Stock Badger App for Andriod
Stock Badger processes and analyzes 100 current energy sector Tweets to determine if the sentiment is Bullish, Neutral or Bearish. The breakdown of the sentiment scores are displayed for easy reference.
Investor sentiment on the stock market can be used as an indicator of market direction. Natural Language Processing is the field of Machine Learning able to make computer systems understand human language. Stock Badger uses Natural Language Processing to gauge how people feel about the stock market.
Why is market sentiment and current news valuable? The article “Financial News Predicts Stock Market Volatility Better Than Close Price” in The Journal of Finance and Data Science (June 2018) by authors Adam Atkins, Mahesan Niranjan, Enrico Gerding explains why. In the article, they say “empirical results show that the average directional prediction accuracy for volatility, on arrival of new information, is 56%, while that of the asset close price is no better than random at 49%.”
Additional risk information is provided on individual stocks. Below is an example of the analysis on Exxon Mobil Corporation. Prices are NOT real-time.
Exxon Mobil Corporation (XOM)
52-Week Return: A comparison measuring a stocks percent return relative to the S&P 500. The starting point is 52 weeks or 1 year in the past.
52-Week Range: The measure for a company’s stock price relative to the low and high over the previous year. In the range calculation, the low of the 52-week range is -1, middle is 0, and high is +1. For example, a stock with a Range value at 0.85 is close to its 52-Week High.
Historical Volatility: A measurement of how much a stock moved up or down in the past. The annualized standard deviation of stock price daily returns.
Beta vs S&P 500: An metric that assesses the risk and associated volatility of a stock in relation to the S&P 500. If the Beta equals 1, then the stock’s volatility matches that of the S&P 500. If the Beta is greater than 1, then the stock is deemed to be more volatile than the market and if it’s less than 1 then the stock is deemed to be safer.
Correlation: How much other stuff is contributing to the stock return?
Market Capitalization: Cost per Share x Number of Shares
Disclaimer: All data provided on Hydrocarbonreports.com is provided for informational purposes only, and is not intended for trading or investing purposes. Hydrocarbonreports.com provides all information as is.