Product Beat

Discovering the newest form of alpha in the currency markets

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currency-blogUsing sentiment analysis for gauging general stock sentiment is nothing new in the financial industry. Ever increasing views and reactions of analysts, experts, fund managers and traders on blogs and social media sites, continues to drive this very interesting field of research. But how about analysing social indicators for currency pairs?

At Heckyl we achieve this by using the following parameters in addition to the standard ones explained in our earlier blog Sentiment Analysis in Finance :

  1. Marco-economic news – Tracking macro indicators, central bank announcements, official press releases, government speeches and interviews for both countries separately
  2. Macro Views by leading institutions and analysts for the two countries

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How stock price and sentiment move hand in hand

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A value investor invests in a stock after looking at financials of the company, analysing annual reports and news on stock/sector, reading management outlook and tracking price movement. However, one of the key challenges for investors and even for traders is to track the sentiment around the stock on a daily basis without missing any relevant news.

In today’s world, things change very rapidly and what looked to be a multibagger two months ago can turn into a disastrous investment if the relevant news and sentiment around the stock is not tracked regularly. Trading is all about the timely entry and exit in a stock. A gap between perception and actual reality can offer traders and investors a profitable trading opportunity using sentiment analysis across various asset classes.

Heckyl’s sentiment tool allows a user to measure the sentiment of a particular news item or news flow around an instrument and evaluate its potential impact, in real-time. In today’s blog let us take a look at Heckyl’s Stock Sentiment graph and how effectively one can use it as a precursor to stock price movement. Read the rest of this entry »

Stock Dashboard: A One-stop-shop for F&O traders

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In today’s edition, we will cover Stock Dashboard – a comprehensive snapshot page presenting all the relevant details a trader should have on his dashboard before trading in F&O stocks.

The price of the stock moves in a particular direction depending on numerous parameters.A trader or investor is flooded with heaps of data and indicators baffling him how to gauge the price movement based on these parameters. Also, a trader will have to go through various sources for a specific data thereby losing precious time and opportunity in collating all the data before taking a trade.

Heckyl’s Stock Dashboard offers a concise and timely snapshot of a particular stock or an index after analyzing plethora of information available in the open market. This dashboard also features news, charts and fundamental data along with F&O data so that a trader gets all the information in a single screen.

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News Analytics in Real-Time

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In today’s edition, we will cover News Analytics platform – A smart tool that not only aggregates news from across the globe but also analyses its impact on equities, commodities, currencies, economies in REAL TIME.

Heckyl’s News platform scrutinizes all the relevant news and tweets that are published on the internet and evaluates its impact instantly. Heckyl’s news platform covers 60 stock exchanges, over 40000 companies, more than 1600 analysts and 865 brokerages across the world. Under our umbrella we also track in excess of 4000 hedge funds as well as equal number of hedge funds managers. Apart from this we also keep an eye on 80000 plus mutual funds and 500 venture capitalists/private equity entities. Read the rest of this entry »

F&O trading made easy using 15-Minutes Built up Screen

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15-Minutes Built Up Screen

In today’s edition of our Glassdoor Friday we are featuring 15-Minutes Built Up Screen – a unique tool in our derivative analytics product designed to spot price trends in real-time. This screen gives a snapshot every 15 minutes of whether the long or short positions were created in a particular stock or an index. It analyses the open interest (OI) position in real time and gives a breakup of fresh and square-off contracts along with volumes.

Short selling is always considered to be a risky bet and retail participants tend to stay away from it. However, using our distinct tool, one can spot where the short or long positions are created in real-time by looking at fresh and square-off contracts along with the movement in price and volume. It not only helps you to make timely entry but also indicates you when to exit from your long or short positions.

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