant article about how blockchain technology will affect commercial real estate (CRE).
Answer: | noise | Every few months, we see a new industry-relevant article about how blockchain technology will affect commercial real estate (CRE). | [
"noise",
"causal"
] | 0 |
causal20sc129 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Often, these articles gloss over the actual implications of the technology's impact on CRE and rely on searchable trending buzzwords.
Answer: | noise | Often, these articles gloss over the actual implications of the technology's impact on CRE and rely on searchable trending buzzwords. | [
"noise",
"causal"
] | 0 |
causal20sc130 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Introducing words like blockchain and cryptocurrency into our CRE vocabulary doesn't mean there is a real difference in what we're doing day to day as CRE professionals and experts.
Answer: | noise | Introducing words like blockchain and cryptocurrency into our CRE vocabulary doesn't mean there is a real difference in what we're doing day to day as CRE professionals and experts. | [
"noise",
"causal"
] | 0 |
causal20sc131 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: There is, however, a real opportunity for growth and an exciting future ahead as blockchain technology is gradually incorporated into CRE processes.
Answer: | noise | There is, however, a real opportunity for growth and an exciting future ahead as blockchain technology is gradually incorporated into CRE processes. | [
"noise",
"causal"
] | 0 |
causal20sc132 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Here, we explore a glimpse of what that future could look like. First, we should define what blockchain is: [A] shared distributed ledger technology in which each transaction is digitally signed to ensure its authenticity and integrity. The peer-to-peer nature of the network is what secures transparency.
Answer: | noise | Here, we explore a glimpse of what that future could look like. First, we should define what blockchain is: [A] shared distributed ledger technology in which each transaction is digitally signed to ensure its authenticity and integrity. The peer-to-peer nature of the network is what secures transparency. | [
"noise",
"causal"
] | 0 |
causal20sc133 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Blockchain is a powerful network because one of its principal purposes is as a decentralized database.
Answer: | noise | Blockchain is a powerful network because one of its principal purposes is as a decentralized database. | [
"noise",
"causal"
] | 0 |
causal20sc134 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Blockchain also offers benefits around capturing data. It is populated, verified and managed by thousands or millions of participants in the blockchain.
Answer: | noise | Blockchain also offers benefits around capturing data. It is populated, verified and managed by thousands or millions of participants in the blockchain. | [
"noise",
"causal"
] | 0 |
causal20sc135 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: No one individual or company is managing it, and its data cannot be manipulated.
Answer: | noise | No one individual or company is managing it, and its data cannot be manipulated. | [
"noise",
"causal"
] | 0 |
causal20sc136 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This allows for unparalleled transparency.
Answer: | noise | This allows for unparalleled transparency. | [
"noise",
"causal"
] | 0 |
causal20sc137 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: There's a level of trust in a record that can't be manipulated because it's on millions of computers that are powering the blockchain. If the blockchain is a better platform for ledger and record keeping, why isn't it yet being used universally? A Forbes article offered this answer: One, because of lack of understanding and knowledge about blockchain technology and two, because of the difficulty of scaling the technology, at least at this point in time.
Answer: | noise | There's a level of trust in a record that can't be manipulated because it's on millions of computers that are powering the blockchain. If the blockchain is a better platform for ledger and record keeping, why isn't it yet being used universally? A Forbes article offered this answer: One, because of lack of understanding and knowledge about blockchain technology and two, because of the difficulty of scaling the technology, at least at this point in time. | [
"noise",
"causal"
] | 0 |
causal20sc138 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Complete integration of blockchain technology into CRE is not on the table within the next 12 months, but its impact will likely be felt as we look ahead five to 10 years. There are financial and non-financial applications for blockchain technology in CRE, some of which are closer to the forefront than others. I see practical data implications and the asset tokenization of real estate as a good place to start.
Answer: | noise | Complete integration of blockchain technology into CRE is not on the table within the next 12 months, but its impact will likely be felt as we look ahead five to 10 years. There are financial and non-financial applications for blockchain technology in CRE, some of which are closer to the forefront than others. I see practical data implications and the asset tokenization of real estate as a good place to start. | [
"noise",
"causal"
] | 0 |
causal20sc139 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The current model for acquiring a property includes third parties and government regulations in order to secure a deed and obtain a loan to complete the process. Blockchain technology allows for digitizing and automating acquisition processes.
Answer: | noise | The current model for acquiring a property includes third parties and government regulations in order to secure a deed and obtain a loan to complete the process. Blockchain technology allows for digitizing and automating acquisition processes. | [
"noise",
"causal"
] | 0 |
causal20sc140 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: In doing so, trust is created and ensured through a transparent ledger documenting records and payments that cannot be changed. This secures an asset without jumping through all the hoops currently in place.
Answer: | noise | In doing so, trust is created and ensured through a transparent ledger documenting records and payments that cannot be changed. This secures an asset without jumping through all the hoops currently in place. | [
"noise",
"causal"
] | 0 |
causal20sc141 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: All the necessary information would be available on the blockchain.
Answer: | noise | All the necessary information would be available on the blockchain. | [
"noise",
"causal"
] | 0 |
causal20sc142 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The decentralization of a blockchain can also allow for the tokenization of properties.
Answer: | noise | The decentralization of a blockchain can also allow for the tokenization of properties. | [
"noise",
"causal"
] | 0 |
causal20sc143 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Currently, you can buy and invest in shares of a real estate portfolio as a whole through a REIT (Real Estate Investment Trust) or publicly traded real estate portfolio. The key here is that you can buy individual shares not of the property, but the portfolio. In theory, blockchain technology would allow for individuals to buy shares of an individual property through the tokenization of real estate.
Answer: | noise | Currently, you can buy and invest in shares of a real estate portfolio as a whole through a REIT (Real Estate Investment Trust) or publicly traded real estate portfolio. The key here is that you can buy individual shares not of the property, but the portfolio. In theory, blockchain technology would allow for individuals to buy shares of an individual property through the tokenization of real estate. | [
"noise",
"causal"
] | 0 |
causal20sc144 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This is because the transparency of the blockchain allows for immediate and secure property evaluations, updated in real time, responding to the market second-by-second, like a stock exchange. There's not currently a marketplace for that type of asset liquidity or tokenization of real estate, but it is possible through this innovative, democratic approach to the ownership of information and even property.
Answer: | noise | This is because the transparency of the blockchain allows for immediate and secure property evaluations, updated in real time, responding to the market second-by-second, like a stock exchange. There's not currently a marketplace for that type of asset liquidity or tokenization of real estate, but it is possible through this innovative, democratic approach to the ownership of information and even property. | [
"noise",
"causal"
] | 0 |
causal20sc145 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The CRE industry has the opportunity to become more efficient and equitable if blockchain technology is integrated into the market. An article published on Industrial Design highlights other non-financial applications of this technology in CRE, for example, in property management and project management.
Answer: | noise | The CRE industry has the opportunity to become more efficient and equitable if blockchain technology is integrated into the market. An article published on Industrial Design highlights other non-financial applications of this technology in CRE, for example, in property management and project management. | [
"noise",
"causal"
] | 0 |
causal20sc146 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The article asks Brittanie Campbell-Turner, blockchain expert, about these other more practical, accessible applications. What I'm most excited about in blockchain is the capability called smart contracts, which allows you to tie a condition to the transaction, she says.
Answer: | noise | The article asks Brittanie Campbell-Turner, blockchain expert, about these other more practical, accessible applications. What I'm most excited about in blockchain is the capability called smart contracts, which allows you to tie a condition to the transaction, she says. | [
"noise",
"causal"
] | 0 |
causal20sc147 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: In other words, the article notes, the same technology that manages the back-end transactions of a financial exchange can be used to manage an established contract for, say, building maintenance.
Answer: | noise | In other words, the article notes, the same technology that manages the back-end transactions of a financial exchange can be used to manage an established contract for, say, building maintenance. | [
"noise",
"causal"
] | 0 |
causal20sc148 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: We challenge you to think beyond the technology and cryptocurrency terminology and instead think creatively about how to apply this valuable, democratizing blockchain technology to the commercial real estate industry. By educating yourself about how blockchain technology will transform CRE and being open to its practical applications in the future, you will be prepared for the blockchain revolution.
Answer: | noise | We challenge you to think beyond the technology and cryptocurrency terminology and instead think creatively about how to apply this valuable, democratizing blockchain technology to the commercial real estate industry. By educating yourself about how blockchain technology will transform CRE and being open to its practical applications in the future, you will be prepared for the blockchain revolution. | [
"noise",
"causal"
] | 0 |
causal20sc149 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Largest Tencent Shareholder Leads $15M Round in Blockchain Game Developer by Cryptocurrency News Daily | Sep 23, 2019 | Cryptocurrency News | 0 comments Naspers, the largest shareholder of Chinese Internet giant Tencent, participated in a $15 million investment in blockchain game developer Immutable. Immutable, a Sydney-based blockchain gaming startup, completed a new funding round led by Naspers and Mike Novogratz's crypto investment bank Galaxy Digital, the company announced in a blog post on Sept. 23.
Answer: | causal | Largest Tencent Shareholder Leads $15M Round in Blockchain Game Developer by Cryptocurrency News Daily | Sep 23, 2019 | Cryptocurrency News | 0 comments Naspers, the largest shareholder of Chinese Internet giant Tencent, participated in a $15 million investment in blockchain game developer Immutable. Immutable, a Sydney-based blockchain gaming startup, completed a new funding round led by Naspers and Mike Novogratz's crypto investment bank Galaxy Digital, the company announced in a blog post on Sept. 23. | [
"noise",
"causal"
] | 1 |
causal20sc150 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: As reported by the Australian Financial Review (AFR), other investors also included Sydney-based VC firm Reinventure and American private investment firm Apex Capital.
Answer: | noise | As reported by the Australian Financial Review (AFR), other investors also included Sydney-based VC firm Reinventure and American private investment firm Apex Capital. | [
"noise",
"causal"
] | 0 |
causal20sc151 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Scaling from 13,000 to 1 million gamers projected According to the report, Immutable's flagship game Gods Unchained has made over $4.5 million in revenue in just over a year, despite it is being played by a closed group of 13,000 gamers. Founded by brothers Robbie and James Ferguson in July 2018, Immutable reportedly expects to grow Gods Unchained from the current 13,000 to 1 million players with the new investment, James stated in an interview with AFR. Based on the Ethereum blockchain, Gods Unchained is a trading card game that has reportedly overtaken other popular TCGs such as Artifact, Faeria and Kards, Immutable stated.
Answer: | causal | Scaling from 13,000 to 1 million gamers projected According to the report, Immutable's flagship game Gods Unchained has made over $4.5 million in revenue in just over a year, despite it is being played by a closed group of 13,000 gamers. Founded by brothers Robbie and James Ferguson in July 2018, Immutable reportedly expects to grow Gods Unchained from the current 13,000 to 1 million players with the new investment, James stated in an interview with AFR. Based on the Ethereum blockchain, Gods Unchained is a trading card game that has reportedly overtaken other popular TCGs such as Artifact, Faeria and Kards, Immutable stated. | [
"noise",
"causal"
] | 1 |
causal20sc152 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: In February 2019, Gods Unchained's unique digital card Hyperion became the world's second most expensive card ever sold after selling for137.8 Ether (ETH), or $62,000 at the time of auction.
Answer: | noise | In February 2019, Gods Unchained's unique digital card Hyperion became the world's second most expensive card ever sold after selling for137.8 Ether (ETH), or $62,000 at the time of auction. | [
"noise",
"causal"
] | 0 |
causal20sc153 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: On Sept. 17, the Worldwide Asset eXchange (WAX) announced that one of the largest decentralized apps in the world, online real-time economic strategy game Prospectors, was launching on the WAX blockchain.
Answer: | noise | On Sept. 17, the Worldwide Asset eXchange (WAX) announced that one of the largest decentralized apps in the world, online real-time economic strategy game Prospectors, was launching on the WAX blockchain. | [
"noise",
"causal"
] | 0 |
causal20sc154 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Your email address will not be published. Required fields are marked Tweets by @crypto_journal1 Cryptocurrency News Daily
Answer: | noise | Your email address will not be published. Required fields are marked Tweets by @crypto_journal1 Cryptocurrency News Daily | [
"noise",
"causal"
] | 0 |
causal20sc155 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Long Ideas | Canada | About: Terra Firma Capital Corporation (TFCCF) by: Brant Munro CFA Brant Munro CFA Value, growth at reasonable price, long-term horizon, event-driven Summary TII provides real estate financing secured by investment properties and real estate developments.
Answer: | noise | Long Ideas | Canada | About: Terra Firma Capital Corporation (TFCCF) by: Brant Munro CFA Brant Munro CFA Value, growth at reasonable price, long-term horizon, event-driven Summary TII provides real estate financing secured by investment properties and real estate developments. | [
"noise",
"causal"
] | 0 |
causal20sc156 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: TII usually does short-term financing (1-3 years).
Answer: | noise | TII usually does short-term financing (1-3 years). | [
"noise",
"causal"
] | 0 |
causal20sc157 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Through financial engineering, TII is able to obtain equity-like returns (IRRs >20%) while being exposed to debt-like risks through senior loan and private syndication and transaction fees.
Answer: | causal | Through financial engineering, TII is able to obtain equity-like returns (IRRs >20%) while being exposed to debt-like risks through senior loan and private syndication and transaction fees. | [
"noise",
"causal"
] | 1 |
causal20sc158 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: I believe TII is a compelling investment due to its ability to leverage its existing equity which has increased BV/share at a 21% CAGR since 2013.
Answer: | causal | I believe TII is a compelling investment due to its ability to leverage its existing equity which has increased BV/share at a 21% CAGR since 2013. | [
"noise",
"causal"
] | 1 |
causal20sc159 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The company trades at a deep discount to book value at only 0.5x.
Answer: | noise | The company trades at a deep discount to book value at only 0.5x. | [
"noise",
"causal"
] | 0 |
causal20sc160 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: PRO+ Small and Micro subscribers received an alert on publication of this article. To learn more about PRO+, please click here. Terra Firma Capital Corporation (OTC:TFCCF) or TII provides real estate financing secured by investment properties and real estate developments in Canada and the United States.
Answer: | noise | PRO+ Small and Micro subscribers received an alert on publication of this article. To learn more about PRO+, please click here. Terra Firma Capital Corporation (OTC:TFCCF) or TII provides real estate financing secured by investment properties and real estate developments in Canada and the United States. | [
"noise",
"causal"
] | 0 |
causal20sc161 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The Company's deals are generally short term, between one and three years, and are replaced by the developers and owners with lower cost and longer term financing from traditional lenders once the initial transition period is over or when the associated property redevelopments are complete. TII currently holds loan and mortgage investments in residential buildings, land inventory, commercial retail and residential development, and retail income-producing properties. However, TII has historically held the majority of its investments in residential developments.
Answer: | noise | The Company's deals are generally short term, between one and three years, and are replaced by the developers and owners with lower cost and longer term financing from traditional lenders once the initial transition period is over or when the associated property redevelopments are complete. TII currently holds loan and mortgage investments in residential buildings, land inventory, commercial retail and residential development, and retail income-producing properties. However, TII has historically held the majority of its investments in residential developments. | [
"noise",
"causal"
] | 0 |
causal20sc162 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Loan Investments can be broken down into: 1. Land loans with first or second mortgages on early-stage property development this is either subsequently taken on as construction financing or is discharged upon external funding of construction financing or refinancing 2. Term mortgages for the purposes of acquiring or re-financing income producing properties 3. Mezzanine/subordinated debt financing of real property developments that have either progressed to the construction phase or are in the process of approaching construction phase.
Answer: | noise | Loan Investments can be broken down into: 1. Land loans with first or second mortgages on early-stage property development this is either subsequently taken on as construction financing or is discharged upon external funding of construction financing or refinancing 2. Term mortgages for the purposes of acquiring or re-financing income producing properties 3. Mezzanine/subordinated debt financing of real property developments that have either progressed to the construction phase or are in the process of approaching construction phase. | [
"noise",
"causal"
] | 0 |
causal20sc163 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Through financial engineering, TII is able to obtain equity-like returns while being exposed to debt-like risks. Compared to regular mezzanine debt lenders which usually lend only up to 75% LTV, the Company has a slightly higher threshold of risk up to 80% LTV.
Answer: | causal | Through financial engineering, TII is able to obtain equity-like returns while being exposed to debt-like risks. Compared to regular mezzanine debt lenders which usually lend only up to 75% LTV, the Company has a slightly higher threshold of risk up to 80% LTV. | [
"noise",
"causal"
] | 1 |
causal20sc164 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The Company has three primary levers to increase its project IRR: 1. Senior Loan Syndications - the company would originate a loan up to 80% LTV and create a senior A tranche (typically 50-60% LTV) as well as a junior B tranche.
Answer: | causal | The Company has three primary levers to increase its project IRR: 1. Senior Loan Syndications - the company would originate a loan up to 80% LTV and create a senior A tranche (typically 50-60% LTV) as well as a junior B tranche. | [
"noise",
"causal"
] | 1 |
causal20sc165 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The A tranche is offered to institutional lenders at a lower rate, while the Company retains the B tranche.
Answer: | noise | The A tranche is offered to institutional lenders at a lower rate, while the Company retains the B tranche. | [
"noise",
"causal"
] | 0 |
causal20sc166 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: In this case, the B tranche is subordinated to the A tranche, but benefits from both the spread between the originated loan rates vs. the A tranche rates, as well as the retained B tranche rates (which is equal to the original loan rates).
Answer: | noise | In this case, the B tranche is subordinated to the A tranche, but benefits from both the spread between the originated loan rates vs. the A tranche rates, as well as the retained B tranche rates (which is equal to the original loan rates). | [
"noise",
"causal"
] | 0 |
causal20sc167 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This effectively increases the B tranche rates.
Answer: | noise | This effectively increases the B tranche rates. | [
"noise",
"causal"
] | 0 |
causal20sc168 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Private Syndications - the company would syndicate up to 80% of a loan and mortgage investment to accredited investors, with terms of the syndicate generally mirroring the terms of the loan except for interest rates paid to syndicated investors, which are typically 300bps less.
Answer: | causal | Private Syndications - the company would syndicate up to 80% of a loan and mortgage investment to accredited investors, with terms of the syndicate generally mirroring the terms of the loan except for interest rates paid to syndicated investors, which are typically 300bps less. | [
"noise",
"causal"
] | 1 |
causal20sc169 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Participation is offered on a pari passu basis, and TII retains the commitment fees and certain other fees paid by the borrower. Transaction Fees - during the negotiation process, the Company is able to add fees upon origination and/or exit of the loan.
Answer: | noise | Participation is offered on a pari passu basis, and TII retains the commitment fees and certain other fees paid by the borrower. Transaction Fees - during the negotiation process, the Company is able to add fees upon origination and/or exit of the loan. | [
"noise",
"causal"
] | 0 |
causal20sc170 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Investment in real estate may be made by way of a variety of tranches with highly differentiated risk/return characteristics based on their position in the capital structure and subordination levels. TII strives to achieve equity-like returns on the loans and/or mortgages advanced by the Company on and secured by real estate while bearing lower risk than equity investments, by structuring its financing primarily in debt or priority structures.
Answer: | noise | Investment in real estate may be made by way of a variety of tranches with highly differentiated risk/return characteristics based on their position in the capital structure and subordination levels. TII strives to achieve equity-like returns on the loans and/or mortgages advanced by the Company on and secured by real estate while bearing lower risk than equity investments, by structuring its financing primarily in debt or priority structures. | [
"noise",
"causal"
] | 0 |
causal20sc171 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Each syndicated loan and mortgage investment is customized, and the designated rate of return varies depending on LTV, mortgage position, location, term, and exit strategy. Because TII offers borrowers some flexibility with the loans, the term to payout for the loan or mortgage may require more or less time than the expected term. The key to TII's syndication strategy is that both the senior and private syndications have no recourse to the company.
Answer: | noise | Each syndicated loan and mortgage investment is customized, and the designated rate of return varies depending on LTV, mortgage position, location, term, and exit strategy. Because TII offers borrowers some flexibility with the loans, the term to payout for the loan or mortgage may require more or less time than the expected term. The key to TII's syndication strategy is that both the senior and private syndications have no recourse to the company. | [
"noise",
"causal"
] | 0 |
causal20sc172 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: TII is not obligated to fund any principal or interest shortfall. Shown below is an illustration of the process along with an example.
Answer: | noise | TII is not obligated to fund any principal or interest shortfall. Shown below is an illustration of the process along with an example. | [
"noise",
"causal"
] | 0 |
causal20sc173 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: September 2019 Corporate Presentation - Scenario 1 - Original Investment - $5,000,000.00 - - - Years - 2 - - - Lien - 1st mrtg - - - Rate - 12% - - - Origination fee - 2% - - - Exit Fee - - - - Syndicate - 80% - - - Syndicate Rate - 9% - - - - - - - Year - - 1 - 2 - Cash Outflow - $(5,000,000.00) - - - Cash Inflow - $4,100,000.00 - $200,000.00 - $1,200,000.00 - Net Cash - $(900,000.00) - $200,000.00 - $1,200,000.00 - IRR - 27% - - - Scenario 2 - Original Investment - $5,000,000.00 - - - - Years - 3 - - - - Lien - 2nd mrtg - - - - Rate - 15% - - - - Origination fee - 1.5% - - - - Exit Fee - - - - - Syndicate - 80% - - - - Syndicate Rate - 13% - - - - - - - - - Year - - 1 - 2 - 3 - Cash Outflow - $(5,000,000.00) - - - - Cash Inflow - $4,200,000.00 - $200,000.00 - $200,000.00 - $1,200,000.00 - Net Cash - $(800,000.00) - $200,000.00 - $200,000.00 - $1,200,000.00 - IRR - 31% - - - The Company has established a series of investment and operating policies to help control the investment quality which is closely monitored by the Board of Directors.
Answer: | noise | September 2019 Corporate Presentation - Scenario 1 - Original Investment - $5,000,000.00 - - - Years - 2 - - - Lien - 1st mrtg - - - Rate - 12% - - - Origination fee - 2% - - - Exit Fee - - - - Syndicate - 80% - - - Syndicate Rate - 9% - - - - - - - Year - - 1 - 2 - Cash Outflow - $(5,000,000.00) - - - Cash Inflow - $4,100,000.00 - $200,000.00 - $1,200,000.00 - Net Cash - $(900,000.00) - $200,000.00 - $1,200,000.00 - IRR - 27% - - - Scenario 2 - Original Investment - $5,000,000.00 - - - - Years - 3 - - - - Lien - 2nd mrtg - - - - Rate - 15% - - - - Origination fee - 1.5% - - - - Exit Fee - - - - - Syndicate - 80% - - - - Syndicate Rate - 13% - - - - - - - - - Year - - 1 - 2 - 3 - Cash Outflow - $(5,000,000.00) - - - - Cash Inflow - $4,200,000.00 - $200,000.00 - $200,000.00 - $1,200,000.00 - Net Cash - $(800,000.00) - $200,000.00 - $200,000.00 - $1,200,000.00 - IRR - 31% - - - The Company has established a series of investment and operating policies to help control the investment quality which is closely monitored by the Board of Directors. | [
"noise",
"causal"
] | 0 |
causal20sc174 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The investment criteria is as follows: 1. Investments are limited primarily to loans and mortgage investments but in certain instances the company may provide an equity investment in a real estate development property 2. No loan may exceed a LTV of 85% and LTV of the loan portfolio in total cannot exceed 80%. 3.
Answer: | noise | The investment criteria is as follows: 1. Investments are limited primarily to loans and mortgage investments but in certain instances the company may provide an equity investment in a real estate development property 2. No loan may exceed a LTV of 85% and LTV of the loan portfolio in total cannot exceed 80%. 3. | [
"noise",
"causal"
] | 0 |
causal20sc175 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: No more than 25% of the principal amount of the loan portfolio will have unregistered loan investments 4.
Answer: | noise | No more than 25% of the principal amount of the loan portfolio will have unregistered loan investments 4. | [
"noise",
"causal"
] | 0 |
causal20sc176 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: No more than 20% of the principal amount of the loan portfolio will include mortgages secured by the same property 5. The Company's debt to equity will not exceed 1:1.
Answer: | noise | No more than 20% of the principal amount of the loan portfolio will include mortgages secured by the same property 5. The Company's debt to equity will not exceed 1:1. | [
"noise",
"causal"
] | 0 |
causal20sc177 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: This calculation excludes the portion of the loan portfolio which is syndicated to investors. The weighted average term to maturity of all the investments are capped at 60 months. How the Company's loans are securitized against the borrower's assets depends primarily on whether TII holds the A or B tranches and the type of development financing it is providing.
Answer: | noise | This calculation excludes the portion of the loan portfolio which is syndicated to investors. The weighted average term to maturity of all the investments are capped at 60 months. How the Company's loans are securitized against the borrower's assets depends primarily on whether TII holds the A or B tranches and the type of development financing it is providing. | [
"noise",
"causal"
] | 0 |
causal20sc178 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: For early-stage real estate developments and where the developer requires funds to acquire or re-finance real estate, the Company provides mortgages that are either 1st or 2nd mortgages.
Answer: | noise | For early-stage real estate developments and where the developer requires funds to acquire or re-finance real estate, the Company provides mortgages that are either 1st or 2nd mortgages. | [
"noise",
"causal"
] | 0 |
causal20sc179 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: For real estate that is in the construction phase and for income properties, TII usually provides mezzanine financing.
Answer: | noise | For real estate that is in the construction phase and for income properties, TII usually provides mezzanine financing. | [
"noise",
"causal"
] | 0 |
causal20sc180 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: In cases where TII sells an A tranche to institutional lenders, the lender is entitled to priority for payment via its senior position on the mortgage.
Answer: | noise | In cases where TII sells an A tranche to institutional lenders, the lender is entitled to priority for payment via its senior position on the mortgage. | [
"noise",
"causal"
] | 0 |
causal20sc181 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: The servicing of the mortgage is governed by a contract between TII and the other lender that permits the lender to control the administration of the entire mortgage, under certain conditions. Typically, both the senior and junior positions of the mortgage receive their shares of the interest payments according to the contracts.
Answer: | noise | The servicing of the mortgage is governed by a contract between TII and the other lender that permits the lender to control the administration of the entire mortgage, under certain conditions. Typically, both the senior and junior positions of the mortgage receive their shares of the interest payments according to the contracts. | [
"noise",
"causal"
] | 0 |
causal20sc182 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Title to the mortgage and all other security will be in the name of a nominee that will hold title on behalf of both the company and the other lender as beneficial owners of the mortgage.
Answer: | noise | Title to the mortgage and all other security will be in the name of a nominee that will hold title on behalf of both the company and the other lender as beneficial owners of the mortgage. | [
"noise",
"causal"
] | 0 |
causal20sc183 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: If there is an event of default under the mortgage, the senior participant is entitled to direct the lender to enforce the mortgage on behalf of both participants, with all costs to be borne by the borrower. TII's second charge mortgages are secured by a standalone charge against the underlying real estate and are subordinate to the first charge and therefore have a lower priority for repayment.
Answer: | noise | If there is an event of default under the mortgage, the senior participant is entitled to direct the lender to enforce the mortgage on behalf of both participants, with all costs to be borne by the borrower. TII's second charge mortgages are secured by a standalone charge against the underlying real estate and are subordinate to the first charge and therefore have a lower priority for repayment. | [
"noise",
"causal"
] | 0 |
causal20sc184 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: TII's unregistered loans are not secured by real estate assets, but are secured by other forms of securities, such as personal guarantees, or pledge of shares of the borrowing entity and are subordinate to the first charge and therefore have a lower priority for repayment. Historically residential housing development has been the majority of TII's loan portfolio but has recently been tilted towards lot and land inventory.
Answer: | noise | TII's unregistered loans are not secured by real estate assets, but are secured by other forms of securities, such as personal guarantees, or pledge of shares of the borrowing entity and are subordinate to the first charge and therefore have a lower priority for repayment. Historically residential housing development has been the majority of TII's loan portfolio but has recently been tilted towards lot and land inventory. | [
"noise",
"causal"
] | 0 |
causal20sc185 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: In TII's early days their portfolio was more concentrated in Canada, mostly in the greater Toronto area as that is where they are headquartered.
Answer: | noise | In TII's early days their portfolio was more concentrated in Canada, mostly in the greater Toronto area as that is where they are headquartered. | [
"noise",
"causal"
] | 0 |
causal20sc186 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: September 2019 Corporate Presentation Aside from the 2008/2009 recession, Toronto's housing prices have seen a steady upward trend since 2000. This is in part due to the scarcity of housing stock and in part due to a downward trend in mortgage rates that help with affordability.
Answer: | noise | September 2019 Corporate Presentation Aside from the 2008/2009 recession, Toronto's housing prices have seen a steady upward trend since 2000. This is in part due to the scarcity of housing stock and in part due to a downward trend in mortgage rates that help with affordability. | [
"noise",
"causal"
] | 0 |
causal20sc187 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: On the housing supply and demand side, although there is no shortage of land throughout the GTA to build single-family homes, the land is located far from city cores and centers of employment but most areas have ready access to public transit (e.g. the GO train or TTC services) to get to work and other amenities, but to be affordable often meanes trading a larger house and a yard for a smaller-sized house, townhouse, or condo.
Answer: | noise | On the housing supply and demand side, although there is no shortage of land throughout the GTA to build single-family homes, the land is located far from city cores and centers of employment but most areas have ready access to public transit (e.g. the GO train or TTC services) to get to work and other amenities, but to be affordable often meanes trading a larger house and a yard for a smaller-sized house, townhouse, or condo. | [
"noise",
"causal"
] | 0 |
causal20sc188 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Looking at Google Public Data below, population in the Toronto metropolitan area increased from 4.4M persons in 1996 to 6.1M persons in 2016, representing an average per-year growth of 87,000 or 1.5% per year.
Answer: | noise | Looking at Google Public Data below, population in the Toronto metropolitan area increased from 4.4M persons in 1996 to 6.1M persons in 2016, representing an average per-year growth of 87,000 or 1.5% per year. | [
"noise",
"causal"
] | 0 |
causal20sc189 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Source: Google Public Data Source: Rate Hub Since mortgage rates hit their peak of 8.5% in May of 2000, mortgage rates have declined to trough levels of 5.3% in July 2005 and 3.7% in July 2015. Credit became more widely available with the introduction of the Canada Mortgage Bond (CMB) in 2001.
Answer: | causal | Source: Google Public Data Source: Rate Hub Since mortgage rates hit their peak of 8.5% in May of 2000, mortgage rates have declined to trough levels of 5.3% in July 2005 and 3.7% in July 2015. Credit became more widely available with the introduction of the Canada Mortgage Bond (CMB) in 2001. | [
"noise",
"causal"
] | 1 |
causal20sc190 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: By 2006, lending policy was loose with maximum insurable mortgage amortization terms extended to 40 years, minimum down payments required for mortgage insurance reduced from 5% to 0%, and the eligibility of interest-only mortgages for insurance.
Answer: | noise | By 2006, lending policy was loose with maximum insurable mortgage amortization terms extended to 40 years, minimum down payments required for mortgage insurance reduced from 5% to 0%, and the eligibility of interest-only mortgages for insurance. | [
"noise",
"causal"
] | 0 |
causal20sc191 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Post 2008 financial crisis, lending policies were tightened with interest-only mortgages no longer able to be insured, a reduction of maximum insurable amortization terms from 40 to 35 years, and the minimum down payment raised from 0% to 5%.
Answer: | causal | Post 2008 financial crisis, lending policies were tightened with interest-only mortgages no longer able to be insured, a reduction of maximum insurable amortization terms from 40 to 35 years, and the minimum down payment raised from 0% to 5%. | [
"noise",
"causal"
] | 1 |
causal20sc192 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Credit tightening continued later in 2012, when the amortization period was further reduced to 25 years, and more recently in 2016, when home buyers are required to put a 10% down payment on homes above $500,000. Despite the mortgage rules tightening, the actual mortgage rates have continued to decrease along with bond yields, offsetting the negative effects on affordability from tighter credit, although there has been some increase in bond yields since August 2017.
Answer: | noise | Credit tightening continued later in 2012, when the amortization period was further reduced to 25 years, and more recently in 2016, when home buyers are required to put a 10% down payment on homes above $500,000. Despite the mortgage rules tightening, the actual mortgage rates have continued to decrease along with bond yields, offsetting the negative effects on affordability from tighter credit, although there has been some increase in bond yields since August 2017. | [
"noise",
"causal"
] | 0 |
causal20sc193 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Source: Author's Tables Management believes that there is a significant market opportunity in the U.S., as a result of financing needs not being met by traditional institutional lenders.
Answer: | noise | Source: Author's Tables Management believes that there is a significant market opportunity in the U.S., as a result of financing needs not being met by traditional institutional lenders. | [
"noise",
"causal"
] | 0 |
causal20sc194 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Through management's relationships with the U.S. mortgage lenders, brokers, local sponsors and other market participants, the TII has been able to identify real estate opportunities where it can provide financing solutions to borrowers while achieving equity-like returns at reduced risk levels as compared to straight equity ownership.
Answer: | noise | Through management's relationships with the U.S. mortgage lenders, brokers, local sponsors and other market participants, the TII has been able to identify real estate opportunities where it can provide financing solutions to borrowers while achieving equity-like returns at reduced risk levels as compared to straight equity ownership. | [
"noise",
"causal"
] | 0 |
causal20sc195 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: TII differentiates itself by serving niche markets with an experienced financing team that can provide flexible terms and creative structuring.
Answer: | noise | TII differentiates itself by serving niche markets with an experienced financing team that can provide flexible terms and creative structuring. | [
"noise",
"causal"
] | 0 |
causal20sc196 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Management believes its experience with real estate investments and its industry contacts will provide the company with a consistent flow of quality investment opportunities.
Answer: | noise | Management believes its experience with real estate investments and its industry contacts will provide the company with a consistent flow of quality investment opportunities. | [
"noise",
"causal"
] | 0 |
causal20sc197 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: TII is focusing its US growth in specific markets where there is above average growth relative to the national average. This has typically included certain regions in North Carolina, Atlanta, Florida, and Texas, Arizona.
Answer: | noise | TII is focusing its US growth in specific markets where there is above average growth relative to the national average. This has typically included certain regions in North Carolina, Atlanta, Florida, and Texas, Arizona. | [
"noise",
"causal"
] | 0 |
causal20sc198 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Currently, TII has investments in Kitchener, ON, Phoenix, AZ and Jacksonville FL. September 2019 Corporate Presentation Below we see these US regions where they currently have investments experiencing positive trends in housing prices since recovering from the 2008 financial crisis and are within the top 10 regions experiencing the highest population growth since 2010. Even though the housing markets are showing positive trends, the ability to financing new housing development in the U.S. is still quite restricted.
Answer: | noise | Currently, TII has investments in Kitchener, ON, Phoenix, AZ and Jacksonville FL. September 2019 Corporate Presentation Below we see these US regions where they currently have investments experiencing positive trends in housing prices since recovering from the 2008 financial crisis and are within the top 10 regions experiencing the highest population growth since 2010. Even though the housing markets are showing positive trends, the ability to financing new housing development in the U.S. is still quite restricted. | [
"noise",
"causal"
] | 0 |
causal20sc199 | In this task, you are provided with sentences extracted from financial news and SEC data. Your goal is to classify each sentence into either 'causal' or 'noise' based on whether or not it indicates a causal relationship between financial events. Please return only the category 'causal' or 'noise'.
Text: Source: FRED - Ranking - State - Population Growth Since 2010 - 1 - District of Columbia - 17.6% - 2 - Utah - 16.1% - 3 - Texas - 15.2% - 4 - Florida - 14.9% - 5 - Colorado - 14.3% - 6 - Nevada - 14.2% - 7 - Idaho - 14.0% - 8 - Washington - 13.7% - 9 - Arizona - 13.5% - 10 - South Carolina - 11.0% Source: World Population Review Source: World Population Review September 2019 Corporate Presentation Looking at the Company's loan portfolio, the Company has experienced some early repayments which has resulted in a few quarters when there is excess capital and a contraction in the loan portfolio, but on an annual basis TII has been able to steadily grow its book with the benefit of its syndication capabilities.
Answer: | noise | Source: FRED - Ranking - State - Population Growth Since 2010 - 1 - District of Columbia - 17.6% - 2 - Utah - 16.1% - 3 - Texas - 15.2% - 4 - Florida - 14.9% - 5 - Colorado - 14.3% - 6 - Nevada - 14.2% - 7 - Idaho - 14.0% - 8 - Washington - 13.7% - 9 - Arizona - 13.5% - 10 - South Carolina - 11.0% Source: World Population Review Source: World Population Review September 2019 Corporate Presentation Looking at the Company's loan portfolio, the Company has experienced some early repayments which has resulted in a few quarters when there is excess capital and a contraction in the loan portfolio, but on an annual basis TII has been able to steadily grow its book with the benefit of its syndication capabilities. | [
"noise",
"causal"
] | 0 |