What is social sentiment analysis?
A post on social media can help inform investors of what someone thinks of a company or their products. Watching these posts in aggregate can provide insight into how the general public or specific audiences are reacting to a company's products, public relations, and actions. This sentiment affects a company's value, making it useful to investors.
What is a sentiment "score"?
A score is a custom calculation we apply to every social media post our systems analyze. It provides a numerical value which encompasses both the sentiment of a post and its popularity. A post speaking positively about a company and with many likes and shares will have a high sentiment score. A post reflecting poorly of a company but with few likes will have a small negative sentiment score. A post we consider neutral will have a near zero score regardless of popularity. Having these scores lets us aggregate and compare them fairly.
Which stocks are available on SocialSentiment.io?
Every stock on the NASDAQ and NYSE exchanges are available for monitoring. We do not monitor the social media activity of every one of these stocks because it's computationally expensive. By searching SocialSentiment.io for any stock on these exchanges and visiting the analysis page you have the option to activate monitoring of its social media activity.
Stock data provided by IEX Cloud.
What do these graphs tell us?
Our AI continuously analyzes the social sentiment of many social media posts. It computes scores that let us see how sentiment is changing over time. Graphs show us daily trends as well as moving averages.
How accurate are these graphs?
We strive to be as accurate as possible and we're constantly training our AI to be better. We have our AI "learn" unique content for each industry to make its predictions better. Based on our own testing our average accuracy is currently 86%. That means the vast majority of post analysis correlates with how a human would judge their sentiment.
Why do some stocks have no graph?
Monitoring social media for thousands of publicly traded stocks is computationally expensive. To keep our systems running as efficiently as possible we started with many of the most popular stocks. If you're interested in a stock we're not currently tracking you'll find a button on our analysis page to get it started. From the next day forward you'll see the stock's graph showing social trends.
We believe social network activity can help inform investors of the positive and negative opinions people hold of a company. Social media posts are made both before and after market price fluctuations. We can make no claim of correlation or causation between market prices and social media sentiment. We make no evaluation of stock value and we can make no prediction of future prices. The information gathered on SocialSentiment.io should be only one part of a broader investment strategy.
We've trained our artificial intelligence systems from past social media posts. While tests show our predictions are usually accurate to our models, a human may come to a different conclusion for some posts.