On Saturday, April 26th, 2020, Trading Central released their new sentiment analysis product “TC Crowd Insight”. Using natural language processing and proprietary new algorithms, Crowd Insight scans thousands of industry news and social media sources published online every day to show how investors feel about a financial instrument.
TC Crowd Insight offers simple-to-deploy sentiment analysis for online brokerage platforms. Its analytical insights offer a refreshing perspective that compliment traditional research and supports alpha generation, risk mitigation and precision timing for trades.
Key features of TC Crowd Insight include:
- Sentiment Score: A unique insight into how the crowd feels, ranging from “very positive” to “very negative”.
- Subjectivity Index: Shows how rational or irrational the crowd’s opinion of an entity is. This is very helpful when identifying market bubbles!
- Confidence Index: Based on the volume of news evidence, how much weight should the sentiment score carry in an investor’s decision-making?
“Today’s financial landscape is rapidly evolving, and our goal at Trading Central is to make it as simple as possible for online brokers to align with shifting needs,” says Alain Pellier. “That’s why we’re incredibly proud to offer new and novel analytics that showcase innovation but are easy to deploy. Crowd Insight introduces sentiment research to our existing line-up of award-winning technical, economic, news, and fundamental analysis.”
“In today’s turbulent markets, we believe it’s critical that investors are given a broad range of research tools to validate their decisions,” says Jerome Favresse, Managing Director of TC Labs. “After nearly two years of proprietary natural language and algorithmic development, we’re proud to empower investors with the collective wisdom of the crowd.”
About Trading Central
Trading Central is a global leader of actionable financial market research. Their award-winning product suite fuses expert research desks with artificial intelligence to provide actionable technical, fundamental, news and economic analysis of global markets. Their innovation division “Trading Central Labs”, managed by fintech pioneer Jerome Favresse, was founded in 2019 with the focus on expanding the firm’s proprietary algorithms, alternative data streams and bold new ways to better support investment decisions in the ever evolving digital space.