News Analytics

Auto, Transportation, Consumer Services, Industrials and IT Sectors Hit Hard by Coronavirus

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In January this year, China witnessed an outbreak of Coronavirus which has now infected more than 8,50,000 people globally. So far, Coronavirus has claimed the lives of more than 42,000 people. The rapid spread of Coronavirus across 199 countries and territories has forced the governments announced the lockdowns. Almost all the sectors were impacted by the lockdowns.

Analysis of unstructured datasets such as News can be very useful to unravel red-flags such as plant shut down, layoffs, supply disruption, lawsuits, drop in earnings, product recalls, regulatory actions etc. ahead of time.

We conducted analysis of news data on Coronavirus to measure its impact on the sectors. Our analysis showed that Automobile, Transportation, Consumer Services, Industrials and Software & Services were the worst hit sectors due to lockdown announced by Indian government to stop the spread of Coronavirus.

Sector News Vol

Production, Flights Cancelled, Management Change, Shuts Plant, Layoffs, Shares plunge, Pay Cut, Profit Warning, Earnings Fall and Revenue Decreased were top buzzwords around negative news flow related to Coronavirus for these 5 sectors.

Buzzwords

Tata Motors, Ford India, Maruti Suzuki, Hero Motocorp and Mahindra & Mahindra were top 5 companies from Auto sector leading the Coronavirus related negative news coverage.

In the transportation sector, InterGlobe Aviation, Air India, Go Airlines, Spicejet and AirAsia were top 5 companies dominating the Coronavirus related negative news coverage.

Air India, InterGlobe Aviation, Ford India, Maruti Suzuki, Hero Motocorp, SpiceJet, M&M, Go Airlines, PayTM and Tata Motors were top 10 companies leading news volume related to flight cancellations, suspension of production, closure of operations or plant shut downs under Disruption category.

Companies Annoucing Plant Shut Down

Heckyl Risk Analytics System is the first of its kind innovative application that provides early warning signals through analysis of traditional and alternative datasets for identifying distress sectors and companies ahead of time.

To know more about Heckyl Risk Analytics System, email us at info@heckyl.com.

 

IT, Metals, Industrial Mfg. witness a steep fall in news sentiment in H2 CY19

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Heckyl Risk Analytics System is the first of its kind innovative application that provides early warning signals through analysis of traditional and alternative datasets for identifying distress sectors and companies ahead of time.

We have developed Sector News Sentiment Score in our Risk Analytics System for identifying the first sign of stress or green shoots of recovery in sectors. At the same time, our application offers deep-dive analytics on sectors through analysis of news flow under various categories.

Moreover, our application also helps in identifying the best and the worst performing companies within each sector through analysis of news sentiment.

To show the capabilities of our Risk Analytics System, we have prepared Sector News Report. Here, we present some of the key insights from the report:

Sector sentiment_Feb 15 - Fall

Sector sentiment:
#1. IT, Metals, Industrial Manufacturing and Telecom sectors have registered a steep fall in sentiment average in H2 CY19.

#2. Automobile sector sentiment average recorded the third consecutive sequential drop in H2 CY19.

#3. Chemicals, Pharma, Textiles and Fertilizers sectors’ news sentiment averages bounced back in H2 CY19.

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Air India continues to lead news share of voice for 2nd quarter

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India’s national carrier Air India led the news share of voice (SoV) among major airlines for the second quarter in a row. On the other hand, the news SoV for Interglobe Aviation remained at the second position in the June 2018 quarter. Meanwhile, Jet Airways and SpiceJet’s news SoV for the quarter stood at third and fourth positions respectively.

Airlines Share of Voice
[Image 1: Top 4 airlines’ web news share of voice]
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IndiGo most affected airline by disruption in flight services: FiND media study

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An analysis of media coverage on the leading air carriers in India has shown that Interglobe Aviation was the most affected airline by the disruption in flight services during the past 5-months.

Interglobe Aviation, the operator of IndiGo Airlines has dominated disruption related news flow among major Indian airlines in the past 5-months. It was followed by Air India and Jet Airways. On the other hand, SpiceJet attracted fewer news items related to disruption.

Airlines Compare
[Image 1: Compare news volume by sentiment and/ or category]

Technical issues, engine failure (A320 Neo planes), and flight delays & cancellations have disrupted operations of IndiGo Airlines during the past 5-months. Read the rest of this entry »

FiND Sentiment-based Strategy beats STI companies’ 1-year stock returns

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Heckyl has developed FiND sentiment moving average (MA) strategy for measuring the potential impact of the positive/ negative news flow on the value of equities in real-time. The sentiment MA strategy indicates bullish/bearish signals based on the crossover of fast and slow moving averages of the company’s daily sentiment score.

We back-tested our sentiment MA strategy on 27 companies (excl. banks) from Straits Times index (STI). Our back-testing has proved the potential of sentiment MA strategy to beat STI companies’ stock price performance.

If an investor/a trader was to buy/sell STI stocks as per the bullish/bearish signal and hold the position for the period till the signal reverses, then an equal investment in 27 STI stocks could have yielded 6.3% return over the past 1-year (as against 0.3% price return).

STI Returns
[Image 1: Investment performance based on sentiment signal and stock performance]

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Singapore Inc’s growth news flow hits 2-year high in Apr’18

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News flow related to growth-oriented business activities of Singapore firms touched the highest level in 2-years in April 2018, according to a study conducted by Heckyl, a leading Fintech engaged in news and financial data analytics. A surge in growth-oriented news flow signals improvement in the business confidence among companies listed in Singapore.

M&A, partnerships, product launch, contracts, and expansion were top 5 categories leading growth news flow for Singapore listed companies in April 2018. At the company level, Singapore Airlines Ltd, IHH Healthcare Bhd, and Comfortdelgro Corp Ltd led the growth news flow during April 2018. 

Heckyl has a clear focus on reduction of the information arbitrage by “discovery and analysis” of the news flow in real time. Heckyl’s FiND News and Sentiment Analytics product analyses news + data from thousands of sources (including social media) in real time. Our proprietary tagging algorithm can tag a specific news category to any news based on the keywords in that news item.

Singapore Growth Sentiment 2-yr - Small size[Image 1: Search by Tags screen for Singapore] Read the rest of this entry »

M&M races ahead of Maruti, Tata Motors with a surge in news sentiment to 5-yr high

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Mahindra & Mahindra (M&M), one of the leading automobile companies in India, witnessed a surge in news sentiment to a 5-year high helped by extremely positive media coverage in March 2018. A slew of new product launches by M&M over the past 1-month lifted news sentiment to the highest level in the past 5-years.

With buoyant media coverage, M&M has surpassed news sentiment of both Maruti Suzuki and Tata Motors in March 2018 for the first time in the last 16-months.

Top Automakers - Sentiment 100 DMA - April 7[Image 1: Compare screen highlights news sentiment 100-DMA]

A series of positive news items highlighting new product launches, alternative energy and partnerships during the past 1-month pushed M&M’s news sentiment 100-day moving average (DMA) to 84.11 on Apr. 7, 2018.  Read the rest of this entry »