Sentiment Analysis

Sensex cos aggregate revenues likely to grow in Q3: Heckyl news study

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Heckyl news study has indicated a rise in Sensex companies’ aggregate revenues for the third quarter of the financial year 2018. Heckyl has developed an indicator to measure Sensex companies’ revenue visibility through analysis of growth-oriented news flow for the quarter. Our analysis showed that the movement in growth-oriented news flow and its underlying sentiment for the particular quarter can accordingly move Sensex companies’ aggregate revenues in the subsequent quarter.
We have analyzed nearly 60,000 growth-oriented news items for Sensex companies for the past 10-quarters. We identified 15 growth-oriented news categories which can have the potential impact on the company’s future revenue growth. Some of the growth-oriented news categories are contracts, expansion, product launch, M&A, fund-raising and business transactions. Based on the news volume and sentiment for these growth-oriented categories, we have prepared Heckyl Company Growth Indicator for Sensex companies.
Our back-testing has shown a strong positive 1-quarter lead-lag correlation (0.79) between Heckyl Company Growth Indicator (leading indicator) and aggregate quarterly net sales (lagging indicator) for Sensex companies for September 2015 to September 2017 period. In other words, Heckyl Growth Indicator for September 2017 quarter can act as a leading indicator for Sensex companies’ aggregate net sales for December 2017 quarter.
Heckyl Company Growth Indicator has correctly predicted the trend for Sensex companies’ aggregate net sales for the past 6 out of 7 quarters (Chart 1).
Chart 1

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NMDC news sentiment jumps to 1-year high on extremely positive media coverage

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News sentiment for the state-run mineral producer NMDC soared to the highest level in the past 12-months as the positive media coverage gained momentum during December 2017. At 51, Heckyl sentiment score 50-day moving average (DMA) was at the highest in the past 1-year on Jan. 2, 2018.

At the same time, positive press coverage was also reflected in the share price (Image 1). Since November 30, NMDC has appreciated nearly 17% as buoyant news sentiment fueled optimism about the future prospects.

NMDC_Share_Sentiment
[Image 1: NMDC share price and news sentiment chart]

Production, ratings, contracts, product pricing, and expansion related news items dominated NMDC’s media coverage in the past 1-month (Image 2). Moreover, news coverage under these categories was extremely positive during this period.

NMDC_Top Topics
[Image 2: Top 5 News Topics for NMDC]

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GSK attracts negative rating news coverage as analysts turn bearish on stock

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Analysts’ bearish stance on GSK weighs on stock price heavily

Media coverage for GlaxoSmithKline Plc, one of the world’s largest drug makers was dominated by Stock Rating related news items in the past 90-days. FiND, an alternative data platform showed the underlying news sentiment for analyst rating coverage on GSK was mostly negative during this period (Image 1).

FiND offers high-end Media analytics by tracking mainstream news and social media in real-time and analyzing movement in underlying sentiment around it for all listed and unlisted companies across the globe.

GSK RATINGS COVERAGE - Part 1
Image 1: GSK – Top Topics and Ratings News Sentiment

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Is your company getting adequate attention from international media?

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Social Media image

In today’s digital world, no company can afford to ignore their coverage on mainstream and social media. It is extremely important for companies to track media coverage and analyse sentiment around it regularly for preventing a PR crisis. 

Heckyl has introduced Media Monitoring Tool, which offers unique insights through deep-dive analytics on the company’s news and social media coverage.

To demonstrate Heckyl’s capabilities and depth of news coverage, we conducted a study on international media coverage for the Nifty companies during the past 30-days.

Our analysis showed that Tata Motors, Infosys, and Bharti Airtel were the top 3 companies attracting maximum news coverage from international media houses.

In our view, keeping track of international media coverage and analysis of underlying tone of news stories is essential for the companies with global presence.

In this blog post, we highlight infographics which shows region-wise news coverage, the tone of global media coverage and top news publishers for these 3 companies.

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Reliance Jio’s Media Share of Voice Falls in Oct’17

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Reliance Jio, India’s fourth largest telecom company, witnessed a drop in the share of voice for both mainstream and social media in October 2017 when compared with previous month. 

The share of voice for mainstream media stood at 15.6% in October, down from 22.6% in the previous month. At the same time, the share of voice for social media (Twitter) dropped to 14.1% in October from 21.1% in the last month (Image 1).

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Heckyl Sentiment Index for Nifty in bullish territory

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Heckyl Sentiment Index for Nifty regained strength and moved back into bullish territory, indicating the recent rally in the 50-share index may continue in the near term. The Modi government’s Rs 9-trillion plan to boost economy fueled optimism in the market and has sent the broad based Nifty to a record high level during the past week.

Heckyl has developed a Sentiment Index to track the sentiment around the market based on news development. This index analyses the potential impact of the sentiment on the value of Nifty index. This is done through an analysis of the news flow on the Nifty companies in real-time.

Our back-testing has indicated a strong positive correlation (0.80+), implying that the Heckyl Sentiment Index is an alternative proxy for the 50-share index.

Sentiment Index for Nifty regained strength  (Image 1) after the Modi government decided infuse Rs 2.1-trillion as capital in the ailing public sector banks. Moreover, the government’s plan to spend whopping Rs 7-trillion on the road projects also lifted the sentiments.

During the last week, the Nifty moved up 1.70 percent, while the 30-share Sensex surged 2.40 percent.

Nifty Sentiment Index
[Image 1: Heckyl Sentiment Index versus NSE Nifty Index]

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