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.
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