Sentiment Analysis

Catch next big trend for US markets using Heckyl Sentiment Index

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Traders and investors are always interested to know where the markets are heading. News, which is a big driver for the markets, can help such traders and investors. By keeping a tab on news flow, they can measure temperature of the market, identify patterns and form their strategies. However, vast amount of today’s information is making it increasingly difficult to monitor relevant news items and assess its positive/ negative impact on the market.

To address this problem, Heckyl has introduced Sentiment Index for Dow Jones Industrial Average (DJIA), a benchmark index for the 30 most significant companies in the US. Heckyl Sentiment index distills massive amounts of news data into a broad reading of collective sentiment for DJIA index. Traders and investors can use Heckyl Sentiment index as a directional signal to figure out whether they should go long or short on the US markets.

sentiment-djia-chart

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Predict impending stock move using Heckyl Sentiment Analytics

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The age-old battle of between fundamental and technical analysis will always continue. Both methods of analyzing a stock are powerful and have their own strengths and weaknesses. However, in the stock market, prices are largely driven by the new information. The market participants assess the new information and analyse its potential positive or negative impact on the stock. Based on their perception of new information, they take buy or sell positions in the market.

ABB Sentiment Read the rest of this entry »

Credit Risk… De-Risked!

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We highlighted – via a series of posts on Credit Risk Management (Read the  previous blog –  “Soaring Non-Performing Assets: The Paramount Problem“) – the ever-growing challenge of credit risk in financial institutions, the benefits of real-time analytics and the way in which Heckyl’s unique capabilities can be used to decipher credit risk management puzzle. We bring to you the third post, from the series.final tile

Heckyl believes there is a lot more that can be done in the credit risk space in the financial institutions. It is no secret anymore that be it the banks or the non-banking financial companies (NBFC), the wrath of the non-performing assets has spared none. Although, these financial institutions have their existing risk models in place, the important question remains, that is, are they able to comprehensively highlight the impending crisis ahead of time? Read the rest of this entry »

Simplifying Commodities Trading

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Commodities Profile ImageTrading commodities has been the foundation of human economic activity through the ages, fundamental for our survival as individuals and fundamental for the sustainability of our economic and social systems. However, historically commodity trading has been the preserve of large traders, big commodity powerhouses and institutional investors. This is partly because understanding the nuances of commodities takes more effort than shares which is also why popular media coverage of commodities is minimal as compared to coverage of stocks – you see many more ‘experts’ commenting on stocks as compared to commodities.

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Heckyl’s Social Media Heatmap helps beat the Indian Market Mayhem

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tweetGlobal jitters headed by China on concerns of economic slowdown in the world’s fastest growing economy , led to tremors in the financial markets across the globe. China’s equity market went through a roller-coaster ride in the last six months touching a peak of 5122 on June 6, surging 66 percent in a very short span of time. The stock market bubble finally busted and the index closed near 3000, losing over 40 percent in last three months.

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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 »