|Description||Crowd-based financial sentiment analysis|
CrowdIndex allows analysis of the real-time sentiment and volume relating to particular markets or market-related topics. It uses advanced machine learning tools to mine social data in a way that is relevant to the language of financial markets. So it’s like a Radian6 for traders. And it enables the user to track shifts in sentiment and volume for a particular market and amongst different groups of people - sentiment “crowds” - based on filters such as social influence, age, geography, even keywords in users’ bios.
CrowdIndex aims to democratize the analysis of social data streams in helping make trading decisions. Social media represents a collective barometer of thoughts and ideas touching every aspect of the world. As social platforms increasingly become a primary means of communication for our age, asset managers, equity analysts and high frequency traders are incorporating indicator data from these platforms into investment decisions. Ultimately it’s a means to create “alpha”.