|
Powered by a proprietary text analysis platform, RavenPack analyzes
novel and relevant stories published in all major news sources to look for key events,
topics, and opinions that indicate changes in sentiment around a specific company. Sampled
news sources represent the most reliable and authoritative publishers of business and
financial news.
A RavenPack News Score is an indicator derived through a complex
algorithm incorporating multiple series of words and phrases, topics, concepts, and events
that are typically associated with subsequent positive or negative stock price movements.
The result is a numerical expression between 0 and 100, where values above or below 50 are
positive or negative, respectively. A study
conducted between 2005 and 2008 showed that 90% of all signals generated demonstrated
profitable returns in the hours immediately following a news score event.
Published as "computer-readable" data elements through a real-time
feed, RavenPack news scores are considered to be the timeliest company sentiment indicators
in the marketplace. All indicators are calculated in real-time, monitoring the sentiment in
articles immediately after news is published.
| Benefits |
|
•
|
Faster Decisions – Capture alpha opportunities
by instantly trading off the news |
|
•
|
Model Market Behavior – Improve risk
management with forward looking sentiment metrics |
|
•
|
Improved Efficiency – Strengthen stock
portfolio allocation decisions and trading execution |
|
•
|
Structured Data – Save time and costs by
directly embedding the data into trading programs and models |
| |
| Key Differentiators |
|
•
|
Speed – Low latency text and sentiment
analysis delivered as a real-time data feed |
|
•
|
Superior Analysis – Multiple sentiment
detection techiques provide more accuracy and flexibility |
|
•
|
Market Moving Events – Over 160 event
categories automatically detected by algorithms |
|
•
|
Extensive Coverage – News analytics
available on more than 27,000 publicly traded companies |
|
•
|
Elementized Format – RavenPack places
discrete tagged pieces of news making every record 100% computer-readable |
|
•
|
Backtesting data – Over 5 years of
millisecond timestamped data for testing |
RavenPack News Scores harnesses many years of experience processing vast quantities of
textual news from thousands of media sources. The service lets financial professionals
utilize more than a decade of proprietary research and development in text analytics and
financial modeling.
RavenPack News Scores is also available in partner platforms including Aleri's CEP 3.0,
Alphacet Discovery, Aqumin's AlphaVision, OptiRisk Systems, RTS Real Time Systems, and
Xenomorph TimeScape, among others.
For more information about RavenPack News Scores, please contact a RavenPack
representative at sales@ravenpack.com.
|