News Sentiment

Dr. Reddy’s news sentiment lowest among BSE500 cos

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FiND media coverage study showed negative news sentiment for one-in-ten BSE500 companies during January 2018.

Dr. Reddy’s Laboratories Ltd, one of the leading drug makers in India, is one such company whose news sentiment has deteriorated significantly during the month of January 2018.

We highlight media coverage trends for Dr. Reddy’s below:

#1. News sentiment decelerates ahead of fall in the stock price
Dr Reddys - Sentiment - Chart
[Image 1: Sentiment Score 20 DMA versus Stock Price Performance]

#2: At negative 37, Dr. Reddy’s sentiment score 20-DMA was the lowest among its peers
Dr Reddys Sentiment comparison[Image 2: Sentiment Score Peer Comparison] Read the rest of this entry »

Extremely bullish news sentiment supports oil price rise: FiND

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Crude oil price has demonstrated a strong rally over the past 5-months. On Thursday, crude oil WTI futures jumped above USD 66 per barrel for the first time in more than three years. The rally in crude oil prices was supported by OPEC’s extension of production cut, strong demand and continuous drop in the US stockpiles of crude oil.

FiND, an alternative data platform developed by Heckyl showed the demand for crude oil has been outstripping supply consistently since February last year (Image 1).

Oil Demand Supply
[Image 1: Crude Oil Supply-Demand Balance]

At the same time, the US crude oil inventories have been witnessing downtrend for the past 10-months (Image 2).

US Oil Inventory
[Image 2: US Crude Oil Inventory] Read the rest of this entry »

Oil prices can play spoilsport to airline stocks rally

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2017 was a fantastic year for airline stocks as relatively lower oil prices, higher demand and improved operational performance brightened the outlook for the sector. However, after a solid performance last year, the global airline industry is bracing for an oil shock in 2018. The recent run-up in oil prices, if sustained, may exert a significant drag on airlines profitability in this year.

Stock returns
[Image 1: Watchlist highlights stock returns for leading airlines as on Jan. 24, 2018
(*For US-based companies, returns as on Jan. 23, 2018)]

In 2017, jet fuel prices averaged at USD 1.5 per gallon for the first 3-quarters. A spike in crude oil moved jet fuel average price to USD 1.74 per gallon in Q4’17 from USD 1.59 per gallon in Q3’17. The impact of 9.4% sequential rise in jet fuel prices in Q4 was clearly visible in recently announced quarterly numbers of leading airlines.

For instance, Delta Air Lines witnessed an 8% y-o-y drop in net income in Q4’17 owning to 21% rise in fuel cost. At the same time, CASM (cost per available seat mile) – Fuel for Delta rose significantly by 38.67% sequentially to USD 0.03 in Q4’17.

Delta - CASM Fuel
[Image 2: Compare screen highlights trend for Delta Air Lines’ CASM – Fuel and Jet Fuel] Read the rest of this entry »

Tesla dominates media coverage among major automakers in 2017

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Product launch, alternative energy top news topics for global automakers 

Surge in news volume highlighting alternative energy signals the automotive industry is moving towards electric vehicles at top speed

Tesla Inc. topped the media coverage among 20 major global automakers in 2017 followed by Volkswagen, Ford Motor, and Toyota (Image 1). Tesla generated a lot of media frenzy around its market launch of Model 3 and unveiling of Roadster and Tesla Semi during this year.
Top 20 - Share of Voice
[Image 1]

FiND, an alternative data platform showed a surge in news flow highlighting alternative energy for all major automakers globally (Image 2). Automotive product launches generate lots of media coverage and thus it topping the list is understandable.
Category Wise News Flow
[Image 2]
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Bharti Airtel Tops Media Share of Voice; News Sentiment at 1-Year High

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Bharti Airtel dominated media coverage among the leading telecom companies in the past 30-days, while news sentiment soared to the highest level in the past 12-months.

Media share of voice for the India’s largest telecom operator stood at 43%, followed by Reliance Communications (26.4%) and Vodafone India (22%) [Image 1].

Bharti Airtel - Share of Voice
[Image 1: Media Share of Voice]

Bharti Airtel and Vodafone India have recorded a surge in sentiment score over the past 2-months helped by positive media coverage. On the other hand, news sentiment for Reliance Communications remained in negative territory during the same period [Image 2].

Bharti Sentiment
[Image 2: Sentiment Score Chart]

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Heckyl Sentiment Index to help fund managers decipher news sentiment around portfolio

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Equity mutual funds have recorded nearly 4-fold growth in net inflows in the past six months. Net inflows in equity-oriented funds stood at a staggering Rs 76,065 crore for the first half of the financial year 2017, up from Rs 19,829 crore in the same period last year. At the same time, equity funds’ asset under management (AUM) grew 22% over the past six months primarily due to a surge in net inflows.

Heckyl has developed India’s first Sentiment Index for Mutual Funds. Our proprietary Sentiment Index offers a broad reading of collective sentiment through real-time analysis of news flow on the stocks within fund portfolio.

News, which drives the day-to-day movement in the stock prices, can help to predict fund performance. A positive news flow on the stocks within the portfolio could possibly indicate better returns ahead and vice-versa.

Heckyl Sentiment Index can help fund managers to decipher underlying sentiment around fund portfolio. Our Sentiment Index indicates bullish/bearish signals for equity funds based on the crossover of fast and slow moving averages of the daily sentiment index value. 

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OMCs attract positive media coverage in Aug’17; IOCL’s news sentiment hits 5-year high

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Media coverage was overwhelmingly positive for Oil Marketing Companies (OMCs) during August 2017. Corporate growth, expansion and M&A related news flow dominated the media coverage for OMCs in the past month.

Indian Oil Corporation Ltd (IOCL), the country’s largest OMC, witnessed a marked improvement in positive media coverage during August 2017.

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