Sentiment Analysis

FinTech

You can follow current market trends by scrolling news and publication all day long, hiring someone to do it for you or using sentiment analysis. This methodology analyzes text by sentences, distinguishing positive, negative, and neutral meanings. In trading, sentiment analysis tools analyze market sentiments and mentions of companies that are in an investor’s portfolio whether in the news or on social media.

Benefits for the company

Gathering sentiment is extremely important for improving the algorithms for better and closer market predictions.

Feasability

High

Type of expertise/ AI domain

Natural Language Processing, Text Mining

Internal data required

Daily stocks movement data

External data possible

Social Data, News, Events Data

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